| NITCO  | 
The Current P/E Ratio of NITCO  is -3.89.
                
| Share Price | ₹110.5 | Oct 30,2025 | 
| Market Cap | ₹2,531.6 Cr | |
| Earnings-TTM | ₹-650.2 Cr | TTM-Consolidated Results | 
| Price/Earnings | -3.89x | 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 [ ₹2,531.6 Cr] as on Oct 30,2025                     
                    (/) Earnings [ ₹-650.2 Cr] based on TTM-Consolidated Results
                                    
                
                (=) P/E Ratio [ -3.89x ]
            
Thus, for NITCO , the investors are currently willing to pay -3.89 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 Mar2025 to Mar2021 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 Mar2025 at 0x.
- 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 Ratio | Market Cap | 
|---|---|---|---|
| NITCO | -650.23 | -3.89 | 2,531.6 | 
| KAJARIA CERAMICS LTD | 392.68 | 49.32 | 19,365.1 | 
| CERA SANITARYWARE LTD | 248.30 | 32.14 | 7,979.8 | 
| POKARNA LTD | 182.63 | 15.35 | 2,803.9 | 
| SOMANY CERAMICS LTD | 53.07 | 35.44 | 1,881.1 | 
| ASIAN GRANITO INDIA LTD | 27.50 | 52.76 | 1,450.8 | 
| GLOBAL SURFACES LTD | -28.21 | -16.01 | 451.8 | 
| ORIENT BELL LTD | 3.84 | 112.91 | 433.6 | 
| EXXARO TILES LTD | 4.93 | 67.50 | 332.4 | 
| MURUDESHWAR CERAMICS LTD | 9.95 | 26.54 | 264.2 | 
| REGENCY CERAMICS LTD | 3.10 | 40.06 | 124.3 | 
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 | -16.01x | 
| Max industry PE | 112.91x | 
| Median industry PE | 35.44x | 
| Average industry PE | 37.47x | 
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