NITCO
|
The Current P/E Ratio of NITCO is -4.65.
Share Price | ₹114.2 | Nov 19,2024 |
Market Cap | ₹821.1 Cr | |
Earnings-TTM | ₹-176.7 Cr | TTM-Consolidated Results |
Price/Earnings | -4.65x | 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 [ ₹821.1 Cr] as on Nov 19,2024
(/) Earnings [ ₹-176.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -4.65x ]
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 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 | -176.69 | -4.65 | 821.1 |
KAJARIA CERAMICS LTD | 396.31 | 46.86 | 18,572.7 |
CERA SANITARYWARE LTD | 243.29 | 36.83 | 8,960.5 |
SOMANY CERAMICS LTD | 86.88 | 30.31 | 2,633.5 |
POKARNA LTD | 115.57 | 27.74 | 3,206.0 |
GLOBAL SURFACES LTD | 6.78 | 111.95 | 759.3 |
ASIAN GRANITO INDIA LTD | -8.44 | -112.56 | 949.9 |
ORIENT BELL LTD | 0.32 | 1,444.69 | 462.3 |
EXXARO TILES LTD | -2.99 | -136.39 | 408.2 |
MURUDESHWAR CERAMICS LTD | 7.42 | 39.49 | 293.0 |
ASI INDUSTRIES LTD | 26.90 | 13.25 | 356.5 |
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 | -136.39x |
Max industry PE | 1,444.69x |
Median industry PE | 30.31x |
Average industry PE | 136.14x |
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