THYROCARE TECHNOLOGIES
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The Current P/S Ratio of THYROCARE TECHNOLOGIES is 5.67.
Share Price | ₹592.2 | Mar 28,2024 |
Market Cap | ₹3,138.7 Cr | |
Sales-TTM | ₹553.5 Cr | TTM-Consolidated Results |
Price/Sales | 5.67x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of THYROCARE TECHNOLOGIES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹3,138.7 Cr] as on Mar 28,2024
(/) Sales [ ₹553.5 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 5.67x ]
Thus, for THYROCARE TECHNOLOGIES , the investors are currently willing to pay '5.67 times sales' to own 1 share of the company.
PS Multiples are one of the most widely used valuation multiple in the industry.
P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.
You may also explore Price to Earnings ratio or Price to Book ratio of THYROCARE TECHNOLOGIES !
The chart below summarizes the trend in P/S Ratio of THYROCARE TECHNOLOGIES over the last five years.
Historical PS (Price/Sales) ratio chart of THYROCARE TECHNOLOGIES
PS Ratio Performance Analysis for THYROCARE TECHNOLOGIES
- THYROCARE TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 6.78x.
- THYROCARE TECHNOLOGIES 's operated at median p/e ratio of 6.95x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, THYROCARE TECHNOLOGIES 's p/e ratio peaked in Mar2021 at 9.65x.
- THYROCARE TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2023 of 4.32x.
How does THYROCARE TECHNOLOGIES 's P/S Ratio benchmark against top 10 peers in Hospital & Healthcare Services Industry?
Peer Comparison (Hospital & Healthcare Services Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
THYROCARE TECHNOLOGIES | 553.5 | 5.67 | 3,138.7 |
APOLLO HOSPITALS ENTERPRISE LTD | 18,417.5 | 4.96 | 91,330.6 |
MAX HEALTHCARE INSTITUTE LTD | 5,197.6 | 15.34 | 79,735.7 |
GLOBAL HEALTH LTD | 3,153.0 | 11.27 | 35,542.3 |
FORTIS HEALTHCARE LTD | 6,749.7 | 4.70 | 31,700.7 |
NARAYANA HRUDAYALAYA LTD | 4,963.9 | 5.27 | 26,163.3 |
ASTER DM HEALTHCARE LTD | 13,504.9 | 1.51 | 20,437.6 |
DR LAL PATHLABS LTD | 2,172.2 | 8.70 | 18,888.1 |
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD | 2,440.3 | 6.75 | 16,470.5 |
RAINBOW CHILDRENS MEDICARE LTD | 1,272.8 | 10.35 | 13,174.9 |
METROPOLIS HEALTHCARE LTD | 1,159.3 | 7.63 | 8,843.8 |
Hospital & Healthcare Services Industry Benchmark (Top 10) PS Analysis vs THYROCARE TECHNOLOGIES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.51x |
Max industry PS | 15.34x |
Median industry PS | 6.75x |
Average industry PS | 7.47x |
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