NITCO
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The Current P/E Ratio of NITCO is -51.89.
| Share Price | ₹74.5 | Nov 03,2026 |
| Market Cap | ₹1,881.4 Cr | |
| Earnings-TTM | ₹-36.3 Cr | TTM-Consolidated Results |
| Price/Earnings | -51.89x | 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 [ ₹1,881.4 Cr] as on Nov 03,2026
(/) Earnings [ ₹-36.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -51.89x ]
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 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 Ratio | Market Cap |
|---|---|---|---|
| NITCO | -36.26 | -51.89 | 1,881.4 |
| KAJARIA CERAMICS LTD | 601.50 | 29.87 | 17,963.8 |
| CERA SANITARYWARE LTD | 248.30 | 24.25 | 6,021.0 |
| MIDWEST LTD | 113.14 | 32.97 | 3,729.6 |
| POKARNA LTD | 122.85 | 16.88 | 2,073.2 |
| SOMANY CERAMICS LTD | 100.95 | 22.39 | 2,260.4 |
| ASIAN GRANITO INDIA LTD | 10.67 | 126.69 | 1,351.9 |
| ORIENT BELL LTD | 20.58 | 26.16 | 538.2 |
| EXXARO TILES LTD | 5.97 | 46.73 | 278.7 |
| MARBLE CITY INDIA LTD | 3.80 | 104.65 | 397.9 |
| GLOBAL SURFACES LTD | -32.05 | -3.05 | 97.9 |
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 | -51.89x |
| Max industry PE | 126.69x |
| Median industry PE | 26.16x |
| Average industry PE | 34.15x |
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