METROPOLIS HEALTHCARE
|
The Current P/E Ratio of METROPOLIS HEALTHCARE is 69.62.
Share Price | ₹2,017.0 | Nov 19,2024 |
Market Cap | ₹10,347.0 Cr | |
Earnings-TTM | ₹148.6 Cr | TTM-Consolidated Results |
Price/Earnings | 69.62x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of METROPOLIS HEALTHCARE
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
METROPOLIS HEALTHCARE | 148.62 | 69.62 | 10,347.0 |
APOLLO HOSPITALS ENTERPRISE LTD | 1,196.80 | 80.27 | 96,071.2 |
MAX HEALTHCARE INSTITUTE LTD | 1,058.96 | 91.53 | 96,931.3 |
GLOBAL HEALTH LTD | 487.97 | 59.79 | 29,175.0 |
FORTIS HEALTHCARE LTD | 690.76 | 71.88 | 49,653.6 |
NARAYANA HRUDAYALAYA LTD | 779.18 | 33.11 | 25,797.5 |
ASTER DM HEALTHCARE LTD | 454.35 | 47.66 | 21,653.9 |
DR LAL PATHLABS LTD | 406.60 | 62.51 | 25,415.6 |
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD | 364.19 | 62.29 | 22,685.9 |
RAINBOW CHILDRENS MEDICARE LTD | 232.37 | 68.92 | 16,014.7 |
JUPITER LIFE LINE HOSPITALS LTD | 185.05 | 52.86 | 9,782.1 |
Hospital & Healthcare Services Industry Benchmark (Top 10) PE Analysis vs METROPOLIS HEALTHCARE 's P/E Ratio
Top 10 Industry Peers | PE 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