NITCO
|
The Current P/E Ratio of NITCO is -3.93.
Share Price | ₹127.4 | May 05,2025 |
Market Cap | ₹2,913.6 Cr | |
Earnings-TTM | ₹-741.2 Cr | TTM-Consolidated Results |
Price/Earnings | -3.93x | 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 [ ₹2,913.6 Cr] as on May 05,2025
(/) Earnings [ ₹-741.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -3.93x ]
Thus, for NITCO , the investors are currently willing to pay -3.93 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 Mar2024 to Mar2020 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 Mar2024 at 0x.
- NITCO 's p/e ratio hit its five-year low in Mar2024 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 | -741.20 | -3.93 | 2,913.6 |
KAJARIA CERAMICS LTD | 368.03 | 35.63 | 13,114.5 |
CERA SANITARYWARE LTD | 238.13 | 29.13 | 6,938.0 |
POKARNA LTD | 144.84 | 19.39 | 2,808.3 |
SOMANY CERAMICS LTD | 73.15 | 23.51 | 1,719.9 |
ASIAN GRANITO INDIA LTD | -1.23 | -535.25 | 655.7 |
GLOBAL SURFACES LTD | -7.05 | -69.05 | 487.0 |
ORIENT BELL LTD | 4.68 | 71.72 | 335.6 |
EXXARO TILES LTD | -2.43 | -114.71 | 278.7 |
MURUDESHWAR CERAMICS LTD | 7.63 | 26.65 | 203.4 |
REGENCY CERAMICS LTD | -12.31 | -9.34 | 115.0 |
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 | -535.25x |
Max industry PE | 71.72x |
Median industry PE | 19.39x |
Average industry PE | -47.84x |
You may also like the below Video Courses