NITCO
|
The Current P/E Ratio of NITCO is -3.05.
Share Price | ₹64.3 | Apr 24,2024 |
Market Cap | ₹462.2 Cr | |
Earnings-TTM | ₹-151.7 Cr | TTM-Consolidated Results |
Price/Earnings | -3.05x | Calculated as Market Cap/Earnings |
---|---|---|
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 [ ₹462.2 Cr] as on Apr 24,2024
(/) Earnings [ ₹-151.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -3.05x ]
Thus, for NITCO , the investors are currently willing to pay -3.05 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 Mar2023 to Mar2019 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 Mar2023 at 0x.
- NITCO 's p/e ratio hit its five-year low in Mar2023 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 | -151.70 | -3.05 | 462.2 |
KAJARIA CERAMICS LTD | 439.16 | 44.26 | 19,439.1 |
CERA SANITARYWARE LTD | 228.78 | 41.20 | 9,424.5 |
SOMANY CERAMICS LTD | 89.90 | 29.10 | 2,615.8 |
POKARNA LTD | 82.54 | 17.84 | 1,472.2 |
GLOBAL SURFACES LTD | 14.70 | 61.65 | 906.1 |
ASIAN GRANITO INDIA LTD | -62.62 | -12.69 | 794.8 |
ORIENT BELL LTD | 1.57 | 341.92 | 536.8 |
EXXARO TILES LTD | 2.15 | 203.63 | 438.4 |
MURUDESHWAR CERAMICS LTD | 6.66 | 46.04 | 306.5 |
ASI INDUSTRIES LTD | 23.05 | 9.91 | 228.4 |
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 | -12.69x |
Max industry PE | 341.92x |
Median industry PE | 41.20x |
Average industry PE | 70.89x |
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