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KRISHNA INSTITUTE OF MEDICAL SCIENCES
PE (Price/Earnings) Ratio

The Current P/E Ratio of KRISHNA INSTITUTE OF MEDICAL SCIENCES is 62.28.

Share Price ₹567.0Nov 19,2024
Market Cap ₹22,683.7 Cr
Earnings-TTM₹364.2 CrTTM-Consolidated Results
Price/Earnings62.28xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of KRISHNA INSTITUTE OF MEDICAL SCIENCES

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 KRISHNA INSTITUTE OF MEDICAL SCIENCES is calculated as :

Current Market Cap [ ₹22,683.7 Cr] as on Nov 19,2024

(/) Earnings [ ₹364.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 62.28x ]

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

Thus, for KRISHNA INSTITUTE OF MEDICAL SCIENCES , the investors are currently willing to pay 62.28 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 KRISHNA INSTITUTE OF MEDICAL SCIENCES !

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 KRISHNA INSTITUTE OF MEDICAL SCIENCES over the last five years.

Historical PE (Price/Earnings) ratio chart of KRISHNA INSTITUTE OF MEDICAL SCIENCES


PE Ratio Performance Analysis for KRISHNA INSTITUTE OF MEDICAL SCIENCES

- KRISHNA INSTITUTE OF MEDICAL SCIENCES 's latest p/e ratio is 62.28x.

- KRISHNA INSTITUTE OF MEDICAL SCIENCES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 23.95x.

- KRISHNA INSTITUTE OF MEDICAL SCIENCES 's operated at median p/e ratio of 33.19x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, KRISHNA INSTITUTE OF MEDICAL SCIENCES 's p/e ratio peaked in Mar2024 at 53.11x.

- KRISHNA INSTITUTE OF MEDICAL SCIENCES 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does KRISHNA INSTITUTE OF MEDICAL SCIENCES '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
KRISHNA INSTITUTE OF MEDICAL SCIENCES 364.1962.2822,683.7
APOLLO HOSPITALS ENTERPRISE LTD1,196.8080.2796,071.2
MAX HEALTHCARE INSTITUTE LTD1,058.9691.5396,931.3
GLOBAL HEALTH LTD487.9759.7929,175.0
FORTIS HEALTHCARE LTD690.7671.8849,653.6
NARAYANA HRUDAYALAYA LTD779.1833.1125,797.5
ASTER DM HEALTHCARE LTD454.3547.6621,653.9
DR LAL PATHLABS LTD406.6062.5125,415.6
RAINBOW CHILDRENS MEDICARE LTD232.3768.9216,014.7
METROPOLIS HEALTHCARE LTD148.6269.5810,340.4
JUPITER LIFE LINE HOSPITALS LTD185.0552.869,782.1

Hospital & Healthcare Services Industry Benchmark (Top 10) PE Analysis vs KRISHNA INSTITUTE OF MEDICAL SCIENCES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 33.11x
Max industry PE 91.53x
Median industry PE 62.51x
Average industry PE 63.67x



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