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Fortis Healthcare (NSE:FORTIS) Median PS Value : ₹218.70 (As of Dec. 11, 2024)


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What is Fortis Healthcare Median PS Value?

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Fortis Healthcare's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was ₹96.041. Fortis Healthcare's 10-Year median PS Ratio is 2.2772. Therefore, the Median PS Value for today is ₹218.70.

As of today (2024-12-11), Fortis Healthcare's share price is ₹713.70. Fortis Healthcare's Median PS Value is ₹218.70. Therefore, Fortis Healthcare's Price to Median PS Value for today is 3.26.

The historical rank and industry rank for Fortis Healthcare's Median PS Value or its related term are showing as below:

NSE:FORTIS' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 1.54   Med: 1.95   Max: 3.26
Current: 3.26

During the past 13 years, the highest Price to Median PS Value of Fortis Healthcare was 3.26. The lowest was 1.54. And the median was 1.95.

NSE:FORTIS's Price-to-Median-PS-Value is ranked worse than
97.23% of 253 companies
in the Healthcare Providers & Services industry
Industry Median: 0.76 vs NSE:FORTIS: 3.26

Fortis Healthcare Median PS Value Historical Data

The historical data trend for Fortis Healthcare's Median PS Value 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.

Fortis Healthcare Median PS Value Chart

Fortis Healthcare Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 146.71 168.46 196.76

Fortis Healthcare Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Median PS Value 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 184.25 188.67 196.76 208.04 218.81

Competitive Comparison of Fortis Healthcare's Median PS Value

For the Medical Care Facilities subindustry, Fortis Healthcare's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.


Fortis Healthcare's Price-to-Median-PS-Value Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Fortis Healthcare's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Fortis Healthcare's Price-to-Median-PS-Value falls into.



Fortis Healthcare Median PS Value Calculation

Fortis Healthcare's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=96.041*2.2772
=218.70

10-Year Median PS Ratio is 2.2772.
Fortis Healthcare's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹96.041.

* 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.


Fortis Healthcare  (NSE:FORTIS) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

Fortis Healthcare's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=713.70/218.70
=3.26

* 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.


Fortis Healthcare Median PS Value Related Terms

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Fortis Healthcare Business Description

Traded in Other Exchanges
Address
Block - F, South City 1, Sector - 41, Tower-A, Unitech Business Park, Gurgaon, HR, IND, 122001
Fortis Healthcare Ltd provides integrated healthcare delivery services in India. The company manages healthcare centers including hospitals, diagnostics, and day care specialty facilities. The company's key specialty in its hospital business is cardiac sciences. It is predominantly engaged in the business of healthcare services which is the only reportable segment. The company's key hospitals include Fortis Escorts Heart Institute in Dehli, Fortis Mulund in Mumbai, and Fortis Hospital in Bengaluru. A majority of the company's revenue is derived from India.

Fortis Healthcare Headlines

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