NITIN SPINNERS
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The Current P/E Ratio of NITIN SPINNERS is 11.04.
| Share Price | ₹327.2 | Feb 02,2026 |
| Market Cap | ₹1,838.9 Cr | |
| Earnings-TTM | ₹166.6 Cr | TTM-Standalone Results |
| Price/Earnings | 11.04x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
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)
Current Market Cap [ ₹1,838.9 Cr] as on Feb 02,2026
(/) Earnings [ ₹166.6 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 11.04x ]
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 11.04 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.
Thus, for NITIN SPINNERS , the investors are currently willing to pay 11.04 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 11.04x.
- 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.
- 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 Ratio | Market Cap |
|---|---|---|---|
| NITIN SPINNERS | 166.56 | 11.04 | 1,838.9 |
| TRIDENT LTD | 443.01 | 29.69 | 13,152.7 |
| SANATHAN TEXTILES LTD | 138.37 | 26.53 | 3,671.6 |
| FILATEX INDIA LTD | 177.12 | 11.72 | 2,076.0 |
| JAYBHARAT TEXTILES & REAL ESTATE LTD | -39.02 | -25.66 | 1,001.5 |
| AMBIKA COTTON MILLS LTD | 62.00 | 11.50 | 713.2 |
| RAJAPALAYAM MILLS LTD | -44.26 | -16.82 | 744.4 |
| NAHAR SPINNING MILLS LTD | 34.49 | 17.22 | 594.0 |
| SUTLEJ TEXTILES AND INDUSTRIES LTD | -90.21 | -5.19 | 468.6 |
| PRECOT LTD | 43.29 | 9.09 | 393.5 |
| NAHAR INDUSTRIAL ENTERPRISES LTD | 41.17 | 10.01 | 412.0 |
Textile - Spinning Industry Benchmark (Top 10) PE Analysis vs NITIN SPINNERS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -25.66x |
| Max industry PE | 29.69x |
| Median industry PE | 11.04x |
| Average industry PE | 7.19x |
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