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DR LAL PATHLABS
PS (Price/Sales) Ratio

The Current P/S Ratio of DR LAL PATHLABS is 8.96.

Share Price ₹2,331.0Apr 25,2024
Market Cap ₹19,463.9 Cr
Sales-TTM₹2,172.2 CrTTM-Consolidated Results
Price/Sales8.96xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of DR LAL PATHLABS

Price-to-Sales ratio, P/S Multiple, or P/S Ratio is an important valuation multiple that is defined as:

P/S = Market Capitalization / Sales

or, using per-share numbers:

P/S = Stock Price / Sales Per Share

Applying the above formula, P/S ratio of DR LAL PATHLABS is calculated as :

Current Market Cap [ ₹19,463.9 Cr] as on Apr 25,2024

(/) Sales [ ₹2,172.2 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 8.96x ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

Thus, for DR LAL PATHLABS , the investors are currently willing to pay '8.96 times sales' to own 1 share of the company.

PS Multiples are one of the most widely used valuation multiple in the industry.

P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.

You may also explore Price to Earnings ratio or Price to Book ratio of DR LAL PATHLABS !

The chart below summarizes the trend in P/S Ratio of DR LAL PATHLABS over the last five years.

Historical PS (Price/Sales) ratio chart of DR LAL PATHLABS


PS Ratio Performance Analysis for DR LAL PATHLABS

- DR LAL PATHLABS 's latest p/e ratio is 8.96x.

- DR LAL PATHLABS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 9.66x.

- DR LAL PATHLABS 's operated at median p/e ratio of 8.78x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, DR LAL PATHLABS 's p/e ratio peaked in Mar2021 at 14.27x.

- DR LAL PATHLABS 's p/e ratio hit its five-year low in Mar2019 of 7.3x.


How does DR LAL PATHLABS 's P/S Ratio benchmark against top 10 peers in Hospital & Healthcare Services Industry?

Peer Comparison (Hospital & Healthcare Services Industry)Sales (Cr)PS RatioMarket Cap (Cr)
DR LAL PATHLABS 2,172.28.9619,463.9
APOLLO HOSPITALS ENTERPRISE LTD18,417.54.9891,810.8
MAX HEALTHCARE INSTITUTE LTD5,197.615.0178,030.0
GLOBAL HEALTH LTD3,153.012.2638,663.7
FORTIS HEALTHCARE LTD6,749.74.9633,467.3
NARAYANA HRUDAYALAYA LTD4,963.95.2225,892.5
ASTER DM HEALTHCARE LTD13,504.91.3518,292.2
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD2,440.36.6216,164.4
RAINBOW CHILDRENS MEDICARE LTD1,272.810.5013,367.3
METROPOLIS HEALTHCARE LTD1,159.37.829,060.1
JUPITER LIFE LINE HOSPITALS LTD1,007.48.018,071.2

Hospital & Healthcare Services Industry Benchmark (Top 10) PS Analysis vs DR LAL PATHLABS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.35x
Max industry PS 15.01x
Median industry PS 7.82x
Average industry PS 7.79x



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