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MIC ELECTRONICS
PS (Price/Sales) Ratio

The Current P/S Ratio of MIC ELECTRONICS is 29.27.

Share Price ₹48.9Apr 26,2024
Market Cap ₹1,082.4 Cr
Sales-TTM₹37.0 CrTTM-Consolidated Results
Price/Sales29.27xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of MIC ELECTRONICS

Price-to-Sales ratio, P/S Multiple, or P/S Ratio is an important valuation multiple that is defined as:

P/S = Market Capitalization / Sales

or, using per-share numbers:

P/S = Stock Price / Sales Per Share

Applying the above formula, P/S ratio of MIC ELECTRONICS is calculated as :

Current Market Cap [ ₹1,082.4 Cr] as on Apr 26,2024

(/) Sales [ ₹37.0 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 29.27x ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

Thus, for MIC ELECTRONICS , the investors are currently willing to pay '29.27 times sales' to own 1 share of the company.

PS Multiples are one of the most widely used valuation multiple in the industry.

P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.

You may also explore Price to Earnings ratio or Price to Book ratio of MIC ELECTRONICS !

The chart below summarizes the trend in P/S Ratio of MIC ELECTRONICS over the last five years.

Historical PS (Price/Sales) ratio chart of MIC ELECTRONICS


PS Ratio Performance Analysis for MIC ELECTRONICS

- MIC ELECTRONICS 's latest p/e ratio is 29.27x.

- MIC ELECTRONICS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 8.61x.

- MIC ELECTRONICS 's operated at median p/e ratio of 8.25x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MIC ELECTRONICS 's p/e ratio peaked in Mar2021 at 13.34x.

- MIC ELECTRONICS 's p/e ratio hit its five-year low in Mar2019 of 4.55x.


How does MIC ELECTRONICS 's P/S Ratio benchmark against top 10 peers in Electric Equipment Industry?

Peer Comparison (Electric Equipment Industry)Sales (Cr)PS RatioMarket Cap (Cr)
MIC ELECTRONICS 37.029.271,082.4
SIEMENS LTD20,363.910.05204,675.0
ABB INDIA LTD10,446.513.00135,813.0
HAVELLS INDIA LTD18,007.25.71102,735.0
CG POWER AND INDUSTRIAL SOLUTIONS LTD7,757.110.9885,187.0
SUZLON ENERGY LTD6,027.09.4056,683.2
HITACHI ENERGY INDIA LTD4,876.27.7537,804.0
APAR INDUSTRIES LTD15,800.71.9330,560.1
GE T&D INDIA LTD2,957.49.4327,888.6
INOX WIND LTD1,415.614.7420,859.1
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD2,145.48.4518,126.5

Electric Equipment Industry Benchmark (Top 10) PS Analysis vs MIC ELECTRONICS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.93x
Max industry PS 29.27x
Median industry PS 9.43x
Average industry PS 10.97x



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