SHALIMAR PAINTS
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The Current P/E Ratio of SHALIMAR PAINTS is -10.23.
| Share Price | ₹103.4 | Nov 19,2024 |
| Market Cap | ₹865.5 Cr | |
| Earnings-TTM | ₹-84.6 Cr | TTM-Consolidated Results |
| Price/Earnings | -10.23x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
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)
Current Market Cap [ ₹865.5 Cr] as on Nov 19,2024
(/) Earnings [ ₹-84.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -10.23x ]
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 -10.23 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.
Thus, for SHALIMAR PAINTS , the investors are currently willing to pay -10.23 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 -10.23x.
- 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.
- 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 Ratio | Market Cap |
|---|---|---|---|
| SHALIMAR PAINTS | -84.62 | -10.23 | 865.5 |
| ASIAN PAINTS LTD | 4,489.87 | 53.05 | 238,188.0 |
| BERGER PAINTS INDIA LTD | 1,094.81 | 50.68 | 55,486.1 |
| KANSAI NEROLAC PAINTS LTD | 611.01 | 34.45 | 21,050.9 |
| AKZO NOBEL INDIA LTD | 435.00 | 38.17 | 16,602.2 |
| INDIGO PAINTS LTD | 141.80 | 50.41 | 7,148.1 |
Paints Industry Benchmark (Top 10) PE Analysis vs SHALIMAR PAINTS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -10.23x |
| Max industry PE | 53.05x |
| Median industry PE | 50.41x |
| Average industry PE | 36.09x |
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