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NITCO
PE (Price/Earnings) Ratio

The Current P/E Ratio of NITCO is -4.65.

Share Price ₹114.2Nov 19,2024
Market Cap ₹821.1 Cr
Earnings-TTM₹-176.7 CrTTM-Consolidated Results
Price/Earnings-4.65xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of NITCO

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of NITCO is calculated as :

Current Market Cap [ ₹821.1 Cr] as on Nov 19,2024

(/) Earnings [ ₹-176.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -4.65x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for NITCO , the investors are currently willing to pay -4.65 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 latest p/e ratio is -4.65x.

- 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 RatioMarket Cap
NITCO -176.69-4.65821.1
KAJARIA CERAMICS LTD396.3146.8618,572.7
CERA SANITARYWARE LTD243.2936.838,960.5
SOMANY CERAMICS LTD86.8830.312,633.5
POKARNA LTD115.5727.743,206.0
GLOBAL SURFACES LTD6.78111.95759.3
ASIAN GRANITO INDIA LTD-8.44-112.56949.9
ORIENT BELL LTD0.321,444.69462.3
EXXARO TILES LTD-2.99-136.39408.2
MURUDESHWAR CERAMICS LTD7.4239.49293.0
ASI INDUSTRIES LTD26.9013.25356.5

Ceramics/Marble/Granite/Sanitaryware Industry Benchmark (Top 10) PE Analysis vs NITCO 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -136.39x
Max industry PE 1,444.69x
Median industry PE 30.31x
Average industry PE 136.14x



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