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AKZO NOBEL INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of AKZO NOBEL INDIA is 38.11.

Share Price ₹3,643.3Nov 22,2024
Market Cap ₹16,577.0 Cr
Earnings-TTM₹435.0 CrTTM-Consolidated Results
Price/Earnings38.11xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of AKZO NOBEL INDIA

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 AKZO NOBEL INDIA is calculated as :

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 ]

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

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 latest p/e ratio is 38.11x.

- 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 RatioMarket Cap
AKZO NOBEL INDIA 435.0038.1116,577.0
ASIAN PAINTS LTD4,489.8752.96237,785.0
BERGER PAINTS INDIA LTD1,094.8150.6555,451.1
KANSAI NEROLAC PAINTS LTD611.0135.1421,471.3
INDIGO PAINTS LTD141.8050.497,160.0
SHALIMAR PAINTS LTD-84.62-9.92839.2

Paints Industry Benchmark (Top 10) PE Analysis vs AKZO NOBEL INDIA 's P/E Ratio

Top 10 Industry PeersPE 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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