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NITCO
PE (Price/Earnings) Ratio

The Current P/E Ratio of NITCO is -3.20.

Share Price ₹85.9Feb 03,2026
Market Cap ₹1,968.0 Cr
Earnings-TTM₹-614.7 CrTTM-Consolidated Results
Price/Earnings-3.20xCalculated 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 [ ₹1,968.0 Cr] as on Feb 03,2026

(/) Earnings [ ₹-614.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -3.20x ]

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 -3.20 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 -3.20x.

- 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 RatioMarket Cap
NITCO -614.68-3.201,968.0
KAJARIA CERAMICS LTD399.9136.5014,597.3
CERA SANITARYWARE LTD248.3026.746,638.6
POKARNA LTD144.0818.722,696.9
SOMANY CERAMICS LTD55.3830.771,704.1
ASIAN GRANITO INDIA LTD39.5143.301,710.6
GLOBAL SURFACES LTD-19.48-19.42378.3
ORIENT BELL LTD7.7451.50398.7
EXXARO TILES LTD6.7548.98330.6
MURUDESHWAR CERAMICS LTD10.4319.87207.3
REGENCY CERAMICS LTD1.4483.12119.8

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

Top 10 Industry PeersPE Ratio
Min industry PE -19.42x
Max industry PE 83.12x
Median industry PE 30.77x
Average industry PE 30.62x



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