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Nitin Spinners Ltd

NSE: NITINSPIN BSE: 532698

₹359.30

(4.63%)

Tue, 07 Apr 2026, 04:14 am

Nitin Spinners PB Ratio

Particulars20052006200720082009201020112012201320142015201620172018201920202021202220232024
Price to earnings ratio6.808.680049.337.6092.862.941.863.366.099.529.297.926.616.623.917.7013.8510.24
Price to book ratio0.820.740.480.200.430.590.340.410.490.821.312.061.311.050.320.811.461.231.591.37
Price to sales ratio0.380.530.210.030.110.130.070.090.130.230.360.590.430.410.110.280.480.530.630.55
Price to cash flow ratio7.2315.4512.33002.100.690.670.936.28417.4413.246.783.694.893.398.1322.718.28
Enterprise value1.01B2.77B3.1B3.14B3.42B3.35B2.79B2.48B2.41B5.15B6.21B11.1B9.35B13.65B11.97B14.16B19.64B22.48B31.6B29.52B
Enterprise value to EBITDA ratio4.8410.879.321.139.984.656.903.042.675.834.859.206.837.637.715.833.148.028.836.50
Debt to equity ratio0.892.223.024.053.873.292.872.051.342.271.712.151.081.782.111.710.790.951.170.89
Return on equity %9.538.94-4.72-17.370.888.120.3515.0829.9427.4423.7024.4115.5714.264.8813.0345.3217.3112.0914.28

Nitin Spinners Ltd Price to Book Ratio

The Nitin Spinners Ltd Price to Book Ratio is a key financial metric used by investors to evaluate Nitin Spinners Ltd's valuation, profitability, and overall financial performance. Tracking the Nitin Spinners Ltd Price to Book Ratio helps investors understand whether the stock is undervalued, fairly valued, or trading at a premium compared to its historical performance and industry peers.

Nitin Spinners Ltd (NSE: NITINSPIN, BSE: 532698) is currently trading at ₹359.30, with a market capitalization of ₹19.33B. As a leading company in the Process industries sector and Textiles industry, monitoring the Nitin Spinners Ltd Price to Book Ratio is essential for fundamental analysis.

Nitin Spinners Ltd Price to Book Ratio Current Value

The current Nitin Spinners Ltd Price to Book Ratio stands at 1.37.

The Nitin Spinners Ltd Price to Book Ratio has declined compared to earlier levels, suggesting improved fundamentals or more attractive valuation.

Nitin Spinners Ltd Price to Book Ratio Historical Trend

The Nitin Spinners Ltd Price to Book Ratio has shown the following historical trend:

  • 2024: 1.37
  • 2023: 1.59
  • 2022: 1.23
  • 2021: 1.46
  • 2020: 0.81

The decline in Nitin Spinners Ltd Price to Book Ratio indicates improving financial efficiency or better earnings growth.

What Nitin Spinners Ltd Price to Book Ratio Indicates for Investors

The Nitin Spinners Ltd Price to Book Ratio plays a crucial role in understanding the company's financial health and valuation.

The P/B ratio shows how the market values company assets relative to book value.

Nitin Spinners Ltd Price to Book Ratio Analysis Summary

The Nitin Spinners Ltd Price to Book Ratio remains a crucial metric for evaluating the company's valuation and financial stability. Investors tracking Nitin Spinners Ltd Price to Book Ratio should also monitor related metrics such as P/E, P/B, EV/EBITDA, D/E, and ROE to get a complete fundamental picture.

Regular tracking of Nitin Spinners Ltd Price to Book Ratio helps investors make informed decisions based on long-term growth, valuation trends, and financial performance.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800