INDIGO PAINTS
|
The Current P/E Ratio of INDIGO PAINTS is 43.17.
Share Price | ₹1,286.2 | Feb 01,2025 |
Market Cap | ₹6,122.1 Cr | |
Earnings-TTM | ₹141.8 Cr | TTM-Standalone Results |
Price/Earnings | 43.17x | 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 [ ₹6,122.1 Cr] as on Feb 01,2025
(/) Earnings [ ₹141.8 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 43.17x ]
Thus, for INDIGO PAINTS , the investors are currently willing to pay 43.17 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 Mar2024 to Mar2020 averaged 65.51x.
- INDIGO PAINTS 's operated at median p/e ratio of 40.24x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INDIGO PAINTS 's p/e ratio peaked in Mar2021 at 160.41x.
- INDIGO PAINTS 's p/e ratio hit its five-year low in Mar2020 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 | 141.80 | 43.17 | 6,122.1 |
ASIAN PAINTS LTD | 4,489.87 | 50.22 | 225,488.0 |
BERGER PAINTS INDIA LTD | 1,094.81 | 52.38 | 57,341.4 |
KANSAI NEROLAC PAINTS LTD | 611.01 | 31.77 | 19,409.9 |
AKZO NOBEL INDIA LTD | 435.00 | 39.53 | 17,195.6 |
SHALIMAR PAINTS LTD | -84.62 | -13.43 | 1,136.4 |
Paints Industry Benchmark (Top 10) PE Analysis vs INDIGO PAINTS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -13.43x |
Max industry PE | 52.38x |
Median industry PE | 43.17x |
Average industry PE | 33.94x |
You may also like the below Video Courses