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Asian Paints Ltd
NSE:ASIANPAINT

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Asian Paints Ltd
NSE:ASIANPAINT
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Price: 2 444.5 INR -0.11% Market Closed
Market Cap: ₹2.3T

P/E

60.8
Current
0%
More Expensive
vs 3-y average of 60.5

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
60.8
=
Market Cap
₹2.3T
/
Net Income
₹38.5B

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
60.8
=
Market Cap
₹2.3T
/
Net Income
₹38.5B

Valuation Scenarios

Asian Paints Ltd is trading above its 3-year average

If P/E returns to its 3-Year Average (60.5), the stock would be worth ₹2 436.18 (0% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-56%
Maximum Upside
+13%
Average Downside
24%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 60.8 ₹2 444.5
0%
3-Year Average 60.5 ₹2 436.18
0%
5-Year Average 68.8 ₹2 766.85
+13%
Industry Average 26.4 ₹1 064.11
-56%
Country Average 28.7 ₹1 154.94
-53%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
₹2.3T
/
Jan 2026
₹38.5B
=
60.8
Current
₹2.3T
/
Mar 2026
₹44.5B
=
51.8
Forward
₹2.3T
/
Mar 2027
₹49.5B
=
46.6
Forward
₹2.3T
/
Mar 2028
₹55.3B
=
41.7
Forward
₹2.3T
/
Mar 2029
₹56.3B
=
41
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Peer Comparison

Market Distribution

Higher than 81% of companies in India
Percentile
81st
Based on 3 123 companies
81st percentile
60.8
Low
0 — 18.9
Typical Range
18.9 — 44.4
High
44.4 —
Distribution Statistics
India
Min 0
30th Percentile 18.9
Median 28.7
70th Percentile 44.4
Max 877 228.1

Asian Paints Ltd
Glance View

Asian Paints Ltd., a stalwart in the realm of decorative and industrial coatings, traces its origins back to 1942 when four friends embarked on a journey to establish a paint company amidst the turmoil of a world war. From these humble beginnings, it flourished into a leading force in the paint industry, serving not just India but an expansive global market. The company's core business revolves around manufacturing and selling a diverse range of paints and coatings for residential, commercial, and industrial applications. By focusing on the needs and preferences of local markets, Asian Paints has carved a niche with products spanning basic enamels to advanced waterproofing solutions and textured finishes, catering to the aesthetic demands of modern consumers. As a master of branding and distribution, it has developed a wide-reaching network supported by innovative digital tools, enabling it to maintain a strong foothold even in the most remote markets. The company's business model pivots on a deft combination of manufacturing excellence, operational efficiency, and an unwavering emphasis on innovation and customer satisfaction. Asian Paints thrives by making its products desirable and accessible, ensuring that its extensive portfolio meets a full spectrum of consumer needs from economy to premium segments. Their robust supply chain, meticulous logistics, and strategic partnerships with retailers create a seamless path from factories to customers. Additionally, Asian Paints has embraced technological advancement by investing in research and development to stay at the cutting edge of eco-friendly solutions and smart products, positioning itself as a forward-thinking leader. With its strategic approach and adaptability, Asian Paints not only continues to enhance its market share but also reinforces its brand as synonymous with quality and trust in the ever-evolving landscape of the paint industry.

ASIANPAINT Intrinsic Value
1 039.88 INR
Overvaluation 57%
Intrinsic Value
Price ₹2 444.5
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