MIC Electronics (NSE:MICEL) ROE % Adjusted to Book Value: -10.16% (As of Mar. 2026)


NSE:MICEL MIC Electronics Ltd NSE:MICEL
75 GF Score
Price ₹38.76
GF Value ₹208.86
Valuation Possible Value Trap
! 2 Warning Signs
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What is MIC Electronics ROE % Adjusted to Book Value?

MIC Electronics NSE:MICEL -2.47% 75 ROE % Adjusted to Book Value is -10.16% as of Mar. 2026. GuruFocus rates NSE:MICEL with a GF Score™ of 75/100 and a GF Value™ of ₹208.86 (Possible Value Trap). The stock has 2 warning signs investors should review.

MIC Electronics's ROE % for the quarter that ended in Mar. 2026 was -33.94%. MIC Electronics's PB Ratio for the quarter that ended in Mar. 2026 was 3.34. MIC Electronics's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was -10.16%.

MIC Electronics ROE % Adjusted to Book Value Related Terms

MIC Electronics ROE % Adjusted to Book Value Historical Data

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The historical data trend for MIC Electronics's ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value Chart

MIC Electronics Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.48 0.06 9.47 0.99 -1.72

MIC Electronics Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value 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 1.12 0.00 0.63 0.00 -10.16

NSE:MICEL vs APH, GLW: ROE % Adjusted to Book Value Comparison

For the Electronic Components subindustry, MIC Electronics's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value vs Hardware Industry

For the Hardware industry and Technology sector, MIC Electronics's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where MIC Electronics's ROE % Adjusted to Book Value falls into.


NSE:MICEL
75GF Score
MIC Electronics Ltd NSE:MICEL
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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MIC Electronics ROE % Adjusted to Book Value Calculation

MIC Electronics's ROE % Adjusted to Book Value for the fiscal year that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-5.76% / 3.34
=-1.72%

MIC Electronics's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-33.94% / 3.34
=-10.16%

* 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.

What does a ROE % Adjusted to Book Value of -10.16% mean?
MIC Electronics (NSE:MICEL) has a ROE % Adjusted to Book Value of -10.16% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on MIC Electronics and its competitors.
Is MIC Electronics' ROE % Adjusted to Book Value too high?
MIC Electronics' current ROE % Adjusted to Book Value is -10.16%. Overall, MIC Electronics has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MIC Electronics' ROE % Adjusted to Book Value compare to APH and GLW?
MIC Electronics' ROE % Adjusted to Book Value of -10.16% can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Hardware company?
A good ROE % Adjusted to Book Value depends on the Hardware industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on MIC Electronics and its competitors. MIC Electronics's current ROE % Adjusted to Book Value is -10.16%. 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?
Based on GuruFocus' analysis, MIC Electronics (NSE:MICEL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹208.86, compared to a current price of ₹38.76 — trading 81.4% below its estimated fair value. The current ROE % Adjusted to Book Value is -10.16%. MIC Electronics' overall GF Score™ is 75/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For MIC Electronics (NSE:MICEL), the current ROE % Adjusted to Book Value is -10.16% as of Mar. 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.

Is MIC Electronics (NSE:MICEL) Overvalued in 2026?

Based on GuruFocus' analysis, MIC Electronics stock appears to be undervalued. The current stock price of ₹38.76 is trading 81.4% below its estimated GF Value™ of ₹208.86. GuruFocus considers MIC Electronics to be Possible Value Trap.

Key valuation signals for NSE:MICEL:

  • ROE % Adjusted to Book Value: -10.16%
  • GF Value™: ₹208.86 vs. price of ₹38.76 (81.4% below fair value)
  • GF Score™: 75/100 with 2 warning signs

No single metric tells the full story. See the NSE:MICEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

MIC Electronics Business Description

Other Exchanges 532850:India
Address Plot No. 192/B, Phase-II, IDA, Cherlapally, Rangareddi, Hyderabad, TG, IND, 500051
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.
75GF Score

Get the complete analysis for NSE:MICEL

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹38.76
Price
₹208.86
GF Value