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NITIN SPINNERS
PE (Price/Earnings) Ratio

The Current P/E Ratio of NITIN SPINNERS is 16.60.

Share Price ₹625.9Aug 26,2026
Market Cap ₹3,517.3 Cr
Earnings-TTM₹211.8 CrTTM-Standalone Results
Price/Earnings16.60xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of NITIN SPINNERS

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 NITIN SPINNERS is calculated as :

Current Market Cap [ ₹3,517.3 Cr] as on Aug 26,2026

(/) Earnings [ ₹211.8 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 16.60x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for NITIN SPINNERS , the investors are currently willing to pay 16.60 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 NITIN SPINNERS !

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 NITIN SPINNERS over the last five years.

Historical PE (Price/Earnings) ratio chart of NITIN SPINNERS


PE Ratio Performance Analysis for NITIN SPINNERS

- NITIN SPINNERS 's latest p/e ratio is 16.60x.

- NITIN SPINNERS 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 8.46x.

- NITIN SPINNERS 's operated at median p/e ratio of 7.7x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NITIN SPINNERS 's p/e ratio peaked in Mar2024 at 13.85x.

- NITIN SPINNERS 's p/e ratio hit its five-year low in Mar2022 of 3.91x.


How does NITIN SPINNERS 's P/E Ratio benchmark against top 10 peers in Textile - Spinning Industry?

Peer Comparison (Textile - Spinning Industry)Earnings-TTM (Cr)PE RatioMarket Cap
NITIN SPINNERS 211.8316.603,517.3
TRIDENT LTD387.1032.1712,454.5
SANATHAN TEXTILES LTD60.7464.123,894.4
FILATEX INDIA LTD191.1117.533,350.4
SUMEET INDUSTRIES LTD23.8237.91903.2
PASHUPATI COTSPIN LTD15.7484.431,329.0
JAYBHARAT TEXTILES & REAL ESTATE LTD-39.02-21.58842.2
NAHAR SPINNING MILLS LTD75.7414.071,065.6
AMBIKA COTTON MILLS LTD81.3411.53938.0
GHCL TEXTILES LTD96.2012.581,210.1
PRECOT LTD51.1616.31834.5

Textile - Spinning Industry Benchmark (Top 10) PE Analysis vs NITIN SPINNERS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -21.58x
Max industry PE 84.43x
Median industry PE 16.60x
Average industry PE 25.97x



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