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Fortis Malar HospitalsBOM:523696 +0.33%30 PB Ratio is 2.68 as of Aug. 14, 2026, which is 90% above its 10-year median of 1.41. GuruFocus rates BOM:523696 with a GF Score™ of 30/100. Among 610 Healthcare Providers & Services companies, Fortis Malar Hospitals ranks worse than 62.62% on this metric.
Fortis Malar Hospitals Ltd stock PB Ratio (=2.68) is close to 2-year low of 2.55.
The historical rank and industry rank for Fortis Malar Hospitals's PB Ratio or its related term are showing as below:
BOM:523696'
s PB Ratio Range Over the Past 10 Years
Min: 0.83 Med: 1.41 Max: 3.98
Current: 2.68
During the past 13 years, Fortis Malar Hospitals's highest PB Ratio was 3.98. The lowest was 0.83. And the median was 1.41.
BOM:523696's PB Ratio is ranked worse than 62.62% of 610
companies
in the Healthcare Providers & Services industry
Industry Median: 2.02
vs BOM:523696: 2.68
During the past 12 months, Fortis Malar Hospitals's average Book Value Per Share Growth Rate was 13.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -18.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -18.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -9.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Fortis Malar Hospitals was 48.50% per year. The lowest was -27.80% per year. And the median was 3.60% per year.
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.
* 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.
For the Medical Care Facilities subindustry, Fortis Malar Hospitals'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.
Fortis Malar Hospitals PB Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Fortis Malar Hospitals's PB Ratio distribution charts can be found below:
* The bar in red indicates where Fortis Malar Hospitals's PB Ratio falls into.
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.
* 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.
Fortis Malar Hospitals (BOM:523696) has a PB Ratio of 2.68 as of Aug. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Fortis Malar Hospitals and its competitors. This is 90% above median its historical median of 1.41. Over the past decade, Fortis Malar Hospitals' PB Ratio has ranged from 0.83 to 3.98. According to the industry distribution chart, Fortis Malar Hospitals ranks #382 out of 610 companies in the Healthcare Providers & Services industry, placing it in the top 62.6%.
Is Fortis Malar Hospitals' PB Ratio too high?
Fortis Malar Hospitals' current PB Ratio of 2.68 is 90% above median its 10-year median of 1.41. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 3.98. The Healthcare Providers & Services industry median PB Ratio is 2.02. Fortis Malar Hospitals' value of 2.68 is 32.7% above this industry median. Based on the distribution chart, Fortis Malar Hospitals ranks #382 out of 610 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Fortis Malar Hospitals has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Fortis Malar Hospitals' PB Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Fortis Malar Hospitals ranks #382 out of 610 companies for PB Ratio. This places Fortis Malar Hospitals in the lower half of its industry. The industry median PB Ratio is 2.02. Fortis Malar Hospitals' value of 2.68 is 32.7% above this benchmark. Historically, Fortis Malar Hospitals' own PB Ratio has ranged from 0.83 to 3.98 over the past decade. While the company's 10-year median is 1.41 vs. the industry median of 2.02, Fortis Malar Hospitals has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Healthcare Providers & Services company?
The median PB Ratio among Healthcare Providers & Services companies is 2.02, based on 610 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fortis Malar Hospitals's current PB Ratio of 2.68 is 32.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Fortis Malar Hospitals and its competitors. For the Healthcare Providers & Services industry, the median PB Ratio is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortis Malar Hospitals's current PB Ratio is 2.68, which is 90% above median its own 10-year median of 1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortis Malar Hospitals stock overvalued right now?
Fortis Malar Hospitals (BOM:523696) has a current PB Ratio of 2.68. The current PB Ratio is 2.68, which is 90% above median its 10-year median of 1.41 and 32.7% above the Healthcare Providers & Services industry median of 2.02. Fortis Malar Hospitals' overall GF Score™ is 30/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Fortis Malar Hospitals (BOM:523696), the current PB Ratio is 2.68 as of Aug. 14, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Fortis Malar Hospitals Ltd is an India-based company engaged in the provision of healthcare services. It focuses on providing medical care in the areas of cardiology and cardiac surgery, neurosurgery, gynecology, orthopedics, gastroenterology, neurology, pediatrics, diabetes, nephrology, and internal medicine. The company provides healthcare services in various branches of medicine such as general surgery, general medicine, pediatrics, neurology, cardiology, ophthalmology, radiology, pathology, gastroenterology, urology, thoracic surgery, plastic surgery, and other allied specialties. It operates in one business, namely, in the health care services.
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