MIRC ELECTRONICS
|
The Current P/S Ratio of MIRC ELECTRONICS is 0.49.
Share Price | ₹20.8 | Nov 29,2024 |
Market Cap | ₹479.3 Cr | |
Sales-TTM | ₹970.5 Cr | TTM-Standalone Results |
Price/Sales | 0.49x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of MIRC ELECTRONICS
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹479.3 Cr] as on Nov 29,2024
(/) Sales [ ₹970.5 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 0.49x ]
Thus, for MIRC ELECTRONICS , the investors are currently willing to pay '0.49 times sales' to own 1 share of the company.
PS Multiples are one of the most widely used valuation multiple in the industry.
P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.
You may also explore Price to Earnings ratio or Price to Book ratio of MIRC ELECTRONICS !
The chart below summarizes the trend in P/S Ratio of MIRC ELECTRONICS over the last five years.
Historical PS (Price/Sales) ratio chart of MIRC ELECTRONICS
PS Ratio Performance Analysis for MIRC ELECTRONICS
- MIRC ELECTRONICS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.32x.
- MIRC ELECTRONICS 's operated at median p/e ratio of 0.37x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MIRC ELECTRONICS 's p/e ratio peaked in Mar2024 at 0.45x.
- MIRC ELECTRONICS 's p/e ratio hit its five-year low in Mar2020 of 0.15x.
How does MIRC ELECTRONICS 's P/S Ratio benchmark against top 10 peers in Consumer Durables - Electronics Industry?
Peer Comparison (Consumer Durables - Electronics Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
MIRC ELECTRONICS | 970.5 | 0.49 | 479.3 |
DIXON TECHNOLOGIES (INDIA) LTD | 27,590.1 | 3.45 | 95,300.1 |
HONEYWELL AUTOMATION INDIA LTD | 4,006.0 | 9.00 | 36,066.0 |
WONDER ELECTRICALS LTD | 751.4 | 2.39 | 1,797.1 |
Consumer Durables - Electronics Industry Benchmark (Top 10) PS Analysis vs MIRC ELECTRONICS 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.49x |
Max industry PS | 9.00x |
Median industry PS | 3.45x |
Average industry PS | 3.83x |
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