RAINBOW CHILDRENS MEDICARE
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The Current P/E Ratio of RAINBOW CHILDRENS MEDICARE is 60.47.
Share Price | ₹1,383.0 | Feb 07,2025 |
Market Cap | ₹14,050.8 Cr | |
Earnings-TTM | ₹232.4 Cr | TTM-Consolidated Results |
Price/Earnings | 60.47x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RAINBOW CHILDRENS MEDICARE
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹14,050.8 Cr] as on Feb 07,2025
(/) Earnings [ ₹232.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 60.47x ]
Thus, for RAINBOW CHILDRENS MEDICARE , the investors are currently willing to pay 60.47 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 RAINBOW CHILDRENS MEDICARE !
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 RAINBOW CHILDRENS MEDICARE over the last five years.
Historical PE (Price/Earnings) ratio chart of RAINBOW CHILDRENS MEDICARE
PE Ratio Performance Analysis for RAINBOW CHILDRENS MEDICARE
- RAINBOW CHILDRENS MEDICARE 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 19.17x.
- RAINBOW CHILDRENS MEDICARE 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RAINBOW CHILDRENS MEDICARE 's p/e ratio peaked in Mar2024 at 60.71x.
- RAINBOW CHILDRENS MEDICARE 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does RAINBOW CHILDRENS MEDICARE '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 |
---|---|---|---|
RAINBOW CHILDRENS MEDICARE | 232.37 | 60.47 | 14,050.8 |
APOLLO HOSPITALS ENTERPRISE LTD | 1,196.80 | 81.53 | 97,577.3 |
MAX HEALTHCARE INSTITUTE LTD | 1,008.42 | 110.25 | 111,174.0 |
GLOBAL HEALTH LTD | 507.29 | 61.81 | 31,356.2 |
FORTIS HEALTHCARE LTD | 690.76 | 71.01 | 49,049.6 |
NARAYANA HRUDAYALAYA LTD | 779.18 | 36.85 | 28,710.7 |
ASTER DM HEALTHCARE LTD | 304.66 | 77.59 | 23,639.5 |
DR LAL PATHLABS LTD | 422.50 | 55.60 | 23,489.8 |
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD | 380.02 | 67.53 | 25,662.9 |
METROPOLIS HEALTHCARE LTD | 152.81 | 61.85 | 9,450.9 |
JUPITER LIFE LINE HOSPITALS LTD | 185.05 | 56.25 | 10,408.9 |
Hospital & Healthcare Services Industry Benchmark (Top 10) PE Analysis vs RAINBOW CHILDRENS MEDICARE 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 36.85x |
Max industry PE | 110.25x |
Median industry PE | 61.85x |
Average industry PE | 67.34x |
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