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INDIGO PAINTS
PE (Price/Earnings) Ratio

The Current P/E Ratio of INDIGO PAINTS is 43.17.

Share Price ₹1,286.2Feb 01,2025
Market Cap ₹6,122.1 Cr
Earnings-TTM₹141.8 CrTTM-Standalone Results
Price/Earnings43.17xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of INDIGO 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 INDIGO PAINTS is calculated as :

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 ]

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

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 latest p/e ratio is 43.17x.

- 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 RatioMarket Cap
INDIGO PAINTS 141.8043.176,122.1
ASIAN PAINTS LTD4,489.8750.22225,488.0
BERGER PAINTS INDIA LTD1,094.8152.3857,341.4
KANSAI NEROLAC PAINTS LTD611.0131.7719,409.9
AKZO NOBEL INDIA LTD435.0039.5317,195.6
SHALIMAR PAINTS LTD-84.62-13.431,136.4

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

Top 10 Industry PeersPE Ratio
Min industry PE -13.43x
Max industry PE 52.38x
Median industry PE 43.17x
Average industry PE 33.94x



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