NITCO
|
The Current P/B Ratio of NITCO is 6.32.
| Share Price | ₹82.9 | Oct 12,2026 |
| Market Cap | ₹2,094.8 Cr | |
| Book Value | ₹331.2 Cr | Mar2026 - Consolidated Results |
| Price/Book | 6.32x | Calculated as MarketCap/Book Value |
|---|---|---|
| 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 [ ₹2,094.8 Cr] as on Oct 12,2026
(/) Book Value [ ₹331.2 Cr] based on Mar2026 - Consolidated Results
(=) P/B Ratio [ 6.32x ]
Thus, for NITCO , the investors are currently willing to pay '6.32 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 Mar2026 to Mar2022 averaged 3.80x.
- NITCO 's operated at median p/b ratio of -0.4x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NITCO 's p/b ratio peaked in Mar2025 at 13.97x.
- NITCO 's p/b ratio hit its five-year low in Mar2022 of -0.83x.
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 | 331.22 | 6.32 | 2,094.8 |
| KAJARIA CERAMICS LTD | 3,030.82 | 6.35 | 19,240.6 |
| CERA SANITARYWARE LTD | 1,350.48 | 4.75 | 6,415.0 |
| MIDWEST LTD | 957.73 | 3.82 | 3,661.8 |
| POKARNA LTD | 856.97 | 2.41 | 2,065.6 |
| SOMANY CERAMICS LTD | 829.63 | 3.02 | 2,507.1 |
| ASIAN GRANITO INDIA LTD | 1,522.58 | 1.00 | 1,527.1 |
| ORIENT BELL LTD | 327.76 | 1.82 | 597.1 |
| EXXARO TILES LTD | 279.71 | 0.98 | 274.3 |
| MARBLE CITY INDIA LTD | 60.31 | 7.39 | 445.8 |
| GLOBAL SURFACES LTD | 270.58 | 0.42 | 114.5 |
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 | 0.42x |
| Max industry PB | 7.39x |
| Median industry PB | 3.02x |
| Average industry PB | 3.48x |
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