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Thyrocare Technologies Ltd PE Ratio

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Thyrocare Technologies Ltd

NSE: THYROCARE

PE

46.5

Last updated on: Apr 24, 2025

Key Highlights

  • The P/E Ratio of Thyrocare Technologies Ltd is 46.5 as of 24 Apr 10:26 AM .
  • The P/E Ratio of Thyrocare Technologies Ltd changed from 29.6 on March 2020 to 44.3 on March 2024 . This represents a CAGR of 8.40% over 5 years.
  • The Latest Trading Price of Thyrocare Technologies Ltd is ₹ 892.5 as of 24 Apr 10:20 .
  • The PE Ratio of Healthcare Industry has changed from 35.5 to 62.3 in 5 years. This represents a CAGR of 11.91%.
  • The PE Ratio of Automobile industry is 20.3. The PE Ratio of Finance industry is 17.8. The PE Ratio of Healthcare industry is 62.3. The PE Ratio of IT - Software industry is 26.9. The PE Ratio of Retail industry is 159.2. The PE Ratio of Textiles industry is 37.1 in 2024.

Historical P/E Ratio of Thyrocare Technologies Ltd

No data available

Company Fundamentals for Thyrocare Technologies Ltd

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Thyrocare Technologies Ltd

NSE: THYROCARE

Share Price

₹ 892.5

123.65 (16.08%)

stock direction

Last updated on: Apr 24, 2025

Market Price of Thyrocare Technologies Ltd

1M

1Y

3Y

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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
23 Apr 2025768.85
22 Apr 2025794.3
21 Apr 2025730.8
17 Apr 2025709
16 Apr 2025707.65
15 Apr 2025713.4
11 Apr 2025703
09 Apr 2025705.55
08 Apr 2025684.35
07 Apr 2025677.55

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/E Ratio

Company
leftMarket Capright
Thyrocare Technologies Ltd4074
Max Healthcare Institute Ltd109833
Apollo Hospitals Enterprise Ltd102644
Fortis Healthcare Ltd51114
Narayana Hrudayalaya Ltd36784
Global Health Ltd33496

PE Ratio of Thyrocare Technologies Ltd Explained

4074

Market cap

91

Earnings

46.5X

PE Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio of Healthcare Industry over time

PE Ratio of Top Sectors

Historical Market Cap of Thyrocare Technologies Ltd

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

Historical Dividend Payout of Thyrocare Technologies Ltd

No data available

* All values are in %

About Thyrocare Technologies Ltd

  • Thyrocare Technologies Limited was incorporated in January, 2000.
  • The Company operates in the healthcare industry and is involved in providing quality diagnostic services at affordable costs to patients, laboratories and hospitals in India. As of 31 March 2024, the Company offered 929 distinct tests and 90 profiles of tests to detect a number of disorders, including thyroid disorders, growth disorders, metabolism disorders, auto-immunity, diabetes, anemia, cardiovascular disorders, infertility and various infectious diseases.
  • Their 43 profiles are administered under its reputed 'Aarogyam' brand, which offers patients a suite of wellness and preventive health care tests.
  • The Company primarily operates its testing services through a fully automated Centralised Processing Laboratory (the CPL) and has expanded its operations to include a network of Regional Processing Laboratories (RPLs).

Thyrocare Technologies Ltd News Hub

Thyrocare Technologies AGM scheduled

Thyrocare Technologies announced that the Annual General Meeting (AGM) of the company will be held o

Read more

06 Aug 24

Thyrocare Tech to acquire diagnostic and pathological services of Vimta Lab

Thyrocare Technologies said that it shall have access to 11 centres of Vimta Labs at the locations s

Read more

30 Aug 24

Thyrocare to acquire diagnostic and pathological services of Vimta Lab

Thyrocare Technologies has signed a Business Transfer Agreement for purchase of the diagnostic and p

Read more

30 Aug 24

Thyrocare Technologies announces cessation of director

Thyrocare Technologies announced the cessation of Neetin Shivajirao Desai (DIN No: 02622364) as Inde

Read more

19 Sept 24

Product Composition by Percentage (Revenue)

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Annual Reports

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Credit Ratings

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Concalls

Data not available

FAQs for PE of Thyrocare Technologies Ltd

What is the current PE Ratio of Thyrocare Technologies Ltd?

The Current PE Ratio of Thyrocare Technologies Ltd is 46.46 as on 24 Apr 2025.

What is the average PE Ratio of the Healthcare industry?

The average industry PE Ratio of Healthcare is 62.3 as on 24 Apr 2025.

What was the PE Ratio of Thyrocare Technologies Ltd last year?

The PE Ratio of Thyrocare Technologies Ltd was 35.28 last year, now the PE ratio is 46.46, showing a year-on-year growth of 31.7%.

What does the PE Ratio of Thyrocare Technologies Ltd indicate about its stock?

The PE Ratio of Thyrocare Technologies Ltd is 46.46. This ratio indicates that investors are willing to pay 46.46 times the earnings per share for each share of Thyrocare Technologies Ltd.

What is the PE Ratio Growth of Thyrocare Technologies Ltd in comparison to its Earnings per Share (EPS) growth rate?

The PE Ratio of Thyrocare Technologies Ltd grew by 31.7% whereas, the EPS ratio grew by 16.5.

How does the PE ratio of Thyrocare Technologies Ltd compare to industry peers?

The PE ratio of Thyrocare Technologies Ltd PE Ratio can indicate whether it is overvalued or undervalued compared to competitors in the same industry. A lower PE ratio may suggest an undervalued stock, while a higher PE ratio could indicate premium pricing.

Is a high PE ratio for Thyrocare Technologies Ltd PE Ratio good or bad?

A high PE ratio may indicate strong future growth expectations, but it can also suggest overvaluation. It is best to compare it with industry averages and historical trends of Thyrocare Technologies Ltd PE Ratio.

What factors influence the PE ratio of Thyrocare Technologies Ltd PE Ratio?

The PE ratio of Thyrocare Technologies Ltd PE Ratio is influenced by factors such as earnings growth, investor sentiment, macroeconomic conditions, and sector trends.

How often does the PE ratio of Thyrocare Technologies Ltd PE Ratio change?

The PE ratio changes as the share price or earnings of Thyrocare Technologies Ltd PE Ratio fluctuate, and it is updated whenever there is a significant movement in either of these factors.

Where can I find the latest PE ratio of Thyrocare Technologies Ltd PE Ratio?

You can check the latest PE ratio of Thyrocare Technologies Ltd PE Ratio on BlinkX Website above or any other stock market platforms, or at the company’s official website.

What is a good PE ratio for Thyrocare Technologies Ltd PE Ratio?

A "good" PE ratio depends on industry standards and market conditions. It is advisable to compare Thyrocare Technologies Ltd PE ratio with its historical average and competitors.

Can the PE ratio of Thyrocare Technologies Ltd PE Ratio predict future stock performance?

While the Thyrocare Technologies Ltd PE ratio is a useful indicator of valuation, it should be used alongside other financial metrics and market analysis to make informed investment decisions.
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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