MIC Electronics P/B Ratio
MIC Electronics (MICEL) P/B ratio is 4.69 (High), book value per share ₹45.21 vs Capital Goods average P/B of -1.44 — Very High - Significant premium, high growth expectations or speculative. For live price, earnings yield and the full fundamental profile, see MICEL stock price BSE.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
MICEL P/B Ratio — Valuation Insights & Book Value Analysis
MIC Electronics price-to-book ratio interpretation, valuation status and historical context — current P/B 4.69 (High). Read MICEL dividend history for the complete payout history and dividend yield track record.
- Stock appears overvalued with PB of 4.69, trading at significant premium to book value
- Trading at high premium to book value - indicates strong growth expectations or asset-light business model
- Current PB is 187.7% above historical average
- Trading at premium to sector average PB of -1.44
MIC Electronics P/B Ratio Historical Trend
MICEL annual price-to-book ratio — 5 years, book value per share and year-end price. P/B below 1.0 indicates the stock trades below net asset value. Explore MICEL intrinsic value to estimate fundamental worth using multiple valuation models.
MICEL Historical P/B Ratio — Book Value Per Share & Year-End Price
MIC Electronics annual P/B ratio, book value per share (₹), year-end price and total equity in ₹ Crores.
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2026 | 0.89 | ₹45.21 | ₹40.26 | ₹217 | Low |
| 2025 | 0.95 | ₹46.46 | ₹43.93 | ₹223 | Low |
| 2024 | 3.05 | ₹27.73 | ₹84.65 | ₹122 | High |
| 2023 | 2.32 | ₹14.55 | ₹33.80 | ₹64 | Moderate |
| 2022 | 0.94 | ₹14.55 | ₹13.65 | ₹64 | Low |
MICEL vs Capital Goods Peers — P/B Ratio Comparison
MIC Electronics P/B 4.69 vs Capital Goods average -1.44, median 0.46 — range -42.81–1.04.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| John Cockerill | COCKERILL | -42.81 | ₹3,890 | Low |
| Tarapur Transformers | TARAPUR | -13.27 | ₹25 | Low |
| Artson | ARTSON | -8.32 | ₹609 | Low |
| Incon Engineers | INCON | -5.65 | ₹12 | Low |
| Jyoti | JYOTI | -5.59 | ₹137 | Low |
| Switching Technologies G… | SWITCHTE | -5.07 | ₹31 | Low |
| Miven Machine Tools | MIVENMACH | -3.35 | ₹22 | Low |
| Mipco Seamless Rings | MPCOSEMB | -2.94 | ₹10 | Low |
| Thakral Services | THAKRAL | -1.94 | ₹18 | Low |
| HMT | HMT | -1.07 | ₹2,895 | Low |