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Fortis Healthcare (BOM:532843) PEG Ratio : 2.44 (As of Jun. 04, 2024)


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What is Fortis Healthcare PEG Ratio?

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Fortis Healthcare's PE Ratio without NRI is 59.19. Fortis Healthcare's 5-Year EBITDA growth rate is 24.30%. Therefore, Fortis Healthcare's PEG Ratio for today is 2.44.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for Fortis Healthcare's PEG Ratio or its related term are showing as below:

BOM:532843' s PEG Ratio Range Over the Past 10 Years
Min: 2.21   Med: 2.28   Max: 2.52
Current: 2.52


During the past 13 years, Fortis Healthcare's highest PEG Ratio was 2.52. The lowest was 2.21. And the median was 2.28.


BOM:532843's PEG Ratio is ranked worse than
67.25% of 229 companies
in the Healthcare Providers & Services industry
Industry Median: 1.53 vs BOM:532843: 2.52

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Fortis Healthcare PEG Ratio Historical Data

The historical data trend for Fortis Healthcare's PEG 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.

Fortis Healthcare PEG Ratio Chart

Fortis Healthcare Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 2.16

Fortis Healthcare Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PEG 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 - - - - 2.16

Competitive Comparison of Fortis Healthcare's PEG Ratio

For the Medical Care Facilities subindustry, Fortis Healthcare's PEG Ratio, along with its competitors' market caps and PEG 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 Healthcare's PEG Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Fortis Healthcare's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Fortis Healthcare's PEG Ratio falls into.



Fortis Healthcare PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

Fortis Healthcare's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=59.186960443242/24.30
=2.44

* 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.

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


Fortis Healthcare  (BOM:532843) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Fortis Healthcare PEG Ratio Related Terms

Thank you for viewing the detailed overview of Fortis Healthcare's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Fortis Healthcare (BOM:532843) Business Description

Traded in Other Exchanges
Address
Tower - A, Unitech Business Park, Block - F, South City 1, Sector - 41, Gurugram, 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 most prominent specialty in its hospital business is cardiac sciences. The Company is primarily 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 (BOM:532843) Headlines

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