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Manipal Health EnterprisesNSE:MANIPALHOS -3.30%13 PB Ratio is 12.05 as of Aug. 31, 2026, which is 8% above its 10-year median of 11.11. GuruFocus rates NSE:MANIPALHOS with a GF Score™ of 13/100. The stock has 1 warning sign investors should review. Among 615 Healthcare Providers & Services companies, Manipal Health Enterprises ranks worse than 95.45% on this metric.
The historical rank and industry rank for Manipal Health Enterprises's PB Ratio or its related term are showing as below:
NSE:MANIPALHOS'
s PB Ratio Range Over the Past 10 Years
Min: 10.58 Med: 11.11 Max: 12.05
Current: 12.05
During the past 3 years, Manipal Health Enterprises's highest PB Ratio was 12.05. The lowest was 10.58. And the median was 11.11.
NSE:MANIPALHOS's PB Ratio is ranked worse than 95.45% of 615
companies
in the Healthcare Providers & Services industry
Industry Median: 1.98
vs NSE:MANIPALHOS: 12.05
During the past 12 months, Manipal Health Enterprises's average Book Value Per Share Growth Rate was 44.80% 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.
Manipal Health Enterprises PB Ratio Related Terms
Manipal Health Enterprises PB Ratio Historical Data
* 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.
Manipal Health Enterprises PB Ratio Chart
Manipal Health Enterprises Annual Data
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Manipal Health Enterprises Semi-Annual Data
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NSE:MANIPALHOS vs HCA, THC, EHC: PB Ratio Comparison
For the Medical Care Facilities subindustry, Manipal Health Enterprises'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.
Manipal Health Enterprises PB Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Manipal Health Enterprises's PB Ratio distribution charts can be found below:
* The bar in red indicates where Manipal Health Enterprises'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.
Manipal Health Enterprises (NSE:MANIPALHOS) has a PB Ratio of 12.05 as of Aug. 31, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Manipal Health Enterprises and its competitors. This is near median its historical median of 11.11. Over the past decade, Manipal Health Enterprises' PB Ratio has ranged from 10.58 to 12.05. According to the industry distribution chart, Manipal Health Enterprises ranks #587 out of 615 companies in the Healthcare Providers & Services industry, placing it in the top 95.4%.
Is Manipal Health Enterprises' PB Ratio too high?
Manipal Health Enterprises' current PB Ratio of 12.05 is near median its 10-year median of 11.11. Over the past 10 years, this metric has ranged from a low of 10.58 to a high of 12.05. The Healthcare Providers & Services industry median PB Ratio is 1.98. Manipal Health Enterprises' value of 12.05 is 508.6% above this industry median. Based on the distribution chart, Manipal Health Enterprises ranks #587 out of 615 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, Manipal Health Enterprises has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Manipal Health Enterprises' PB Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Manipal Health Enterprises ranks #587 out of 615 companies for PB Ratio. This places Manipal Health Enterprises in the lower half of its industry. The industry median PB Ratio is 1.98. Manipal Health Enterprises' value of 12.05 is 508.6% above this benchmark. Historically, Manipal Health Enterprises' own PB Ratio has ranged from 10.58 to 12.05 over the past decade. While the company's 10-year median is 11.11 vs. the industry median of 1.98, Manipal Health Enterprises 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 1.98, based on 615 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. Manipal Health Enterprises's current PB Ratio of 12.05 is 508.6% 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 Manipal Health Enterprises and its competitors. For the Healthcare Providers & Services industry, the median PB Ratio is 1.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manipal Health Enterprises's current PB Ratio is 12.05, which is near median its own 10-year median of 11.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manipal Health Enterprises stock overvalued right now?
Manipal Health Enterprises (NSE:MANIPALHOS) has a current PB Ratio of 12.05. The current PB Ratio is 12.05, which is near median its 10-year median of 11.11 and 508.6% above the Healthcare Providers & Services industry median of 1.98. Manipal Health Enterprises' overall GF Score™ is 13/100 with 1 warning sign to review. 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 Manipal Health Enterprises (NSE:MANIPALHOS), the current PB Ratio is 12.05 as of Aug. 31, 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.
Manipal Health Enterprises Ltd is engaged in the business of running/managing hospitals and providing healthcare services. The company operates through various Hospitals/clinics providing Healthcare services and diagnostic centres in India. It offers clinical services across several specialties, with a focus on tertiary and quaternary care, particularly in cardiac sciences, oncology, neurosciences, gastro sciences, orthopedics, and renal sciences. It has a single business segment, namely engaged in the business of healthcare services. The company generates revenue by providing inpatient care at its hospitals.
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