NITCO
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The Current P/S Ratio of NITCO is 1.39.
Share Price | ₹69.6 | Apr 30,2024 |
Market Cap | ₹500.2 Cr | |
Sales-TTM | ₹359.2 Cr | TTM-Consolidated Results |
Price/Sales | 1.39x | Calculated as Market Cap/Sales |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of NITCO
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹500.2 Cr] as on Apr 30,2024
(/) Sales [ ₹359.2 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 1.39x ]
Thus, for NITCO , the investors are currently willing to pay '1.39 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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
NITCO | 359.2 | 1.39 | 500.2 |
KAJARIA CERAMICS LTD | 4,542.4 | 4.23 | 19,201.8 |
CERA SANITARYWARE LTD | 1,864.1 | 5.02 | 9,353.2 |
SOMANY CERAMICS LTD | 2,533.1 | 1.02 | 2,586.1 |
POKARNA LTD | 688.8 | 2.12 | 1,457.3 |
GLOBAL SURFACES LTD | 156.3 | 6.42 | 1,003.2 |
ASIAN GRANITO INDIA LTD | 1,562.7 | 0.51 | 799.0 |
ORIENT BELL LTD | 666.5 | 0.84 | 559.6 |
EXXARO TILES LTD | 315.7 | 1.42 | 447.8 |
MURUDESHWAR CERAMICS LTD | 191.8 | 1.66 | 318.0 |
ASI INDUSTRIES LTD | 142.1 | 1.56 | 221.5 |
Ceramics/Marble/Granite/Sanitaryware Industry Benchmark (Top 10) PS Analysis vs NITCO 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.51x |
Max industry PS | 6.42x |
Median industry PS | 1.56x |
Average industry PS | 2.38x |
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