MIND Technology (MIND) Financial Ratios: P/E, ROE & More

MIND Technology (MIND) Financial Ratios

For fiscal 2026 (fiscal year ended Jan 31, 2026), MIND Technology had a P/E ratio of 105.44 (up from 4.20), return on equity of 2.2% (down from 20.3%), debt-to-equity of 0.03 (down from 0.05) and a current ratio of 6.03 (up from 3.71). A current ratio of 6.03 means current assets exceed current liabilities.

MIND Technology Financial Ratios Analysis

Valuation, profitability, leverage, and liquidity ratios

Income Statement Balance Sheet Cash Flow Ratios

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Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period ending	Jan 2026	Jan 2025	Jan 2024	Jan 2023	Jan 2022	Jan 2021
Valuation Ratios
P/E Ratio	105.44	4.20	-	-	-	-1.19
Forward P/E	14.96	12.92	33.60	202.33	202.33	-
P/S Ratio	1.93	1.58	0.23	0.36	0.82	1.34
P/B Ratio	1.91	2.70	0.37	0.39	0.63	0.94
Price/Tangible Book	1.99	2.95	-	-	-	0.88
Price/FCF	41.13	345.22	-	-	-	-4.34
Price/OCF	30.58	113.48	-	-	-	-4.48
PEG Ratio	20.23	20.23	20.23	20.23	20.23	-
Enterprise Value Ratios
EV/Revenue	1.49	1.53	1.16	1.91	2.08	2.28
EV/EBITDA	16.34	9.26	24.86	-	-	-4.98
EV/EBIT	21.33	10.54	81.39	-	-	-3.37
EV/FCF	31.70	335.97	-	-	-	-7.36
Profitability & Returns
Return on Equity (ROE)	2.18%	20.31%	-4.81%	-22.86%	-44.76%	-87.89%
Return on Assets (ROA)	4.15%	12.14%	0.98%	-9.43%	-22.23%	-30.41%
Return on Invested Capital (ROIC)	3.16%	23.35%	-11.21%	-22.15%	-52.78%	-36.19%
Return on Capital Employed (ROCE)	6.80%	24.30%	2.20%	-23.60%	-46.40%	-35.07%
Leverage & Solvency Ratios
Debt/Equity	0.03	0.05	0.06	0.08	0.06	0.04
Debt/EBITDA	0.23	0.15	0.52	-	-	-0.24
Debt/FCF	0.57	6.17	-	-	-	-0.35
Liquidity Ratios
Current Ratio	6.03	3.71	2.76	2.49	2.73	3.42
Quick Ratio	4.25	1.98	1.15	0.45	1.24	1.19
Efficiency Ratios
Asset Turnover	0.95	1.33	1.10	0.67	0.56	0.43
Inventory Turnover	1.79	1.91	1.68	1.20	1.34	1.15
Yield & Distribution Ratios
Earnings Yield	0.95%	6.87%	3.25%	-97.79%	-79.36%	-84.11%
FCF Yield	2.43%	0.29%	-62.33%	-38.48%	-94.53%	-23.03%
Payout Ratio	-	-	345.26%	-	-	-
Buyback Yield	-104.22%	-190.04%	-0.07%	-2.03%	-10.00%	-3.10%
Total Return	-	-	-	-	-	-3.10%

Source: Company financial statements from annual and quarterly filings. Data as of Jul 31, 2026. Data sources and methodology

Frequently Asked Questions About MIND Technology Financial Ratios

What is MIND Technology's P/E ratio?

MIND Technology's P/E ratio was 105.44 for fiscal 2026 (period ended Jan 31, 2026). It was 4.20 a year earlier.

What is MIND Technology's return on equity?

MIND Technology's return on equity (ROE) was 2.2% for fiscal 2026 (period ended Jan 31, 2026). It was 20.3% a year earlier.

What is MIND Technology's debt-to-equity ratio?

MIND Technology's debt-to-equity ratio was 0.03 for fiscal 2026 (period ended Jan 31, 2026). It was 0.05 a year earlier.

What is return on equity (ROE)?

Return on equity is net income divided by shareholders' equity. It measures how much profit a company generates from the capital its shareholders have invested. Full definition