Asian Paints P/B Ratio

ASIANPAINT • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
13.79
High Valuation
Very High - Significant premium, high growth expectations or speculative

Current Valuation Metrics

P/B Ratio 13.79
Current Price ₹2845.80
Book Value/Share ₹2089.48
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹20,059 Cr
Share Capital ₹96 Cr
Reserves & Surplus ₹19,304 Cr
Outstanding Shares 96,000,000
Book Value per Share ₹2089.48

Valuation Signal

Signal Overvalued
Historical Avg 1.8
Historical Range 1.13 - 2.45
Percentile 100.0%

Sector Context

Sector Average -2.98
Sector Median -0.17
Sector Rank #11 of 50
Sector Percentile 22.0%

Key P/B Ratio Insights for Asian Paints

  • Stock appears overvalued with PB of 13.79, trading at significant premium to book value
  • Trading at high premium to book value - indicates strong growth expectations or asset-light business model
  • Current PB is 667.0% above historical average
  • Trading at premium to sector average PB of -2.98

View the current stock price of Asian Paints for more insights.

P/B Ratio Historical Trend for Asian Paints

Historical P/B ratio trend based on balance sheet data. P/B below 1.0 may indicate undervaluation, while higher ratios suggest growth expectations or asset-light business models.

Historical P/B Ratio Data

Year P/B Ratio Book Value/Share (₹) Year-end Price (₹) Total Equity (₹ Cr) Valuation
2025 1.33 ₹2089.48 ₹2769.50 ₹20,059 Moderate
2024 1.13 ₹2023.33 ₹2281.35 ₹19,424 Moderate
2023 1.99 ₹1713.12 ₹3402.40 ₹16,446 Moderate
2022 2.09 ₹1479.06 ₹3087.90 ₹14,199 Moderate
2021 2.45 ₹1378.02 ₹3382.95 ₹13,229 Moderate

Sector P/B Ratio Comparison

Comparing Asian Paints with other companies in Consumer Goods sector
Sector Average
-2.98
Sector Median
-0.17
Lowest P/B
-45.28
Highest P/B
0.42
Companies
50
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Rahul Merchandising TACENT -45.28 ₹13 Low
Oswal Overseas OSWALOR -38.1 ₹181 Low
Sarup Industries SARUPINDUS -17.82 ₹51 Low
Ceenik Exports CEENIK -14.96 ₹129 Low
Olympic Cards OLPCL -7.37 ₹5 Low
NB Footwear NBFOOT -4.86 ₹12 Low
Karan Woo-Sin KARANWO -3.87 ₹10 Low
Golden Carpets GOLCA -3.0 ₹6 Low
McLeod Russel MCLEODRUSS -2.78 ₹488 Low
Restile Ceramics RESTILE -2.22 ₹73 Low