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LOTUS EYE HOSPITAL AND INSTITUTE
PE (Price/Earnings) Ratio

The Current P/E Ratio of LOTUS EYE HOSPITAL AND INSTITUTE is 34.81.

Share Price ₹59.2Apr 23,2024
Market Cap ₹123.1 Cr
Earnings-TTM₹3.5 CrTTM-Standalone Results
Price/Earnings34.81xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of LOTUS EYE HOSPITAL AND INSTITUTE

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 LOTUS EYE HOSPITAL AND INSTITUTE is calculated as :

Current Market Cap [ ₹123.1 Cr] as on Apr 23,2024

(/) Earnings [ ₹3.5 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 34.81x ]

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

Thus, for LOTUS EYE HOSPITAL AND INSTITUTE , the investors are currently willing to pay 34.81 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 LOTUS EYE HOSPITAL AND INSTITUTE !

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 LOTUS EYE HOSPITAL AND INSTITUTE over the last five years.

Historical PE (Price/Earnings) ratio chart of LOTUS EYE HOSPITAL AND INSTITUTE


PE Ratio Performance Analysis for LOTUS EYE HOSPITAL AND INSTITUTE

- LOTUS EYE HOSPITAL AND INSTITUTE 's latest p/e ratio is 34.81x.

- LOTUS EYE HOSPITAL AND INSTITUTE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 46.59x.

- LOTUS EYE HOSPITAL AND INSTITUTE 's operated at median p/e ratio of 45.52x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, LOTUS EYE HOSPITAL AND INSTITUTE 's p/e ratio peaked in Mar2019 at 65.06x.

- LOTUS EYE HOSPITAL AND INSTITUTE 's p/e ratio hit its five-year low in Mar2023 of 29.62x.


How does LOTUS EYE HOSPITAL AND INSTITUTE '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
LOTUS EYE HOSPITAL AND INSTITUTE 3.5434.81123.1
APOLLO HOSPITALS ENTERPRISE LTD809.27110.0189,027.1
MAX HEALTHCARE INSTITUTE LTD1,057.0269.9173,899.4
GLOBAL HEALTH LTD451.7883.2237,596.4
FORTIS HEALTHCARE LTD573.4858.6933,656.0
NARAYANA HRUDAYALAYA LTD772.0833.1325,582.9
ASTER DM HEALTHCARE LTD418.6647.6519,950.6
DR LAL PATHLABS LTD333.4056.2718,759.6
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD363.3344.0816,015.2
RAINBOW CHILDRENS MEDICARE LTD221.0961.6813,635.7
METROPOLIS HEALTHCARE LTD125.4274.739,372.3

Hospital & Healthcare Services Industry Benchmark (Top 10) PE Analysis vs LOTUS EYE HOSPITAL AND INSTITUTE 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 33.13x
Max industry PE 110.01x
Median industry PE 58.69x
Average industry PE 61.29x



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