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FORTIS MALAR HOSPITALS
PE (Price/Earnings) Ratio

The Current P/E Ratio of FORTIS MALAR HOSPITALS is 2.96.

Share Price ₹85.6Apr 16,2025
Market Cap ₹160.1 Cr
Earnings-TTM₹54.1 CrTTM-Consolidated Results
Price/Earnings2.96xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of FORTIS MALAR HOSPITALS

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 FORTIS MALAR HOSPITALS is calculated as :

Current Market Cap [ ₹160.1 Cr] as on Apr 16,2025

(/) Earnings [ ₹54.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 2.96x ]

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

Thus, for FORTIS MALAR HOSPITALS , the investors are currently willing to pay 2.96 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 MALAR HOSPITALS !

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 MALAR HOSPITALS over the last five years.

Historical PE (Price/Earnings) ratio chart of FORTIS MALAR HOSPITALS


PE Ratio Performance Analysis for FORTIS MALAR HOSPITALS

- FORTIS MALAR HOSPITALS 's latest p/e ratio is 2.96x.

- FORTIS MALAR HOSPITALS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.39x.

- FORTIS MALAR HOSPITALS 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, FORTIS MALAR HOSPITALS 's p/e ratio peaked in Mar2024 at 1.93x.

- FORTIS MALAR HOSPITALS 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does FORTIS MALAR HOSPITALS '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
FORTIS MALAR HOSPITALS 54.082.96160.1
MAX HEALTHCARE INSTITUTE LTD1,008.42103.83104,700.0
APOLLO HOSPITALS ENTERPRISE LTD1,317.9076.40100,681.0
FORTIS HEALTHCARE LTD813.3060.2949,030.8
GLOBAL HEALTH LTD507.2968.7234,862.6
NARAYANA HRUDAYALAYA LTD784.1346.7336,643.9
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD380.0267.8925,801.0
DR LAL PATHLABS LTD422.5054.8323,164.1
ASTER DM HEALTHCARE LTD304.6682.0424,993.1
RAINBOW CHILDRENS MEDICARE LTD238.7464.3215,354.6
JUPITER LIFE LINE HOSPITALS LTD193.8948.499,401.8

Hospital & Healthcare Services Industry Benchmark (Top 10) PE Analysis vs FORTIS MALAR HOSPITALS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 2.96x
Max industry PE 103.83x
Median industry PE 64.32x
Average industry PE 61.50x



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