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Thyrocare Technologies Ltd PB Ratio

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Thyrocare Technologies Ltd

NSE: THYROCARE

PB

10.4

Last updated on: 22 Nov 24

Key Highlights

  • The latest PB Ratio of Thyrocare Technologies Ltd is 10.4.
  • The PB ratio of the Thyrocare Technologies Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Thyrocare Technologies Ltd changed from 6.4 on March 2019 to 6.4 on March 2024 . This represents a CAGR of 0.00% over 6 years.

Historical P/B Ratio of Thyrocare Technologies Ltd

No data available

Company Fundamentals for Thyrocare Technologies Ltd

Market Cap

5,071 Cr

EPS

15.9

P/E Ratio (TTM)

60.4

P/B Ratio (TTM)

10.4

Day’s High

975.9

Day’s Low

945.6

DTE

0.0

ROE

17.2

52 Week High

1002.0

52 Week Low

547.6

ROCE

23.1

Market Price of Thyrocare Technologies Ltd

1M

1Y

3Y

5Y

Monitoring Thyrocare Technologies Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
22 Nov 2024957.45
21 Nov 2024970.35
19 Nov 2024964.7
18 Nov 2024982.95
14 Nov 2024976.4

SWOT Analysis Of Thyrocare Technologies Ltd

Strength

1

che

Weakness

2

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Thyrocare Technologies Ltd

Asset Value vs Market Value of Thyrocare Technologies Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Thyrocare Technologies Ltd10.39
Apollo Hospitals Enterprise Ltd569.6
Max Healthcare Institute Ltd81.7
Fortis Healthcare Ltd120.2
Syngene International Ltd107.3

Historical Market Cap of Thyrocare Technologies Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Thyrocare Technologies Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Thyrocare Technologies Ltd

What is the PB ratio of Thyrocare Technologies Ltd?

The current PB ratio of Thyrocare Technologies Ltd is 10.39. The Price-to-Book value (P/B) ratio compares a company's current share price to its book value per share. It helps assess whether a stock is overvalued or undervalued relative to its net asset value.

What is the ideal PB ratio to buy Thyrocare Technologies Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Thyrocare Technologies Ltd. Some investors and financial analysts may also consider any value under 3.0 as a good PB ratio.

How is the PB Ratio of Thyrocare Technologies Ltd calculated?

The PB ratio of Thyrocare Technologies Ltd is calculated by dividing the current share price by the book value per share. The book value per share is determined by dividing the company’s total net assets (assets minus liabilities) by the number of outstanding shares. This ratio helps evaluate how the market values the company's assets.

What does a high PB Ratio mean for Thyrocare Technologies Ltd?

A high PB ratio suggests that Thyrocare Technologies Ltd’s stock may be overvalued relative to its book value or that investors expect high growth.

What does a low PB Ratio indicate for Thyrocare Technologies Ltd?

A low PB ratio of Thyrocare Technologies Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Thyrocare Technologies Ltd PB Ratio change over time?

Yes, the PB ratio of Thyrocare Technologies Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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