THYROCARE TECHNOLOGIES
|
The Current P/E Ratio of THYROCARE TECHNOLOGIES is 59.51.
| Share Price | ₹474.3 | Jan 20,2026 |
| Market Cap | ₹7,550.1 Cr | |
| Earnings-TTM | ₹126.9 Cr | TTM-Consolidated Results |
| Price/Earnings | 59.51x | 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 [ ₹7,550.1 Cr] as on Jan 20,2026
(/) Earnings [ ₹126.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 59.51x ]
Thus, for THYROCARE TECHNOLOGIES , the investors are currently willing to pay 59.51 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 Mar2025 to Mar2021 averaged 36.85x.
- THYROCARE TECHNOLOGIES 's operated at median p/e ratio of 39.72x 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 | 126.88 | 59.51 | 7,550.1 |
| MAX HEALTHCARE INSTITUTE LTD | 1,357.07 | 71.16 | 96,570.4 |
| APOLLO HOSPITALS ENTERPRISE LTD | 1,693.20 | 58.63 | 99,274.7 |
| FORTIS HEALTHCARE LTD | 1,024.62 | 63.15 | 64,699.9 |
| GLOBAL HEALTH LTD | 561.62 | 51.44 | 28,886.9 |
| NARAYANA HRUDAYALAYA LTD | 845.35 | 43.99 | 37,186.5 |
| KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD | 355.60 | 69.48 | 24,706.6 |
| DR LAL PATHLABS LTD | 539.80 | 42.73 | 23,065.1 |
| ASTER DM HEALTHCARE LTD | 398.12 | 71.75 | 28,566.6 |
| RAINBOW CHILDRENS MEDICARE LTD | 254.92 | 48.20 | 12,286.6 |
| JUPITER LIFE LINE HOSPITALS LTD | 198.74 | 44.24 | 8,792.7 |
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 | 42.73x |
| Max industry PE | 71.75x |
| Median industry PE | 58.63x |
| Average industry PE | 56.75x |
You may also like the below Video Courses