THYROCARE TECHNOLOGIES
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The Current P/E Ratio of THYROCARE TECHNOLOGIES is 43.24.
| Share Price | ₹472.8 | Oct 22,2026 |
| Market Cap | ₹7,526.2 Cr | |
| Earnings-TTM | ₹174.0 Cr | TTM-Consolidated Results |
| Price/Earnings | 43.24x | 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 [ ₹7,526.2 Cr] as on Oct 22,2026
(/) Earnings [ ₹174.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 43.24x ]
Thus, for THYROCARE TECHNOLOGIES , the investors are currently willing to pay 43.24 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 Mar2026 to Mar2022 averaged 22.13x.
- THYROCARE TECHNOLOGIES 's operated at median p/e ratio of 13.24x 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 7.75x.
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 | 174.04 | 43.24 | 7,526.2 |
| APOLLO HOSPITALS ENTERPRISE LTD | 2,127.30 | 51.30 | 109,133.0 |
| MAX HEALTHCARE INSTITUTE LTD | 1,457.40 | 54.32 | 79,169.1 |
| FORTIS HEALTHCARE LTD | 1,052.40 | 51.94 | 54,659.0 |
| ASTER DM HEALTHCARE LTD | 402.49 | 141.71 | 57,037.9 |
| NARAYANA HRUDAYALAYA LTD | 828.72 | 41.75 | 34,600.3 |
| GLOBAL HEALTH LTD | 552.34 | 58.33 | 32,217.9 |
| KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD | 190.80 | 147.40 | 28,123.6 |
| DR LAL PATHLABS LTD | 546.30 | 56.67 | 30,956.4 |
| DR AGARWALS HEALTH CARE LTD | 185.10 | 80.22 | 14,848.8 |
| RAINBOW CHILDRENS MEDICARE LTD | 290.28 | 41.95 | 12,177.8 |
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 | 41.75x |
| Max industry PE | 147.40x |
| Median industry PE | 54.32x |
| Average industry PE | 69.89x |
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