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NITCO
PE (Price/Earnings) Ratio

The Current P/E Ratio of NITCO is -75.29.

Share Price ₹86.8Sep 18,2026
Market Cap ₹2,193.6 Cr
Earnings-TTM₹-29.1 CrTTM-Consolidated Results
Price/Earnings-75.29xCalculated 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 [ ₹2,193.6 Cr] as on Sep 18,2026

(/) Earnings [ ₹-29.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -75.29x ]

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 -75.29 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 -75.29x.

- NITCO 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 16.15x.

- 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 Mar2026 at 80.75x.

- NITCO 's p/e ratio hit its five-year low in Mar2025 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 -29.14-75.292,193.6
KAJARIA CERAMICS LTD547.3434.5418,904.3
CERA SANITARYWARE LTD248.3029.307,275.4
MIDWEST LTD113.1431.383,549.7
POKARNA LTD94.9124.372,313.4
SOMANY CERAMICS LTD100.9523.232,344.9
ASIAN GRANITO INDIA LTD10.67140.641,500.8
ORIENT BELL LTD20.5828.26581.5
EXXARO TILES LTD4.1068.16279.2
MARBLE CITY INDIA LTD3.80120.16456.8
GLOBAL SURFACES LTD-31.20-3.77117.8

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

Top 10 Industry PeersPE Ratio
Min industry PE -75.29x
Max industry PE 140.64x
Median industry PE 29.30x
Average industry PE 38.27x



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