MIC ELECTRONICS
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The Current P/B Ratio of MIC ELECTRONICS is 379.75.
Share Price | ₹73.0 | Feb 10,2025 |
Market Cap | ₹1,759.8 Cr | |
Book Value | ₹4.6 Cr | Mar2023 - Consolidated Results |
Price/Book | 379.75x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of MIC ELECTRONICS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹1,759.8 Cr] as on Feb 10,2025
(/) Book Value [ ₹4.6 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 379.75x ]
Thus, for MIC ELECTRONICS , the investors are currently willing to pay '379.75 times book value' to own 1 share of the company.
PB Multiples are one of the most widely used valuation multiple in industry.
Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.
In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of MIC ELECTRONICS !
The chart below summarizes the trend in P/B Ratio of MIC ELECTRONICS over the last five years.
Historical PB (Price/Book ) ratio chart of MIC ELECTRONICS
PB Ratio Performance Analysis for MIC ELECTRONICS
- MIC ELECTRONICS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 28.11x.
- MIC ELECTRONICS 's operated at median p/b ratio of -0.08x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MIC ELECTRONICS 's p/b ratio peaked in Mar2022 at 84.56x.
- MIC ELECTRONICS 's p/b ratio hit its five-year low in Mar2021 of -0.27x.
How does MIC ELECTRONICS 's P/B Ratio benchmark against top 10 peers in Electric Equipment Industry?
Peer Comparison (Electric Equipment Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
MIC ELECTRONICS | 4.63 | 379.75 | 1,759.8 |
SIEMENS LTD | 15,356.70 | 12.41 | 190,560.0 |
ABB INDIA LTD | 5,944.53 | 19.88 | 118,187.0 |
HAVELLS INDIA LTD | 7,440.20 | 13.46 | 100,110.0 |
CG POWER AND INDUSTRIAL SOLUTIONS LTD | 2,996.13 | 30.22 | 90,532.0 |
SUZLON ENERGY LTD | 3,891.17 | 18.50 | 71,993.3 |
HITACHI ENERGY INDIA LTD | 1,359.87 | 38.08 | 51,787.9 |
APAR INDUSTRIES LTD | 3,876.44 | 6.94 | 26,918.8 |
GE T&D INDIA LTD | 1,242.94 | 34.05 | 42,318.1 |
INOX WIND LTD | 1,697.35 | 12.95 | 21,988.5 |
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD | 282.78 | 54.72 | 15,474.8 |
Electric Equipment Industry Benchmark (Top 10) PB Analysis vs MIC ELECTRONICS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 6.94x |
Max industry PB | 379.75x |
Median industry PB | 19.88x |
Average industry PB | 56.45x |
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