Thyrocare Technologies P/B Ratio
THYROCARE • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
11.01
High Valuation
Very High - Significant premium, high growth expectations or speculative
Current Valuation Metrics
P/B Ratio
11.01
Current Price
₹349.55
Book Value/Share
₹103.21
Exchange
NSE
Book Value Breakdown (2025)
Balance Sheet Components
Total Equity
₹547 Cr
Share Capital
₹53 Cr
Reserves & Surplus
₹439 Cr
Outstanding Shares
53,000,000
Book Value per Share
₹103.21
Valuation Signal
Signal
Overvalued
Historical Avg
7.96
Historical Range
4.32 - 13.75
Percentile
80.0%
Sector Context
Sector Average
-12.49
Sector Median
1.92
Sector Rank
#11 of 50
Sector Percentile
22.0%
Key P/B Ratio Insights for Thyrocare Technologies
- Stock appears overvalued with PB of 11.01, trading at significant premium to book value
- Trading at high premium to book value - indicates strong growth expectations or asset-light business model
- Current PB is 38.2% above historical average
- Trading at premium to sector average PB of -12.49
P/B Ratio Historical Trend for Thyrocare Technologies
Historical P/B ratio trend based on balance sheet data. P/B below 1.0 may indicate undervaluation, while higher ratios suggest growth expectations or asset-light business models.
Related Pages for Thyrocare Technologies
Additional stock information and data for THYROCARE
Historical P/B Ratio Data
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2025 | 4.32 | ₹103.21 | ₹445.70 | ₹547 | High |
| 2024 | 9.15 | ₹99.62 | ₹911.80 | ₹528 | High |
| 2023 | 6.38 | ₹100.94 | ₹643.55 | ₹535 | High |
| 2022 | 6.22 | ₹99.43 | ₹618.65 | ₹527 | High |
| 2021 | 13.75 | ₹80.57 | ₹1107.55 | ₹427 | High |
Sector P/B Ratio Comparison
Comparing Thyrocare Technologies with other companies in Healthcare Services sector
Sector Average
-12.49
Sector Median
1.92
Lowest P/B
-747.86
Highest P/B
7.33
Companies
50
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Medinova Diagnostic Serv… | MEDINOV | -747.86 | ₹44 | Low |
| Chennai Meenakshi Multis… | CMMHOSP | -10.46 | ₹26 | Low |
| Deccan Health Care | DECCAN | 0.19 | ₹18 | Low |
| Nidan Labs & Healthcare | NIDAN | 0.3 | ₹19 | Low |
| Gian Life Care | GIANLIFE | 0.35 | ₹6 | Low |
| Looks Health Services | LOOKS | 0.4 | ₹6 | Low |
| Ashram Online.Com | ASHRAM | 0.43 | ₹6 | Low |
| Global Longlife Hospital… | GLHRL | 0.53 | ₹15 | Low |
| BOSTON BIO SYSTEMS LTD. | BOSTONBIO | 0.7 | ₹4 | Low |
| Dr Lalchandani Labs | DLCL | 0.76 | ₹8 | Low |