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INDRAPRASTHA MEDICAL CORPORATION
PE (Price/Earnings) Ratio

The Current P/E Ratio of INDRAPRASTHA MEDICAL CORPORATION is 21.36.

Share Price ₹262.3Apr 26,2024
Market Cap ₹2,405.3 Cr
Earnings-TTM₹112.6 CrTTM-Standalone Results
Price/Earnings21.36xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of INDRAPRASTHA MEDICAL CORPORATION

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of INDRAPRASTHA MEDICAL CORPORATION is calculated as :

Current Market Cap [ ₹2,405.3 Cr] as on Apr 26,2024

(/) Earnings [ ₹112.6 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 21.36x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for INDRAPRASTHA MEDICAL CORPORATION , the investors are currently willing to pay 21.36 times earnings to own 1 share of the company.

PE Multiples are the most widely used valuation multiple in practice.

Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.

In such cases, you may consider using Price to Book ratio or Price to Sales ratio of INDRAPRASTHA MEDICAL CORPORATION !

P/E ratios, also, would not adjust for differences in the capital structure between companies.

The chart below summarizes the trend in P/E Ratio of INDRAPRASTHA MEDICAL CORPORATION over the last five years.

Historical PE (Price/Earnings) ratio chart of INDRAPRASTHA MEDICAL CORPORATION


PE Ratio Performance Analysis for INDRAPRASTHA MEDICAL CORPORATION

- INDRAPRASTHA MEDICAL CORPORATION 's latest p/e ratio is 21.36x.

- INDRAPRASTHA MEDICAL CORPORATION 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 49.67x.

- INDRAPRASTHA MEDICAL CORPORATION 's operated at median p/e ratio of 9.14x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, INDRAPRASTHA MEDICAL CORPORATION 's p/e ratio peaked in Mar2021 at 211.45x.

- INDRAPRASTHA MEDICAL CORPORATION 's p/e ratio hit its five-year low in Mar2020 of 7.13x.


How does INDRAPRASTHA MEDICAL CORPORATION 's P/E Ratio benchmark against top 10 peers in Hospital & Healthcare Services Industry?

Peer Comparison (Hospital & Healthcare Services Industry)Earnings-TTM (Cr)PE RatioMarket Cap
INDRAPRASTHA MEDICAL CORPORATION 112.6321.362,405.3
APOLLO HOSPITALS ENTERPRISE LTD809.27111.2089,988.4
MAX HEALTHCARE INSTITUTE LTD1,057.0273.7877,986.2
GLOBAL HEALTH LTD451.7886.0338,865.1
FORTIS HEALTHCARE LTD573.4858.4233,501.3
NARAYANA HRUDAYALAYA LTD772.0833.7726,073.4
ASTER DM HEALTHCARE LTD418.6642.8317,932.5
DR LAL PATHLABS LTD333.4059.7719,926.6
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD363.3344.0215,995.5
RAINBOW CHILDRENS MEDICARE LTD221.0961.7013,640.3
METROPOLIS HEALTHCARE LTD125.4273.759,249.6

Hospital & Healthcare Services Industry Benchmark (Top 10) PE Analysis vs INDRAPRASTHA MEDICAL CORPORATION 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 21.36x
Max industry PE 111.20x
Median industry PE 59.77x
Average industry PE 60.60x



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