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THYROCARE TECHNOLOGIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of THYROCARE TECHNOLOGIES is 55.21.

Share Price ₹603.6Aug 07,2026
Market Cap ₹9,608.5 Cr
Earnings-TTM₹174.0 CrTTM-Consolidated Results
Price/Earnings55.21xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of THYROCARE TECHNOLOGIES

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

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

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

Current Market Cap [ ₹9,608.5 Cr] as on Aug 07,2026

(/) Earnings [ ₹174.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 55.21x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for THYROCARE TECHNOLOGIES , the investors are currently willing to pay 55.21 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 latest p/e ratio is 55.21x.

- 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 RatioMarket Cap
THYROCARE TECHNOLOGIES 174.0455.219,608.5
APOLLO HOSPITALS ENTERPRISE LTD1,957.7065.96129,126.0
MAX HEALTHCARE INSTITUTE LTD1,442.4172.40104,432.0
FORTIS HEALTHCARE LTD1,052.4068.8772,476.0
ASTER DM HEALTHCARE LTD402.49188.4875,861.6
NARAYANA HRUDAYALAYA LTD828.7246.4638,501.6
GLOBAL HEALTH LTD552.3470.8339,120.8
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD190.80178.5234,062.5
DR LAL PATHLABS LTD546.3059.3432,417.5
DR AGARWALS HEALTH CARE LTD185.1093.5817,322.3
RAINBOW CHILDRENS MEDICARE LTD290.2854.4315,800.2

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

Top 10 Industry PeersPE Ratio
Min industry PE 46.46x
Max industry PE 188.48x
Median industry PE 68.87x
Average industry PE 86.73x



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