INDIGO PAINTS
|
The Current P/E Ratio of INDIGO PAINTS is 30.56.
| Share Price | ₹934.6 | Feb 27,2026 |
| Market Cap | ₹4,457.8 Cr | |
| Earnings-TTM | ₹145.8 Cr | TTM-Consolidated Results |
| Price/Earnings | 30.56x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of INDIGO PAINTS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹4,457.8 Cr] as on Feb 27,2026
(/) Earnings [ ₹145.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 30.56x ]
Thus, for INDIGO PAINTS , the investors are currently willing to pay 30.56 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 INDIGO 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 INDIGO PAINTS over the last five years.
Historical PE (Price/Earnings) ratio chart of INDIGO PAINTS
PE Ratio Performance Analysis for INDIGO PAINTS
- INDIGO PAINTS 's p/e ratio for fiscal years ending Mar2025 to Mar2016 averaged 27.18x.
- INDIGO PAINTS 's operated at median p/e ratio of 36.4x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, INDIGO PAINTS 's p/e ratio peaked in Mar2024 at 40.6x.
- INDIGO PAINTS 's p/e ratio hit its five-year low in Mar2016 of 0x.
How does INDIGO PAINTS 's P/E Ratio benchmark against top 10 peers in Paints Industry?
| Peer Comparison (Paints Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| INDIGO PAINTS | 145.85 | 30.56 | 4,457.8 |
| ASIAN PAINTS LTD | 3,746.61 | 60.84 | 227,929.0 |
| BERGER PAINTS INDIA LTD | 1,006.21 | 52.85 | 53,173.9 |
| KANSAI NEROLAC PAINTS LTD | 568.38 | 29.04 | 16,506.0 |
| AKZO NOBEL INDIA LTD | 1,956.50 | 6.83 | 13,363.3 |
| SHALIMAR PAINTS LTD | -66.98 | -6.95 | 465.8 |
Paints Industry Benchmark (Top 10) PE Analysis vs INDIGO PAINTS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -6.95x |
| Max industry PE | 60.84x |
| Median industry PE | 30.56x |
| Average industry PE | 28.86x |
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