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NITIN SPINNERS
PE (Price/Earnings) Ratio

The Current P/E Ratio of NITIN SPINNERS is 11.35.

Share Price ₹336.5Feb 16,2026
Market Cap ₹1,891.1 Cr
Earnings-TTM₹166.6 CrTTM-Standalone Results
Price/Earnings11.35xCalculated 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 [ ₹1,891.1 Cr] as on Feb 16,2026

(/) Earnings [ ₹166.6 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 11.35x ]

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 11.35 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 11.35x.

- 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 166.5611.351,891.1
TRIDENT LTD404.1333.3013,458.4
SANATHAN TEXTILES LTD99.4335.863,565.7
FILATEX INDIA LTD185.0311.322,094.6
JAYBHARAT TEXTILES & REAL ESTATE LTD-39.02-25.661,001.5
AMBIKA COTTON MILLS LTD62.8912.52787.1
RAJAPALAYAM MILLS LTD-32.97-22.94756.2
NAHAR SPINNING MILLS LTD20.8234.39715.9
SUTLEJ TEXTILES AND INDUSTRIES LTD-80.72-6.33511.2
PRECOT LTD39.8414.66583.9
NAHAR INDUSTRIAL ENTERPRISES LTD41.6510.78448.9

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

Top 10 Industry PeersPE Ratio
Min industry PE -25.66x
Max industry PE 35.86x
Median industry PE 11.35x
Average industry PE 9.93x



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