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MIRC Electronics Ltd P/E Ratio

MIRC Electronics Ltd P/E Ratio

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MIRC Electronics Ltd

NSE: MIRCELECTR

PE

0

Last updated : 24 May 15:30 pm

Key Highlights

    The P/E Ratio of MIRC Electronics Ltd is 0 as of 24 May 15:30 pm .a1#The P/E Ratio of MIRC Electronics Ltd changed from 171.5 on March 2019 to 0 on March 2023 . This represents a CAGR of -100.00% over 3 years. a1#The Latest Trading Price of MIRC Electronics Ltd is ₹ 20.74 as of 24 May 15:30 .a1#The PE Ratio of Consumer Durables Industry has changed from -50.7 to 60.6 in 5 years. This represents a CAGR of NaN%a1# The PE Ratio of Automobile industry is 27.2. The PE Ratio of Consumer Durables industry is 60.6. The PE Ratio of Finance industry is 13.6. The PE Ratio of IT - Software industry is 27.9. The PE Ratio of Retail industry is 153.5. The PE Ratio of Textiles industry is 21.1. In 2023a1#The Market Cap of MIRC Electronics Ltd changed from ₹ 506.94 crore on March 2019 to ₹ 271.6 crore on March 2023 . This represents a CAGR of -11.73% over 5 years. a1#The Revenue of MIRC Electronics Ltd changed from ₹ 345.75 crore to ₹ 297.51 crore over 8 quarters. This represents a CAGR of -7.24% a1#The EBITDA of MIRC Electronics Ltd changed from ₹ 4.28 crore to ₹ -45.32 crore over 8 quarters. This represents a CAGR of NaN% a1#The Net Profit of MIRC Electronics Ltd changed from ₹ 0.43 crore to ₹ -51.11 crore over 8 quarters. This represents a CAGR of NaN% a1#The Dividend Payout of MIRC Electronics Ltd changed from 0 % on March 2019 to 0 % on March 2023 . This represents a CAGR of 0.0% over 5 years. a1#

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P/E Ratio Over Time

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share. P/E Ratio Formula P/E ratio = (CMP of share/ Earning per share) Types of Price to Earning Ratio 1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance. 2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

P/E Ratio Over Time

Period
Mar '190
Mar '200
Mar '21171.5
Mar '220
Mar '230

Fundamental Metrics

Market Cap

479 Cr

EPS

0.0

P/E Ratio (TTM) *

0.0

P/B Ratio (TTM) *

4.0

Day’s High

21.55

Day’s Low

20.4

DTE *

0.8

ROE *

-48.4

52 Week High

30.68

52 Week Low

12.55

ROCE *

-20.3

* All values are consolidated

* All values are consolidated

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MIRC Electronics Ltd

NSE: MIRCELECTR

PRICE

20.74

-0.26(-1.24%)

stock direction

Last updated : 24 May 15:30

×

PRICE

The current market price or CMP refers to the price at which the securities are trading in the share market. Current price in Over-the-counter costs: The following current price depends upon the bid price & the asking price when a financial asset is sold over-the-counter(OTC). Current Price in Bond Market: The current price of a bond is determined by measuring the actual interest rate against the bid-related interest rate. The par or the face value is then calculated to represent the remaining interest payments due which occur before the maturity of the bond.

Share price Over Time

1M

1Y

3Y

5Y

* All values are in Rupees

SWOT Analysis Of MIRC Electronics Ltd

Strength

0

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

Asset Value vs Market Value

Market Value

511

Asset Value

409

0.3 X

Value addition

* All values are in Rupees

PE Ratio Over Market Cap

Key Valuation Metric

Earnings

-62 Cr

0.0 X

PE Ratio

Market Cap

₹511.33Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio

PS Ratio

PB Ratio

Earnings

-62 Cr

0.0 X

PE Ratio

Market Cap

₹511.33Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio of Consumer Durables Industry over time

PE Ratio of Top Sectors

MIRC Electronics Ltd PE Ratio Calculation

  • The Price-to-Earnings (PE) ratio, also known as the P/E Ratio, is a fundamental financial metric used to assess the valuation of a company's stock in relation to its earnings performance. For MIRC Electronics Ltd, the PE Ratio is calculated as follows:

P/E Ratio

=

Market Capitalization

Net Income

  • Given the current market conditions, MIRC Electronics Ltd's Share Price stands at 20.74. The Earnings per Share (Diluted) for the trailing twelve months (TTM) ending in 2024-05-24T00:00:00 is 0.0. Substituting the values into the formula, PE Ratio becomes as follows: PE Ratio = 20.74/ 0.0= 0.0.

P/E Ratio

=

Stock Price

Earning Per Share

  • This indicates that MIRC Electronics Ltd's stock is trading at approximately 0.0 times its earnings per share for the trailing twelve months. Alternatively, the PE Ratio can also be computed using the company's overall financial performance: PE Ratio = Market Cap / Net Income. Where Market Cap represents the total market capitalization of the company, and Net Income signifies the total earnings after expenses and taxes.

Understanding MIRC Electronics Ltd’s PE Ratio (BSE: MIRCELECTR)

    The Price-to-Earnings (PE) ratio, used to assess MIRC Electronics Ltd's stock (BSE: MIRCELECTR), indicates how many years it would take for the company to earn back the stock price. If a company earns ₹2 per share annually and its stock trades at ₹30, the PE ratio is 15, signifying a 15-year payback period assuming steady earnings. Earnings fluctuate, affecting the payback period, Growing earnings shorten the recovery time while declining earnings extend it. Shareholders favor shorter payback periods, preferring lower PE stocks. Among stocks with the same PE ratio, faster-growing businesses are preferred. A company with losses makes the PE ratio meaningless. Peter Lynch introduced the PEG ratio to compare stocks with different growth rates, dividing the PE ratio by the growth rate. A company is considered fairly valued when its PE ratio matches its growth rate. The PE ratio, applicable across industries, measures stock valuation based on earnings power. It indicates how quickly an investment can be recouped. Unlike the PB ratio, which assesses valuation based on the balance sheet, the PE ratio focuses on earnings. Overall, the PE ratio provides insights into stock valuation, aligning with investors' preference for faster returns.

×

Market Cap Over Time

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Market Cap Over Time

Period
Mar '19507
Mar '2092
Mar '21317
Mar '22438
Mar '23272

* All values are a in crore

×

Revenue Over Time

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Revenue Over Time

Period
Jun '22346
Sep '22269
Dec '22273
Mar '22225
Jun '23186
Sep '23196
Dec '23295
Mar '23298

* All values are a in crore

×

EBITDA Over Time

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

EBITDA Over Time

Period
Jun '224
Sep '222
Dec '222
Mar '220
Jun '23-1
Sep '230
Dec '237
Mar '23-45

* All values are a in crore

×

Net Profit Over Time

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Net Profit Over Time

Period
Jun '220
Sep '22-3
Dec '22-3
Mar '22-7
Jun '23-6
Sep '23-6
Dec '232
Mar '23-51

* All values are a in crore

×

Dividend Payout Over Time

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Dividend Payout Over Time

Period
Mar '190
Mar '200
Mar '210
Mar '220
Mar '230

* All values are a in %

About MIRC Electronics Ltd

About MIRC Electronics Ltd

    MIRC Electronics Ltd was incorporated in 1981 as a private limited company by Gulu Mirchandani, Vijay Mansukhani and Sonu Mirchandani of the Onida group. Later it transformed as a public limited company in 1992. MIRC is a market leader in consumer electronics goods, it manufactures the well known Onida brand of colour televisions (CTVs), Air Conditioners, Washing Machines, TV-Components & Spares and Electronic Tuners. The company has two subsidiary companies Akasaka Electronics Ltd. and Imercius Technologies (India) Ltd. Other group companies are Onida Saka and Monica Electronics. MIRC tapped the capital market to finance its CTV expansion and diversification into the audio segment. Commercial production at the expanded capacity started from Jul.'1995. The company has opened Onida Arcades, exclusives retail shops and introduced state-of-the-art wide vision TVs and audio systems. The company was awarded ISO 9001 certification during 1994-95. The company concentrated on reinforcing and improving the penetration of its sales and after sales support infrastructure. During 1997-98, the company came out with a new range of products christened 'Techno Value', which has been launched with considerable success. In 1998-99, it introduced the WEBCRUISER - the world first internet TV, the trendy TV and PIP in the 25' segment. In 1999-2000, the company introduced multi-coloured Candy in the 14 inch TV segment. In the fiscal 2001, it came out with 29KY Thunder series which was amongst the first 650 watt television set in the world and has embarked on the process to launch a plasma display tube television in collaboration with Fujitsu. With effect from 1st April, 2001 Onida Infotech Services Ltd was merged with MIRC Electronics Ltd. In 2001-02 it had launched the 29 inch Home Theatre, the first to convert a mono recording into a 5.1 output surround sound. In 2003-04, MIRC decided to come out from its non-core business to strengthen its core business segment. The company sold its Onida Infotech division during the same year. MIRC rewarded its shareholders with an allotment of bonus shares in the ratio of one share for every one share held in the company. During the year 2004-05, One of the group company, Ondia Savak Ltd had been merged with the company. By this merger, one more feather i.e. Electronic Tuners added in its product segment. The company wants to take advantages from the outsourcing businesses provided by international giants. In view of this, it has enhanced the capacity of televisions from 1.8 million units per annum to 3.0 million units per annum. The company has launched its new model colour televisions (Oxygen Series and 'Poison' range) and Microwave Ovens in this period. During the year 2009, Guviso Holdings Private Ltd., the Holding Company of the Company got amalgamated with the Company and the Scheme was made effective on May 02, 2009. Direct Cool Refrigerator was launched in 2020-21.

MIRC Electronics Ltd News Hub

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...

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08 May 2024 10:47

News

MIRC Electronics to announce Quarterly Result

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

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25 Jan 2024 13:01

News

MIRC Electronics to table results

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

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27 Oct 2023 14:46

News

MIRC Electronics announces board meeting date

MIRC Electronics will hold a meeting of the Board of Directors of the Company on 10 August...

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31 Jul 2023 19:10

News

MIRC Electronics to convene AGM

MIRC Electronics announced that the 42th Annual General Meeting (AGM) of the company will ...

Read more

09 Jun 2023 13:47

News

MIRC Electronics to table results

MIRC Electronics will hold a meeting of the Board of Directors of the Company on 26 May 20...

Read more

17 May 2023 16:13

Product Composition by Percentage (Revenue)

FAQs for PE of MIRC Electronics Ltd

What is MIRC Electronics Ltd current share price?

The current market price of MIRC Electronics Ltd as of May 24, 2024 is ₹20.74.

What is MIRC Electronics Ltd's market cap?

MIRC Electronics Ltd's market capitalisation stood at ₹511 Cr as of May 24, 2024

What are MIRC Electronics Ltd's total net assets?

According to MIRC Electronics Ltd's most recent financial filings, the company's net assets total ₹409.0 Cr.

Is MIRC Electronics Ltd making a profit or loss?

MIRC Electronics Ltd's net Profit as of May 24, 2024 is close to ₹-62 Cr.
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