MIRC ELECTRONICS
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The Current P/E Ratio of MIRC ELECTRONICS is -38.79.
| Share Price | ₹27.5 | Apr 01,2026 |
| Market Cap | ₹1,016.2 Cr | |
| Earnings-TTM | ₹-26.2 Cr | TTM-Standalone Results |
| Price/Earnings | -38.79x | 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 [ ₹1,016.2 Cr] as on Apr 01,2026
(/) Earnings [ ₹-26.2 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ -38.79x ]
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 -38.79 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 -38.79 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 -38.79x.
- MIRC ELECTRONICS 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 33.59x.
- 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 Mar2021 at 167.93x.
- MIRC ELECTRONICS 's p/e ratio hit its five-year low in Mar2025 of 0x.
- MIRC ELECTRONICS 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 33.59x.
- 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 Mar2021 at 167.93x.
- MIRC ELECTRONICS 's p/e ratio hit its five-year low in Mar2025 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 | -26.20 | -38.79 | 1,016.2 |
| DIXON TECHNOLOGIES (INDIA) LTD | 1,791.74 | 34.79 | 62,326.2 |
| HONEYWELL AUTOMATION INDIA LTD | 505.20 | 47.74 | 24,118.6 |
| WONDER ELECTRICALS LTD | 11.11 | 95.75 | 1,064.0 |
| ELIN ELECTRONICS LTD | 40.58 | 12.96 | 525.8 |
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 | -38.79x |
| Max industry PE | 95.75x |
| Median industry PE | 34.79x |
| Average industry PE | 30.49x |
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