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THYROCARE TECHNOLOGIES
PS (Price/Sales) Ratio

The Current P/S Ratio of THYROCARE TECHNOLOGIES is 10.24.

Share Price ₹533.0Jun 17,2026
Market Cap ₹8,485.4 Cr
Sales-TTM₹829.0 CrTTM-Consolidated Results
Price/Sales10.24xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of THYROCARE TECHNOLOGIES

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

P/S = Market Capitalization / Sales

or, using per-share numbers:

P/S = Stock Price / Sales Per Share

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

Current Market Cap [ ₹8,485.4 Cr] as on Jun 17,2026

(/) Sales [ ₹829.0 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 10.24x ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

Thus, for THYROCARE TECHNOLOGIES , the investors are currently willing to pay '10.24 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 latest p/e ratio is 10.24x.

- THYROCARE TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 5.74x.

- THYROCARE TECHNOLOGIES 's operated at median p/e ratio of 5.48x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, THYROCARE TECHNOLOGIES 's p/e ratio peaked in Mar2022 at 6.95x.

- 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 RatioMarket Cap (Cr)
THYROCARE TECHNOLOGIES 829.010.248,485.4
APOLLO HOSPITALS ENTERPRISE LTD25,228.54.81121,241.0
MAX HEALTHCARE INSTITUTE LTD8,373.511.9399,869.4
FORTIS HEALTHCARE LTD9,127.87.8671,709.7
ASTER DM HEALTHCARE LTD4,643.28.5539,716.6
NARAYANA HRUDAYALAYA LTD7,896.04.7737,662.7
GLOBAL HEALTH LTD4,410.27.6533,732.1
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD3,904.68.1631,863.1
DR LAL PATHLABS LTD2,762.910.0127,668.6
DR AGARWALS HEALTH CARE LTD2,080.16.7614,056.6
RAINBOW CHILDRENS MEDICARE LTD1,703.18.6114,656.0

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

Top 10 Industry PeersPS Ratio
Min industry PS 4.77x
Max industry PS 11.93x
Median industry PS 8.16x
Average industry PS 8.12x



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