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NITIN SPINNERS
PE (Price/Earnings) Ratio

The Current P/E Ratio of NITIN SPINNERS is 16.30.

Share Price ₹514.8May 21,2026
Market Cap ₹2,893.2 Cr
Earnings-TTM₹177.6 CrTTM-Standalone Results
Price/Earnings16.30xCalculated 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 [ ₹2,893.2 Cr] as on May 21,2026

(/) Earnings [ ₹177.6 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 16.30x ]

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 16.30 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 16.30x.

- 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 177.5516.302,893.2
TRIDENT LTD369.2033.9712,541.2
SANATHAN TEXTILES LTD77.3544.903,472.8
FILATEX INDIA LTD183.2510.271,881.9
SUMEET INDUSTRIES LTD94.5516.631,572.7
PASHUPATI COTSPIN LTD9.65149.411,441.4
JAYBHARAT TEXTILES & REAL ESTATE LTD-39.02-25.40991.2
NAHAR SPINNING MILLS LTD20.8245.95956.5
AMBIKA COTTON MILLS LTD62.8914.03882.6
GHCL TEXTILES LTD70.3712.58885.0
PRECOT LTD35.8525.75923.3

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

Top 10 Industry PeersPE Ratio
Min industry PE -25.40x
Max industry PE 149.41x
Median industry PE 16.63x
Average industry PE 31.31x



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