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GLOBAL HEALTH
PE (Price/Earnings) Ratio

The Current P/E Ratio of GLOBAL HEALTH is 59.99.

Share Price ₹1,077.7Oct 17,2024
Market Cap ₹28,936.2 Cr
Earnings-TTM₹482.3 CrTTM-Consolidated Results
Price/Earnings59.99xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of GLOBAL HEALTH

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 GLOBAL HEALTH is calculated as :

Current Market Cap [ ₹28,936.2 Cr] as on Oct 17,2024

(/) Earnings [ ₹482.3 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 59.99x ]

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

Thus, for GLOBAL HEALTH , the investors are currently willing to pay 59.99 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 GLOBAL HEALTH !

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 GLOBAL HEALTH over the last five years.

Historical PE (Price/Earnings) ratio chart of GLOBAL HEALTH


PE Ratio Performance Analysis for GLOBAL HEALTH

- GLOBAL HEALTH 's latest p/e ratio is 59.99x.

- GLOBAL HEALTH 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 23.52x.

- GLOBAL HEALTH '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, GLOBAL HEALTH 's p/e ratio peaked in Mar2024 at 74.33x.

- GLOBAL HEALTH 's p/e ratio hit its five-year low in Mar2022 of 0x.


How does GLOBAL HEALTH '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
GLOBAL HEALTH 482.3159.9928,936.2
APOLLO HOSPITALS ENTERPRISE LTD1,053.5095.32100,418.0
MAX HEALTHCARE INSTITUTE LTD1,053.8386.4991,142.2
FORTIS HEALTHCARE LTD684.5366.5945,580.6
NARAYANA HRUDAYALAYA LTD807.0732.4726,207.2
ASTER DM HEALTHCARE LTD337.9662.0820,979.6
DR LAL PATHLABS LTD386.5071.7427,728.3
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD344.8163.0021,723.5
RAINBOW CHILDRENS MEDICARE LTD216.5368.0214,729.0
METROPOLIS HEALTHCARE LTD137.5981.5111,214.5
JUPITER LIFE LINE HOSPITALS LTD167.2253.068,872.1

Hospital & Healthcare Services Industry Benchmark (Top 10) PE Analysis vs GLOBAL HEALTH 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 32.47x
Max industry PE 95.32x
Median industry PE 66.59x
Average industry PE 67.30x



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