APOLLO HOSPITALS ENTERPRISE
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The Current P/B Ratio of APOLLO HOSPITALS ENTERPRISE is 14.34.
Share Price | ₹6,743.7 | Nov 21,2024 |
Market Cap | ₹96,973.7 Cr | |
Book Value | ₹6,763.0 Cr | Mar2024 - Consolidated Results |
Price/Book | 14.34x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of APOLLO HOSPITALS ENTERPRISE
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹96,973.7 Cr] as on Nov 21,2024
(/) Book Value [ ₹6,763.0 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 14.34x ]
Thus, for APOLLO HOSPITALS ENTERPRISE , the investors are currently willing to pay '14.34 times book value' to own 1 share of the company.
PB Multiples are one of the most widely used valuation multiple in industry.
Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.
In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of APOLLO HOSPITALS ENTERPRISE !
The chart below summarizes the trend in P/B Ratio of APOLLO HOSPITALS ENTERPRISE over the last five years.
Historical PB (Price/Book ) ratio chart of APOLLO HOSPITALS ENTERPRISE
PB Ratio Performance Analysis for APOLLO HOSPITALS ENTERPRISE
- APOLLO HOSPITALS ENTERPRISE 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 9.82x.
- APOLLO HOSPITALS ENTERPRISE 's operated at median p/b ratio of 10.15x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, APOLLO HOSPITALS ENTERPRISE 's p/b ratio peaked in Mar2024 at 13.52x.
- APOLLO HOSPITALS ENTERPRISE 's p/b ratio hit its five-year low in Mar2020 of 4.76x.
How does APOLLO HOSPITALS ENTERPRISE 's P/B Ratio benchmark against top 10 peers in Hospital & Healthcare Services Industry?
Peer Comparison (Hospital & Healthcare Services Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
APOLLO HOSPITALS ENTERPRISE | 6,763.00 | 14.34 | 96,973.7 |
MAX HEALTHCARE INSTITUTE LTD | 8,340.66 | 11.53 | 96,207.0 |
GLOBAL HEALTH LTD | 2,901.24 | 9.93 | 28,800.4 |
FORTIS HEALTHCARE LTD | 7,661.15 | 6.71 | 51,378.7 |
NARAYANA HRUDAYALAYA LTD | 2,883.53 | 8.92 | 25,729.0 |
ASTER DM HEALTHCARE LTD | 4,551.68 | 4.68 | 21,306.7 |
DR LAL PATHLABS LTD | 1,798.13 | 14.08 | 25,309.9 |
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD | 1,828.36 | 12.80 | 23,398.1 |
RAINBOW CHILDRENS MEDICARE LTD | 1,249.27 | 12.79 | 15,972.0 |
METROPOLIS HEALTHCARE LTD | 1,088.43 | 9.50 | 10,336.5 |
JUPITER LIFE LINE HOSPITALS LTD | 1,169.04 | 8.64 | 10,104.7 |
Hospital & Healthcare Services Industry Benchmark (Top 10) PB Analysis vs APOLLO HOSPITALS ENTERPRISE 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 4.68x |
Max industry PB | 14.34x |
Median industry PB | 9.93x |
Average industry PB | 10.36x |
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