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MAX HEALTHCARE INSTITUTE
PE (Price/Earnings) Ratio

The Current P/E Ratio of MAX HEALTHCARE INSTITUTE is 75.43.

Share Price ₹820.4Mar 28,2024
Market Cap ₹79,734.7 Cr
Earnings-TTM₹1,057.0 CrTTM-Consolidated Results
Price/Earnings75.43xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of MAX HEALTHCARE 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 MAX HEALTHCARE INSTITUTE is calculated as :

Current Market Cap [ ₹79,734.7 Cr] as on Mar 28,2024

(/) Earnings [ ₹1,057.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 75.43x ]

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

Thus, for MAX HEALTHCARE INSTITUTE , the investors are currently willing to pay 75.43 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 MAX HEALTHCARE 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 MAX HEALTHCARE INSTITUTE over the last five years.

Historical PE (Price/Earnings) ratio chart of MAX HEALTHCARE INSTITUTE


PE Ratio Performance Analysis for MAX HEALTHCARE INSTITUTE

- MAX HEALTHCARE INSTITUTE 's latest p/e ratio is 75.43x.

- MAX HEALTHCARE INSTITUTE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 18.88x.

- MAX HEALTHCARE INSTITUTE '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, MAX HEALTHCARE INSTITUTE 's p/e ratio peaked in Mar2022 at 55.59x.

- MAX HEALTHCARE INSTITUTE 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does MAX HEALTHCARE 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
MAX HEALTHCARE INSTITUTE 1,057.0275.4379,734.7
APOLLO HOSPITALS ENTERPRISE LTD809.27112.8691,330.6
GLOBAL HEALTH LTD451.7878.6735,542.3
FORTIS HEALTHCARE LTD573.4855.2831,700.7
NARAYANA HRUDAYALAYA LTD772.0833.8926,163.3
ASTER DM HEALTHCARE LTD418.6648.8220,437.6
DR LAL PATHLABS LTD333.4056.6518,888.1
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD363.3345.3316,470.5
RAINBOW CHILDRENS MEDICARE LTD221.0959.5913,174.9
METROPOLIS HEALTHCARE LTD125.4270.518,843.8
JUPITER LIFE LINE HOSPITALS LTD130.9759.977,853.8

Hospital & Healthcare Services Industry Benchmark (Top 10) PE Analysis vs MAX HEALTHCARE INSTITUTE 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 33.89x
Max industry PE 112.86x
Median industry PE 59.59x
Average industry PE 63.36x



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