ARTEMIS MEDICARE SERVICES
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The Current P/E Ratio of ARTEMIS MEDICARE SERVICES is 54.48.
Share Price | ₹291.3 | Feb 06,2025 |
Market Cap | ₹4,007.6 Cr | |
Earnings-TTM | ₹73.6 Cr | TTM-Consolidated Results |
Price/Earnings | 54.48x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ARTEMIS MEDICARE SERVICES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹4,007.6 Cr] as on Feb 06,2025
(/) Earnings [ ₹73.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 54.48x ]
Thus, for ARTEMIS MEDICARE SERVICES , the investors are currently willing to pay 54.48 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of ARTEMIS MEDICARE SERVICES !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of ARTEMIS MEDICARE SERVICES over the last five years.
Historical PE (Price/Earnings) ratio chart of ARTEMIS MEDICARE SERVICES
PE Ratio Performance Analysis for ARTEMIS MEDICARE SERVICES
- ARTEMIS MEDICARE SERVICES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 19.03x.
- ARTEMIS MEDICARE SERVICES 's operated at median p/e ratio of 19.1x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ARTEMIS MEDICARE SERVICES 's p/e ratio peaked in Mar2024 at 46.94x.
- ARTEMIS MEDICARE SERVICES 's p/e ratio hit its five-year low in Mar2020 of 0.92x.
How does ARTEMIS MEDICARE SERVICES 's P/E Ratio benchmark against top 10 peers in Hospital & Healthcare Services Industry?
Peer Comparison (Hospital & Healthcare Services Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ARTEMIS MEDICARE SERVICES | 73.56 | 54.48 | 4,007.6 |
APOLLO HOSPITALS ENTERPRISE LTD | 1,196.80 | 82.55 | 98,797.3 |
MAX HEALTHCARE INSTITUTE LTD | 1,008.42 | 108.48 | 109,395.0 |
GLOBAL HEALTH LTD | 507.29 | 61.87 | 31,387.1 |
FORTIS HEALTHCARE LTD | 690.76 | 71.16 | 49,151.6 |
NARAYANA HRUDAYALAYA LTD | 779.18 | 36.00 | 28,052.6 |
ASTER DM HEALTHCARE LTD | 304.66 | 78.72 | 23,981.6 |
DR LAL PATHLABS LTD | 422.50 | 55.42 | 23,416.7 |
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD | 380.02 | 68.87 | 26,171.1 |
RAINBOW CHILDRENS MEDICARE LTD | 232.37 | 60.22 | 13,992.8 |
METROPOLIS HEALTHCARE LTD | 152.81 | 62.11 | 9,490.3 |
Hospital & Healthcare Services Industry Benchmark (Top 10) PE Analysis vs ARTEMIS MEDICARE SERVICES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 36.00x |
Max industry PE | 108.48x |
Median industry PE | 62.11x |
Average industry PE | 67.26x |
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