ASTER DM HEALTHCARE
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The Current P/E Ratio of ASTER DM HEALTHCARE is 46.89.
Share Price | ₹426.6 | Nov 21,2024 |
Market Cap | ₹21,306.2 Cr | |
Earnings-TTM | ₹454.4 Cr | TTM-Consolidated Results |
Price/Earnings | 46.89x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ASTER DM HEALTHCARE
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹21,306.2 Cr] as on Nov 21,2024
(/) Earnings [ ₹454.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 46.89x ]
Thus, for ASTER DM HEALTHCARE , the investors are currently willing to pay 46.89 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 ASTER DM HEALTHCARE !
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 ASTER DM HEALTHCARE over the last five years.
Historical PE (Price/Earnings) ratio chart of ASTER DM HEALTHCARE
PE Ratio Performance Analysis for ASTER DM HEALTHCARE
- ASTER DM HEALTHCARE 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 53.70x.
- ASTER DM HEALTHCARE 's operated at median p/e ratio of 28.39x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ASTER DM HEALTHCARE 's p/e ratio peaked in Mar2024 at 158.09x.
- ASTER DM HEALTHCARE 's p/e ratio hit its five-year low in Mar2020 of 17.14x.
How does ASTER DM HEALTHCARE '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 |
---|---|---|---|
ASTER DM HEALTHCARE | 454.35 | 46.89 | 21,306.2 |
APOLLO HOSPITALS ENTERPRISE LTD | 1,196.80 | 81.02 | 96,963.3 |
MAX HEALTHCARE INSTITUTE LTD | 1,058.96 | 90.85 | 96,207.0 |
GLOBAL HEALTH LTD | 487.97 | 59.02 | 28,800.4 |
FORTIS HEALTHCARE LTD | 690.76 | 74.38 | 51,378.7 |
NARAYANA HRUDAYALAYA LTD | 779.18 | 33.02 | 25,729.0 |
DR LAL PATHLABS LTD | 406.60 | 62.25 | 25,309.9 |
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD | 364.19 | 64.25 | 23,398.1 |
RAINBOW CHILDRENS MEDICARE LTD | 232.37 | 68.73 | 15,972.0 |
METROPOLIS HEALTHCARE LTD | 148.62 | 69.55 | 10,336.5 |
JUPITER LIFE LINE HOSPITALS LTD | 185.05 | 54.61 | 10,104.7 |
Hospital & Healthcare Services Industry Benchmark (Top 10) PE Analysis vs ASTER DM HEALTHCARE 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 33.02x |
Max industry PE | 90.85x |
Median industry PE | 64.25x |
Average industry PE | 64.05x |
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