NITIN SPINNERS
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The Current P/E Ratio of NITIN SPINNERS is 16.60.
| Share Price | ₹625.9 | Aug 26,2026 |
| Market Cap | ₹3,517.3 Cr | |
| Earnings-TTM | ₹211.8 Cr | TTM-Standalone Results |
| Price/Earnings | 16.60x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of NITIN SPINNERS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 | 211.83 | 16.60 | 3,517.3 |
| TRIDENT LTD | 387.10 | 32.17 | 12,454.5 |
| SANATHAN TEXTILES LTD | 60.74 | 64.12 | 3,894.4 |
| FILATEX INDIA LTD | 191.11 | 17.53 | 3,350.4 |
| SUMEET INDUSTRIES LTD | 23.82 | 37.91 | 903.2 |
| PASHUPATI COTSPIN LTD | 15.74 | 84.43 | 1,329.0 |
| JAYBHARAT TEXTILES & REAL ESTATE LTD | -39.02 | -21.58 | 842.2 |
| NAHAR SPINNING MILLS LTD | 75.74 | 14.07 | 1,065.6 |
| AMBIKA COTTON MILLS LTD | 81.34 | 11.53 | 938.0 |
| GHCL TEXTILES LTD | 96.20 | 12.58 | 1,210.1 |
| PRECOT LTD | 51.16 | 16.31 | 834.5 |
Textile - Spinning Industry Benchmark (Top 10) PE Analysis vs NITIN SPINNERS 's P/E Ratio
| Top 10 Industry Peers | PE 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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