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Nitin Spinners Ltd PE Ratio

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Nitin Spinners Ltd

NSE: NITINSPIN

PE

14.5

Last updated on: Jan 15, 2025

Key Highlights

  • The P/E Ratio of Nitin Spinners Ltd is 14.5 as of 15 Jan 14:03 PM .
  • The P/E Ratio of Nitin Spinners Ltd changed from 6.6 on March 2020 to 13.9 on March 2024 . This represents a CAGR of 16.06% over 5 years.
  • The Latest Trading Price of Nitin Spinners Ltd is ₹ 404.85 as of 15 Jan 13:53 .
  • The PE Ratio of Textiles Industry has changed from 9.9 to 36.9 in 5 years. This represents a CAGR of 30.10%.
  • The PE Ratio of Automobile industry is 20.3. The PE Ratio of Finance industry is 17.8. The PE Ratio of IT - Software industry is 30.4. The PE Ratio of Retail industry is 157.6. The PE Ratio of Textiles industry is 36.9 in 2024.

Historical P/E Ratio of Nitin Spinners Ltd

No data available

Company Fundamentals for Nitin Spinners Ltd

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Nitin Spinners Ltd

NSE: NITINSPIN

Share Price

₹ 404.85

4.90 (1.23%)

stock direction

Last updated on: Jan 15, 2025

Market Price of Nitin Spinners Ltd

1M

1Y

3Y

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Monitoring Nitin Spinners Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
14 Jan 2025399.95
13 Jan 2025388.4
10 Jan 2025393.95
09 Jan 2025397.35
08 Jan 2025402.45
07 Jan 2025416.15
06 Jan 2025404.85
03 Jan 2025431.9
02 Jan 2025438.3
01 Jan 2025446.15

SWOT Analysis Of Nitin Spinners Ltd

Strength

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Weakness

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Opportunity

0

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Threats

1

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BlinkX Score for Nitin Spinners Ltd

Asset Value vs Market Value of Nitin Spinners Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/E Ratio

Company
leftMarket Capright
Nitin Spinners Ltd2248
Grasim Industries Ltd152247
Trident Ltd15895
Welspun Living Ltd14286
Vardhman Textiles Ltd13321

PE Ratio of Nitin Spinners Ltd Explained

``

2248

Market cap

155

Earnings

14.5X

PE Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio of Textiles Industry over time

PE Ratio of Top Sectors

Historical Market Cap of Nitin Spinners Ltd

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Nitin Spinners Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Historical Dividend Payout of Nitin Spinners Ltd

No data available

* All values are in %

About Nitin Spinners Ltd

  • Nitin Spinners Ltd was incorporated on 15th October, 1992 as a private limited Company with the name Nitin Spinners Pvt Ltd. On November 15, 1994, the company was converted into public limited company and the name was changed to Nitin Spinners Ltd. Nitin Spinners Ltd is an ISO 9001:2008 company and a Government of India recognized Export House, manufacturing 100% Cotton Yarns and Fabrics.
  • The company engaged in the textiles business.
  • They manufacture the range of yarn which include open end yarns, multifold open end yarns, ring spun combed yarns, multifold ring spun yarns, S and Z twist yarns, dyeable cheese cones and organic cotton yarns and blends. The company offers fabrics in greige form in tubular and open width.
  • The range includes single jersey, pique structures, interlock structures, rib structures and three thread fleece.

Nitin Spinners Ltd News Hub

Nitin Spinners announces board meeting date

Nitin Spinners will hold a meeting of the Board of Directors of the Company on 7 November 2024 Power

Read more

2024-10-26 00:00:00

Nitin Spinners standalone net profit rises 33.00% in the September 2024 quarter

Net profit of Nitin Spinners rose 33.00% to Rs 42.16 crore in the quarter ended September 2024 as ag

Read more

2024-11-07 00:00:00

Product Composition by Percentage (Revenue)

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Annual Reports

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Credit Ratings

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Concalls

Data not available

FAQs for PE of Nitin Spinners Ltd

What is the current PE Ratio of Nitin Spinners Ltd?

The Current PE Ratio of Nitin Spinners Ltd is 14.49 as on 15 Jan 2025.

What is the average PE Ratio of the Textiles industry?

The average industry PE Ratio of Textiles is 36.9 as on 15 Jan 2025.

What was the PE Ratio of Nitin Spinners Ltd last year?

The PE Ratio of Nitin Spinners Ltd was 7.7 last year, now the PE ratio is 14.49, showing a year-on-year growth of 88.2%.

What does the PE Ratio of Nitin Spinners Ltd indicate about its stock?

The PE Ratio of Nitin Spinners Ltd is 14.49. This ratio indicates that investors are willing to pay 14.49 times the earnings per share for each share of Nitin Spinners Ltd.

What is the PE Ratio Growth of Nitin Spinners Ltd in comparison to its Earnings per Share (EPS) growth rate?

The PE Ratio of Nitin Spinners Ltd grew by 88.2% whereas, the EPS ratio grew by 0.1.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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