Fortis Healthcare (BOM:532843) Price-to-Tangible-Book : (As of May. 16, 2024)

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What is Fortis Healthcare Price-to-Tangible-Book?

As of today (2024-05-16), Fortis Healthcare's share price is ₹444.15. Fortis Healthcare's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₹0.00. Hence, Fortis Healthcare's Price to Tangible Book Ratio of today is .

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

BOM:532843' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.35 Med: 3.92 Max: 12.8
Current: 11.13

During the past 13 years, Fortis Healthcare's highest Price to Tangible Book Ratio was 12.80. The lowest was 2.35. And the median was 3.92.

BOM:532843's Price-to-Tangible-Book is ranked worse than
86.49% of 481 companies
in the Healthcare Providers & Services industry
Industry Median: 3.33 vs BOM:532843: 11.13

A closely related ratio is called PB Ratio. As of today, Fortis Healthcare's share price is ₹444.15. Fortis Healthcare's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₹0.00. Hence, Fortis Healthcare's P/B Ratio of today is .

Fortis Healthcare Price-to-Tangible-Book Historical Data

The historical data trend for Fortis Healthcare'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.

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Fortis Healthcare Price-to-Tangible-Book Chart

Fortis Healthcare Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

3.68

3.32

6.44

12.80

7.36

Fortis Healthcare Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	7.36	-	8.52	-

Competitive Comparison of Fortis Healthcare's Price-to-Tangible-Book

For the Medical Care Facilities subindustry, Fortis Healthcare'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 Healthcare's Price-to-Tangible-Book Distribution in the Healthcare Providers & Services Industry

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

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

Fortis Healthcare Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	444.15	/	0
	=

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 Healthcare Price-to-Tangible-Book Related Terms

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

Fortis Healthcare (BOM:532843) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Fortis Healthcare Ltd (BOM:532843) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

FORTIS:India

Address

Tower - A, Unitech Business Park, Block - F, South City 1, Sector - 41, Gurugram, HR, IND, 122001

Website

https://www.fortishealthcare.com

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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