NITINSPINOther Textile Products

Nitin Spinners Ltd โ€” PE Ratio & Valuation Analysis

โ‚น343.40
-2.96%
Current P/E10.89xPrice to earnings
Industry P/E20.18xSector average
4Y Avg P/E10.9x0.1% above avg
โœ…
46.0% Discount to Industry
NITINSPIN P/E 10.89x vs sector avg 20.18x
๐Ÿ“Š

Historical PE Ratio

202510.1x202418.9x202311.0x20223.5x
YearEPS (โ‚น)Year-end PricePE Ratio
2025โ‚น31.20โ‚น31510.1x
2024โ‚น23.39โ‚น44318.9x
2023โ‚น29.32โ‚น32311x
2022โ‚น58.01โ‚น2033.5x

PE = Year-end closing price รท Diluted EPS. Source: NSE/BSE filings.

๐Ÿ’ก

Understanding Nitin Spinners Ltd Valuation

Nitin Spinners Ltd (NITINSPIN) currently trades at 10.89x earnings. The Other Textile Products sector average PE is 20.18x. NITINSPIN is trading at a discount to peers โ€” may indicate relative value. Historically, NITINSPIN has traded at an average PE of 10.9x โ€” it is currently above that level. Always evaluate PE alongside earnings growth (PEG ratio), return on equity, debt levels and business quality. A lower PE isn't always better. Educational data only โ€” not investment advice.

ROE
14.28%
Dividend Yield
0.93%

Data from NSE/BSE public filings. Educational purposes only. Bull Run is not SEBI-registered. Not investment advice.