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VIJAYA DIAGNOSTIC CENTRE
PE (Price/Earnings) Ratio

The Current P/E Ratio of VIJAYA DIAGNOSTIC CENTRE is 62.18.

Share Price ₹691.0Apr 25,2024
Market Cap ₹7,068.9 Cr
Earnings-TTM₹113.7 CrTTM-Consolidated Results
Price/Earnings62.18xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of VIJAYA DIAGNOSTIC CENTRE

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 VIJAYA DIAGNOSTIC CENTRE is calculated as :

Current Market Cap [ ₹7,068.9 Cr] as on Apr 25,2024

(/) Earnings [ ₹113.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 62.18x ]

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

Thus, for VIJAYA DIAGNOSTIC CENTRE , the investors are currently willing to pay 62.18 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 VIJAYA DIAGNOSTIC CENTRE !

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 VIJAYA DIAGNOSTIC CENTRE over the last five years.

Historical PE (Price/Earnings) ratio chart of VIJAYA DIAGNOSTIC CENTRE


PE Ratio Performance Analysis for VIJAYA DIAGNOSTIC CENTRE

- VIJAYA DIAGNOSTIC CENTRE 's latest p/e ratio is 62.18x.

- VIJAYA DIAGNOSTIC CENTRE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 17.58x.

- VIJAYA DIAGNOSTIC CENTRE '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, VIJAYA DIAGNOSTIC CENTRE 's p/e ratio peaked in Mar2023 at 47.18x.

- VIJAYA DIAGNOSTIC CENTRE 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does VIJAYA DIAGNOSTIC CENTRE '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
VIJAYA DIAGNOSTIC CENTRE 113.6962.187,068.9
APOLLO HOSPITALS ENTERPRISE LTD809.27113.4591,810.8
MAX HEALTHCARE INSTITUTE LTD1,057.0273.8278,030.0
GLOBAL HEALTH LTD451.7885.5838,663.7
FORTIS HEALTHCARE LTD573.4858.3633,467.3
NARAYANA HRUDAYALAYA LTD772.0833.5425,892.5
ASTER DM HEALTHCARE LTD418.6643.6918,292.2
DR LAL PATHLABS LTD333.4058.3619,458.7
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD363.3344.4916,164.4
RAINBOW CHILDRENS MEDICARE LTD221.0960.4613,367.3
METROPOLIS HEALTHCARE LTD125.4272.249,060.1

Hospital & Healthcare Services Industry Benchmark (Top 10) PE Analysis vs VIJAYA DIAGNOSTIC CENTRE 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 33.54x
Max industry PE 113.45x
Median industry PE 60.46x
Average industry PE 64.20x



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