HEALTHCARE GLOBAL ENTERPRISES
|
The Current P/S Ratio of HEALTHCARE GLOBAL ENTERPRISES is 3.19.
Share Price | ₹468.1 | Nov 08,2024 |
Market Cap | ₹6,525.3 Cr | |
Sales-TTM | ₹2,043.6 Cr | TTM-Consolidated Results |
Price/Sales | 3.19x | Calculated as Market Cap/Sales |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of HEALTHCARE GLOBAL ENTERPRISES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹6,525.3 Cr] as on Nov 08,2024
(/) Sales [ ₹2,043.6 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 3.19x ]
Thus, for HEALTHCARE GLOBAL ENTERPRISES , the investors are currently willing to pay '3.19 times sales' to own 1 share of the company.
PS Multiples are one of the most widely used valuation multiple in the industry.
P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.
You may also explore Price to Earnings ratio or Price to Book ratio of HEALTHCARE GLOBAL ENTERPRISES !
The chart below summarizes the trend in P/S Ratio of HEALTHCARE GLOBAL ENTERPRISES over the last five years.
Historical PS (Price/Sales) ratio chart of HEALTHCARE GLOBAL ENTERPRISES
PS Ratio Performance Analysis for HEALTHCARE GLOBAL ENTERPRISES
- HEALTHCARE GLOBAL ENTERPRISES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.06x.
- HEALTHCARE GLOBAL ENTERPRISES 's operated at median p/e ratio of 2.37x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HEALTHCARE GLOBAL ENTERPRISES 's p/e ratio peaked in Mar2022 at 2.69x.
- HEALTHCARE GLOBAL ENTERPRISES 's p/e ratio hit its five-year low in Mar2020 of 0.61x.
How does HEALTHCARE GLOBAL ENTERPRISES 's P/S Ratio benchmark against top 10 peers in Hospital & Healthcare Services Industry?
Peer Comparison (Hospital & Healthcare Services Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
HEALTHCARE GLOBAL ENTERPRISES | 2,043.6 | 3.19 | 6,525.3 |
APOLLO HOSPITALS ENTERPRISE LTD | 20,469.4 | 5.21 | 106,701.0 |
MAX HEALTHCARE INSTITUTE LTD | 6,008.3 | 17.45 | 104,835.0 |
GLOBAL HEALTH LTD | 3,346.3 | 8.57 | 28,676.8 |
FORTIS HEALTHCARE LTD | 7,312.9 | 6.41 | 46,875.4 |
NARAYANA HRUDAYALAYA LTD | 5,224.0 | 5.05 | 26,368.7 |
ASTER DM HEALTHCARE LTD | 6,772.5 | 3.22 | 21,826.2 |
DR LAL PATHLABS LTD | 2,346.4 | 10.90 | 25,565.2 |
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD | 2,705.3 | 8.43 | 22,815.9 |
RAINBOW CHILDRENS MEDICARE LTD | 1,424.7 | 11.29 | 16,080.2 |
METROPOLIS HEALTHCARE LTD | 1,285.3 | 8.44 | 10,844.1 |
Hospital & Healthcare Services Industry Benchmark (Top 10) PS Analysis vs HEALTHCARE GLOBAL ENTERPRISES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 3.19x |
Max industry PS | 17.45x |
Median industry PS | 8.43x |
Average industry PS | 8.01x |
You may also like the below Video Courses