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Mirc Electronics Ltd PB Ratio

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MIRC Electronics Ltd

NSE: MIRCELECTR

PB

3.4

Last updated on: 22 Nov 24

Key Highlights

  • The latest PB Ratio of MIRC Electronics Ltd is 3.4.
  • The PB ratio of the MIRC 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 MIRC Electronics Ltd changed from 2.3 on March 2019 to 3.4 on March 2024 . This represents a CAGR of 6.73% over 6 years.

Historical P/B Ratio of MIRC Electronics Ltd

No data available

Company Fundamentals for MIRC Electronics Ltd

Market Cap

449 Cr

EPS

0.0

P/E Ratio (TTM)

0.0

P/B Ratio (TTM)

3.4

Day’s High

19.7

Day’s Low

19.25

DTE

0.9

ROE

-36.6

52 Week High

33.0

52 Week Low

15.8

ROCE

-13.5

Market Price of MIRC Electronics Ltd

1M

1Y

3Y

5Y

Monitoring MIRC 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
22 Nov 202419.45
21 Nov 202419.07
19 Nov 202419.81
18 Nov 202419.79
14 Nov 202420.22

SWOT Analysis Of MIRC Electronics Ltd

Strength

0

che

Weakness

0

che

Opportunity

0

che

Threats

1

che

BlinkX Score for MIRC Electronics Ltd

Asset Value vs Market Value of MIRC Electronics Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
MIRC Electronics Ltd3.44
Havells India Ltd124.3
Dixon Technologies (India) Ltd280.9
Voltas Ltd239.5
Blue Star Ltd126.3

Historical Market Cap of MIRC Electronics Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of MIRC Electronics Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of MIRC Electronics Ltd

What is the PB ratio of MIRC Electronics Ltd?

The current PB ratio of MIRC Electronics Ltd is 3.44. 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 MIRC Electronics Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for MIRC 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 MIRC Electronics Ltd calculated?

The PB ratio of MIRC 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 MIRC Electronics Ltd?

A high PB ratio suggests that MIRC 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 MIRC Electronics Ltd?

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

Can MIRC Electronics Ltd PB Ratio change over time?

Yes, the PB ratio of MIRC 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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