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THYROCARE TECHNOLOGIES
PS (Price/Sales) Ratio

The Current P/S Ratio of THYROCARE TECHNOLOGIES is 6.11.

Share Price ₹754.7Feb 12,2025
Market Cap ₹3,999.6 Cr
Sales-TTM₹654.4 CrTTM-Consolidated Results
Price/Sales6.11xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of THYROCARE TECHNOLOGIES

Price-to-Sales ratio, P/S Multiple, or P/S Ratio is an important valuation multiple that is defined as:

P/S = Market Capitalization / Sales

or, using per-share numbers:

P/S = Stock Price / Sales Per Share

Applying the above formula, P/S ratio of THYROCARE TECHNOLOGIES is calculated as :

Current Market Cap [ ₹3,999.6 Cr] as on Feb 12,2025

(/) Sales [ ₹654.4 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 6.11x ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

Thus, for THYROCARE TECHNOLOGIES , the investors are currently willing to pay '6.11 times sales' to own 1 share of the company.

PS Multiples are one of the most widely used valuation multiple in the industry.

P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.

You may also explore Price to Earnings ratio or Price to Book ratio of THYROCARE TECHNOLOGIES !

The chart below summarizes the trend in P/S Ratio of THYROCARE TECHNOLOGIES over the last five years.

Historical PS (Price/Sales) ratio chart of THYROCARE TECHNOLOGIES


PS Ratio Performance Analysis for THYROCARE TECHNOLOGIES

- THYROCARE TECHNOLOGIES 's latest p/e ratio is 6.11x.

- THYROCARE TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 6.49x.

- THYROCARE TECHNOLOGIES 's operated at median p/e ratio of 6.03x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, THYROCARE TECHNOLOGIES 's p/e ratio peaked in Mar2021 at 9.65x.

- THYROCARE TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2023 of 4.32x.


How does THYROCARE TECHNOLOGIES 's P/S Ratio benchmark against top 10 peers in Hospital & Healthcare Services Industry?

Peer Comparison (Hospital & Healthcare Services Industry)Sales (Cr)PS RatioMarket Cap (Cr)
THYROCARE TECHNOLOGIES 654.46.113,999.6
APOLLO HOSPITALS ENTERPRISE LTD21,145.74.3391,650.5
MAX HEALTHCARE INSTITUTE LTD6,541.614.9297,627.4
GLOBAL HEALTH LTD3,569.78.2029,269.3
FORTIS HEALTHCARE LTD7,561.46.1446,437.5
NARAYANA HRUDAYALAYA LTD5,224.05.4028,207.9
ASTER DM HEALTHCARE LTD4,111.75.2321,516.5
DR LAL PATHLABS LTD2,404.29.2822,307.5
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD2,871.98.4624,298.4
RAINBOW CHILDRENS MEDICARE LTD1,486.98.7412,995.1
METROPOLIS HEALTHCARE LTD1,316.96.828,975.2

Hospital & Healthcare Services Industry Benchmark (Top 10) PS Analysis vs THYROCARE TECHNOLOGIES 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 4.33x
Max industry PS 14.92x
Median industry PS 6.82x
Average industry PS 7.60x



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