HEALTHCARE GLOBAL ENTERPRISES
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The Current P/S Ratio of HEALTHCARE GLOBAL ENTERPRISES is 2.73.
Share Price | ₹365.0 | May 07,2024 |
Market Cap | ₹5,083.8 Cr | |
Sales-TTM | ₹1,859.2 Cr | TTM-Consolidated Results |
Price/Sales | 2.73x | Calculated as Market Cap/Sales |
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Definition & Calculation of PS (Price/Sales) ratio of HEALTHCARE GLOBAL ENTERPRISES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹5,083.8 Cr] as on May 07,2024
(/) Sales [ ₹1,859.2 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 2.73x ]
Thus, for HEALTHCARE GLOBAL ENTERPRISES , the investors are currently willing to pay '2.73 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 HEALTHCARE GLOBAL ENTERPRISES !
The chart below summarizes the trend in P/S Ratio of HEALTHCARE GLOBAL ENTERPRISES over the last five years.
Historical PS (Price/Sales) ratio chart of HEALTHCARE GLOBAL ENTERPRISES
PS Ratio Performance Analysis for HEALTHCARE GLOBAL ENTERPRISES
- HEALTHCARE GLOBAL ENTERPRISES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.95x.
- HEALTHCARE GLOBAL ENTERPRISES 's operated at median p/e ratio of 2.16x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HEALTHCARE GLOBAL ENTERPRISES 's p/e ratio peaked in Mar2022 at 2.69x.
- HEALTHCARE GLOBAL ENTERPRISES 's p/e ratio hit its five-year low in Mar2020 of 0.61x.
How does HEALTHCARE GLOBAL ENTERPRISES 's P/S Ratio benchmark against top 10 peers in Hospital & Healthcare Services Industry?
Peer Comparison (Hospital & Healthcare Services Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
HEALTHCARE GLOBAL ENTERPRISES | 1,859.2 | 2.73 | 5,083.8 |
APOLLO HOSPITALS ENTERPRISE LTD | 18,417.5 | 4.61 | 84,815.0 |
MAX HEALTHCARE INSTITUTE LTD | 5,197.6 | 15.06 | 78,273.0 |
GLOBAL HEALTH LTD | 3,153.0 | 11.93 | 37,623.2 |
FORTIS HEALTHCARE LTD | 6,749.7 | 5.08 | 34,267.6 |
NARAYANA HRUDAYALAYA LTD | 4,963.9 | 5.27 | 26,145.9 |
ASTER DM HEALTHCARE LTD | 13,504.9 | 1.26 | 17,048.4 |
DR LAL PATHLABS LTD | 2,172.2 | 8.92 | 19,381.9 |
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD | 2,440.3 | 6.75 | 16,480.1 |
RAINBOW CHILDRENS MEDICARE LTD | 1,272.8 | 11.55 | 14,699.0 |
METROPOLIS HEALTHCARE LTD | 1,159.3 | 7.87 | 9,121.0 |
Hospital & Healthcare Services Industry Benchmark (Top 10) PS Analysis vs HEALTHCARE GLOBAL ENTERPRISES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.26x |
Max industry PS | 15.06x |
Median industry PS | 6.75x |
Average industry PS | 7.37x |
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