NITIN SPINNERS
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The Current P/E Ratio of NITIN SPINNERS is 12.16.
| Share Price | ₹360.3 | Mar 12,2026 |
| Market Cap | ₹2,024.9 Cr | |
| Earnings-TTM | ₹166.6 Cr | TTM-Standalone Results |
| Price/Earnings | 12.16x | 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 [ ₹2,024.9 Cr] as on Mar 12,2026
(/) Earnings [ ₹166.6 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 12.16x ]
Thus, for NITIN SPINNERS , the investors are currently willing to pay 12.16 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 | 166.56 | 12.16 | 2,024.9 |
| TRIDENT LTD | 404.13 | 29.38 | 11,873.6 |
| SANATHAN TEXTILES LTD | 99.43 | 34.63 | 3,442.8 |
| FILATEX INDIA LTD | 185.03 | 10.23 | 1,893.5 |
| JAYBHARAT TEXTILES & REAL ESTATE LTD | -39.02 | -25.66 | 1,001.5 |
| AMBIKA COTTON MILLS LTD | 62.89 | 12.41 | 780.3 |
| RAJAPALAYAM MILLS LTD | -32.97 | -21.35 | 703.9 |
| NAHAR SPINNING MILLS LTD | 20.82 | 33.74 | 702.4 |
| SUTLEJ TEXTILES AND INDUSTRIES LTD | -80.72 | -6.55 | 528.4 |
| PRECOT LTD | 39.84 | 14.71 | 586.1 |
| NAHAR INDUSTRIAL ENTERPRISES LTD | 41.65 | 9.52 | 396.6 |
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 | 34.63x |
| Median industry PE | 12.16x |
| Average industry PE | 9.38x |
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