Asian Paints Limited
ASIANPAINT
Rank in Stocks
#971
Asian Paints Limited, along with its subsidiaries, specializes in the... Asian Paints Limited, along with its subsidiaries, specializes in the production, sale, and distribution of a diverse range of paints and coatings. These offerings cater to both decorative and industrial applications, serving markets across India and internationally, and are structured into two primary business segments: Paints and Home Improvement. Its extensive product portfolio includes decorative finishes for interior and exterior walls, specialized metal and wood treatments, and general paints. Beyond traditional coatings, they also offer wall coverings, textured finishes, waterproofing solutions, and wall stickers. The company provides painting aids like mechanized tools and adhesives. Further diversifying into home improvement, Asian Paints offers modular kitchens, wardrobes, a wide selection of bath fittings and sanitaryware, and a variety of home décor products. Their offerings also extend to sanitizers, surface disinfectants, furniture, furnishings, and lighting, alongside specialized products such as enamels and thinners. Marketed under a portfolio of well-known brands including Asian Paints, Apco Coatings, Asian Paints Berger, Asian Paints Causeway, SCIB Paints, Taubmans, and Kadisco Asian Paints, their products reach consumers through an extensive network of dealers and retail outlets. The company also facilitates direct online purchases via its e-commerce platform, asianpaints.com. Founded in 1942, Asian Paints Limited is headquartered in Mumbai, India.
Share Price
$25.78
Market Cap
$24.71B
Change (1 day)
0.23%
Change (1 year)
-9.40%
Country
IN
Trade Asian Paints Limited (ASIANPAINT)
Category
Basic Materials
P/E ratio for Asian Paints Limited (ASIANPAINT)
P/E ratio as of October 2026 TTM: 47.95
According to Asian Paints Limited latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 47.95. At the end of 2024 the company had a P/E ratio of 50.42.
P/E ratio history for Asian Paints Limited from 2004 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 47.95 | -20.80% |
| 2025 | 60.55 | 20.09% |
| 2024 | 50.42 | -21.80% |
| 2023 | 64.48 | -33.83% |
| 2022 | 97.44 | 25.74% |
| 2021 | 77.50 | 31.20% |
| 2020 | 59.06 | -10.88% |
| 2019 | 66.28 | 22.54% |
| 2018 | 54.08 | 1.91% |
| 2017 | 53.07 | 10.03% |
| 2016 | 48.23 | -13.49% |
| 2015 | 55.75 | 29.35% |
| 2014 | 43.10 | 1.21% |
| 2013 | 42.59 | 39.84% |
| 2012 | 30.46 | 6.05% |
| 2011 | 28.72 | 29.86% |
| 2010 | 22.12 | 23.06% |
| 2009 | 17.97 | -33.13% |
| 2008 | 26.88 | 4.06% |
| 2007 | 25.83 | -12.50% |
| 2006 | 29.52 | 42.36% |
| 2005 | 20.74 | 5.96% |
| 2004 | 19.57 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 31.66 | -33.97% |
GB
|
|
| - | - |
FR
|
|
| 29.64 | -38.19% |
US
|
|
| 38.37 | -19.98% |
US
|
|
| -1.41K | -3,032.79% |
US
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.