ITC (ITCTY) EV-to-EBITDA: 9.72 (As of Aug. 20, 2026) — 35% Below Median

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ITCTY ITC Ltd ITCTY
55 GF Score
Price $2.60
GF Value $5.78
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is ITC EV-to-EBITDA?

ITC ITCTY 55 EV-to-EBITDA is 9.72 as of Aug. 20, 2026, which is 35% below its 10-year median of 15.05. GuruFocus rates ITCTY with a GF Score™ of 55/100 and a GF Value™ of $5.78 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 38 Tobacco Products companies, ITC ranks worse than 63.16% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, ITC's enterprise value is $30,406 Mil. ITC's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $3,130 Mil. Therefore, ITC's EV-to-EBITDA for today is 9.72.

The historical rank and industry rank for ITC's EV-to-EBITDA or its related term are showing as below:

ITCTY' s EV-to-EBITDA Range Over the Past 10 Years
Min: 8.1   Med: 15.05   Max: 68.7
Current: 11.47

During the past 13 years, the highest EV-to-EBITDA of ITC was 68.70. The lowest was 8.10. And the median was 15.05.

ITCTY's EV-to-EBITDA is ranked worse than
63.16% of 38 companies
in the Tobacco Products industry
Industry Median: 8.7 vs ITCTY: 11.47

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-20), ITC's stock price is $2.60. ITC's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $0.173. Therefore, ITC's PE Ratio (TTM) for today is 15.03.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


ITC  (OTCPK:ITCTY) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

ITC's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2.60/0.173
=15.03

ITC's share price for today is $2.60.
ITC's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.173.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


ITC EV-to-EBITDA Related Terms


ITC EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for ITC's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ITC EV-to-EBITDA Chart

ITC Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.50 15.77 17.54 17.06 11.39

ITC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.04 16.59 17.17 11.39 12.58

ITCTY vs PM, MO, TPB: EV-to-EBITDA Comparison

For the Tobacco subindustry, ITC's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ITC EV-to-EBITDA vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, ITC's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where ITC's EV-to-EBITDA falls into.


ITCTY
55GF Score
ITC Ltd ITCTY
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ITC EV-to-EBITDA Calculation

ITC's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=30406.068/3129.607
=9.72

ITC's current Enterprise Value is $30,406 Mil.
ITC's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,130 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 9.72 mean?
ITC (ITCTY) has a EV-to-EBITDA of 9.72 as of Aug. 20, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on ITC. This is 35% below median its historical median of 15.05. Over the past decade, ITC's EV-to-EBITDA has ranged from 8.10 to 68.70. According to the industry distribution chart, ITC ranks #24 out of 38 companies in the Tobacco Products industry, placing it in the top 63.2%.
Is ITC's EV-to-EBITDA too high?
ITC's current EV-to-EBITDA of 9.72 is 35% below median its 10-year median of 15.05. Over the past 10 years, this metric has ranged from a low of 8.10 to a high of 68.70. The Tobacco Products industry median EV-to-EBITDA is 8.70. ITC's value of 9.72 is 11.7% above this industry median. Based on the distribution chart, ITC ranks #24 out of 38 companies in the Tobacco Products industry, which is below the industry midpoint. Overall, ITC has a GF Score™ of 55/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ITC's EV-to-EBITDA compare to PM and MO?
According to the Tobacco Products industry distribution chart, ITC ranks #24 out of 38 companies for EV-to-EBITDA. This places ITC in the lower half of its industry. The industry median EV-to-EBITDA is 8.70. ITC's value of 9.72 is 11.7% above this benchmark. Historically, ITC's own EV-to-EBITDA has ranged from 8.10 to 68.70 over the past decade. While the company's 10-year median is 15.05 vs. the industry median of 8.70, ITC has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Tobacco Products company?
The median EV-to-EBITDA among Tobacco Products companies is 8.70, based on 38 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ITC's current EV-to-EBITDA of 9.72 is 11.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on ITC. For the Tobacco Products industry, the median EV-to-EBITDA is 8.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ITC's current EV-to-EBITDA is 9.72, which is 35% below median its own 10-year median of 15.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ITC stock overvalued right now?
Based on GuruFocus' analysis, ITC (ITCTY) is currently considered Significantly Undervalued. The stock's GF Value™ is $5.78, compared to a current price of $2.60 — trading 55% below its estimated fair value. The current EV-to-EBITDA is 9.72, which is 35% below median its 10-year median of 15.05 and 11.7% above the Tobacco Products industry median of 8.70. ITC's overall GF Score™ is 55/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For ITC (ITCTY), the current EV-to-EBITDA is 9.72 as of Aug. 20, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ITC (ITCTY) Overvalued in 2026?

Based on GuruFocus' analysis, ITC stock appears to be undervalued. The current stock price of $2.60 is trading 55% below its estimated GF Value™ of $5.78. GuruFocus considers ITC to be Significantly Undervalued.

Key valuation signals for ITCTY:

  • EV-to-EBITDA: 9.72 (35% below median its 10-year median of 15.05)
  • GF Value™: $5.78 vs. price of $2.60 (55% below fair value)
  • GF Score™: 55/100 with 2 warning signs
  • Industry Position: 11.7% above the Tobacco Products median (#24 of 38)

No single metric tells the full story. See the ITCTY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ITC Business Description

Other Exchanges ITC:India500875:India
Address 37 Jawaharlal Nehru Road, Virginia House, Kolkata, WB, IND, 700071
ITC Ltd is an Indian conglomerate that predominantly operates in the consumer goods space, particularly cigarettes. The company operates in three main business segments: Fast Moving Consumer Goods; Paperboards, Paper, and Packaging; and Agri-Business. The company's total revenue comes from the Fast Moving Consumer Goods Business, which is dominated by cigarettes but also includes branded packaged foods, personal care products, and other categories. The company generates the vast majority of its revenue in India.
55GF Score

Get the complete analysis for ITCTY

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.60
Price
$5.78
GF Value