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PB Ratio of Mirc Electronics Ltd

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MIRC Electronics Ltd

NSE: MIRCELECTR

PB Ratio

2.6

Last updated on: Jun 06, 2025

Key Highlights

  • The latest PB Ratio of MIRC Electronics Ltd is 2.6.
  • 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 0.4 on March 2020 to 3.4 on March 2024 . This represents a CAGR of 53.42% over 5 years.

Historical P/B Ratio of MIRC Electronics Ltd

No data available

Company Fundamentals for MIRC Electronics Ltd

Market Cap

330 Cr

EPS

0.0

P/E Ratio (TTM)

0.0

P/B Ratio (TTM)

2.6

Day’s High

14.7

Day’s Low

13.86

DTE

0.8

ROE

-1.8

52 Week High

33.0

52 Week Low

11.1

ROCE

5.4

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
06 Jun 202514.33
05 Jun 202514.07
04 Jun 202513.4
03 Jun 202513.94
02 Jun 202514.55
30 May 202514.79
29 May 202515.01
28 May 202514.79
27 May 202514.5
26 May 202514.78

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

PB Ratio of MIRC Electronics Ltd Explained

330.96

Market cap

5

Book Value per Share

2.6X

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

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

Dividend Payout Over Time

No data available

MIRC Electronics Ltd News Hub

MIRC Electronics reports standalone net profit of Rs 0.44 crore in the June 2024 quarter

Net profit of MIRC Electronics reported to Rs 0.44 crore in the quarter ended June 2024 as against n

Read more

14 Aug 24

MIRC Electronics announces board meeting date

MIRC Electronics will hold a meeting of the Board of Directors of the Company on 13 August 2024. Pow

Read more

06 Aug 24

MIRC Electronics to conduct board meeting

MIRC Electronics will hold a meeting of the Board of Directors of the Company on 2 September 2024. P

Read more

29 Aug 24

MIRC Electronics to hold AGM

MIRC Electronics announced that the Annual General Meeting (AGM) of the company will be held on 26 S

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 MIRC Electronics Ltd

What is the PB ratio of MIRC Electronics Ltd?

The current PB ratio of MIRC Electronics Ltd is 2.63. 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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