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Mirc Electronics Ltd PB Ratio

Mirc Electronics Ltd PB Ratio

stocks purchased

₹ 0.1 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

29.1 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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MIRC Electronics Ltd

NSE: MIRCELECTR

PB

4.1

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of MIRC Electronics Ltd is 4.1 as of 07 Nov 24.
  • The P/B Ratio of MIRC Electronics Ltd changed from 2.2 on March 2022 to 3.4 on March 2024 . This represents a CAGR of 15.62% over 3 years. .

Historical P/B Ratio of MIRC Electronics Ltd

No data available

Company Fundamentals for MIRC Electronics Ltd

Market Cap

534 Cr

EPS

0.0

P/E Ratio (TTM) *

0.0

P/B Ratio (TTM) *

4.1

Day’s High *

23.1

Day’s Low

22.52

DTE *

0.9

ROE *

-36.6

52 Week High

33.0

52 Week Low

15.7

ROCE *

-13.5

Market Price Over Time

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
07 Nov 202423.15
06 Nov 202423.29
05 Nov 202423.26
04 Nov 202422.16
01 Nov 202421.59
31 Oct 202421.25
30 Oct 202421.2
29 Oct 202420.3
28 Oct 202420.63
25 Oct 202419.77

SWOT Analysis Of MIRC Electronics Ltd

Strength

0

S

Weakness

0

W

Opportunity

0

O

Threats

1

T

BlinkX Score for MIRC Electronics Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of MIRC Electronics Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
MIRC Electronics Ltd4534
Havells India Ltd1241,04,276
Dixon Technologies (India) Ltd28293,911
Voltas Ltd24158,491
Kaynes Technology India Ltd39636,967
Blue Star Ltd13036,537

Key Valuation Metric of MIRC Electronics Ltd

Share Price

₹23

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 MIRC Electronics Ltd

No data available

* All values are in crore

Historical Revenue of MIRC Electronics Ltd

No data available

* All values are in crore

Historical EBITDA of MIRC Electronics Ltd

No data available

* All values are in crore

Historical Net Profit of MIRC Electronics Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

MIRC Electronics Ltd News Hub

News

MIRC Electronics to hold board meeting

MIRC Electronics will hold a meeting of the Board of Directors of the Company on 30 Octobe...

Read more

22 Oct 202411:36

News

MIRC Electronics to hold AGM

MIRC Electronics announced that the Annual General Meeting (AGM) of the company will be he...

Read more

10 Sep 202410:22

News

MIRC Electronics to conduct board meeting

MIRC Electronics will hold a meeting of the Board of Directors of the Company on 2 Septemb...

Read more

29 Aug 202410:38

News

MIRC Electronics announces board meeting date

MIRC Electronics will hold a meeting of the Board of Directors of the Company on 13 August...

Read more

06 Aug 202416:21

News

MIRC Electronics to convene board meeting

MIRC Electronics will hold a meeting of the Board of Directors of the Company on 14 May 20...

Read more

08 May 202410:47

News

MIRC Electronics to announce Quarterly Result

MIRC Electronics will hold a meeting of the Board of Directors of the Company on 8 Februar...

Read more

25 Jan 202413:01

Document

Annual Reports

N/A

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Credit Ratings

N/A

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Concalls

Data not available

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 4.1. 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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