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LOTUS EYE HOSPITAL AND INSTITUTE
PB (Price/Book ) Ratio

The Current P/B Ratio of LOTUS EYE HOSPITAL AND INSTITUTE is 2.41.

Share Price ₹69.0Jan 14,2025
Market Cap ₹143.5 Cr
Book Value₹59.4 CrMar2024 - Standalone Results
Price/Book 2.41xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of LOTUS EYE HOSPITAL AND INSTITUTE

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 LOTUS EYE HOSPITAL AND INSTITUTE is calculated as :

Current Market Cap [ ₹143.5 Cr] as on Jan 14,2025

(/) Book Value [ ₹59.4 Cr] based on Mar2024 - Standalone Results

(=) P/B Ratio [ 2.41x ]

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

Thus, for LOTUS EYE HOSPITAL AND INSTITUTE , the investors are currently willing to pay '2.41 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 LOTUS EYE HOSPITAL AND INSTITUTE !

The chart below summarizes the trend in P/B Ratio of LOTUS EYE HOSPITAL AND INSTITUTE over the last five years.

Historical PB (Price/Book ) ratio chart of LOTUS EYE HOSPITAL AND INSTITUTE


PB Ratio Performance Analysis for LOTUS EYE HOSPITAL AND INSTITUTE

- LOTUS EYE HOSPITAL AND INSTITUTE 's latest p/b ratio is 2.41x.

- LOTUS EYE HOSPITAL AND INSTITUTE 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.74x.

- LOTUS EYE HOSPITAL AND INSTITUTE 's operated at median p/b ratio of 1.98x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, LOTUS EYE HOSPITAL AND INSTITUTE 's p/b ratio peaked in Mar2023 at 2.1x.

- LOTUS EYE HOSPITAL AND INSTITUTE 's p/b ratio hit its five-year low in Mar2020 of 0.95x.


How does LOTUS EYE HOSPITAL AND INSTITUTE 's P/B Ratio benchmark against top 10 peers in Hospital & Healthcare Services Industry?

Peer Comparison (Hospital & Healthcare Services Industry)Book ValuePB RatioMarket Cap
LOTUS EYE HOSPITAL AND INSTITUTE 59.412.41143.5
APOLLO HOSPITALS ENTERPRISE LTD6,763.0014.2596,403.3
MAX HEALTHCARE INSTITUTE LTD8,340.6612.67105,656.0
GLOBAL HEALTH LTD2,901.249.5527,712.8
FORTIS HEALTHCARE LTD7,661.156.5450,102.8
NARAYANA HRUDAYALAYA LTD2,883.539.1526,394.2
ASTER DM HEALTHCARE LTD4,551.685.4924,983.2
DR LAL PATHLABS LTD1,798.1313.0523,468.1
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD1,828.3613.5524,766.6
RAINBOW CHILDRENS MEDICARE LTD1,249.2711.8814,844.8
METROPOLIS HEALTHCARE LTD1,088.438.839,610.3

Hospital & Healthcare Services Industry Benchmark (Top 10) PB Analysis vs LOTUS EYE HOSPITAL AND INSTITUTE 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 2.41x
Max industry PB 14.25x
Median industry PB 9.55x
Average industry PB 9.76x



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