MIRC ELECTRONICS
|
The Current P/E Ratio of MIRC ELECTRONICS is -12.71.
| Share Price | ₹26.3 | Nov 03,2026 |
| Market Cap | ₹971.0 Cr | |
| Earnings-TTM | ₹-76.4 Cr | TTM-Standalone Results |
| Price/Earnings | -12.71x | 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 [ ₹971.0 Cr] as on Nov 03,2026
(/) Earnings [ ₹-76.4 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ -12.71x ]
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 -12.71 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 -12.71 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 -12.71x.
- 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 | -12.71 | 971.0 |
| DIXON TECHNOLOGIES (INDIA) LTD | 1,722.24 | 43.51 | 74,934.0 |
| HONEYWELL AUTOMATION INDIA LTD | 565.30 | 45.50 | 25,720.3 |
| IFB INDUSTRIES LTD | 152.40 | 28.04 | 4,273.1 |
| WONDER ELECTRICALS LTD | 12.04 | 80.49 | 968.9 |
| ELIN ELECTRONICS LTD | -8.22 | -44.45 | 365.2 |
| CALCOM VISION LTD | 1.51 | 74.55 | 112.6 |
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 | -44.45x |
| Max industry PE | 80.49x |
| Median industry PE | 43.51x |
| Average industry PE | 30.70x |
You may also like the below Video Courses
