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Asian Paints Ltd PB Ratio

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Asian Paints Ltd

NSE: ASIANPAINT

PB

12.9

Last updated on: 21 Nov 24

Key Highlights

  • The latest PB Ratio of Asian Paints Ltd is 12.9.
  • The PB ratio of the Asian Paints Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Asian Paints Ltd changed from 15.1 on March 2019 to 14.6 on March 2024 . This represents a CAGR of -0.56% over 6 years.

Historical P/B Ratio of Asian Paints Ltd

No data available

Company Fundamentals for Asian Paints Ltd

Market Cap

233,008 Cr

EPS

49.0

P/E Ratio (TTM)

49.6

P/B Ratio (TTM)

12.9

Day’s High

2470.0

Day’s Low

2426.05

DTE

0.1

ROE

25.4

52 Week High

3422.0

52 Week Low

2426.05

ROCE

30.9

Market Price of Asian Paints Ltd

1M

1Y

3Y

5Y

Monitoring Asian Paints Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
21 Nov 20242429.2
19 Nov 20242483.2
18 Nov 20242483
14 Nov 20242483.15
13 Nov 20242471.9

SWOT Analysis Of Asian Paints Ltd

Strength

5

che

Weakness

1

che

Opportunity

1

che

Threats

0

che

BlinkX Score for Asian Paints Ltd

Asset Value vs Market Value of Asian Paints Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Asian Paints Ltd12.93
Berger Paints India Ltd44.0
Kansai Nerolac Paints Ltd70.8
Akzo Nobel India Ltd312.7
Indigo Paints Ltd200.0

Historical Market Cap of Asian Paints Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Asian Paints Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Asian Paints Ltd

What is the PB ratio of Asian Paints Ltd?

The current PB ratio of Asian Paints Ltd is 12.93. The Price-to-Book value (P/B) ratio compares a company's current share price to its book value per share. It helps assess whether a stock is overvalued or undervalued relative to its net asset value.

What is the ideal PB ratio to buy Asian Paints Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Asian Paints Ltd. Some investors and financial analysts may also consider any value under 3.0 as a good PB ratio.

How is the PB Ratio of Asian Paints Ltd calculated?

The PB ratio of Asian Paints Ltd is calculated by dividing the current share price by the book value per share. The book value per share is determined by dividing the company’s total net assets (assets minus liabilities) by the number of outstanding shares. This ratio helps evaluate how the market values the company's assets.

What does a high PB Ratio mean for Asian Paints Ltd?

A high PB ratio suggests that Asian Paints Ltd’s stock may be overvalued relative to its book value or that investors expect high growth.

What does a low PB Ratio indicate for Asian Paints Ltd?

A low PB ratio of Asian Paints Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Asian Paints Ltd PB Ratio change over time?

Yes, the PB ratio of Asian Paints Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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