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PB Ratio of Mic Electronics Ltd

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MIC Electronics Ltd

NSE: MICEL

PB Ratio

6.2

Last updated on: Apr 01, 2025

Key Highlights

  • The latest PB Ratio of MIC Electronics Ltd is 6.2.
  • The PB ratio of the MIC Electronics Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of MIC Electronics Ltd changed from -0.1 on March 2020 to 4.2 on March 2023 . This represents a CAGR of NaN% over 4 years.

Historical P/B Ratio of MIC Electronics Ltd

No data available

Company Fundamentals for MIC Electronics Ltd

Market Cap

1,337 Cr

EPS

2.3

P/E Ratio (TTM)

23.9

P/B Ratio (TTM)

6.2

Day’s High

55.83

Day’s Low

53.19

DTE

0.2

ROE

26.1

52 Week High

114.74

52 Week Low

39.11

ROCE

5.8

Market Price of MIC Electronics Ltd

1M

1Y

3Y

5Y

Monitoring MIC Electronics Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
01 Apr 202555.49
28 Mar 202553.19
27 Mar 202554.21
26 Mar 202554.56
25 Mar 202557.26
24 Mar 202560.25
21 Mar 202561.56
20 Mar 202561.04
19 Mar 202559.98
18 Mar 202559.92

SWOT Analysis Of MIC Electronics Ltd

Strength

4

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for MIC Electronics Ltd

Asset Value vs Market Value of MIC Electronics Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

PB Ratio of MIC Electronics Ltd Explained

1337

Market cap

9

Book Value per Share

6.2X

PB Ratio

The price-to-book (P/B) ratio compares a company's market capitalization to its book value by dividing its stock price per share by its book value per share.


How to calculate Price-to-Book (P/B) Ratio?

The Price-to-Book Ratio is used to determine the relationship between the total value of a company's outstanding shares and the net value of its assets. Before calculating the P/B ratio, investors need to overlook the market capitalization of a company.


Market capitalization = market value of a stock X no. of outstanding shares


Now, you need to know the net value of an organization's assets.

Book Value of Assets = Total Assets - Total Liabilities of a company


After knowing the value of the above ratios, here is the formula for the P/B Ratio:

P/B Ratio = Market Capitalization/ Book Value of Assets


or you can also use this formula

P/B ratio = Market Price Per Share/ Book Value of Asset Per Share

Historical Market Cap of MIC Electronics Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of MIC Electronics Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Dividend Payout Over Time

No data available

MIC Electronics Ltd News Hub

MIC Electronics director resigns

MIC Electronics announced that Subhash Lingareddy Somod (DIN: 09501374), Independent Director of the

Read more

19 Aug 24

MIC Electronics receives LoA of Rs 2.54 cr from Northern Railway Zone

MIC Electronics has received a Letter of Acceptance from the Lucknow Division of the Northern Railwa

Read more

26 Aug 24

MIC Electronics bags LoA from Northern Railway Zone

The contract entails the provision of integrated passenger information system at PRG, PYGS, and PFM

Read more

26 Aug 24

MIC Electronics wins order of Rs 1.33 cr

MIC Electronics has received a Letter of Acceptance from the Salem Division of the Southern Railway

Read more

10 Sept 24

Document

Annual Reports

Annual Report 2024

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Credit Ratings

N/A

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Concalls

Data not available

FAQs for PB Ratio of MIC Electronics Ltd

What is the PB ratio of MIC Electronics Ltd?

The current PB ratio of MIC Electronics Ltd is 6.19. The Price-to-Book value (P/B) ratio compares a company's current share price to its book value per share. It helps assess whether a stock is overvalued or undervalued relative to its net asset value.

What is the ideal PB ratio to buy MIC Electronics Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for MIC Electronics Ltd. Some investors and financial analysts may also consider any value under 3.0 as a good PB ratio.

How is the PB Ratio of MIC Electronics Ltd calculated?

The PB ratio of MIC Electronics Ltd is calculated by dividing the current share price by the book value per share. The book value per share is determined by dividing the company’s total net assets (assets minus liabilities) by the number of outstanding shares. This ratio helps evaluate how the market values the company's assets.

What does a high PB Ratio mean for MIC Electronics Ltd?

A high PB ratio suggests that MIC Electronics Ltd’s stock may be overvalued relative to its book value or that investors expect high growth.

What does a low PB Ratio indicate for MIC Electronics Ltd?

A low PB ratio of MIC Electronics Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can MIC Electronics Ltd PB Ratio change over time?

Yes, the PB ratio of MIC Electronics Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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