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Fortis Healthcare Ltd PB Ratio

Fortis Healthcare Ltd PB Ratio

stocks purchased

₹ 0.2 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

3.5 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Fortis Healthcare Ltd

NSE: FORTIS

PB

6.1

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Fortis Healthcare Ltd is 6.1 as of 07 Nov 24.
  • The P/B Ratio of Fortis Healthcare Ltd changed from 3.5 on March 2022 to 4.1 on March 2024 . This represents a CAGR of 5.42% over 3 years. .

Historical P/B Ratio of Fortis Healthcare Ltd

No data available

Company Fundamentals for Fortis Healthcare Ltd

Market Cap

47,075 Cr

EPS

8.5

P/E Ratio (TTM) *

73.4

P/B Ratio (TTM) *

6.1

Day’s High *

628.7

Day’s Low

613.15

DTE *

0.2

ROE *

7.8

52 Week High

649.95

52 Week Low

333.5

ROCE *

11.2

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Fortis Healthcare 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 2024623.55
06 Nov 2024621.7
05 Nov 2024614.8
04 Nov 2024635.1
01 Nov 2024635.2
31 Oct 2024626.1
30 Oct 2024614.25
29 Oct 2024601.65
28 Oct 2024603.65
25 Oct 2024583.5

SWOT Analysis Of Fortis Healthcare Ltd

Strength

5

S

Weakness

1

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Fortis Healthcare Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Fortis Healthcare Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Fortis Healthcare Ltd

Share Price

₹616

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 Fortis Healthcare Ltd

No data available

* All values are in crore

Historical Revenue of Fortis Healthcare Ltd

No data available

* All values are in crore

Historical EBITDA of Fortis Healthcare Ltd

No data available

* All values are in crore

Historical Net Profit of Fortis Healthcare Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Fortis Healthcare Ltd News Hub

News

Fortis Healthcare to announce Quarterly Result

Fortis Healthcare will hold a meeting of the Board of Directors of the Company on 8 Novemb...

Read more

31 Oct 202412:07

News

Board of Fortis Healthcare approves NCD issuance of Rs 1550 cr

The Board of Fortis Healthcare at its meeting held on 09 October 2024 has approved the iss...

Read more

10 Oct 202409:56

News

Fortis Healthcare to raise Rs 1,550-crore via NCDs

The company will issue listed, senior, secured, rated, redeemable NCDs having a face value...

Read more

10 Oct 202408:56

News

Fortis Healthcare to hold board meeting

Fortis Healthcare will hold a meeting of the Board of Directors of the Company on 9 Octobe...

Read more

05 Oct 202410:06

News

Board of Fortis Healthcare to consider NCD issuance

The Board of Fortis Healthcare will meet on 09 October 2024 to consider fund raising by wa...

Read more

04 Oct 202419:00

News

Board of Fortis Healthcare designates Indrajit Banerjee as Chairman

The Board of Fortis Healthcare has decided to designate Indrajit Banerjee, Independent Dir...

Read more

23 Sep 202414:03

Document

Annual Reports

Annual Report 2024

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Credit Ratings

Credit Report 2024

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Concalls

Feb 2023

Transcript

Nov 2022

Transcript

Aug 2022

Transcript

May 2022

Transcript

Aug 2021

PPT

May 2021

PPT

June 2020

PPT

Feb 2020

PPT

FAQs for PB Ratio of Fortis Healthcare Ltd

What is the PB ratio of Fortis Healthcare Ltd?

The current PB ratio of Fortis Healthcare Ltd is 6.14. 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 Fortis Healthcare Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Fortis Healthcare 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 Fortis Healthcare Ltd calculated?

The PB ratio of Fortis Healthcare 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 Fortis Healthcare Ltd?

A high PB ratio suggests that Fortis Healthcare 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 Fortis Healthcare Ltd?

A low PB ratio of Fortis Healthcare Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Fortis Healthcare Ltd PB Ratio change over time?

Yes, the PB ratio of Fortis Healthcare 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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