THYROCARE TECHNOLOGIES
|
The Current P/E Ratio of THYROCARE TECHNOLOGIES is 58.58.
Share Price | ₹1,020.4 | Jul 04,2025 |
Market Cap | ₹5,408.1 Cr | |
Earnings-TTM | ₹92.3 Cr | TTM-Consolidated Results |
Price/Earnings | 58.58x | 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 [ ₹5,408.1 Cr] as on Jul 04,2025
(/) Earnings [ ₹92.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 58.58x ]
Thus, for THYROCARE TECHNOLOGIES , the investors are currently willing to pay 58.58 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 Mar2024 to Mar2020 averaged 34.83x.
- THYROCARE TECHNOLOGIES 's operated at median p/e ratio of 34.45x 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 | 92.32 | 58.58 | 5,408.1 |
MAX HEALTHCARE INSTITUTE LTD | 1,075.88 | 117.24 | 126,141.0 |
APOLLO HOSPITALS ENTERPRISE LTD | 1,472.10 | 73.79 | 108,619.0 |
FORTIS HEALTHCARE LTD | 797.86 | 76.32 | 60,894.9 |
GLOBAL HEALTH LTD | 481.32 | 66.08 | 31,804.9 |
NARAYANA HRUDAYALAYA LTD | 789.59 | 52.04 | 41,089.8 |
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD | 414.50 | 66.21 | 27,443.5 |
DR LAL PATHLABS LTD | 492.20 | 48.50 | 23,871.4 |
ASTER DM HEALTHCARE LTD | 355.60 | 92.27 | 32,812.6 |
RAINBOW CHILDRENS MEDICARE LTD | 244.23 | 66.46 | 16,230.5 |
JUPITER LIFE LINE HOSPITALS LTD | 193.50 | 51.13 | 9,893.3 |
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 | 48.50x |
Max industry PE | 117.24x |
Median industry PE | 66.21x |
Average industry PE | 69.87x |
You may also like the below Video Courses