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BERGER PAINTS INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of BERGER PAINTS INDIA is 51.20.

Share Price ₹503.5Apr 26,2024
Market Cap ₹58,692.2 Cr
Earnings-TTM₹1,146.4 CrTTM-Consolidated Results
Price/Earnings51.20xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BERGER PAINTS 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 BERGER PAINTS INDIA is calculated as :

Current Market Cap [ ₹58,692.2 Cr] as on Apr 26,2024

(/) Earnings [ ₹1,146.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 51.20x ]

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

Thus, for BERGER PAINTS INDIA , the investors are currently willing to pay 51.20 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 BERGER PAINTS 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 BERGER PAINTS INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of BERGER PAINTS INDIA


PE Ratio Performance Analysis for BERGER PAINTS INDIA

- BERGER PAINTS INDIA 's latest p/e ratio is 51.20x.

- BERGER PAINTS INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 77.51x.

- BERGER PAINTS INDIA 's operated at median p/e ratio of 73.44x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BERGER PAINTS INDIA 's p/e ratio peaked in Mar2021 at 103.19x.

- BERGER PAINTS INDIA 's p/e ratio hit its five-year low in Mar2019 of 63.58x.


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

Peer Comparison (Paints Industry)Earnings-TTM (Cr)PE RatioMarket Cap
BERGER PAINTS INDIA 1,146.4051.2058,692.2
ASIAN PAINTS LTD5,409.7750.44272,853.0
KANSAI NEROLAC PAINTS LTD1,157.8119.5422,626.5
AKZO NOBEL INDIA LTD413.3026.9411,134.2
INDIGO PAINTS LTD143.8143.896,311.5
SHALIMAR PAINTS LTD-57.05-24.621,404.7

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

Top 10 Industry PeersPE Ratio
Min industry PE -24.62x
Max industry PE 51.20x
Median industry PE 43.89x
Average industry PE 27.90x



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