NITCO
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The Current P/E Ratio of NITCO is -3.44.
Share Price | ₹119.1 | Apr 03,2025 |
Market Cap | ₹2,723.8 Cr | |
Earnings-TTM | ₹-791.7 Cr | TTM-Consolidated Results |
Price/Earnings | -3.44x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of NITCO
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,723.8 Cr] as on Apr 03,2025
(/) Earnings [ ₹-791.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -3.44x ]
Thus, for NITCO , the investors are currently willing to pay -3.44 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of NITCO !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of NITCO over the last five years.
Historical PE (Price/Earnings) ratio chart of NITCO
PE Ratio Performance Analysis for NITCO
- NITCO 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.00x.
- NITCO 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NITCO 's p/e ratio peaked in Mar2024 at 0x.
- NITCO 's p/e ratio hit its five-year low in Mar2024 of 0x.
How does NITCO 's P/E Ratio benchmark against top 10 peers in Ceramics/Marble/Granite/Sanitaryware Industry?
Peer Comparison (Ceramics/Marble/Granite/Sanitaryware Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
NITCO | -791.71 | -3.44 | 2,723.8 |
KAJARIA CERAMICS LTD | 368.03 | 35.82 | 13,183.8 |
CERA SANITARYWARE LTD | 238.13 | 30.96 | 7,371.8 |
POKARNA LTD | 144.84 | 20.35 | 2,947.2 |
SOMANY CERAMICS LTD | 73.15 | 24.32 | 1,779.2 |
ASIAN GRANITO INDIA LTD | -1.23 | -544.49 | 667.0 |
GLOBAL SURFACES LTD | -7.05 | -66.86 | 471.5 |
ORIENT BELL LTD | 4.68 | 79.23 | 370.8 |
EXXARO TILES LTD | -2.43 | -114.52 | 278.3 |
MURUDESHWAR CERAMICS LTD | 7.63 | 26.92 | 205.5 |
REGENCY CERAMICS LTD | -12.31 | -10.03 | 123.6 |
Ceramics/Marble/Granite/Sanitaryware Industry Benchmark (Top 10) PE Analysis vs NITCO 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -544.49x |
Max industry PE | 79.23x |
Median industry PE | 20.35x |
Average industry PE | -47.43x |
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