THYROCARE TECHNOLOGIES
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The Current P/E Ratio of THYROCARE TECHNOLOGIES is 58.30.
| Share Price | ₹1,393.2 | Nov 07,2025 |
| Market Cap | ₹7,397.6 Cr | |
| Earnings-TTM | ₹126.9 Cr | TTM-Consolidated Results |
| Price/Earnings | 58.30x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of THYROCARE TECHNOLOGIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹7,397.6 Cr] as on Nov 07,2025
(/) Earnings [ ₹126.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 58.30x ]
Thus, for THYROCARE TECHNOLOGIES , the investors are currently willing to pay 58.30 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of THYROCARE TECHNOLOGIES !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of THYROCARE TECHNOLOGIES over the last five years.
Historical PE (Price/Earnings) ratio chart of THYROCARE TECHNOLOGIES
PE Ratio Performance Analysis for THYROCARE TECHNOLOGIES
- THYROCARE TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 36.85x.
- THYROCARE TECHNOLOGIES 's operated at median p/e ratio of 39.72x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, THYROCARE TECHNOLOGIES 's p/e ratio peaked in Mar2024 at 44.13x.
- THYROCARE TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2022 of 23.25x.
How does THYROCARE TECHNOLOGIES 's P/E Ratio benchmark against top 10 peers in Hospital & Healthcare Services Industry?
| Peer Comparison (Hospital & Healthcare Services Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| THYROCARE TECHNOLOGIES | 126.88 | 58.30 | 7,397.6 |
| MAX HEALTHCARE INSTITUTE LTD | 1,147.58 | 96.23 | 110,436.0 |
| APOLLO HOSPITALS ENTERPRISE LTD | 1,693.20 | 64.86 | 109,826.0 |
| FORTIS HEALTHCARE LTD | 888.33 | 86.72 | 77,032.1 |
| GLOBAL HEALTH LTD | 561.62 | 59.89 | 33,637.8 |
| NARAYANA HRUDAYALAYA LTD | 784.58 | 47.16 | 36,999.5 |
| KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD | 355.60 | 81.90 | 29,124.1 |
| DR LAL PATHLABS LTD | 539.80 | 48.09 | 25,956.6 |
| ASTER DM HEALTHCARE LTD | 398.12 | 90.24 | 35,926.5 |
| RAINBOW CHILDRENS MEDICARE LTD | 258.30 | 54.03 | 13,956.8 |
| JUPITER LIFE LINE HOSPITALS LTD | 198.74 | 51.27 | 10,189.3 |
Hospital & Healthcare Services Industry Benchmark (Top 10) PE Analysis vs THYROCARE TECHNOLOGIES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 47.16x |
| Max industry PE | 96.23x |
| Median industry PE | 59.89x |
| Average industry PE | 67.15x |
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