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PB Ratio of Fortis Healthcare Ltd

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Fortis Healthcare Ltd

NSE: FORTIS

PB Ratio

6.5

Last updated on: Dec 20, 2024

Key Highlights

  • The latest PB Ratio of Fortis Healthcare Ltd is 6.5.
  • The PB ratio of the Fortis Healthcare Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Fortis Healthcare Ltd changed from 1.5 on March 2019 to 4.1 on March 2024 . This represents a CAGR of 18.24% over 6 years.

Historical P/B Ratio of Fortis Healthcare Ltd

No data available

Company Fundamentals for Fortis Healthcare Ltd

Market Cap

51,125 Cr

EPS

9.2

P/E Ratio (TTM)

73.9

P/B Ratio (TTM)

6.5

Day’s High

697.6

Day’s Low

669.0

DTE

0.2

ROE

8.4

52 Week High

740.1

52 Week Low

375.1

ROCE

12.0

Market Price of Fortis Healthcare Ltd

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
20 Dec 2024677.2
19 Dec 2024678
18 Dec 2024682.45
17 Dec 2024687.2
16 Dec 2024696.2

SWOT Analysis Of Fortis Healthcare Ltd

Strength

5

che

Weakness

1

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Fortis Healthcare Ltd

Asset Value vs Market Value of Fortis Healthcare Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Historical Market Cap of Fortis Healthcare Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Fortis Healthcare Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

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 6.52. 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.
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