MIC ELECTRONICS
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The Current P/E Ratio of MIC ELECTRONICS is 120.55.
Share Price | ₹73.0 | Feb 10,2025 |
Market Cap | ₹1,759.8 Cr | |
Earnings-TTM | ₹14.6 Cr | TTM-Consolidated Results |
Price/Earnings | 120.55x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of MIC ELECTRONICS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,759.8 Cr] as on Feb 10,2025
(/) Earnings [ ₹14.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 120.55x ]
Thus, for MIC ELECTRONICS , the investors are currently willing to pay 120.55 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of MIC ELECTRONICS !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of MIC ELECTRONICS over the last five years.
Historical PE (Price/Earnings) ratio chart of MIC ELECTRONICS
PE Ratio Performance Analysis for MIC ELECTRONICS
- MIC ELECTRONICS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 236.29x.
- MIC ELECTRONICS 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MIC ELECTRONICS 's p/e ratio peaked in Mar2023 at 1056.25x.
- MIC ELECTRONICS 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does MIC ELECTRONICS 's P/E Ratio benchmark against top 10 peers in Electric Equipment Industry?
Peer Comparison (Electric Equipment Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
MIC ELECTRONICS | 14.60 | 120.55 | 1,759.8 |
SIEMENS LTD | 2,717.80 | 70.12 | 190,560.0 |
ABB INDIA LTD | 1,687.90 | 70.02 | 118,187.0 |
HAVELLS INDIA LTD | 1,399.94 | 71.51 | 100,110.0 |
CG POWER AND INDUSTRIAL SOLUTIONS LTD | 932.53 | 97.08 | 90,532.0 |
SUZLON ENERGY LTD | 1,144.77 | 62.89 | 71,993.3 |
HITACHI ENERGY INDIA LTD | 313.75 | 165.06 | 51,787.9 |
APAR INDUSTRIES LTD | 807.60 | 33.33 | 26,918.8 |
GE T&D INDIA LTD | 488.13 | 86.69 | 42,318.1 |
INOX WIND LTD | 287.33 | 76.53 | 21,988.5 |
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD | 197.00 | 78.55 | 15,474.8 |
Electric Equipment Industry Benchmark (Top 10) PE Analysis vs MIC ELECTRONICS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 33.33x |
Max industry PE | 165.06x |
Median industry PE | 76.53x |
Average industry PE | 84.76x |
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