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Max Healthcare Institute (BOM:543220) PB Ratio : 10.03 (As of May. 12, 2024)


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What is Max Healthcare Institute PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-12), Max Healthcare Institute's share price is ₹810.00. Max Healthcare Institute's Book Value per Share for the quarter that ended in Dec. 2023 was ₹80.76. Hence, Max Healthcare Institute's PB Ratio of today is 10.03.

The historical rank and industry rank for Max Healthcare Institute's PB Ratio or its related term are showing as below:

BOM:543220' s PB Ratio Range Over the Past 10 Years
Min: 2.23   Med: 5.78   Max: 10.03
Current: 10.03

During the past 9 years, Max Healthcare Institute's highest PB Ratio was 10.03. The lowest was 2.23. And the median was 5.78.

BOM:543220's PB Ratio is ranked worse than
93.31% of 598 companies
in the Healthcare Providers & Services industry
Industry Median: 2.23 vs BOM:543220: 10.03

During the past 12 months, Max Healthcare Institute's average Book Value Per Share Growth Rate was 13.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 39.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 39.30% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Max Healthcare Institute was 54.30% per year. The lowest was -5.10% per year. And the median was 39.30% per year.

Back to Basics: PB Ratio


Max Healthcare Institute PB Ratio Historical Data

The historical data trend for Max Healthcare Institute's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Max Healthcare Institute PB Ratio Chart

Max Healthcare Institute Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial Premium Member Only - - 3.53 5.35 5.78

Max Healthcare Institute Quarterly Data
Mar18 Mar19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 5.78 - 7.03 -

Competitive Comparison of Max Healthcare Institute's PB Ratio

For the Medical Care Facilities subindustry, Max Healthcare Institute's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Max Healthcare Institute's PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Max Healthcare Institute's PB Ratio distribution charts can be found below:

* The bar in red indicates where Max Healthcare Institute's PB Ratio falls into.



Max Healthcare Institute PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Max Healthcare Institute's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=810.00/80.755
=10.03

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Max Healthcare Institute  (BOM:543220) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Max Healthcare Institute PB Ratio Related Terms

Thank you for viewing the detailed overview of Max Healthcare Institute's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Max Healthcare Institute (BOM:543220) Business Description

Traded in Other Exchanges
Address
Capital Cyberscape, Sector-59, 2nd Floor, Gurugram, HR, IND, 122011
Max Healthcare Institute Ltd is a health care service provider. The company's facilities include third party healthcare providers with whom the company has entered long term service contracts for providing clinical, radiology, and pathology services. Its hospitals provide the full range of services through its Outpatient, Day Care, Emergency Room, and In-Patient departments to accommodate medical specialties as orthopedics, internal medicine, general surgery, cardiac sciences, oncology, neurosciences, and obstetrics, as well as diagnostics. The group primarily derives revenue from India.

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