KANSAI NEROLAC PAINTS
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The Current P/E Ratio of KANSAI NEROLAC PAINTS is 18.33.
Share Price | ₹254.3 | Feb 06,2025 |
Market Cap | ₹20,553.6 Cr | |
Earnings-TTM | ₹1,121.2 Cr | TTM-Consolidated Results |
Price/Earnings | 18.33x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of KANSAI NEROLAC PAINTS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
KANSAI NEROLAC PAINTS | 1,121.19 | 18.33 | 20,553.6 |
ASIAN PAINTS LTD | 4,141.20 | 52.42 | 217,100.0 |
BERGER PAINTS INDIA LTD | 1,094.81 | 50.69 | 55,490.8 |
AKZO NOBEL INDIA LTD | 435.00 | 37.99 | 16,524.1 |
INDIGO PAINTS LTD | 141.80 | 42.80 | 6,069.1 |
SHALIMAR PAINTS LTD | -84.62 | -13.41 | 1,135.1 |
Paints Industry Benchmark (Top 10) PE Analysis vs KANSAI NEROLAC PAINTS 's P/E Ratio
Top 10 Industry Peers | PE 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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