NITCO
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The Current P/B Ratio of NITCO is -5.17.
Share Price | ₹115.9 | Apr 17,2025 |
Market Cap | ₹2,649.5 Cr | |
Book Value | ₹-512.2 Cr | Mar2024 - Consolidated Results |
Price/Book | -5.17x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of NITCO
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹2,649.5 Cr] as on Apr 17,2025
(/) Book Value [ ₹-512.2 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ -5.17x ]
Thus, for NITCO , the investors are currently willing to pay '-5.17 times book value' to own 1 share of the company.
PB Multiples are one of the most widely used valuation multiple in industry.
Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.
In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of NITCO !
The chart below summarizes the trend in P/B Ratio of NITCO over the last five years.
Historical PB (Price/Book ) ratio chart of NITCO
PB Ratio Performance Analysis for NITCO
- NITCO 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged -0.50x.
- NITCO 's operated at median p/b ratio of -0.78x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NITCO 's p/b ratio peaked in Mar2020 at 1.42x.
- NITCO 's p/b ratio hit its five-year low in Mar2021 of -1.89x.
How does NITCO 's P/B Ratio benchmark against top 10 peers in Ceramics/Marble/Granite/Sanitaryware Industry?
Peer Comparison (Ceramics/Marble/Granite/Sanitaryware Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
NITCO | -512.17 | -5.17 | 2,649.5 |
KAJARIA CERAMICS LTD | 2,601.04 | 4.98 | 12,945.7 |
CERA SANITARYWARE LTD | 1,345.79 | 5.42 | 7,288.0 |
POKARNA LTD | 592.33 | 5.06 | 2,995.9 |
SOMANY CERAMICS LTD | 713.27 | 2.53 | 1,803.4 |
ASIAN GRANITO INDIA LTD | 1,242.90 | 0.53 | 664.2 |
GLOBAL SURFACES LTD | 280.63 | 1.84 | 516.6 |
ORIENT BELL LTD | 309.03 | 1.19 | 367.2 |
EXXARO TILES LTD | 276.74 | 1.03 | 285.5 |
MURUDESHWAR CERAMICS LTD | 365.50 | 0.59 | 215.0 |
REGENCY CERAMICS LTD | -62.34 | -1.97 | 122.7 |
Ceramics/Marble/Granite/Sanitaryware Industry Benchmark (Top 10) PB Analysis vs NITCO 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -5.17x |
Max industry PB | 5.42x |
Median industry PB | 1.19x |
Average industry PB | 1.46x |
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