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THYROCARE TECHNOLOGIES
PB (Price/Book ) Ratio

The Current P/B Ratio of THYROCARE TECHNOLOGIES is 14.30.

Share Price ₹519.9Jun 11,2026
Market Cap ₹8,276.8 Cr
Book Value₹578.8 CrMar2026 - Consolidated Results
Price/Book 14.30xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of THYROCARE TECHNOLOGIES

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

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

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

Current Market Cap [ ₹8,276.8 Cr] as on Jun 11,2026

(/) Book Value [ ₹578.8 Cr] based on Mar2026 - Consolidated Results

(=) P/B Ratio [ 14.30x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for THYROCARE TECHNOLOGIES , the investors are currently willing to pay '14.30 times book value' to own 1 share of the company.

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

Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.

In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of THYROCARE TECHNOLOGIES !

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

Historical PB (Price/Book ) ratio chart of THYROCARE TECHNOLOGIES


PB Ratio Performance Analysis for THYROCARE TECHNOLOGIES

- THYROCARE TECHNOLOGIES 's latest p/b ratio is 14.30x.

- THYROCARE TECHNOLOGIES 's p/b ratio for fiscal years ending Mar2026 to Mar2022 averaged 6.87x.

- THYROCARE TECHNOLOGIES 's operated at median p/b ratio of 6.64x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, THYROCARE TECHNOLOGIES 's p/b ratio peaked in Mar2026 at 9.62x.

- THYROCARE TECHNOLOGIES 's p/b ratio hit its five-year low in Mar2023 of 4.29x.


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

Peer Comparison (Hospital & Healthcare Services Industry)Book ValuePB RatioMarket Cap
THYROCARE TECHNOLOGIES 578.7714.308,276.8
APOLLO HOSPITALS ENTERPRISE LTD9,472.3012.90122,159.0
MAX HEALTHCARE INSTITUTE LTD10,746.609.1498,195.4
FORTIS HEALTHCARE LTD9,895.557.5474,661.6
ASTER DM HEALTHCARE LTD4,575.869.2242,185.4
NARAYANA HRUDAYALAYA LTD4,537.268.3938,047.9
GLOBAL HEALTH LTD3,961.578.3433,033.1
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD2,247.4013.6230,612.6
DR LAL PATHLABS LTD2,508.2010.6526,717.3
DR AGARWALS HEALTH CARE LTD2,025.466.8813,942.5
RAINBOW CHILDRENS MEDICARE LTD1,648.078.2613,609.4

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

Top 10 Industry PeersPB Ratio
Min industry PB 6.88x
Max industry PB 14.30x
Median industry PB 9.14x
Average industry PB 9.93x



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