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NITCO
PS (Price/Sales) Ratio

The Current P/S Ratio of NITCO is 1.17.

Share Price ₹58.3Apr 16,2024
Market Cap ₹418.8 Cr
Sales-TTM₹359.2 CrTTM-Consolidated Results
Price/Sales1.17xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of NITCO

Price-to-Sales ratio, P/S Multiple, or P/S Ratio is an important valuation multiple that is defined as:

P/S = Market Capitalization / Sales

or, using per-share numbers:

P/S = Stock Price / Sales Per Share

Applying the above formula, P/S ratio of NITCO is calculated as :

Current Market Cap [ ₹418.8 Cr] as on Apr 16,2024

(/) Sales [ ₹359.2 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 1.17x ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

Thus, for NITCO , the investors are currently willing to pay '1.17 times sales' to own 1 share of the company.

PS Multiples are one of the most widely used valuation multiple in the industry.

P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.

You may also explore Price to Earnings ratio or Price to Book ratio of NITCO !

The chart below summarizes the trend in P/S Ratio of NITCO over the last five years.

Historical PS (Price/Sales) ratio chart of NITCO


PS Ratio Performance Analysis for NITCO

- NITCO 's latest p/e ratio is 1.17x.

- NITCO 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.37x.

- NITCO 's operated at median p/e ratio of 0.4x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NITCO 's p/e ratio peaked in Mar2019 at 0.47x.

- NITCO 's p/e ratio hit its five-year low in Mar2020 of 0.2x.


How does NITCO 's P/S Ratio benchmark against top 10 peers in Ceramics/Marble/Granite/Sanitaryware Industry?

Peer Comparison (Ceramics/Marble/Granite/Sanitaryware Industry)Sales (Cr)PS RatioMarket Cap (Cr)
NITCO 359.21.17418.8
KAJARIA CERAMICS LTD4,542.44.3019,540.2
CERA SANITARYWARE LTD1,864.15.019,341.0
SOMANY CERAMICS LTD2,533.10.972,467.6
POKARNA LTD688.82.111,453.8
GLOBAL SURFACES LTD156.35.91923.5
ASIAN GRANITO INDIA LTD1,562.70.49758.1
ORIENT BELL LTD666.50.79528.4
EXXARO TILES LTD315.71.39438.8
MURUDESHWAR CERAMICS LTD191.81.56299.6
ASI INDUSTRIES LTD142.11.71242.6

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

Top 10 Industry PeersPS Ratio
Min industry PS 0.49x
Max industry PS 5.91x
Median industry PS 1.56x
Average industry PS 2.31x



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