KRSNAA DIAGNOSTICS
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The Current P/E Ratio of KRSNAA DIAGNOSTICS is 33.57.
Share Price | ₹592.8 | May 02,2024 |
Market Cap | ₹1,914.7 Cr | |
Earnings-TTM | ₹57.0 Cr | TTM-Consolidated Results |
Price/Earnings | 33.57x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of KRSNAA DIAGNOSTICS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,914.7 Cr] as on May 02,2024
(/) Earnings [ ₹57.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 33.57x ]
Thus, for KRSNAA DIAGNOSTICS , the investors are currently willing to pay 33.57 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 KRSNAA DIAGNOSTICS !
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 KRSNAA DIAGNOSTICS over the last five years.
Historical PE (Price/Earnings) ratio chart of KRSNAA DIAGNOSTICS
PE Ratio Performance Analysis for KRSNAA DIAGNOSTICS
- KRSNAA DIAGNOSTICS 's p/e ratio for fiscal years ending Mar2023 to Mar2022 averaged 22.78x.
- KRSNAA DIAGNOSTICS 's operated at median p/e ratio of 23.26x from fiscal years ending March 2018 to 2022.
- Looking back at the last 2 fiscal years, KRSNAA DIAGNOSTICS 's p/e ratio peaked in Mar2023 at 23.26x.
- KRSNAA DIAGNOSTICS 's p/e ratio hit its five-year low in Mar2022 of 22.29x.
How does KRSNAA DIAGNOSTICS '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 |
---|---|---|---|
KRSNAA DIAGNOSTICS | 57.03 | 33.57 | 1,914.7 |
APOLLO HOSPITALS ENTERPRISE LTD | 809.27 | 105.82 | 85,638.1 |
MAX HEALTHCARE INSTITUTE LTD | 1,057.02 | 74.95 | 79,220.6 |
GLOBAL HEALTH LTD | 451.78 | 84.75 | 38,289.1 |
FORTIS HEALTHCARE LTD | 573.48 | 58.00 | 33,263.5 |
NARAYANA HRUDAYALAYA LTD | 772.08 | 33.33 | 25,737.2 |
ASTER DM HEALTHCARE LTD | 418.66 | 40.97 | 17,153.3 |
DR LAL PATHLABS LTD | 333.40 | 58.83 | 19,613.1 |
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD | 363.33 | 43.77 | 15,901.9 |
RAINBOW CHILDRENS MEDICARE LTD | 221.09 | 63.64 | 14,070.7 |
METROPOLIS HEALTHCARE LTD | 125.42 | 73.87 | 9,264.7 |
Hospital & Healthcare Services Industry Benchmark (Top 10) PE Analysis vs KRSNAA DIAGNOSTICS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 33.33x |
Max industry PE | 105.82x |
Median industry PE | 58.83x |
Average industry PE | 61.05x |
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