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SHALIMAR PAINTS
PE (Price/Earnings) Ratio

The Current P/E Ratio of SHALIMAR PAINTS is -6.35.

Share Price ₹50.8Apr 10,2026
Market Cap ₹425.3 Cr
Earnings-TTM₹-67.0 CrTTM-Consolidated Results
Price/Earnings-6.35xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SHALIMAR PAINTS

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 SHALIMAR PAINTS is calculated as :

Current Market Cap [ ₹425.3 Cr] as on Apr 10,2026

(/) Earnings [ ₹-67.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -6.35x ]

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

Thus, for SHALIMAR PAINTS , the investors are currently willing to pay -6.35 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 latest p/e ratio is -6.35x.

- 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 RatioMarket Cap
SHALIMAR PAINTS -66.98-6.35425.3
ASIAN PAINTS LTD3,746.6160.40226,313.0
BERGER PAINTS INDIA LTD1,006.2152.6953,018.1
KANSAI NEROLAC PAINTS LTD568.3827.2415,481.8
AKZO NOBEL INDIA LTD1,956.506.9313,562.8
INDIGO PAINTS LTD145.8526.533,869.1

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

Top 10 Industry PeersPE Ratio
Min industry PE -6.35x
Max industry PE 60.40x
Median industry PE 27.24x
Average industry PE 27.91x



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