THYROCARE TECHNOLOGIES
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The Current P/E Ratio of THYROCARE TECHNOLOGIES is 53.37.
| Share Price | ₹583.5 | Jul 27,2026 |
| Market Cap | ₹9,289.3 Cr | |
| Earnings-TTM | ₹174.0 Cr | TTM-Consolidated Results |
| Price/Earnings | 53.37x | 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 [ ₹9,289.3 Cr] as on Jul 27,2026
(/) Earnings [ ₹174.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 53.37x ]
Thus, for THYROCARE TECHNOLOGIES , the investors are currently willing to pay 53.37 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 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 Ratio | Market Cap |
|---|---|---|---|
| THYROCARE TECHNOLOGIES | 174.04 | 53.37 | 9,289.3 |
| APOLLO HOSPITALS ENTERPRISE LTD | 1,957.70 | 64.95 | 127,149.0 |
| MAX HEALTHCARE INSTITUTE LTD | 1,442.41 | 75.20 | 108,476.0 |
| FORTIS HEALTHCARE LTD | 1,047.84 | 67.89 | 71,139.7 |
| ASTER DM HEALTHCARE LTD | 464.10 | 150.83 | 69,999.7 |
| NARAYANA HRUDAYALAYA LTD | 816.04 | 51.44 | 41,973.7 |
| GLOBAL HEALTH LTD | 554.07 | 68.30 | 37,843.7 |
| KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD | 239.40 | 140.34 | 33,598.4 |
| DR LAL PATHLABS LTD | 546.30 | 56.03 | 30,607.3 |
| DR AGARWALS HEALTH CARE LTD | 168.14 | 89.66 | 15,076.2 |
| RAINBOW CHILDRENS MEDICARE LTD | 281.54 | 53.55 | 15,075.5 |
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 | 51.44x |
| Max industry PE | 150.83x |
| Median industry PE | 67.89x |
| Average industry PE | 79.23x |
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