MIC ELECTRONICS
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The Current P/E Ratio of MIC ELECTRONICS is 137.57.
Share Price | ₹83.3 | Nov 22,2024 |
Market Cap | ₹2,008.3 Cr | |
Earnings-TTM | ₹14.6 Cr | TTM-Consolidated Results |
Price/Earnings | 137.57x | 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 [ ₹2,008.3 Cr] as on Nov 22,2024
(/) Earnings [ ₹14.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 137.57x ]
Thus, for MIC ELECTRONICS , the investors are currently willing to pay 137.57 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 | 137.57 | 2,008.3 |
SIEMENS LTD | 2,458.30 | 99.29 | 244,090.0 |
ABB INDIA LTD | 1,687.90 | 86.69 | 146,324.0 |
HAVELLS INDIA LTD | 1,409.89 | 74.06 | 104,417.0 |
CG POWER AND INDUSTRIAL SOLUTIONS LTD | 891.28 | 125.24 | 111,621.0 |
SUZLON ENERGY LTD | 960.05 | 92.61 | 88,908.0 |
HITACHI ENERGY INDIA LTD | 199.34 | 244.98 | 48,833.9 |
APAR INDUSTRIES LTD | 850.25 | 43.84 | 37,277.2 |
GE T&D INDIA LTD | 394.80 | 120.31 | 47,499.2 |
INOX WIND LTD | 178.98 | 134.69 | 24,107.2 |
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD | 197.00 | 94.62 | 18,639.4 |
Electric Equipment Industry Benchmark (Top 10) PE Analysis vs MIC ELECTRONICS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 43.84x |
Max industry PE | 244.98x |
Median industry PE | 99.29x |
Average industry PE | 113.99x |
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