Home > PE Ratio > SHALIMAR PAINTS

SHALIMAR PAINTS
PE (Price/Earnings) Ratio

The Current P/E Ratio of SHALIMAR PAINTS is -8.80.

Share Price ₹102.1Apr 04,2025
Market Cap ₹854.5 Cr
Earnings-TTM₹-97.1 CrTTM-Consolidated Results
Price/Earnings-8.80xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for SHALIMAR PAINTS
Please provide your vote to see the results

Definition & Calculation of PE (Price/Earnings) ratio of SHALIMAR 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 SHALIMAR PAINTS is calculated as :

Current Market Cap [ ₹854.5 Cr] as on Apr 04,2025

(/) Earnings [ ₹-97.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -8.80x ]

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

Thus, for SHALIMAR PAINTS , the investors are currently willing to pay -8.80 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 SHALIMAR 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 SHALIMAR PAINTS over the last five years.

Historical PE (Price/Earnings) ratio chart of SHALIMAR PAINTS


PE Ratio Performance Analysis for SHALIMAR PAINTS

- SHALIMAR PAINTS 's latest p/e ratio is -8.80x.

- SHALIMAR PAINTS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.00x.

- SHALIMAR PAINTS 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SHALIMAR PAINTS 's p/e ratio peaked in Mar2024 at 0x.

- SHALIMAR PAINTS 's p/e ratio hit its five-year low in Mar2024 of 0x.


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

Peer Comparison (Paints Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SHALIMAR PAINTS -97.06-8.80854.5
ASIAN PAINTS LTD4,141.2054.55225,896.0
BERGER PAINTS INDIA LTD1,084.7855.1559,822.1
KANSAI NEROLAC PAINTS LTD1,121.1917.2719,362.2
AKZO NOBEL INDIA LTD429.8037.2015,988.8
INDIGO PAINTS LTD139.2032.994,591.5

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

Top 10 Industry PeersPE Ratio
Min industry PE -8.80x
Max industry PE 55.15x
Median industry PE 37.20x
Average industry PE 31.39x



You may also like the below Video Courses