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METROPOLIS HEALTHCARE
PE (Price/Earnings) Ratio

The Current P/E Ratio of METROPOLIS HEALTHCARE is 75.10.

Share Price ₹1,839.7Apr 24,2024
Market Cap ₹9,419.0 Cr
Earnings-TTM₹125.4 CrTTM-Consolidated Results
Price/Earnings75.10xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of METROPOLIS HEALTHCARE

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 METROPOLIS HEALTHCARE is calculated as :

Current Market Cap [ ₹9,419.0 Cr] as on Apr 24,2024

(/) Earnings [ ₹125.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 75.10x ]

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

Thus, for METROPOLIS HEALTHCARE , the investors are currently willing to pay 75.10 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 METROPOLIS HEALTHCARE !

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 METROPOLIS HEALTHCARE over the last five years.

Historical PE (Price/Earnings) ratio chart of METROPOLIS HEALTHCARE


PE Ratio Performance Analysis for METROPOLIS HEALTHCARE

- METROPOLIS HEALTHCARE 's latest p/e ratio is 75.10x.

- METROPOLIS HEALTHCARE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 41.43x.

- METROPOLIS HEALTHCARE 's operated at median p/e ratio of 48.66x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, METROPOLIS HEALTHCARE 's p/e ratio peaked in Mar2021 at 62.57x.

- METROPOLIS HEALTHCARE 's p/e ratio hit its five-year low in Mar2019 of 0x.


How does METROPOLIS HEALTHCARE '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
METROPOLIS HEALTHCARE 125.4275.109,419.0
APOLLO HOSPITALS ENTERPRISE LTD809.27111.2690,042.3
MAX HEALTHCARE INSTITUTE LTD1,057.0274.7579,011.6
GLOBAL HEALTH LTD451.7885.7138,724.1
FORTIS HEALTHCARE LTD573.4859.2833,995.8
NARAYANA HRUDAYALAYA LTD772.0833.4325,809.8
ASTER DM HEALTHCARE LTD418.6645.7319,143.8
DR LAL PATHLABS LTD333.4058.3619,458.7
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD363.3344.6916,236.8
RAINBOW CHILDRENS MEDICARE LTD221.0962.2313,759.1
JUPITER LIFE LINE HOSPITALS LTD130.9761.998,118.7

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

Top 10 Industry PeersPE Ratio
Min industry PE 33.43x
Max industry PE 111.26x
Median industry PE 61.99x
Average industry PE 64.78x



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