MIC ELECTRONICS
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The Current P/E Ratio of MIC ELECTRONICS is 138.94.
Share Price | ₹54.7 | Jul 18,2025 |
Market Cap | ₹1,319.0 Cr | |
Earnings-TTM | ₹9.5 Cr | TTM-Standalone Results |
Price/Earnings | 138.94x | 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 [ ₹1,319.0 Cr] as on Jul 18,2025
(/) Earnings [ ₹9.5 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 138.94x ]
Thus, for MIC ELECTRONICS , the investors are currently willing to pay 138.94 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 Mar2024 to Mar2020 averaged 389.08x.
- MIC ELECTRONICS 's operated at median p/e ratio of 14.16x 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 | 9.49 | 138.94 | 1,319.0 |
SIEMENS LTD | 2,189.30 | 50.85 | 111,325.0 |
ABB INDIA LTD | 1,889.13 | 63.39 | 119,755.0 |
HAVELLS INDIA LTD | 1,470.24 | 64.78 | 95,241.3 |
CG POWER AND INDUSTRIAL SOLUTIONS LTD | 972.98 | 108.04 | 105,116.0 |
SUZLON ENERGY LTD | 2,071.63 | 43.04 | 89,158.5 |
WAAREE ENERGIES LTD | 2,002.17 | 44.79 | 89,679.8 |
HITACHI ENERGY INDIA LTD | 383.98 | 221.32 | 84,982.1 |
GE VERNOVA T&D INDIA LTD | 608.33 | 99.26 | 60,384.7 |
APAR INDUSTRIES LTD | 821.42 | 43.50 | 35,730.7 |
INOX WIND LTD | 440.00 | 60.70 | 26,708.8 |
Electric Equipment Industry Benchmark (Top 10) PE Analysis vs MIC ELECTRONICS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 43.04x |
Max industry PE | 221.32x |
Median industry PE | 63.39x |
Average industry PE | 85.33x |
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