METROPOLIS HEALTHCARE
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The Current P/E Ratio of METROPOLIS HEALTHCARE is 75.10.
Share Price | ₹1,839.7 | Apr 24,2024 |
Market Cap | ₹9,419.0 Cr | |
Earnings-TTM | ₹125.4 Cr | TTM-Consolidated Results |
Price/Earnings | 75.10x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of METROPOLIS HEALTHCARE
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
METROPOLIS HEALTHCARE | 125.42 | 75.10 | 9,419.0 |
APOLLO HOSPITALS ENTERPRISE LTD | 809.27 | 111.26 | 90,042.3 |
MAX HEALTHCARE INSTITUTE LTD | 1,057.02 | 74.75 | 79,011.6 |
GLOBAL HEALTH LTD | 451.78 | 85.71 | 38,724.1 |
FORTIS HEALTHCARE LTD | 573.48 | 59.28 | 33,995.8 |
NARAYANA HRUDAYALAYA LTD | 772.08 | 33.43 | 25,809.8 |
ASTER DM HEALTHCARE LTD | 418.66 | 45.73 | 19,143.8 |
DR LAL PATHLABS LTD | 333.40 | 58.36 | 19,458.7 |
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD | 363.33 | 44.69 | 16,236.8 |
RAINBOW CHILDRENS MEDICARE LTD | 221.09 | 62.23 | 13,759.1 |
JUPITER LIFE LINE HOSPITALS LTD | 130.97 | 61.99 | 8,118.7 |
Hospital & Healthcare Services Industry Benchmark (Top 10) PE Analysis vs METROPOLIS HEALTHCARE 's P/E Ratio
Top 10 Industry Peers | PE 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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