THYROCARE TECHNOLOGIES
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The Current P/E Ratio of THYROCARE TECHNOLOGIES is 51.48.
| Share Price | ₹522.1 | Jun 01,2026 |
| Market Cap | ₹8,311.8 Cr | |
| Earnings-TTM | ₹161.5 Cr | TTM-Consolidated Results |
| Price/Earnings | 51.48x | 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 [ ₹8,311.8 Cr] as on Jun 01,2026
(/) Earnings [ ₹161.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 51.48x ]
Thus, for THYROCARE TECHNOLOGIES , the investors are currently willing to pay 51.48 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 | 161.46 | 51.48 | 8,311.8 |
| APOLLO HOSPITALS ENTERPRISE LTD | 1,957.70 | 59.49 | 116,457.0 |
| MAX HEALTHCARE INSTITUTE LTD | 1,442.41 | 63.33 | 91,343.8 |
| FORTIS HEALTHCARE LTD | 1,047.84 | 66.92 | 70,124.3 |
| ASTER DM HEALTHCARE LTD | 464.10 | 80.51 | 37,364.3 |
| NARAYANA HRUDAYALAYA LTD | 816.04 | 47.69 | 38,914.4 |
| GLOBAL HEALTH LTD | 554.07 | 56.70 | 31,414.5 |
| KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD | 239.40 | 125.96 | 30,154.5 |
| DR LAL PATHLABS LTD | 509.80 | 51.90 | 26,459.1 |
| DR AGARWALS HEALTH CARE LTD | 168.14 | 90.60 | 15,234.2 |
| RAINBOW CHILDRENS MEDICARE LTD | 281.54 | 49.23 | 13,860.8 |
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 | 47.69x |
| Max industry PE | 125.96x |
| Median industry PE | 59.49x |
| Average industry PE | 67.62x |
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