Home > PE Ratio > METROPOLIS HEALTHCARE

METROPOLIS HEALTHCARE
PE (Price/Earnings) Ratio

The Current P/E Ratio of METROPOLIS HEALTHCARE is 69.62.

Share Price ₹2,017.0Nov 19,2024
Market Cap ₹10,347.0 Cr
Earnings-TTM₹148.6 CrTTM-Consolidated Results
Price/Earnings69.62xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for METROPOLIS HEALTHCARE
Please provide your vote to see the results
METROPOLIS HEALTHCARE is part of below Screeners ↓
Top Small Cap Stocks with Best Fundamentals
Best Quarterly Growth Small Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of METROPOLIS HEALTHCARE

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 METROPOLIS HEALTHCARE is calculated as :

Current Market Cap [ ₹10,347.0 Cr] as on Nov 19,2024

(/) Earnings [ ₹148.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 69.62x ]

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

Thus, for METROPOLIS HEALTHCARE , the investors are currently willing to pay 69.62 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 METROPOLIS HEALTHCARE !

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 METROPOLIS HEALTHCARE over the last five years.

Historical PE (Price/Earnings) ratio chart of METROPOLIS HEALTHCARE


PE Ratio Performance Analysis for METROPOLIS HEALTHCARE

- METROPOLIS HEALTHCARE 's latest p/e ratio is 69.62x.

- METROPOLIS HEALTHCARE 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 55.27x.

- METROPOLIS HEALTHCARE 's operated at median p/e ratio of 51.15x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, METROPOLIS HEALTHCARE 's p/e ratio peaked in Mar2024 at 69.19x.

- METROPOLIS HEALTHCARE 's p/e ratio hit its five-year low in Mar2023 of 44.76x.


How does METROPOLIS HEALTHCARE '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
METROPOLIS HEALTHCARE 148.6269.6210,347.0
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
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD364.1962.2922,685.9
RAINBOW CHILDRENS MEDICARE LTD232.3768.9216,014.7
JUPITER LIFE LINE HOSPITALS LTD185.0552.869,782.1

Hospital & Healthcare Services Industry Benchmark (Top 10) PE Analysis vs METROPOLIS HEALTHCARE '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 63.68x



You may also like the below Video Courses