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KOVAI MEDICAL CENTER & HOSPITAL
PS (Price/Sales) Ratio

The Current P/S Ratio of KOVAI MEDICAL CENTER & HOSPITAL is 3.73.

Share Price ₹3,990.7May 06,2024
Market Cap ₹4,349.8 Cr
Sales-TTM₹1,165.4 CrTTM-Standalone Results
Price/Sales3.73xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of KOVAI MEDICAL CENTER & HOSPITAL

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 KOVAI MEDICAL CENTER & HOSPITAL is calculated as :

Current Market Cap [ ₹4,349.8 Cr] as on May 06,2024

(/) Sales [ ₹1,165.4 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 3.73x ]

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

Thus, for KOVAI MEDICAL CENTER & HOSPITAL , the investors are currently willing to pay '3.73 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 KOVAI MEDICAL CENTER & HOSPITAL !

The chart below summarizes the trend in P/S Ratio of KOVAI MEDICAL CENTER & HOSPITAL over the last five years.

Historical PS (Price/Sales) ratio chart of KOVAI MEDICAL CENTER & HOSPITAL


PS Ratio Performance Analysis for KOVAI MEDICAL CENTER & HOSPITAL

- KOVAI MEDICAL CENTER & HOSPITAL 's latest p/e ratio is 3.73x.

- KOVAI MEDICAL CENTER & HOSPITAL 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.61x.

- KOVAI MEDICAL CENTER & HOSPITAL 's operated at median p/e ratio of 1.75x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, KOVAI MEDICAL CENTER & HOSPITAL 's p/e ratio peaked in Mar2023 at 1.98x.

- KOVAI MEDICAL CENTER & HOSPITAL 's p/e ratio hit its five-year low in Mar2020 of 1.05x.


How does KOVAI MEDICAL CENTER & HOSPITAL '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)
KOVAI MEDICAL CENTER & HOSPITAL 1,165.43.734,349.8
APOLLO HOSPITALS ENTERPRISE LTD18,417.54.7387,150.8
MAX HEALTHCARE INSTITUTE LTD5,197.615.5580,804.8
GLOBAL HEALTH LTD3,153.011.9437,644.7
FORTIS HEALTHCARE LTD6,749.75.1634,826.2
NARAYANA HRUDAYALAYA LTD4,963.95.2225,898.6
ASTER DM HEALTHCARE LTD13,504.91.2717,198.2
DR LAL PATHLABS LTD2,172.28.9919,532.6
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD2,440.36.7416,442.9
RAINBOW CHILDRENS MEDICARE LTD1,272.812.6216,064.2
METROPOLIS HEALTHCARE LTD1,159.37.999,259.4

Hospital & Healthcare Services Industry Benchmark (Top 10) PS Analysis vs KOVAI MEDICAL CENTER & HOSPITAL 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.27x
Max industry PS 15.55x
Median industry PS 6.74x
Average industry PS 7.63x



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