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Nitin SpinnersBOM:532698 +0.67%70 PEG Ratio is 2.59 as of Jul. 27, 2026, which is 270% above its 10-year median of 0.70. GuruFocus rates BOM:532698 with a GF Score™ of 70/100 and a GF Value™ of ₹401.62 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 359 Manufacturing - Apparel & Accessories companies, Nitin Spinners ranks worse than 68.52% on this metric.
* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
The historical rank and industry rank for Nitin Spinners's PEG Ratio or its related term are showing as below:
BOM:532698'
s PEG Ratio Range Over the Past 10 Years
Min: 0.12 Med: 0.7 Max: 49.34
Current: 2.59
During the past 13 years, Nitin Spinners's highest PEG Ratio was 49.34. The lowest was 0.12. And the median was 0.70.
BOM:532698's PEG Ratio is ranked worse than 68.52% of 359
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.31
vs BOM:532698: 2.59
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
Nitin Spinners (BOM:532698) PEG Ratio Explanation
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.
Nitin Spinners PEG Ratio Related Terms
Nitin Spinners PEG Ratio Historical Data
* Premium members only.
The historical data trend for Nitin Spinners's PEG Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Textile Manufacturing subindustry, Nitin Spinners's PEG Ratio, along with its competitors' market caps and PEG Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nitin Spinners PEG Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nitin Spinners's PEG Ratio distribution charts can be found below:
* The bar in red indicates where Nitin Spinners's PEG Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
Nitin Spinners (BOM:532698) has a PEG Ratio of 2.59 as of Jul. 27, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Nitin Spinners and its competitors. This is 270% above median its historical median of 0.70. Over the past decade, Nitin Spinners' PEG Ratio has ranged from 0.12 to 49.34. According to the industry distribution chart, Nitin Spinners ranks #246 out of 359 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 68.5%.
Is Nitin Spinners' PEG Ratio too high?
Nitin Spinners' current PEG Ratio of 2.59 is 270% above median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 49.34. The Manufacturing - Apparel & Accessories industry median PEG Ratio is 1.31. Nitin Spinners' value of 2.59 is 97.7% above this industry median. Based on the distribution chart, Nitin Spinners ranks #246 out of 359 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Nitin Spinners has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nitin Spinners' PEG Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Nitin Spinners ranks #246 out of 359 companies for PEG Ratio. This places Nitin Spinners in the lower half of its industry. The industry median PEG Ratio is 1.31. Nitin Spinners' value of 2.59 is 97.7% above this benchmark. Historically, Nitin Spinners' own PEG Ratio has ranged from 0.12 to 49.34 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 1.31, Nitin Spinners has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PEG Ratio for a Manufacturing - Apparel & Accessories company?
The median PEG Ratio among Manufacturing - Apparel & Accessories companies is 1.31, based on 359 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nitin Spinners's current PEG Ratio of 2.59 is 97.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Nitin Spinners and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PEG Ratio is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitin Spinners's current PEG Ratio is 2.59, which is 270% above median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitin Spinners stock overvalued right now?
Based on GuruFocus' analysis, Nitin Spinners (BOM:532698) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹401.62, compared to a current price of ₹540.10 — trading 34.5% above its estimated fair value. The current PEG Ratio is 2.59, which is 270% above median its 10-year median of 0.70 and 97.7% above the Manufacturing - Apparel & Accessories industry median of 1.31. Nitin Spinners' overall GF Score™ is 70/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Nitin Spinners (BOM:532698), the current PEG Ratio is 2.59 as of Jul. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Nitin Spinners (BOM:532698) Overvalued in 2026?
Based on GuruFocus' analysis, Nitin Spinners stock appears to be overvalued.
The current stock price of ₹540.10 is trading 34.5% above its estimated GF Value™ of ₹401.62.
GuruFocus considers Nitin Spinners to be Significantly Overvalued.
Key valuation signals for BOM:532698:
PEG Ratio: 2.59 (270% above median its 10-year median of 0.70)
GF Value™: ₹401.62 vs. price of ₹540.10 (34.5% above fair value)
Industry Position: 97.7% above the Manufacturing - Apparel & Accessories median (#246 of 359)
No single metric tells the full story. See the BOM:532698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nitin Spinners Ltd is an Indian company engaged in the textile business. It manufactures products such as cotton yarn and cotton knitted fabric. Its product comprises Yarn, Knitted Fabrics, Woven Fabrics, and Others. The yarn product, which is the key revenue driver, includes open-end yarns, multifold open-end yarns, ring-spun combed yarns, multifold ring spun yarns, compact yarns, fancy slub yarns, and ore spun yarns. The cotton knitted fabrics comprise single jersey, pique structures, interlock structures, rib structures, and three thread fleece. The company carries out sales within India as well as exports to other countries.
70GF Score
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