FORTIS HEALTHCARE
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The Current P/E Ratio of FORTIS HEALTHCARE is 68.56.
Share Price | ₹627.3 | Feb 01,2025 |
Market Cap | ₹47,361.2 Cr | |
Earnings-TTM | ₹690.8 Cr | TTM-Consolidated Results |
Price/Earnings | 68.56x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of FORTIS HEALTHCARE
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹47,361.2 Cr] as on Feb 01,2025
(/) Earnings [ ₹690.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 68.56x ]
Thus, for FORTIS HEALTHCARE , the investors are currently willing to pay 68.56 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 FORTIS 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 FORTIS HEALTHCARE over the last five years.
Historical PE (Price/Earnings) ratio chart of FORTIS HEALTHCARE
PE Ratio Performance Analysis for FORTIS HEALTHCARE
- FORTIS HEALTHCARE 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 58.00x.
- FORTIS HEALTHCARE 's operated at median p/e ratio of 39.49x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, FORTIS HEALTHCARE 's p/e ratio peaked in Mar2020 at 164.25x.
- FORTIS HEALTHCARE 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does FORTIS 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 |
---|---|---|---|
FORTIS HEALTHCARE | 690.76 | 68.56 | 47,361.2 |
APOLLO HOSPITALS ENTERPRISE LTD | 1,196.80 | 82.16 | 98,330.7 |
MAX HEALTHCARE INSTITUTE LTD | 1,008.42 | 106.72 | 107,616.0 |
GLOBAL HEALTH LTD | 487.97 | 59.00 | 28,792.6 |
NARAYANA HRUDAYALAYA LTD | 779.18 | 35.45 | 27,621.4 |
ASTER DM HEALTHCARE LTD | 304.66 | 78.10 | 23,794.3 |
DR LAL PATHLABS LTD | 422.50 | 56.59 | 23,911.1 |
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD | 364.19 | 67.55 | 24,602.5 |
RAINBOW CHILDRENS MEDICARE LTD | 232.37 | 62.18 | 14,449.8 |
METROPOLIS HEALTHCARE LTD | 148.62 | 61.42 | 9,127.8 |
JUPITER LIFE LINE HOSPITALS LTD | 185.05 | 56.79 | 10,509.2 |
Hospital & Healthcare Services Industry Benchmark (Top 10) PE Analysis vs FORTIS HEALTHCARE 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 35.45x |
Max industry PE | 106.72x |
Median industry PE | 62.18x |
Average industry PE | 66.78x |
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