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KANSAI NEROLAC PAINTS
PE (Price/Earnings) Ratio

The Current P/E Ratio of KANSAI NEROLAC PAINTS is 18.33.

Share Price ₹254.3Feb 06,2025
Market Cap ₹20,553.6 Cr
Earnings-TTM₹1,121.2 CrTTM-Consolidated Results
Price/Earnings18.33xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of KANSAI NEROLAC 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 KANSAI NEROLAC PAINTS is calculated as :

Current Market Cap [ ₹20,553.6 Cr] as on Feb 06,2025

(/) Earnings [ ₹1,121.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 18.33x ]

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

Thus, for KANSAI NEROLAC PAINTS , the investors are currently willing to pay 18.33 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 KANSAI NEROLAC 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 KANSAI NEROLAC PAINTS over the last five years.

Historical PE (Price/Earnings) ratio chart of KANSAI NEROLAC PAINTS


PE Ratio Performance Analysis for KANSAI NEROLAC PAINTS

- KANSAI NEROLAC PAINTS 's latest p/e ratio is 18.33x.

- KANSAI NEROLAC PAINTS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 32.26x.

- KANSAI NEROLAC PAINTS 's operated at median p/e ratio of 29.28x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, KANSAI NEROLAC PAINTS 's p/e ratio peaked in Mar2022 at 46.77x.

- KANSAI NEROLAC PAINTS 's p/e ratio hit its five-year low in Mar2024 of 17.88x.


How does KANSAI NEROLAC PAINTS 's P/E Ratio benchmark against top 10 peers in Paints Industry?

Peer Comparison (Paints Industry)Earnings-TTM (Cr)PE RatioMarket Cap
KANSAI NEROLAC PAINTS 1,121.1918.3320,553.6
ASIAN PAINTS LTD4,141.2052.42217,100.0
BERGER PAINTS INDIA LTD1,094.8150.6955,490.8
AKZO NOBEL INDIA LTD435.0037.9916,524.1
INDIGO PAINTS LTD141.8042.806,069.1
SHALIMAR PAINTS LTD-84.62-13.411,135.1

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

Top 10 Industry PeersPE Ratio
Min industry PE -13.41x
Max industry PE 52.42x
Median industry PE 42.80x
Average industry PE 31.47x



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