LOTUS EYE HOSPITAL AND INSTITUTE
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The Current P/E Ratio of LOTUS EYE HOSPITAL AND INSTITUTE is 34.81.
Share Price | ₹59.2 | Apr 23,2024 |
Market Cap | ₹123.1 Cr | |
Earnings-TTM | ₹3.5 Cr | TTM-Standalone Results |
Price/Earnings | 34.81x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of LOTUS EYE HOSPITAL AND INSTITUTE
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
LOTUS EYE HOSPITAL AND INSTITUTE | 3.54 | 34.81 | 123.1 |
APOLLO HOSPITALS ENTERPRISE LTD | 809.27 | 110.01 | 89,027.1 |
MAX HEALTHCARE INSTITUTE LTD | 1,057.02 | 69.91 | 73,899.4 |
GLOBAL HEALTH LTD | 451.78 | 83.22 | 37,596.4 |
FORTIS HEALTHCARE LTD | 573.48 | 58.69 | 33,656.0 |
NARAYANA HRUDAYALAYA LTD | 772.08 | 33.13 | 25,582.9 |
ASTER DM HEALTHCARE LTD | 418.66 | 47.65 | 19,950.6 |
DR LAL PATHLABS LTD | 333.40 | 56.27 | 18,759.6 |
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD | 363.33 | 44.08 | 16,015.2 |
RAINBOW CHILDRENS MEDICARE LTD | 221.09 | 61.68 | 13,635.7 |
METROPOLIS HEALTHCARE LTD | 125.42 | 74.73 | 9,372.3 |
Hospital & Healthcare Services Industry Benchmark (Top 10) PE Analysis vs LOTUS EYE HOSPITAL AND INSTITUTE 's P/E Ratio
Top 10 Industry Peers | PE 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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