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INDRAPRASTHA MEDICAL CORPORATION
PE (Price/Earnings) Ratio

The Current P/E Ratio of INDRAPRASTHA MEDICAL CORPORATION is 26.85.

Share Price ₹432.8Nov 12,2024
Market Cap ₹3,968.3 Cr
Earnings-TTM₹147.8 CrTTM-Standalone Results
Price/Earnings26.85xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of INDRAPRASTHA MEDICAL CORPORATION

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 INDRAPRASTHA MEDICAL CORPORATION is calculated as :

Current Market Cap [ ₹3,968.3 Cr] as on Nov 12,2024

(/) Earnings [ ₹147.8 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 26.85x ]

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

Thus, for INDRAPRASTHA MEDICAL CORPORATION , the investors are currently willing to pay 26.85 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 INDRAPRASTHA MEDICAL CORPORATION !

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 INDRAPRASTHA MEDICAL CORPORATION over the last five years.

Historical PE (Price/Earnings) ratio chart of INDRAPRASTHA MEDICAL CORPORATION


PE Ratio Performance Analysis for INDRAPRASTHA MEDICAL CORPORATION

- INDRAPRASTHA MEDICAL CORPORATION 's latest p/e ratio is 26.85x.

- INDRAPRASTHA MEDICAL CORPORATION 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 49.74x.

- INDRAPRASTHA MEDICAL CORPORATION 's operated at median p/e ratio of 9.14x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, INDRAPRASTHA MEDICAL CORPORATION 's p/e ratio peaked in Mar2021 at 211.45x.

- INDRAPRASTHA MEDICAL CORPORATION 's p/e ratio hit its five-year low in Mar2020 of 7.13x.


How does INDRAPRASTHA MEDICAL CORPORATION '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
INDRAPRASTHA MEDICAL CORPORATION 147.7826.853,968.3
APOLLO HOSPITALS ENTERPRISE LTD1,196.8084.32100,916.0
MAX HEALTHCARE INSTITUTE LTD1,058.9694.72100,300.0
GLOBAL HEALTH LTD482.3159.0628,486.2
FORTIS HEALTHCARE LTD690.7670.3648,604.2
NARAYANA HRUDAYALAYA LTD779.1833.6326,200.1
ASTER DM HEALTHCARE LTD454.3548.1521,876.2
DR LAL PATHLABS LTD406.6062.2325,304.4
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD364.1961.1422,267.7
RAINBOW CHILDRENS MEDICARE LTD232.3770.9616,487.9
METROPOLIS HEALTHCARE LTD148.6274.9711,141.9

Hospital & Healthcare Services Industry Benchmark (Top 10) PE Analysis vs INDRAPRASTHA MEDICAL CORPORATION 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 26.85x
Max industry PE 94.72x
Median industry PE 62.23x
Average industry PE 62.40x



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