SHALIMAR PAINTS
|
The Current P/E Ratio of SHALIMAR PAINTS is -6.12.
| Share Price | ₹49.0 | May 18,2026 |
| Market Cap | ₹409.9 Cr | |
| Earnings-TTM | ₹-67.0 Cr | TTM-Consolidated Results |
| Price/Earnings | -6.12x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of SHALIMAR PAINTS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹409.9 Cr] as on May 18,2026
(/) Earnings [ ₹-67.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -6.12x ]
Thus, for SHALIMAR PAINTS , the investors are currently willing to pay -6.12 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 SHALIMAR 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 SHALIMAR PAINTS over the last five years.
Historical PE (Price/Earnings) ratio chart of SHALIMAR PAINTS
PE Ratio Performance Analysis for SHALIMAR PAINTS
- SHALIMAR PAINTS 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 0.00x.
- SHALIMAR PAINTS 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SHALIMAR PAINTS 's p/e ratio peaked in Mar2025 at 0x.
- SHALIMAR PAINTS 's p/e ratio hit its five-year low in Mar2025 of 0x.
How does SHALIMAR PAINTS 's P/E Ratio benchmark against top 10 peers in Paints Industry?
| Peer Comparison (Paints Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| SHALIMAR PAINTS | -66.98 | -6.12 | 409.9 |
| ASIAN PAINTS LTD | 3,746.61 | 66.89 | 250,614.0 |
| BERGER PAINTS INDIA LTD | 1,076.97 | 56.76 | 61,133.5 |
| KANSAI NEROLAC PAINTS LTD | 575.84 | 30.57 | 17,604.5 |
| JSW DULUX LTD | 1,973.80 | 6.76 | 13,333.5 |
| INDIGO PAINTS LTD | 145.85 | 31.44 | 4,586.2 |
Paints Industry Benchmark (Top 10) PE Analysis vs SHALIMAR PAINTS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -6.12x |
| Max industry PE | 66.89x |
| Median industry PE | 31.44x |
| Average industry PE | 31.05x |
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