LOTUS EYE HOSPITAL AND INSTITUTE
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The Current P/B Ratio of LOTUS EYE HOSPITAL AND INSTITUTE is 2.41.
Share Price | ₹69.0 | Jan 14,2025 |
Market Cap | ₹143.5 Cr | |
Book Value | ₹59.4 Cr | Mar2024 - Standalone Results |
Price/Book | 2.41x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of LOTUS EYE HOSPITAL AND INSTITUTE
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
LOTUS EYE HOSPITAL AND INSTITUTE | 59.41 | 2.41 | 143.5 |
APOLLO HOSPITALS ENTERPRISE LTD | 6,763.00 | 14.25 | 96,403.3 |
MAX HEALTHCARE INSTITUTE LTD | 8,340.66 | 12.67 | 105,656.0 |
GLOBAL HEALTH LTD | 2,901.24 | 9.55 | 27,712.8 |
FORTIS HEALTHCARE LTD | 7,661.15 | 6.54 | 50,102.8 |
NARAYANA HRUDAYALAYA LTD | 2,883.53 | 9.15 | 26,394.2 |
ASTER DM HEALTHCARE LTD | 4,551.68 | 5.49 | 24,983.2 |
DR LAL PATHLABS LTD | 1,798.13 | 13.05 | 23,468.1 |
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD | 1,828.36 | 13.55 | 24,766.6 |
RAINBOW CHILDRENS MEDICARE LTD | 1,249.27 | 11.88 | 14,844.8 |
METROPOLIS HEALTHCARE LTD | 1,088.43 | 8.83 | 9,610.3 |
Hospital & Healthcare Services Industry Benchmark (Top 10) PB Analysis vs LOTUS EYE HOSPITAL AND INSTITUTE 's P/B Ratio
Top 10 Industry Peers | PB 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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