KOVAI MEDICAL CENTER & HOSPITAL
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The Current P/E Ratio of KOVAI MEDICAL CENTER & HOSPITAL is 28.39.
Share Price | ₹4,118.5 | Apr 19,2024 |
Market Cap | ₹4,489.1 Cr | |
Earnings-TTM | ₹158.1 Cr | TTM-Standalone Results |
Price/Earnings | 28.39x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of KOVAI MEDICAL CENTER & HOSPITAL
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹4,489.1 Cr] as on Apr 19,2024
(/) Earnings [ ₹158.1 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 28.39x ]
Thus, for KOVAI MEDICAL CENTER & HOSPITAL , the investors are currently willing to pay 28.39 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 KOVAI MEDICAL CENTER & HOSPITAL !
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 KOVAI MEDICAL CENTER & HOSPITAL over the last five years.
Historical PE (Price/Earnings) ratio chart of KOVAI MEDICAL CENTER & HOSPITAL
PE Ratio Performance Analysis for KOVAI MEDICAL CENTER & HOSPITAL
- KOVAI MEDICAL CENTER & HOSPITAL 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 14.31x.
- KOVAI MEDICAL CENTER & HOSPITAL 's operated at median p/e ratio of 15.53x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, KOVAI MEDICAL CENTER & HOSPITAL 's p/e ratio peaked in Mar2023 at 17.4x.
- KOVAI MEDICAL CENTER & HOSPITAL 's p/e ratio hit its five-year low in Mar2020 of 7.87x.
How does KOVAI MEDICAL CENTER & HOSPITAL 's P/E Ratio benchmark against top 10 peers in Hospital & Healthcare Services Industry?
Peer Comparison (Hospital & Healthcare Services Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
KOVAI MEDICAL CENTER & HOSPITAL | 158.11 | 28.39 | 4,489.1 |
APOLLO HOSPITALS ENTERPRISE LTD | 809.27 | 109.62 | 88,715.9 |
MAX HEALTHCARE INSTITUTE LTD | 1,057.02 | 70.98 | 75,026.8 |
GLOBAL HEALTH LTD | 451.78 | 83.35 | 37,656.8 |
FORTIS HEALTHCARE LTD | 573.48 | 56.69 | 32,512.3 |
NARAYANA HRUDAYALAYA LTD | 772.08 | 32.86 | 25,374.5 |
ASTER DM HEALTHCARE LTD | 418.66 | 62.14 | 26,014.6 |
DR LAL PATHLABS LTD | 333.40 | 55.24 | 18,417.7 |
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD | 363.33 | 42.89 | 15,582.6 |
RAINBOW CHILDRENS MEDICARE LTD | 221.09 | 59.84 | 13,228.7 |
METROPOLIS HEALTHCARE LTD | 125.42 | 70.98 | 8,901.8 |
Hospital & Healthcare Services Industry Benchmark (Top 10) PE Analysis vs KOVAI MEDICAL CENTER & HOSPITAL 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 28.39x |
Max industry PE | 109.62x |
Median industry PE | 59.84x |
Average industry PE | 61.18x |
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