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KRISHNA INSTITUTE OF MEDICAL SCIENCES
PE (Price/Earnings) Ratio

The Current P/E Ratio of KRISHNA INSTITUTE OF MEDICAL SCIENCES is 44.47.

Share Price ₹2,019.9Apr 25,2024
Market Cap ₹16,158.8 Cr
Earnings-TTM₹363.3 CrTTM-Consolidated Results
Price/Earnings44.47xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of KRISHNA INSTITUTE OF MEDICAL SCIENCES

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 KRISHNA INSTITUTE OF MEDICAL SCIENCES is calculated as :

Current Market Cap [ ₹16,158.8 Cr] as on Apr 25,2024

(/) Earnings [ ₹363.3 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 44.47x ]

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

Thus, for KRISHNA INSTITUTE OF MEDICAL SCIENCES , the investors are currently willing to pay 44.47 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 KRISHNA INSTITUTE OF MEDICAL SCIENCES !

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 KRISHNA INSTITUTE OF MEDICAL SCIENCES over the last five years.

Historical PE (Price/Earnings) ratio chart of KRISHNA INSTITUTE OF MEDICAL SCIENCES


PE Ratio Performance Analysis for KRISHNA INSTITUTE OF MEDICAL SCIENCES

- KRISHNA INSTITUTE OF MEDICAL SCIENCES 's latest p/e ratio is 44.47x.

- KRISHNA INSTITUTE OF MEDICAL SCIENCES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 13.33x.

- KRISHNA INSTITUTE OF MEDICAL SCIENCES 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, KRISHNA INSTITUTE OF MEDICAL SCIENCES 's p/e ratio peaked in Mar2023 at 33.46x.

- KRISHNA INSTITUTE OF MEDICAL SCIENCES 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does KRISHNA INSTITUTE OF MEDICAL SCIENCES '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
KRISHNA INSTITUTE OF MEDICAL SCIENCES 363.3344.4716,158.8
APOLLO HOSPITALS ENTERPRISE LTD809.27113.4591,810.8
MAX HEALTHCARE INSTITUTE LTD1,057.0273.8278,030.0
GLOBAL HEALTH LTD451.7885.5838,663.7
FORTIS HEALTHCARE LTD573.4858.3633,467.3
NARAYANA HRUDAYALAYA LTD772.0833.5425,892.5
ASTER DM HEALTHCARE LTD418.6643.6918,292.2
DR LAL PATHLABS LTD333.4058.3619,458.7
RAINBOW CHILDRENS MEDICARE LTD221.0960.4613,367.3
METROPOLIS HEALTHCARE LTD125.4272.249,060.1
JUPITER LIFE LINE HOSPITALS LTD130.9761.638,071.2

Hospital & Healthcare Services Industry Benchmark (Top 10) PE Analysis vs KRISHNA INSTITUTE OF MEDICAL SCIENCES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 33.54x
Max industry PE 113.45x
Median industry PE 60.46x
Average industry PE 64.15x



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