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DR LAL PATHLABS
PE (Price/Earnings) Ratio

The Current P/E Ratio of DR LAL PATHLABS is 62.87.

Share Price ₹3,057.8Nov 22,2024
Market Cap ₹25,562.8 Cr
Earnings-TTM₹406.6 CrTTM-Consolidated Results
Price/Earnings62.87xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of DR LAL PATHLABS

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of DR LAL PATHLABS is calculated as :

Current Market Cap [ ₹25,562.8 Cr] as on Nov 22,2024

(/) Earnings [ ₹406.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 62.87x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for DR LAL PATHLABS , the investors are currently willing to pay 62.87 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 DR LAL PATHLABS !

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 DR LAL PATHLABS over the last five years.

Historical PE (Price/Earnings) ratio chart of DR LAL PATHLABS


PE Ratio Performance Analysis for DR LAL PATHLABS

- DR LAL PATHLABS 's latest p/e ratio is 62.87x.

- DR LAL PATHLABS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 61.74x.

- DR LAL PATHLABS 's operated at median p/e ratio of 63.02x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, DR LAL PATHLABS 's p/e ratio peaked in Mar2021 at 77.38x.

- DR LAL PATHLABS 's p/e ratio hit its five-year low in Mar2020 of 51.69x.


How does DR LAL PATHLABS 's P/E Ratio benchmark against top 10 peers in Hospital & Healthcare Services Industry?

Peer Comparison (Hospital & Healthcare Services Industry)Earnings-TTM (Cr)PE RatioMarket Cap
DR LAL PATHLABS 406.6062.8725,562.8
APOLLO HOSPITALS ENTERPRISE LTD1,196.8083.2999,676.6
MAX HEALTHCARE INSTITUTE LTD1,058.9691.7897,193.8
GLOBAL HEALTH LTD487.9761.3129,916.2
FORTIS HEALTHCARE LTD690.7675.0651,850.5
NARAYANA HRUDAYALAYA LTD779.1833.3625,991.6
ASTER DM HEALTHCARE LTD454.3547.5321,596.4
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD364.1965.4123,820.3
RAINBOW CHILDRENS MEDICARE LTD232.3769.2916,100.0
METROPOLIS HEALTHCARE LTD148.6271.1310,571.8
JUPITER LIFE LINE HOSPITALS LTD185.0554.0610,003.4

Hospital & Healthcare Services Industry Benchmark (Top 10) PE Analysis vs DR LAL PATHLABS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 33.36x
Max industry PE 91.78x
Median industry PE 65.41x
Average industry PE 65.01x



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