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APOLLO HOSPITALS ENTERPRISE
PB (Price/Book ) Ratio

The Current P/B Ratio of APOLLO HOSPITALS ENTERPRISE is 14.34.

Share Price ₹6,743.7Nov 21,2024
Market Cap ₹96,973.7 Cr
Book Value₹6,763.0 CrMar2024 - Consolidated Results
Price/Book 14.34xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of APOLLO HOSPITALS ENTERPRISE

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

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

Applying the above formula, P/B ratio of APOLLO HOSPITALS ENTERPRISE is calculated as :

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 ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

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 latest p/b ratio is 14.34x.

- 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 ValuePB RatioMarket Cap
APOLLO HOSPITALS ENTERPRISE 6,763.0014.3496,973.7
MAX HEALTHCARE INSTITUTE LTD8,340.6611.5396,207.0
GLOBAL HEALTH LTD2,901.249.9328,800.4
FORTIS HEALTHCARE LTD7,661.156.7151,378.7
NARAYANA HRUDAYALAYA LTD2,883.538.9225,729.0
ASTER DM HEALTHCARE LTD4,551.684.6821,306.7
DR LAL PATHLABS LTD1,798.1314.0825,309.9
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD1,828.3612.8023,398.1
RAINBOW CHILDRENS MEDICARE LTD1,249.2712.7915,972.0
METROPOLIS HEALTHCARE LTD1,088.439.5010,336.5
JUPITER LIFE LINE HOSPITALS LTD1,169.048.6410,104.7

Hospital & Healthcare Services Industry Benchmark (Top 10) PB Analysis vs APOLLO HOSPITALS ENTERPRISE 's P/B Ratio

Top 10 Industry PeersPB 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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