ASIAN PAINTS
|
The Current P/E Ratio of ASIAN PAINTS is 54.22.
Share Price | ₹2,843.5 | Nov 07,2024 |
Market Cap | ₹272,743.7 Cr | |
Earnings-TTM | ₹5,030.6 Cr | TTM-Consolidated Results |
Price/Earnings | 54.22x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ASIAN PAINTS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹272,743.7 Cr] as on Nov 07,2024
(/) Earnings [ ₹5,030.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 54.22x ]
Thus, for ASIAN PAINTS , the investors are currently willing to pay 54.22 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 ASIAN PAINTS !
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 ASIAN PAINTS over the last five years.
Historical PE (Price/Earnings) ratio chart of ASIAN PAINTS
PE Ratio Performance Analysis for ASIAN PAINTS
- ASIAN PAINTS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 69.73x.
- ASIAN PAINTS 's operated at median p/e ratio of 64.51x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ASIAN PAINTS 's p/e ratio peaked in Mar2022 at 97.54x.
- ASIAN PAINTS 's p/e ratio hit its five-year low in Mar2024 of 50x.
How does ASIAN PAINTS 's P/E Ratio benchmark against top 10 peers in Paints Industry?
Peer Comparison (Paints Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ASIAN PAINTS | 5,030.59 | 54.22 | 272,743.7 |
BERGER PAINTS INDIA LTD | 1,094.81 | 54.94 | 60,149.2 |
KANSAI NEROLAC PAINTS LTD | 611.01 | 37.01 | 22,615.2 |
AKZO NOBEL INDIA LTD | 435.00 | 43.77 | 19,037.9 |
INDIGO PAINTS LTD | 141.80 | 54.70 | 7,756.6 |
SHALIMAR PAINTS LTD | -90.62 | -10.97 | 994.1 |
Paints Industry Benchmark (Top 10) PE Analysis vs ASIAN PAINTS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -10.97x |
Max industry PE | 54.94x |
Median industry PE | 54.22x |
Average industry PE | 38.94x |
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