NITIN SPINNERS
|
The Current P/S Ratio of NITIN SPINNERS is 0.61.
Share Price | ₹353.5 | Apr 11,2025 |
Market Cap | ₹1,986.7 Cr | |
Sales-TTM | ₹3,265.1 Cr | TTM-Standalone Results |
Price/Sales | 0.61x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of NITIN SPINNERS
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹1,986.7 Cr] as on Apr 11,2025
(/) Sales [ ₹3,265.1 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 0.61x ]
Thus, for NITIN SPINNERS , the investors are currently willing to pay '0.61 times sales' to own 1 share of the company.
PS Multiples are one of the most widely used valuation multiple in the industry.
P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.
You may also explore Price to Earnings ratio or Price to Book ratio of NITIN SPINNERS !
The chart below summarizes the trend in P/S Ratio of NITIN SPINNERS over the last five years.
Historical PS (Price/Sales) ratio chart of NITIN SPINNERS
PS Ratio Performance Analysis for NITIN SPINNERS
- NITIN SPINNERS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.40x.
- NITIN SPINNERS 's operated at median p/e ratio of 0.47x 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 0.63x.
- NITIN SPINNERS 's p/e ratio hit its five-year low in Mar2020 of 0.11x.
How does NITIN SPINNERS 's P/S Ratio benchmark against top 10 peers in Textile - Spinning Industry?
Peer Comparison (Textile - Spinning Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
NITIN SPINNERS | 3,265.1 | 0.61 | 1,986.7 |
TRIDENT LTD | 6,805.0 | 1.95 | 13,290.2 |
SANATHAN TEXTILES LTD | 3,011.3 | 1.11 | 3,329.7 |
FILATEX INDIA LTD | 4,198.0 | 0.39 | 1,649.8 |
JAYBHARAT TEXTILES & REAL ESTATE LTD | 31.0 | 32.88 | 1,018.4 |
AMBIKA COTTON MILLS LTD | 771.6 | 1.02 | 788.3 |
RAJAPALAYAM MILLS LTD | 899.8 | 0.84 | 757.2 |
NAHAR SPINNING MILLS LTD | 3,224.4 | 0.25 | 802.3 |
SUTLEJ TEXTILES AND INDUSTRIES LTD | 2,654.4 | 0.23 | 619.4 |
PRECOT LTD | 997.5 | 0.45 | 450.8 |
NAHAR INDUSTRIAL ENTERPRISES LTD | 1,512.7 | 0.28 | 427.5 |
Textile - Spinning Industry Benchmark (Top 10) PS Analysis vs NITIN SPINNERS 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.23x |
Max industry PS | 32.88x |
Median industry PS | 0.61x |
Average industry PS | 3.64x |
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