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MIRC Electronics (NSE:MIRCELECTR) Price-to-Tangible-Book : 4.08 (As of Dec. 12, 2024)


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What is MIRC Electronics Price-to-Tangible-Book?

As of today (2024-12-12), MIRC Electronics's share price is ₹23.04. MIRC Electronics's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was ₹5.65. Hence, MIRC Electronics's Price to Tangible Book Ratio of today is 4.08.

The historical rank and industry rank for MIRC Electronics's Price-to-Tangible-Book or its related term are showing as below:

NSE:MIRCELECTR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.42   Med: 2.07   Max: 4.5
Current: 4.09

During the past 13 years, MIRC Electronics's highest Price to Tangible Book Ratio was 4.50. The lowest was 0.42. And the median was 2.07.

NSE:MIRCELECTR's Price-to-Tangible-Book is ranked worse than
78.96% of 404 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.83 vs NSE:MIRCELECTR: 4.09

A closely related ratio is called PB Ratio. As of today, MIRC Electronics's share price is ₹23.04. MIRC Electronics's Book Value per Sharefor the quarter that ended in Sep. 2024 was ₹5.65. Hence, MIRC Electronics's P/B Ratio of today is 4.07.


MIRC Electronics Price-to-Tangible-Book Historical Data

The historical data trend for MIRC Electronics's Price-to-Tangible-Book 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.

* Premium members only.

MIRC Electronics Price-to-Tangible-Book Chart

MIRC Electronics Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 1.38 2.17 1.42 3.42

MIRC Electronics Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.70 - 3.42 - 4.31

Competitive Comparison of MIRC Electronics's Price-to-Tangible-Book

For the Furnishings, Fixtures & Appliances subindustry, MIRC Electronics's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


MIRC Electronics's Price-to-Tangible-Book Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, MIRC Electronics's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where MIRC Electronics's Price-to-Tangible-Book falls into.



MIRC Electronics Price-to-Tangible-Book Calculation

MIRC Electronics's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2024 )
=23.04/5.651
=4.08

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


MIRC Electronics Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of MIRC Electronics's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


MIRC Electronics Business Description

Traded in Other Exchanges
Address
Mahakali Caves Road, MIDC, G-1, Onida House, Andheri (East), Mumbai, MH, IND, 400093
MIRC Electronics Ltd is engaged in the manufacturing and trading of consumer electronic products. Its product portfolio includes televisions, air conditioners, washing machines, microwave ovens, refrigerators, health care, air coolers, and dishwashers. It has plants located in Wada, Roorkee, and Chiplun.

MIRC Electronics Headlines

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