Home > PE Ratio > AKZO NOBEL INDIA

AKZO NOBEL INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of AKZO NOBEL INDIA is 27.77.

Share Price ₹2,522.5May 02,2024
Market Cap ₹11,477.4 Cr
Earnings-TTM₹413.3 CrTTM-Consolidated Results
Price/Earnings27.77xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for AKZO NOBEL INDIA
Please provide your vote to see the results
AKZO NOBEL INDIA is part of below Screeners ↓
Top Small Cap Stocks with Best Fundamentals
Best Quarterly Growth Small Cap Stocks
Best 1M Momentum Small Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of AKZO NOBEL INDIA

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

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of AKZO NOBEL INDIA is calculated as :

Current Market Cap [ ₹11,477.4 Cr] as on May 02,2024

(/) Earnings [ ₹413.3 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 27.77x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for AKZO NOBEL INDIA , the investors are currently willing to pay 27.77 times earnings to own 1 share of the company.

PE Multiples are the most widely used valuation multiple in practice.

Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.

In such cases, you may consider using Price to Book ratio or Price to Sales ratio of AKZO NOBEL INDIA !

P/E ratios, also, would not adjust for differences in the capital structure between companies.

The chart below summarizes the trend in P/E Ratio of AKZO NOBEL INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of AKZO NOBEL INDIA


PE Ratio Performance Analysis for AKZO NOBEL INDIA

- AKZO NOBEL INDIA 's latest p/e ratio is 27.77x.

- AKZO NOBEL INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 38.50x.

- AKZO NOBEL INDIA 's operated at median p/e ratio of 38.65x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, AKZO NOBEL INDIA 's p/e ratio peaked in Mar2021 at 50.59x.

- AKZO NOBEL INDIA 's p/e ratio hit its five-year low in Mar2022 of 30.02x.


How does AKZO NOBEL INDIA 's P/E Ratio benchmark against top 10 peers in Paints Industry?

Peer Comparison (Paints Industry)Earnings-TTM (Cr)PE RatioMarket Cap
AKZO NOBEL INDIA 413.3027.7711,477.4
ASIAN PAINTS LTD5,409.7752.73285,246.0
BERGER PAINTS INDIA LTD1,146.4053.1660,947.8
KANSAI NEROLAC PAINTS LTD1,157.8119.9323,071.2
INDIGO PAINTS LTD143.8145.686,568.6
SHALIMAR PAINTS LTD-57.05-25.301,443.6

Paints Industry Benchmark (Top 10) PE Analysis vs AKZO NOBEL INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -25.30x
Max industry PE 53.16x
Median industry PE 45.68x
Average industry PE 28.99x



You may also like the below Video Courses