INDIGO PAINTS
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The Current P/E Ratio of INDIGO PAINTS is 33.54.
| Share Price | ₹981.0 | Apr 03,2025 |
| Market Cap | ₹4,669.3 Cr | |
| Earnings-TTM | ₹139.2 Cr | TTM-Consolidated Results |
| Price/Earnings | 33.54x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
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)
Current Market Cap [ ₹4,669.3 Cr] as on Apr 03,2025
(/) Earnings [ ₹139.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 33.54x ]
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 33.54 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.
Thus, for INDIGO PAINTS , the investors are currently willing to pay 33.54 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 33.54x.
- INDIGO PAINTS 's p/e ratio for fiscal years ending Mar2024 to Mar2016 averaged 25.67x.
- INDIGO PAINTS 's operated at median p/e ratio of 36.4x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, INDIGO PAINTS 's p/e ratio peaked in Mar2024 at 40.6x.
- INDIGO PAINTS 's p/e ratio hit its five-year low in Mar2016 of 0x.
- INDIGO PAINTS 's p/e ratio for fiscal years ending Mar2024 to Mar2016 averaged 25.67x.
- INDIGO PAINTS 's operated at median p/e ratio of 36.4x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, INDIGO PAINTS 's p/e ratio peaked in Mar2024 at 40.6x.
- INDIGO PAINTS 's p/e ratio hit its five-year low in Mar2016 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 | 139.20 | 33.54 | 4,669.3 |
| ASIAN PAINTS LTD | 4,141.20 | 54.40 | 225,287.0 |
| BERGER PAINTS INDIA LTD | 1,084.78 | 54.94 | 59,594.7 |
| KANSAI NEROLAC PAINTS LTD | 1,121.19 | 17.51 | 19,637.1 |
| AKZO NOBEL INDIA LTD | 429.80 | 37.50 | 16,119.5 |
| SHALIMAR PAINTS LTD | -97.06 | -8.81 | 854.8 |
Paints Industry Benchmark (Top 10) PE Analysis vs INDIGO PAINTS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -8.81x |
| Max industry PE | 54.94x |
| Median industry PE | 37.50x |
| Average industry PE | 31.52x |
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