INDRAPRASTHA MEDICAL CORPORATION
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The Current P/E Ratio of INDRAPRASTHA MEDICAL CORPORATION is 26.85.
Share Price | ₹432.8 | Nov 12,2024 |
Market Cap | ₹3,968.3 Cr | |
Earnings-TTM | ₹147.8 Cr | TTM-Standalone Results |
Price/Earnings | 26.85x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of INDRAPRASTHA MEDICAL CORPORATION
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
INDRAPRASTHA MEDICAL CORPORATION | 147.78 | 26.85 | 3,968.3 |
APOLLO HOSPITALS ENTERPRISE LTD | 1,196.80 | 84.32 | 100,916.0 |
MAX HEALTHCARE INSTITUTE LTD | 1,058.96 | 94.72 | 100,300.0 |
GLOBAL HEALTH LTD | 482.31 | 59.06 | 28,486.2 |
FORTIS HEALTHCARE LTD | 690.76 | 70.36 | 48,604.2 |
NARAYANA HRUDAYALAYA LTD | 779.18 | 33.63 | 26,200.1 |
ASTER DM HEALTHCARE LTD | 454.35 | 48.15 | 21,876.2 |
DR LAL PATHLABS LTD | 406.60 | 62.23 | 25,304.4 |
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD | 364.19 | 61.14 | 22,267.7 |
RAINBOW CHILDRENS MEDICARE LTD | 232.37 | 70.96 | 16,487.9 |
METROPOLIS HEALTHCARE LTD | 148.62 | 74.97 | 11,141.9 |
Hospital & Healthcare Services Industry Benchmark (Top 10) PE Analysis vs INDRAPRASTHA MEDICAL CORPORATION 's P/E Ratio
Top 10 Industry Peers | PE 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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