MIC ELECTRONICS
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The Current P/E Ratio of MIC ELECTRONICS is -121.42.
| Share Price | ₹39.7 | Nov 11,2026 |
| Market Cap | ₹1,182.1 Cr | |
| Earnings-TTM | ₹-9.7 Cr | TTM-Consolidated Results |
| Price/Earnings | -121.42x | 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 [ ₹1,182.1 Cr] as on Nov 11,2026
(/) Earnings [ ₹-9.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -121.42x ]
Thus, for MIC ELECTRONICS , the investors are currently willing to pay -121.42 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 Mar2026 to Mar2022 averaged 265.57x.
- MIC ELECTRONICS 's operated at median p/e ratio of 125.19x 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 1056.25x.
- MIC ELECTRONICS 's p/e ratio hit its five-year low in Mar2026 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 | -9.74 | -121.42 | 1,182.1 |
| HITACHI ENERGY INDIA LTD | 1,150.39 | 112.85 | 129,820.0 |
| ABB INDIA LTD | 1,555.18 | 94.77 | 147,382.0 |
| CG POWER AND INDUSTRIAL SOLUTIONS LTD | 1,362.79 | 94.91 | 129,348.0 |
| SIEMENS LTD | 1,454.20 | 90.17 | 131,124.0 |
| GE VERNOVA T&D INDIA LTD | 1,436.95 | 74.34 | 106,830.0 |
| WAAREE ENERGIES LTD | 3,878.56 | 18.62 | 72,200.5 |
| HAVELLS INDIA LTD | 1,637.41 | 45.11 | 73,871.2 |
| SUZLON ENERGY LTD | 2,259.00 | 23.63 | 53,378.1 |
| APAR INDUSTRIES LTD | 1,376.66 | 43.17 | 59,425.7 |
| SCHNEIDER ELECTRIC INFRASTRUCTURE LTD | 161.09 | 157.06 | 25,300.8 |
Electric Equipment Industry Benchmark (Top 10) PE Analysis vs MIC ELECTRONICS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -121.42x |
| Max industry PE | 157.06x |
| Median industry PE | 74.34x |
| Average industry PE | 57.56x |
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