MIC ELECTRONICS
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The Current P/E Ratio of MIC ELECTRONICS is 107.94.
| Share Price | ₹43.0 | Dec 30,2025 |
| Market Cap | ₹1,036.5 Cr | |
| Earnings-TTM | ₹9.6 Cr | TTM-Standalone Results |
| Price/Earnings | 107.94x | 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 [ ₹1,036.5 Cr] as on Dec 30,2025
(/) Earnings [ ₹9.6 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 107.94x ]
Thus, for MIC ELECTRONICS , the investors are currently willing to pay 107.94 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 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 | 9.60 | 107.94 | 1,036.5 |
| SIEMENS LTD | 1,688.80 | 63.90 | 107,913.0 |
| ABB INDIA LTD | 1,766.99 | 61.67 | 108,972.0 |
| HAVELLS INDIA LTD | 1,455.95 | 60.87 | 88,628.3 |
| CG POWER AND INDUSTRIAL SOLUTIONS LTD | 1,063.42 | 94.91 | 100,933.0 |
| SUZLON ENERGY LTD | 3,172.50 | 22.48 | 71,331.5 |
| WAAREE ENERGIES LTD | 2,802.45 | 30.59 | 85,717.0 |
| HITACHI ENERGY INDIA LTD | 717.23 | 112.40 | 80,616.2 |
| GE VERNOVA T&D INDIA LTD | 919.85 | 87.57 | 80,547.1 |
| APAR INDUSTRIES LTD | 939.66 | 35.82 | 33,657.4 |
| INOX WIND LTD | 520.57 | 40.44 | 21,049.9 |
Electric Equipment Industry Benchmark (Top 10) PE Analysis vs MIC ELECTRONICS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 22.48x |
| Max industry PE | 112.40x |
| Median industry PE | 61.67x |
| Average industry PE | 65.33x |
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