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Nitin Spinners Ltd PE Ratio

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Nitin Spinners Ltd

NSE: NITINSPIN

PE

12.2

Last updated on: Apr 27, 2025

Key Highlights

  • The P/E Ratio of Nitin Spinners Ltd is 12.2 as of 27 Apr 15:30 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 ₹ 365.6 as of 25 Apr 15:30 .
  • The PE Ratio of Textiles Industry has changed from 9.8 to 37.1 in 5 years. This represents a CAGR of 30.51%.
  • 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 26.1. The PE Ratio of Retail industry is 159.2. The PE Ratio of Textiles industry is 37.1 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

₹ 365.6

-12.00 (-3.18%)

stock direction

Last updated on: Apr 25, 2025

Market Price of Nitin Spinners Ltd

1M

1Y

3Y

5Y

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
25 Apr 2025365.6
24 Apr 2025377.6
23 Apr 2025380.95
22 Apr 2025374.95
21 Apr 2025366.4
17 Apr 2025368.7
16 Apr 2025367.15
15 Apr 2025366.55
11 Apr 2025353.5
09 Apr 2025349.6

SWOT Analysis Of Nitin Spinners Ltd

Strength

0

che

Weakness

0

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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 Ltd2055
Grasim Industries Ltd185941
Trident Ltd14198
Vardhman Textiles Ltd13451
Welspun Living Ltd12118
Arvind Ltd10161

PE Ratio of Nitin Spinners Ltd Explained

2055

Market cap

168

Earnings

12.2X

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

26 Oct 24

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

07 Nov 24

Board of Nitin Spinners approves capex of Rs 1,100 cr

The Board of Nitin Spinners at its meeting held on 27 January 2025 has approved capital expenditure

Read more

27 Jan 25

Nitin Spinners to hold board meeting

Nitin Spinners will hold a meeting of the Board of Directors of the Company on 27 January 2025. Powe

Read more

20 Jan 25

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 12.22 as on 27 Apr 2025.

What is the average PE Ratio of the Textiles industry?

The average industry PE Ratio of Textiles is 37.1 as on 27 Apr 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 12.22, showing a year-on-year growth of 58.7%.

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

The PE Ratio of Nitin Spinners Ltd is 12.22. This ratio indicates that investors are willing to pay 12.22 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 58.7% whereas, the EPS ratio grew by 6.1.

How does the PE ratio of Nitin Spinners Ltd compare to industry peers?

The PE ratio of Nitin Spinners Ltd PE Ratio can indicate whether it is overvalued or undervalued compared to competitors in the same industry. A lower PE ratio may suggest an undervalued stock, while a higher PE ratio could indicate premium pricing.

Is a high PE ratio for Nitin Spinners Ltd PE Ratio good or bad?

A high PE ratio may indicate strong future growth expectations, but it can also suggest overvaluation. It is best to compare it with industry averages and historical trends of Nitin Spinners Ltd PE Ratio.

What factors influence the PE ratio of Nitin Spinners Ltd PE Ratio?

The PE ratio of Nitin Spinners Ltd PE Ratio is influenced by factors such as earnings growth, investor sentiment, macroeconomic conditions, and sector trends.

How often does the PE ratio of Nitin Spinners Ltd PE Ratio change?

The PE ratio changes as the share price or earnings of Nitin Spinners Ltd PE Ratio fluctuate, and it is updated whenever there is a significant movement in either of these factors.

Where can I find the latest PE ratio of Nitin Spinners Ltd PE Ratio?

You can check the latest PE ratio of Nitin Spinners Ltd PE Ratio on BlinkX Website above or any other stock market platforms, or at the company’s official website.

What is a good PE ratio for Nitin Spinners Ltd PE Ratio?

A "good" PE ratio depends on industry standards and market conditions. It is advisable to compare Nitin Spinners Ltd PE ratio with its historical average and competitors.

Can the PE ratio of Nitin Spinners Ltd PE Ratio predict future stock performance?

While the Nitin Spinners Ltd PE ratio is a useful indicator of valuation, it should be used alongside other financial metrics and market analysis to make informed investment decisions.
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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