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JUPITER LIFE LINE HOSPITALS
PB (Price/Book ) Ratio

The Current P/B Ratio of JUPITER LIFE LINE HOSPITALS is 8.37.

Share Price ₹1,492.0Nov 19,2024
Market Cap ₹9,787.2 Cr
Book Value₹1,169.0 CrMar2024 - Consolidated Results
Price/Book 8.37xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of JUPITER LIFE LINE 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 JUPITER LIFE LINE HOSPITALS is calculated as :

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 ]

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

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 latest p/b ratio is 8.37x.

- 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 ValuePB RatioMarket Cap
JUPITER LIFE LINE HOSPITALS 1,169.048.379,787.2
APOLLO HOSPITALS ENTERPRISE LTD6,763.0014.3496,963.3
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

Hospital & Healthcare Services Industry Benchmark (Top 10) PB Analysis vs JUPITER LIFE LINE HOSPITALS '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 10.33x



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