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HEALTHCARE GLOBAL ENTERPRISES
PS (Price/Sales) Ratio

The Current P/S Ratio of HEALTHCARE GLOBAL ENTERPRISES is 3.19.

Share Price ₹468.1Nov 08,2024
Market Cap ₹6,525.3 Cr
Sales-TTM₹2,043.6 CrTTM-Consolidated Results
Price/Sales3.19xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of HEALTHCARE GLOBAL ENTERPRISES

Price-to-Sales ratio, P/S Multiple, or P/S Ratio is an important valuation multiple that is defined as:

P/S = Market Capitalization / Sales

or, using per-share numbers:

P/S = Stock Price / Sales Per Share

Applying the above formula, P/S ratio of HEALTHCARE GLOBAL ENTERPRISES is calculated as :

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 ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

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 latest p/e ratio is 3.19x.

- 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 RatioMarket Cap (Cr)
HEALTHCARE GLOBAL ENTERPRISES 2,043.63.196,525.3
APOLLO HOSPITALS ENTERPRISE LTD20,469.45.21106,701.0
MAX HEALTHCARE INSTITUTE LTD6,008.317.45104,835.0
GLOBAL HEALTH LTD3,346.38.5728,676.8
FORTIS HEALTHCARE LTD7,312.96.4146,875.4
NARAYANA HRUDAYALAYA LTD5,224.05.0526,368.7
ASTER DM HEALTHCARE LTD6,772.53.2221,826.2
DR LAL PATHLABS LTD2,346.410.9025,565.2
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD2,705.38.4322,815.9
RAINBOW CHILDRENS MEDICARE LTD1,424.711.2916,080.2
METROPOLIS HEALTHCARE LTD1,285.38.4410,844.1

Hospital & Healthcare Services Industry Benchmark (Top 10) PS Analysis vs HEALTHCARE GLOBAL ENTERPRISES 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 3.19x
Max industry PS 17.45x
Median industry PS 8.43x
Average industry PS 8.01x



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