MIRC ELECTRONICS
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The Current P/E Ratio of MIRC ELECTRONICS is -19.96.
| Share Price | ₹40.4 | Jun 01,2026 |
| Market Cap | ₹1,492.0 Cr | |
| Earnings-TTM | ₹-74.7 Cr | TTM-Standalone Results |
| Price/Earnings | -19.96x | 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 [ ₹1,492.0 Cr] as on Jun 01,2026
(/) Earnings [ ₹-74.7 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ -19.96x ]
Thus, for MIRC ELECTRONICS , the investors are currently willing to pay -19.96 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 Mar2025 to Mar2021 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 Mar2025 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 | -74.74 | -19.96 | 1,492.0 |
| DIXON TECHNOLOGIES (INDIA) LTD | 1,622.80 | 43.16 | 70,045.7 |
| HONEYWELL AUTOMATION INDIA LTD | 525.00 | 58.99 | 30,967.5 |
| IFB INDUSTRIES LTD | 144.96 | 35.08 | 5,085.5 |
| WONDER ELECTRICALS LTD | 9.11 | 135.77 | 1,236.9 |
| ELIN ELECTRONICS LTD | 22.59 | 24.42 | 551.8 |
| CALCOM VISION LTD | 3.15 | 33.55 | 105.7 |
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 | -19.96x |
| Max industry PE | 135.77x |
| Median industry PE | 35.08x |
| Average industry PE | 44.43x |
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