NITCO
|
The Current P/B Ratio of NITCO is 9.65.
| Share Price | ₹81.1 | Jan 23,2026 |
| Market Cap | ₹1,858.5 Cr | |
| Book Value | ₹192.6 Cr | Mar2025 - Consolidated Results |
| Price/Book | 9.65x | 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 [ ₹1,858.5 Cr] as on Jan 23,2026
(/) Book Value [ ₹192.6 Cr] based on Mar2025 - Consolidated Results
(=) P/B Ratio [ 9.65x ]
Thus, for NITCO , the investors are currently willing to pay '9.65 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 Mar2025 to Mar2021 averaged 2.01x.
- 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 Mar2025 at 13.97x.
- 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 | 192.63 | 9.65 | 1,858.5 |
| KAJARIA CERAMICS LTD | 2,723.32 | 5.47 | 14,883.2 |
| CERA SANITARYWARE LTD | 1,350.48 | 4.72 | 6,372.2 |
| POKARNA LTD | 777.98 | 2.87 | 2,234.6 |
| SOMANY CERAMICS LTD | 761.26 | 2.06 | 1,571.0 |
| ASIAN GRANITO INDIA LTD | 1,367.84 | 1.18 | 1,612.5 |
| GLOBAL SURFACES LTD | 252.47 | 1.36 | 342.7 |
| ORIENT BELL LTD | 313.96 | 1.28 | 401.1 |
| EXXARO TILES LTD | 276.77 | 1.17 | 322.6 |
| MURUDESHWAR CERAMICS LTD | 372.08 | 0.52 | 193.7 |
| REGENCY CERAMICS LTD | -60.09 | -2.07 | 124.3 |
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 | -2.07x |
| Max industry PB | 9.65x |
| Median industry PB | 1.36x |
| Average industry PB | 2.56x |
You may also like the below Video Courses