INDRAPRASTHA MEDICAL CORPORATION
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The Current P/B Ratio of INDRAPRASTHA MEDICAL CORPORATION is 8.32.
Share Price | ₹433.5 | Nov 06,2024 |
Market Cap | ₹3,974.7 Cr | |
Book Value | ₹477.8 Cr | Mar2024 - Standalone Results |
Price/Book | 8.32x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of INDRAPRASTHA MEDICAL CORPORATION
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹3,974.7 Cr] as on Nov 06,2024
(/) Book Value [ ₹477.8 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 8.32x ]
Thus, for INDRAPRASTHA MEDICAL CORPORATION , the investors are currently willing to pay '8.32 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 INDRAPRASTHA MEDICAL CORPORATION !
The chart below summarizes the trend in P/B Ratio of INDRAPRASTHA MEDICAL CORPORATION over the last five years.
Historical PB (Price/Book ) ratio chart of INDRAPRASTHA MEDICAL CORPORATION
PB Ratio Performance Analysis for INDRAPRASTHA MEDICAL CORPORATION
- INDRAPRASTHA MEDICAL CORPORATION 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.96x.
- INDRAPRASTHA MEDICAL CORPORATION 's operated at median p/b ratio of 1.81x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INDRAPRASTHA MEDICAL CORPORATION 's p/b ratio peaked in Mar2024 at 3.3x.
- INDRAPRASTHA MEDICAL CORPORATION 's p/b ratio hit its five-year low in Mar2020 of 1.16x.
How does INDRAPRASTHA MEDICAL CORPORATION '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 |
---|---|---|---|
INDRAPRASTHA MEDICAL CORPORATION | 477.76 | 8.32 | 3,974.7 |
APOLLO HOSPITALS ENTERPRISE LTD | 6,763.00 | 14.82 | 100,216.0 |
MAX HEALTHCARE INSTITUTE LTD | 8,340.66 | 12.62 | 105,282.0 |
GLOBAL HEALTH LTD | 2,901.24 | 9.94 | 28,824.5 |
FORTIS HEALTHCARE LTD | 7,661.15 | 6.13 | 46,935.8 |
NARAYANA HRUDAYALAYA LTD | 2,883.53 | 8.85 | 25,525.7 |
ASTER DM HEALTHCARE LTD | 4,551.68 | 4.86 | 22,098.5 |
DR LAL PATHLABS LTD | 1,798.13 | 14.41 | 25,911.2 |
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD | 1,828.36 | 12.24 | 22,387.8 |
RAINBOW CHILDRENS MEDICARE LTD | 1,249.27 | 12.74 | 15,921.8 |
METROPOLIS HEALTHCARE LTD | 1,088.43 | 10.32 | 11,228.8 |
Hospital & Healthcare Services Industry Benchmark (Top 10) PB Analysis vs INDRAPRASTHA MEDICAL CORPORATION 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 4.86x |
Max industry PB | 14.82x |
Median industry PB | 10.32x |
Average industry PB | 10.48x |
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