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NITCO
PE (Price/Earnings) Ratio

The Current P/E Ratio of NITCO is -51.89.

Share Price ₹74.5Nov 03,2026
Market Cap ₹1,881.4 Cr
Earnings-TTM₹-36.3 CrTTM-Consolidated Results
Price/Earnings-51.89xCalculated 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 [ ₹1,881.4 Cr] as on Nov 03,2026

(/) Earnings [ ₹-36.3 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -51.89x ]

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 -51.89 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 latest p/e ratio is -51.89x.

- 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 -36.26-51.891,881.4
KAJARIA CERAMICS LTD601.5029.8717,963.8
CERA SANITARYWARE LTD248.3024.256,021.0
MIDWEST LTD113.1432.973,729.6
POKARNA LTD122.8516.882,073.2
SOMANY CERAMICS LTD100.9522.392,260.4
ASIAN GRANITO INDIA LTD10.67126.691,351.9
ORIENT BELL LTD20.5826.16538.2
EXXARO TILES LTD5.9746.73278.7
MARBLE CITY INDIA LTD3.80104.65397.9
GLOBAL SURFACES LTD-32.05-3.0597.9

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

Top 10 Industry PeersPE Ratio
Min industry PE -51.89x
Max industry PE 126.69x
Median industry PE 26.16x
Average industry PE 34.15x



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