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Lotus Eye Hospital & Institute (BOM:532998) PB Ratio : 2.13 (As of May. 14, 2024)


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What is Lotus Eye Hospital & 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 (2024-05-14), Lotus Eye Hospital & Institute's share price is ₹60.23. Lotus Eye Hospital & Institute's Book Value per Share for the quarter that ended in Dec. 2023 was ₹28.25. Hence, Lotus Eye Hospital & Institute's PB Ratio of today is 2.13.

Good Sign:

Lotus Eye Hospital & Institute Ltd stock PB Ratio (=2.13) is close to 1-year low of 2.13

The historical rank and industry rank for Lotus Eye Hospital & Institute's PB Ratio or its related term are showing as below:

BOM:532998' s PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 1.16   Max: 3.4
Current: 2.13

During the past 13 years, Lotus Eye Hospital & Institute's highest PB Ratio was 3.40. The lowest was 0.23. And the median was 1.16.

BOM:532998's PB Ratio is ranked better than
52.09% of 599 companies
in the Healthcare Providers & Services industry
Industry Median: 2.22 vs BOM:532998: 2.13

During the past 12 months, Lotus Eye Hospital & Institute's average Book Value Per Share Growth Rate was 5.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Lotus Eye Hospital & Institute was 4.00% per year. The lowest was -1.20% per year. And the median was 0.60% per year.

Back to Basics: PB Ratio


Lotus Eye Hospital & Institute PB Ratio Historical Data

The historical data trend for Lotus Eye Hospital & 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.

Lotus Eye Hospital & Institute PB Ratio Chart

Lotus Eye Hospital & Institute Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.95 1.65 2.03 2.10

Lotus Eye Hospital & Institute Quarterly Data
Mar19 Jun19 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 - 2.10 - 2.93 -

Competitive Comparison of Lotus Eye Hospital & Institute's PB Ratio

For the Medical Care Facilities subindustry, Lotus Eye Hospital & 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.


Lotus Eye Hospital & Institute's PB Ratio Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Lotus Eye Hospital & Institute's PB Ratio falls into.



Lotus Eye Hospital & 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.

Lotus Eye Hospital & Institute's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=60.23/28.247
=2.13

* 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.


Lotus Eye Hospital & Institute  (BOM:532998) 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.


Lotus Eye Hospital & Institute PB Ratio Related Terms

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


Lotus Eye Hospital & Institute (BOM:532998) Business Description

Traded in Other Exchanges
Address
SF No. 770/12, Avinashi Road, Civil Aerodrome Post, Coimbatore, TN, IND, 641 014
Lotus Eye Hospital & Institute Ltd is an India-based eye care hospital. It is engaged in providing treatment and care for eye diseases and disorders. It offers treatment services for eye conditions like refractive error, retina and uvea, cornea, glaucoma, pediatric, orbit and oculoplasty, neuro-ophthalmology, and binocular vision. In addition, the company also operates an eye bank for functioning eye donation activities. The company mainly operates in India and generates revenue by providing medical services, pharmacy sales, and contact lens, and optical, of which the majority of the revenue is derived from providing segmmedical services.

Lotus Eye Hospital & Institute (BOM:532998) Headlines

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