THYROCARE TECH LTD Financial Ratios

THYROCARE · Healthcare · Current price ₹520.6

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P/E ratio
50.8x
P/B ratio
16.6x
ROE
28.4%
ROCE
35.0%
Debt / Equity
0.09
Dividend yield
2.6%
Ratio reference
RatioValueWhat it means
P/E50.8xPrice paid per ₹1 of annual earnings — lower is cheaper (context-dependent).
P/B16.6xPrice relative to book value — <1 can signal deep value or trouble.
ROE28.4%Return on equity — how much profit the company earns on shareholder capital.
ROCE35.0%Return on capital employed — efficiency including debt. >15% is strong.
D/E0.09Leverage — higher means more debt-funded, riskier in downturns.
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THYROCARE TECH LTD profitability

THYROCARE TECH LTD generates a return on equity of 28.4% and a return on capital employed of 35.0%. An ROE consistently above 15% usually points to a quality business with a durable advantage; below 10% suggests weak profitability or a capital-heavy model.

Leverage & valuation

With a debt-to-equity of 0.09 and a P/E of 50.8x, THYROCARE TECH LTD is conservatively financed. Our overall business-quality score for the company is 6.2 / 10.

Understand the ratios

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DocStoX estimates are generated by a deterministic valuation engine from reported financials — for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.