Fortis Malar Hospitals (BOM:523696) Price-to-Tangible-Book : 1.11 (As of May. 26, 2024)

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What is Fortis Malar Hospitals Price-to-Tangible-Book?

As of today (2024-05-26), Fortis Malar Hospitals's share price is ₹64.64. Fortis Malar Hospitals's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹58.41. Hence, Fortis Malar Hospitals's Price to Tangible Book Ratio of today is 1.11.

The historical rank and industry rank for Fortis Malar Hospitals's Price-to-Tangible-Book or its related term are showing as below:

BOM:523696' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.8 Med: 1.1 Max: 1.4
Current: 1.11

During the past 13 years, Fortis Malar Hospitals's highest Price to Tangible Book Ratio was 1.40. The lowest was 0.80. And the median was 1.10.

BOM:523696's Price-to-Tangible-Book is ranked better than
84.52% of 478 companies
in the Healthcare Providers & Services industry
Industry Median: 3.155 vs BOM:523696: 1.11

A closely related ratio is called PB Ratio. As of today, Fortis Malar Hospitals's share price is ₹64.64. Fortis Malar Hospitals's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹58.41. Hence, Fortis Malar Hospitals's P/B Ratio of today is 1.11.

Fortis Malar Hospitals Price-to-Tangible-Book Historical Data

The historical data trend for Fortis Malar Hospitals's Price-to-Tangible-Book 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 Malar Hospitals Price-to-Tangible-Book Chart

Fortis Malar Hospitals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

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0.86

1.19

1.36

1.40

0.80

Fortis Malar Hospitals Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.40	-	1.79	-	0.80

Competitive Comparison of Fortis Malar Hospitals's Price-to-Tangible-Book

For the Medical Care Facilities subindustry, Fortis Malar Hospitals's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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's Price-to-Tangible-Book Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Fortis Malar Hospitals's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Fortis Malar Hospitals's Price-to-Tangible-Book falls into.

Fortis Malar Hospitals Price-to-Tangible-Book Calculation

Fortis Malar Hospitals's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	64.64	/	58.409
	=	1.11

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Fortis Malar Hospitals Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Fortis Malar Hospitals's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Fortis Malar Hospitals (BOM:523696) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Fortis Malar Hospitals Ltd (BOM:523696) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

Fortis Hospital, Sector 62, Phase VIII, Mohali, PB, IND, 160062

Website

https://www.fortismalar.com

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, diabetics, 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.

Fortis Malar Hospitals (BOM:523696) Headlines

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