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FORTIS HEALTHCARE
PS (Price/Sales) Ratio

The Current P/S Ratio of FORTIS HEALTHCARE is 5.04.

Share Price ₹450.3Apr 24,2024
Market Cap ₹33,997.7 Cr
Sales-TTM₹6,749.7 CrTTM-Consolidated Results
Price/Sales5.04xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of FORTIS HEALTHCARE

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 FORTIS HEALTHCARE is calculated as :

Current Market Cap [ ₹33,997.7 Cr] as on Apr 24,2024

(/) Sales [ ₹6,749.7 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 5.04x ]

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

Thus, for FORTIS HEALTHCARE , the investors are currently willing to pay '5.04 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 FORTIS HEALTHCARE !

The chart below summarizes the trend in P/S Ratio of FORTIS HEALTHCARE over the last five years.

Historical PS (Price/Sales) ratio chart of FORTIS HEALTHCARE


PS Ratio Performance Analysis for FORTIS HEALTHCARE

- FORTIS HEALTHCARE 's latest p/e ratio is 5.04x.

- FORTIS HEALTHCARE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.00x.

- FORTIS HEALTHCARE 's operated at median p/e ratio of 3.12x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, FORTIS HEALTHCARE 's p/e ratio peaked in Mar2022 at 3.83x.

- FORTIS HEALTHCARE 's p/e ratio hit its five-year low in Mar2020 of 2.05x.


How does FORTIS HEALTHCARE '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)
FORTIS HEALTHCARE 6,749.75.0433,997.7
APOLLO HOSPITALS ENTERPRISE LTD18,417.54.8990,042.3
MAX HEALTHCARE INSTITUTE LTD5,197.615.2079,011.6
GLOBAL HEALTH LTD3,153.012.2838,724.1
NARAYANA HRUDAYALAYA LTD4,963.95.2025,809.8
ASTER DM HEALTHCARE LTD13,504.91.4219,143.8
DR LAL PATHLABS LTD2,172.28.9619,458.7
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD2,440.36.6516,236.8
RAINBOW CHILDRENS MEDICARE LTD1,272.810.8113,759.1
METROPOLIS HEALTHCARE LTD1,159.38.139,424.3
JUPITER LIFE LINE HOSPITALS LTD1,007.48.068,118.7

Hospital & Healthcare Services Industry Benchmark (Top 10) PS Analysis vs FORTIS HEALTHCARE 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.42x
Max industry PS 15.20x
Median industry PS 8.06x
Average industry PS 7.88x



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