JUPITER LIFE LINE HOSPITALS
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The Current P/B Ratio of JUPITER LIFE LINE HOSPITALS is 8.37.
Share Price | ₹1,492.0 | Nov 19,2024 |
Market Cap | ₹9,787.2 Cr | |
Book Value | ₹1,169.0 Cr | Mar2024 - Consolidated Results |
Price/Book | 8.37x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of JUPITER LIFE LINE HOSPITALS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹9,787.2 Cr] as on Nov 19,2024
(/) Book Value [ ₹1,169.0 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 8.37x ]
Thus, for JUPITER LIFE LINE HOSPITALS , the investors are currently willing to pay '8.37 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 JUPITER LIFE LINE HOSPITALS !
The chart below summarizes the trend in P/B Ratio of JUPITER LIFE LINE HOSPITALS over the last five years.
Historical PB (Price/Book ) ratio chart of JUPITER LIFE LINE HOSPITALS
PB Ratio Performance Analysis for JUPITER LIFE LINE HOSPITALS
- JUPITER LIFE LINE HOSPITALS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.34x.
- JUPITER LIFE LINE HOSPITALS 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, JUPITER LIFE LINE HOSPITALS 's p/b ratio peaked in Mar2024 at 6.72x.
- JUPITER LIFE LINE HOSPITALS 's p/b ratio hit its five-year low in Mar2023 of 0x.
How does JUPITER LIFE LINE HOSPITALS '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 |
---|---|---|---|
JUPITER LIFE LINE HOSPITALS | 1,169.04 | 8.37 | 9,787.2 |
APOLLO HOSPITALS ENTERPRISE LTD | 6,763.00 | 14.34 | 96,963.3 |
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 |
Hospital & Healthcare Services Industry Benchmark (Top 10) PB Analysis vs JUPITER LIFE LINE HOSPITALS '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 | 10.33x |
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