INDIGO PAINTS
|
The Current P/E Ratio of INDIGO PAINTS is 28.38.
| Share Price | ₹900.7 | Nov 05,2026 |
| Market Cap | ₹4,296.1 Cr | |
| Earnings-TTM | ₹151.4 Cr | TTM-Consolidated Results |
| Price/Earnings | 28.38x | 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 [ ₹4,296.1 Cr] as on Nov 05,2026
(/) Earnings [ ₹151.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 28.38x ]
Thus, for INDIGO PAINTS , the investors are currently willing to pay 28.38 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 Mar2026 to Mar2016 averaged 26.42x.
- INDIGO PAINTS 's operated at median p/e ratio of 31.73x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 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 | 151.39 | 28.38 | 4,296.1 |
| ASIAN PAINTS LTD | 4,733.09 | 51.23 | 242,471.0 |
| BERGER PAINTS INDIA LTD | 1,179.81 | 50.09 | 59,093.0 |
| KANSAI NEROLAC PAINTS LTD | 599.34 | 27.57 | 16,525.4 |
| JSW DULUX LTD | 351.10 | 35.71 | 12,537.2 |
| SHALIMAR PAINTS LTD | -87.85 | -7.40 | 649.9 |
Paints Industry Benchmark (Top 10) PE Analysis vs INDIGO PAINTS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -7.40x |
| Max industry PE | 51.23x |
| Median industry PE | 35.71x |
| Average industry PE | 30.93x |
You may also like the below Video Courses