MIRC ELECTRONICS
|
The Current P/E Ratio of MIRC ELECTRONICS is -10.03.
Share Price | ₹20.8 | Nov 29,2024 |
Market Cap | ₹479.3 Cr | |
Earnings-TTM | ₹-47.8 Cr | TTM-Standalone Results |
Price/Earnings | -10.03x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of MIRC ELECTRONICS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹479.3 Cr] as on Nov 29,2024
(/) Earnings [ ₹-47.8 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ -10.03x ]
Thus, for MIRC ELECTRONICS , the investors are currently willing to pay -10.03 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 MIRC 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 MIRC ELECTRONICS over the last five years.
Historical PE (Price/Earnings) ratio chart of MIRC ELECTRONICS
PE Ratio Performance Analysis for MIRC ELECTRONICS
- MIRC ELECTRONICS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 33.59x.
- MIRC 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, MIRC ELECTRONICS 's p/e ratio peaked in Mar2021 at 167.93x.
- MIRC ELECTRONICS 's p/e ratio hit its five-year low in Mar2024 of 0x.
How does MIRC ELECTRONICS 's P/E Ratio benchmark against top 10 peers in Consumer Durables - Electronics Industry?
Peer Comparison (Consumer Durables - Electronics Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
MIRC ELECTRONICS | -47.77 | -10.03 | 479.3 |
DIXON TECHNOLOGIES (INDIA) LTD | 730.99 | 130.37 | 95,300.1 |
HONEYWELL AUTOMATION INDIA LTD | 527.70 | 68.35 | 36,066.0 |
WONDER ELECTRICALS LTD | 11.82 | 152.09 | 1,797.1 |
Consumer Durables - Electronics Industry Benchmark (Top 10) PE Analysis vs MIRC ELECTRONICS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -10.03x |
Max industry PE | 152.09x |
Median industry PE | 130.37x |
Average industry PE | 85.19x |
You may also like the below Video Courses