ASIAN PAINTS
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The Current P/E Ratio of ASIAN PAINTS is 72.21.
| Share Price | ₹2,873.4 | Nov 28,2025 |
| Market Cap | ₹275,616.5 Cr | |
| Earnings-TTM | ₹3,817.1 Cr | TTM-Consolidated Results |
| Price/Earnings | 72.21x | Calculated as Market Cap/Earnings |
|---|---|---|
| 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 [ ₹275,616.5 Cr] as on Nov 28,2025
(/) Earnings [ ₹3,817.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 72.21x ]
Thus, for ASIAN PAINTS , the investors are currently willing to pay 72.21 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 Mar2025 to Mar2021 averaged 70.14x.
- 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 | 3,817.05 | 72.21 | 275,616.5 |
| BERGER PAINTS INDIA LTD | 1,041.75 | 63.33 | 65,972.2 |
| KANSAI NEROLAC PAINTS LTD | 1,113.60 | 17.15 | 19,097.1 |
| AKZO NOBEL INDIA LTD | 1,990.80 | 7.59 | 15,101.8 |
| INDIGO PAINTS LTD | 144.56 | 42.34 | 6,120.8 |
| SHALIMAR PAINTS LTD | -64.31 | -8.66 | 557.2 |
Paints Industry Benchmark (Top 10) PE Analysis vs ASIAN PAINTS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -8.66x |
| Max industry PE | 72.21x |
| Median industry PE | 42.34x |
| Average industry PE | 32.32x |
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