AKZO NOBEL INDIA
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The Current P/E Ratio of AKZO NOBEL INDIA is 38.11.
Share Price | ₹3,643.3 | Nov 22,2024 |
Market Cap | ₹16,577.0 Cr | |
Earnings-TTM | ₹435.0 Cr | TTM-Consolidated Results |
Price/Earnings | 38.11x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of AKZO NOBEL INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹16,577.0 Cr] as on Nov 22,2024
(/) Earnings [ ₹435.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 38.11x ]
Thus, for AKZO NOBEL INDIA , the investors are currently willing to pay 38.11 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 AKZO NOBEL 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 AKZO NOBEL INDIA over the last five years.
Historical PE (Price/Earnings) ratio chart of AKZO NOBEL INDIA
PE Ratio Performance Analysis for AKZO NOBEL INDIA
- AKZO NOBEL INDIA 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 35.86x.
- AKZO NOBEL INDIA 's operated at median p/e ratio of 31.08x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, AKZO NOBEL INDIA 's p/e ratio peaked in Mar2021 at 50.59x.
- AKZO NOBEL INDIA 's p/e ratio hit its five-year low in Mar2024 of 25.43x.
How does AKZO NOBEL INDIA 's P/E Ratio benchmark against top 10 peers in Paints Industry?
Peer Comparison (Paints Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
AKZO NOBEL INDIA | 435.00 | 38.11 | 16,577.0 |
ASIAN PAINTS LTD | 4,489.87 | 52.96 | 237,785.0 |
BERGER PAINTS INDIA LTD | 1,094.81 | 50.65 | 55,451.1 |
KANSAI NEROLAC PAINTS LTD | 611.01 | 35.14 | 21,471.3 |
INDIGO PAINTS LTD | 141.80 | 50.49 | 7,160.0 |
SHALIMAR PAINTS LTD | -84.62 | -9.92 | 839.2 |
Paints Industry Benchmark (Top 10) PE Analysis vs AKZO NOBEL INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -9.92x |
Max industry PE | 52.96x |
Median industry PE | 50.49x |
Average industry PE | 36.24x |
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