DR LAL PATHLABS
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The Current P/E Ratio of DR LAL PATHLABS is 62.87.
Share Price | ₹3,057.8 | Nov 22,2024 |
Market Cap | ₹25,562.8 Cr | |
Earnings-TTM | ₹406.6 Cr | TTM-Consolidated Results |
Price/Earnings | 62.87x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of DR LAL PATHLABS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
DR LAL PATHLABS | 406.60 | 62.87 | 25,562.8 |
APOLLO HOSPITALS ENTERPRISE LTD | 1,196.80 | 83.29 | 99,676.6 |
MAX HEALTHCARE INSTITUTE LTD | 1,058.96 | 91.78 | 97,193.8 |
GLOBAL HEALTH LTD | 487.97 | 61.31 | 29,916.2 |
FORTIS HEALTHCARE LTD | 690.76 | 75.06 | 51,850.5 |
NARAYANA HRUDAYALAYA LTD | 779.18 | 33.36 | 25,991.6 |
ASTER DM HEALTHCARE LTD | 454.35 | 47.53 | 21,596.4 |
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD | 364.19 | 65.41 | 23,820.3 |
RAINBOW CHILDRENS MEDICARE LTD | 232.37 | 69.29 | 16,100.0 |
METROPOLIS HEALTHCARE LTD | 148.62 | 71.13 | 10,571.8 |
JUPITER LIFE LINE HOSPITALS LTD | 185.05 | 54.06 | 10,003.4 |
Hospital & Healthcare Services Industry Benchmark (Top 10) PE Analysis vs DR LAL PATHLABS 's P/E Ratio
Top 10 Industry Peers | PE 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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