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NITIN SPINNERS
PS (Price/Sales) Ratio

The Current P/S Ratio of NITIN SPINNERS is 0.61.

Share Price ₹353.5Apr 11,2025
Market Cap ₹1,986.7 Cr
Sales-TTM₹3,265.1 CrTTM-Standalone Results
Price/Sales0.61xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of NITIN SPINNERS

Price-to-Sales ratio, P/S Multiple, or P/S Ratio is an important valuation multiple that is defined as:

P/S = Market Capitalization / Sales

or, using per-share numbers:

P/S = Stock Price / Sales Per Share

Applying the above formula, P/S ratio of NITIN SPINNERS is calculated as :

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 ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

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 latest p/e ratio is 0.61x.

- 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 RatioMarket Cap (Cr)
NITIN SPINNERS 3,265.10.611,986.7
TRIDENT LTD6,805.01.9513,290.2
SANATHAN TEXTILES LTD3,011.31.113,329.7
FILATEX INDIA LTD4,198.00.391,649.8
JAYBHARAT TEXTILES & REAL ESTATE LTD31.032.881,018.4
AMBIKA COTTON MILLS LTD771.61.02788.3
RAJAPALAYAM MILLS LTD899.80.84757.2
NAHAR SPINNING MILLS LTD3,224.40.25802.3
SUTLEJ TEXTILES AND INDUSTRIES LTD2,654.40.23619.4
PRECOT LTD997.50.45450.8
NAHAR INDUSTRIAL ENTERPRISES LTD1,512.70.28427.5

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

Top 10 Industry PeersPS 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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