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MIRC ELECTRONICS
PS (Price/Sales) Ratio

The Current P/S Ratio of MIRC ELECTRONICS is 0.52.

Share Price ₹20.3Apr 18,2024
Market Cap ₹467.8 Cr
Sales-TTM₹896.2 CrTTM-Standalone Results
Price/Sales0.52xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of MIRC 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 MIRC ELECTRONICS is calculated as :

Current Market Cap [ ₹467.8 Cr] as on Apr 18,2024

(/) Sales [ ₹896.2 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 0.52x ]

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

Thus, for MIRC ELECTRONICS , the investors are currently willing to pay '0.52 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 MIRC ELECTRONICS !

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

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


PS Ratio Performance Analysis for MIRC ELECTRONICS

- MIRC ELECTRONICS 's latest p/e ratio is 0.52x.

- MIRC ELECTRONICS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.39x.

- MIRC ELECTRONICS 's operated at median p/e ratio of 0.37x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MIRC ELECTRONICS 's p/e ratio peaked in Mar2019 at 0.79x.

- MIRC ELECTRONICS 's p/e ratio hit its five-year low in Mar2020 of 0.15x.


How does MIRC ELECTRONICS 's P/S Ratio benchmark against top 10 peers in Consumer Durables - Electronics Industry?

Peer Comparison (Consumer Durables - Electronics Industry)Sales (Cr)PS RatioMarket Cap (Cr)
MIRC ELECTRONICS 896.20.52467.8
DIXON TECHNOLOGIES (INDIA) LTD16,098.42.7944,877.9
HONEYWELL AUTOMATION INDIA LTD3,957.29.7538,583.4
WONDER ELECTRICALS LTD457.22.971,359.4

Consumer Durables - Electronics Industry Benchmark (Top 10) PS Analysis vs MIRC ELECTRONICS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.52x
Max industry PS 9.75x
Median industry PS 2.97x
Average industry PS 4.01x



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