RAINBOW CHILDRENS MEDICARE
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The Current P/B Ratio of RAINBOW CHILDRENS MEDICARE is 11.40.
Share Price | ₹1,401.5 | Jan 29,2025 |
Market Cap | ₹14,238.7 Cr | |
Book Value | ₹1,249.3 Cr | Mar2024 - Consolidated Results |
Price/Book | 11.40x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of RAINBOW CHILDRENS MEDICARE
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹14,238.7 Cr] as on Jan 29,2025
(/) Book Value [ ₹1,249.3 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 11.40x ]
Thus, for RAINBOW CHILDRENS MEDICARE , the investors are currently willing to pay '11.40 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 RAINBOW CHILDRENS MEDICARE !
The chart below summarizes the trend in P/B Ratio of RAINBOW CHILDRENS MEDICARE over the last five years.
Historical PB (Price/Book ) ratio chart of RAINBOW CHILDRENS MEDICARE
PB Ratio Performance Analysis for RAINBOW CHILDRENS MEDICARE
- RAINBOW CHILDRENS MEDICARE 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.51x.
- RAINBOW CHILDRENS MEDICARE '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, RAINBOW CHILDRENS MEDICARE 's p/b ratio peaked in Mar2024 at 10.55x.
- RAINBOW CHILDRENS MEDICARE 's p/b ratio hit its five-year low in Mar2022 of 0x.
How does RAINBOW CHILDRENS MEDICARE '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 |
---|---|---|---|
RAINBOW CHILDRENS MEDICARE | 1,249.27 | 11.40 | 14,238.7 |
APOLLO HOSPITALS ENTERPRISE LTD | 6,763.00 | 14.41 | 97,462.3 |
MAX HEALTHCARE INSTITUTE LTD | 8,340.66 | 11.96 | 99,731.0 |
GLOBAL HEALTH LTD | 2,901.24 | 9.62 | 27,908.9 |
FORTIS HEALTHCARE LTD | 7,661.15 | 6.19 | 47,430.2 |
NARAYANA HRUDAYALAYA LTD | 2,883.53 | 9.26 | 26,687.5 |
ASTER DM HEALTHCARE LTD | 4,551.68 | 5.24 | 23,861.7 |
DR LAL PATHLABS LTD | 1,798.13 | 12.83 | 23,071.1 |
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD | 1,828.36 | 13.31 | 24,328.4 |
METROPOLIS HEALTHCARE LTD | 1,088.43 | 8.44 | 9,185.7 |
JUPITER LIFE LINE HOSPITALS LTD | 1,169.04 | 8.78 | 10,268.0 |
Hospital & Healthcare Services Industry Benchmark (Top 10) PB Analysis vs RAINBOW CHILDRENS MEDICARE 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 5.24x |
Max industry PB | 14.41x |
Median industry PB | 9.62x |
Average industry PB | 10.13x |
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