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MIC ElectronicsBOM:532850 -0.98%51 Forward PE Ratio is 0.00 as of Sep. 13, 2026. GuruFocus rates BOM:532850 with a GF Score™ of 51/100. The stock has 2 warning signs investors should review. Among 1,046 Hardware companies, MIC Electronics ranks worse than 95602.2% on this metric.
MIC Electronics (BOM:532850) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
MIC Electronics Forward PE Ratio Related Terms
MIC Electronics Forward PE Ratio Historical Data
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The historical data trend for MIC Electronics's Forward PE Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MIC Electronics Forward PE Ratio Chart
MIC Electronics Annual Data
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Forward PE Ratio
MIC Electronics Quarterly Data
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BOM:532850 vs APH, GLW, TEL: Forward PE Ratio Comparison
For the Electronic Components subindustry, MIC Electronics's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
MIC Electronics Forward PE Ratio vs Hardware Industry
For the Hardware industry and Technology sector, MIC Electronics's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where MIC Electronics's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
MIC Electronics (BOM:532850) has a Forward PE Ratio of 0.00 as of Sep. 13, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on MIC Electronics and its competitors. According to the industry distribution chart, MIC Electronics ranks #999999 out of 1046 companies in the Hardware industry.
Is MIC Electronics' Forward PE Ratio too high?
MIC Electronics' current Forward PE Ratio is 0.00. Based on the distribution chart, MIC Electronics ranks #999999 out of 1046 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, MIC Electronics has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does MIC Electronics' Forward PE Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, MIC Electronics ranks #999999 out of 1046 companies for Forward PE Ratio. This places MIC Electronics in the lower half of its industry. The industry median Forward PE Ratio is 17.94. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Hardware company?
The median Forward PE Ratio among Hardware companies is 17.94, based on 1,046 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on MIC Electronics and its competitors. For the Hardware industry, the median Forward PE Ratio is 17.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MIC Electronics's current Forward PE Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MIC Electronics stock overvalued right now?
MIC Electronics (BOM:532850) has a current Forward PE Ratio of 0.00. The current Forward PE Ratio is 0.00. MIC Electronics' overall GF Score™ is 51/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For MIC Electronics (BOM:532850), the current Forward PE Ratio is 0.00 as of Sep. 13, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
MIC Electronics Ltd designs, develops, and manufactures light-emitting diode (LED) video displays, and other electronic components. The operating segments of the group are LED products; Medical appliances and E Vehicles. Its products include LED lighting, LED displays, Oxygen concentrators, and Batteries. The company predominantly operates in India.
51GF Score
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