MIC ELECTRONICS
|
The Current P/E Ratio of MIC ELECTRONICS is 81.56.
| Share Price | ₹30.0 | Mar 30,2026 |
| Market Cap | ₹723.0 Cr | |
| Earnings-TTM | ₹8.9 Cr | TTM-Standalone Results |
| Price/Earnings | 81.56x | Calculated as Market Cap/Earnings |
|---|---|---|
| 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 [ ₹723.0 Cr] as on Mar 30,2026
(/) Earnings [ ₹8.9 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 81.56x ]
Thus, for MIC ELECTRONICS , the investors are currently willing to pay 81.56 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 Mar2025 to Mar2021 averaged 415.27x.
- MIC ELECTRONICS 's operated at median p/e ratio of 130.95x 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 1799.25x.
- 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 | 8.87 | 81.56 | 723.0 |
| SIEMENS LTD | 1,585.50 | 65.89 | 104,473.0 |
| ABB INDIA LTD | 1,669.40 | 75.36 | 125,799.0 |
| HAVELLS INDIA LTD | 1,466.65 | 50.93 | 74,700.0 |
| CG POWER AND INDUSTRIAL SOLUTIONS LTD | 1,109.48 | 93.06 | 103,252.0 |
| SUZLON ENERGY LTD | 3,230.02 | 16.80 | 54,269.0 |
| WAAREE ENERGIES LTD | 3,402.36 | 26.27 | 89,375.8 |
| HITACHI ENERGY INDIA LTD | 841.27 | 128.29 | 107,924.0 |
| GE VERNOVA T&D INDIA LTD | 1,067.97 | 87.30 | 93,231.7 |
| APAR INDUSTRIES LTD | 973.60 | 40.74 | 39,667.6 |
| INOX WIND LTD | 534.95 | 24.37 | 13,034.4 |
Electric Equipment Industry Benchmark (Top 10) PE Analysis vs MIC ELECTRONICS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 16.80x |
| Max industry PE | 128.29x |
| Median industry PE | 65.89x |
| Average industry PE | 62.78x |
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