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Artemis Medicare Services Ltd PB Ratio

Artemis Medicare Services Ltd PB Ratio

stocks purchased

₹ 0.1 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

4.6 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Artemis Medicare Services Ltd

NSE: ARTEMISMED

PB

10.4

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Artemis Medicare Services Ltd is 10.4 as of 07 Nov 24.
  • The P/B Ratio of Artemis Medicare Services Ltd changed from 2.1 on March 2022 to 6.1 on March 2024 . This represents a CAGR of 42.68% over 3 years. .

Historical P/B Ratio of Artemis Medicare Services Ltd

No data available

Company Fundamentals for Artemis Medicare Services Ltd

Market Cap

3,940 Cr

EPS

4.1

P/E Ratio (TTM) *

70.4

P/B Ratio (TTM) *

10.4

Day’s High *

292.45

Day’s Low

283.95

DTE *

0.7

ROE *

11.0

52 Week High

298.45

52 Week Low

140.6

ROCE *

13.0

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Artemis Medicare Services Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
07 Nov 2024286.4
06 Nov 2024275.45
05 Nov 2024274.55
04 Nov 2024276.65
01 Nov 2024279.1
31 Oct 2024278.45
30 Oct 2024280.35
29 Oct 2024267.5
28 Oct 2024271.85
25 Oct 2024264.85

SWOT Analysis Of Artemis Medicare Services Ltd

Strength

4

S

Weakness

2

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Artemis Medicare Services Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Artemis Medicare Services Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Artemis Medicare Services Ltd

Share Price

₹290

PB Ratio

The price-to-book (P/B) ratio compares a company's market capitalization to its book value by dividing its stock price per share by its book value per share.


How to calculate Price-to-Book (P/B) Ratio?

The Price-to-Book Ratio is used to determine the relationship between the total value of a company's outstanding shares and the net value of its assets. Before calculating the P/B ratio, investors need to overlook the market capitalization of a company.


Market capitalization = market value of a stock X no. of outstanding shares


Now, you need to know the net value of an organization's assets.

Book Value of Assets = Total Assets - Total Liabilities of a company


After knowing the value of the above ratios, here is the formula for the P/B Ratio:

P/B Ratio = Market Capitalization/ Book Value of Assets


or you can also use this formula

P/B ratio = Market Price Per Share/ Book Value of Asset Per Share

Historical Market Cap of Artemis Medicare Services Ltd

No data available

* All values are in crore

Historical Revenue of Artemis Medicare Services Ltd

No data available

* All values are in crore

Historical EBITDA of Artemis Medicare Services Ltd

No data available

* All values are in crore

Historical Net Profit of Artemis Medicare Services Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Artemis Medicare Services Ltd News Hub

News

Artemis Medicare Services to hold board meeting

Artemis Medicare Services will hold a meeting of the Board of Directors of the Company on ...

Read more

02 Aug 202417:50

News

Artemis Medicare Services to convene AGM

Artemis Medicare Services announced that the 20th Annual General Meeting (AGM) of the comp...

Read more

17 Jun 202417:39

News

Artemis Medicare Services raises Rs 330 cr via CCDs

Artemis Medicare Services has completed the fund raise of Rs 330 crore in the form of Comp...

Read more

17 May 202410:26

News

Board of Artemis Medicare Services recommends final dividend

Artemis Medicare Services announced that the Board of Directors of the Company at its meet...

Read more

11 May 202409:16

News

Artemis Medicare Services to convene board meeting

Artemis Medicare Services will hold a meeting of the Board of Directors of the Company on ...

Read more

04 May 202410:51

News

Artemis Medicare Services EGM scheduled

Artemis Medicare Services announced that an Extra Ordinary General Meeting (EGM) of the Co...

Read more

05 Apr 202417:08

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Annual Reports

N/A

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Credit Ratings

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Concalls

Data not available

FAQs for PB Ratio of Artemis Medicare Services Ltd

What is the PB ratio of Artemis Medicare Services Ltd?

The current PB ratio of Artemis Medicare Services Ltd is 10.36. The Price-to-Book value (P/B) ratio compares a company's current share price to its book value per share. It helps assess whether a stock is overvalued or undervalued relative to its net asset value.

What is the ideal PB ratio to buy Artemis Medicare Services Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Artemis Medicare Services Ltd. Some investors and financial analysts may also consider any value under 3.0 as a good PB ratio.

How is the PB Ratio of Artemis Medicare Services Ltd calculated?

The PB ratio of Artemis Medicare Services Ltd is calculated by dividing the current share price by the book value per share. The book value per share is determined by dividing the company’s total net assets (assets minus liabilities) by the number of outstanding shares. This ratio helps evaluate how the market values the company's assets.

What does a high PB Ratio mean for Artemis Medicare Services Ltd?

A high PB ratio suggests that Artemis Medicare Services Ltd’s stock may be overvalued relative to its book value or that investors expect high growth.

What does a low PB Ratio indicate for Artemis Medicare Services Ltd?

A low PB ratio of Artemis Medicare Services Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Artemis Medicare Services Ltd PB Ratio change over time?

Yes, the PB ratio of Artemis Medicare Services Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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