THYROCARE TECHNOLOGIES
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The Current P/E Ratio of THYROCARE TECHNOLOGIES is 47.41.
Share Price | ₹782.9 | Feb 07,2025 |
Market Cap | ₹4,149.4 Cr | |
Earnings-TTM | ₹87.5 Cr | TTM-Consolidated Results |
Price/Earnings | 47.41x | Calculated as Market Cap/Earnings |
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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 [ ₹4,149.4 Cr] as on Feb 07,2025
(/) Earnings [ ₹87.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 47.41x ]
Thus, for THYROCARE TECHNOLOGIES , the investors are currently willing to pay 47.41 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 | 87.52 | 47.41 | 4,149.4 |
APOLLO HOSPITALS ENTERPRISE LTD | 1,196.80 | 81.53 | 97,577.3 |
MAX HEALTHCARE INSTITUTE LTD | 1,008.42 | 110.25 | 111,174.0 |
GLOBAL HEALTH LTD | 507.29 | 61.81 | 31,356.2 |
FORTIS HEALTHCARE LTD | 690.76 | 71.01 | 49,049.6 |
NARAYANA HRUDAYALAYA LTD | 779.18 | 36.85 | 28,710.7 |
ASTER DM HEALTHCARE LTD | 304.66 | 77.59 | 23,639.5 |
DR LAL PATHLABS LTD | 422.50 | 55.60 | 23,489.8 |
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD | 380.02 | 67.53 | 25,662.9 |
RAINBOW CHILDRENS MEDICARE LTD | 232.37 | 60.44 | 14,044.1 |
METROPOLIS HEALTHCARE LTD | 152.81 | 61.85 | 9,450.9 |
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 | 36.85x |
Max industry PE | 110.25x |
Median industry PE | 61.85x |
Average industry PE | 66.53x |
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