MIRC ELECTRONICS
|
The Current P/E Ratio of MIRC ELECTRONICS is -15.39.
| Share Price | ₹31.8 | Sep 29,2026 |
| Market Cap | ₹1,176.5 Cr | |
| Earnings-TTM | ₹-76.4 Cr | TTM-Standalone Results |
| Price/Earnings | -15.39x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of MIRC ELECTRONICS
Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,176.5 Cr] as on Sep 29,2026
(/) Earnings [ ₹-76.4 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ -15.39x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for MIRC ELECTRONICS , the investors are currently willing to pay -15.39 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 MIRC 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 MIRC ELECTRONICS over the last five years.
Thus, for MIRC ELECTRONICS , the investors are currently willing to pay -15.39 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 MIRC 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 MIRC ELECTRONICS over the last five years.
Historical PE (Price/Earnings) ratio chart of MIRC ELECTRONICS
PE Ratio Performance Analysis for MIRC ELECTRONICS
- MIRC ELECTRONICS 's latest p/e ratio is -15.39x.
- MIRC ELECTRONICS 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 0.00x.
- MIRC ELECTRONICS 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MIRC ELECTRONICS 's p/e ratio peaked in Mar2026 at 0x.
- MIRC ELECTRONICS 's p/e ratio hit its five-year low in Mar2026 of 0x.
- MIRC ELECTRONICS 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 0.00x.
- MIRC ELECTRONICS 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MIRC ELECTRONICS 's p/e ratio peaked in Mar2026 at 0x.
- MIRC ELECTRONICS 's p/e ratio hit its five-year low in Mar2026 of 0x.
How does MIRC ELECTRONICS 's P/E Ratio benchmark against top 10 peers in Consumer Durables - Electronics Industry?
| Peer Comparison (Consumer Durables - Electronics Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| MIRC ELECTRONICS | -76.43 | -15.39 | 1,176.5 |
| DIXON TECHNOLOGIES (INDIA) LTD | 2,058.73 | 39.55 | 81,430.3 |
| HONEYWELL AUTOMATION INDIA LTD | 551.10 | 55.27 | 30,459.4 |
| IFB INDUSTRIES LTD | 160.05 | 30.50 | 4,882.1 |
| WONDER ELECTRICALS LTD | 12.04 | 80.80 | 972.6 |
| ELIN ELECTRONICS LTD | -8.22 | -52.61 | 432.2 |
| CALCOM VISION LTD | 1.51 | 61.09 | 92.3 |
Consumer Durables - Electronics Industry Benchmark (Top 10) PE Analysis vs MIRC ELECTRONICS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -52.61x |
| Max industry PE | 80.80x |
| Median industry PE | 39.55x |
| Average industry PE | 28.46x |
You may also like the below Video Courses
