Valuation Metrics Indicate Premium Pricing
Aster DM Healthcare trades at a price-to-earnings (PE) ratio of 92.0, significantly higher than many of its hospital sector peers. Its price-to-book value stands at 7.6, while the enterprise value to EBITDA ratio is 42.1, underscoring the market’s willingness to pay a steep premium for the company’s earnings and asset base. These multiples place Aster firmly in the ‘expensive’ category, reflecting elevated expectations for future growth and profitability.
Compared to competitors such as Apollo Hospitals, which is rated as ‘attractive’ with a PE ratio closer to 62, and Narayana Hrudaya, also ‘expensive’ but with a PE near 46, Aster’s valuation is on the higher end. Even some ‘very expensive’ peers like Max Healthcare and Fortis...
Read More











