Thyrocare Technologies P/B Ratio

THYROCARE • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
13.95
High Valuation
Very High - Significant premium, high growth expectations or speculative

Current Valuation Metrics

P/B Ratio 13.95
Current Price ₹463.90
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 100.0%

Sector Context

Sector Average -12.18
Sector Median 2.3
Sector Rank #11 of 50
Sector Percentile 22.0%

Key P/B Ratio Insights for Thyrocare Technologies

  • Stock appears overvalued with PB of 13.95, 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 75.2% above historical average
  • Trading at premium to sector average PB of -12.18

View the current stock price of Thyrocare Technologies for more insights.

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.

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
-12.18
Sector Median
2.3
Lowest P/B
-747.86
Highest P/B
8.12
Companies
50
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Medinova Diagnostic Serv… MEDINOV -747.86 ₹44 Low
Chennai Meenakshi Multis… CMMHOSP -13.36 ₹36 Low
Deccan Health Care DECCAN 0.34 ₹38 Low
Nidan Labs & Healthcare NIDAN 0.38 ₹26 Low
Looks Health Services LOOKS 0.4 ₹6 Low
Ashram Online.Com ASHRAM 0.48 ₹6 Low
Gian Life Care GIANLIFE 0.5 ₹10 Low
Dr Lalchandani Labs DLCL 0.76 ₹8 Low
BOSTON BIO SYSTEMS LTD. BOSTONBIO 0.81 ₹5 Low
Global Longlife Hospital… GLHRL 0.92 ₹26 Low