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FORTIS MALAR HOSPITALS
PB (Price/Book ) Ratio

The Current P/B Ratio of FORTIS MALAR HOSPITALS is 1.46.

Share Price ₹85.6Apr 16,2025
Market Cap ₹160.1 Cr
Book Value₹109.5 CrMar2024 - Consolidated Results
Price/Book 1.46xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of FORTIS MALAR HOSPITALS

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 FORTIS MALAR HOSPITALS is calculated as :

Current Market Cap [ ₹160.1 Cr] as on Apr 16,2025

(/) Book Value [ ₹109.5 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 1.46x ]

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

Thus, for FORTIS MALAR HOSPITALS , the investors are currently willing to pay '1.46 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 FORTIS MALAR HOSPITALS !

The chart below summarizes the trend in P/B Ratio of FORTIS MALAR HOSPITALS over the last five years.

Historical PB (Price/Book ) ratio chart of FORTIS MALAR HOSPITALS


PB Ratio Performance Analysis for FORTIS MALAR HOSPITALS

- FORTIS MALAR HOSPITALS 's latest p/b ratio is 1.46x.

- FORTIS MALAR HOSPITALS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.11x.

- FORTIS MALAR HOSPITALS 's operated at median p/b ratio of 1.17x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, FORTIS MALAR HOSPITALS 's p/b ratio peaked in Mar2023 at 1.39x.

- FORTIS MALAR HOSPITALS 's p/b ratio hit its five-year low in Mar2024 of 0.8x.


How does FORTIS MALAR HOSPITALS 's P/B Ratio benchmark against top 10 peers in Hospital & Healthcare Services Industry?

Peer Comparison (Hospital & Healthcare Services Industry)Book ValuePB RatioMarket Cap
FORTIS MALAR HOSPITALS 109.471.46160.1
MAX HEALTHCARE INSTITUTE LTD8,340.6612.55104,700.0
APOLLO HOSPITALS ENTERPRISE LTD6,763.0014.89100,681.0
FORTIS HEALTHCARE LTD7,661.156.4049,030.8
GLOBAL HEALTH LTD2,901.2412.0234,862.6
NARAYANA HRUDAYALAYA LTD2,883.5312.7136,643.9
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD1,828.3614.1125,801.0
DR LAL PATHLABS LTD1,798.1312.8823,164.1
ASTER DM HEALTHCARE LTD4,551.685.4924,993.1
RAINBOW CHILDRENS MEDICARE LTD1,249.2712.2915,354.6
JUPITER LIFE LINE HOSPITALS LTD1,169.048.049,401.8

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

Top 10 Industry PeersPB Ratio
Min industry PB 1.46x
Max industry PB 14.89x
Median industry PB 12.29x
Average industry PB 10.26x



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