Stocktoria
Asian Paints Limited ASIANPAINT.NS
IN · National Stock Exchange of India · XNSE · stock · Basic Materials · website
Asian Paints Limited statistics & valuation
Market cap$2.57T
P / E59.3×
P / S7.2×
P / B12.0×
P / FCF45.8×
Dividend yield0.95%
Net margin12.2%
Return on equity20.2%
FCF margin15.8%
Multiples are price-derived and refreshed daily; everything else is from filings.
P / E vs its own history
Asian Paints Limited trades at about 58.4× earnings — near its 10-year norm (10-year range 50.5×–67.8×, median 63.4×).
50.5×
67.8×
Shaded band = 10-year range (50.5×–67.8×); dot = today's 58.4×.
Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.
Key ratios (by fiscal year)
| Ratio | FY2026 | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| Gross margin | 43.4% | 42.1% | 43.0% | 38.2% |
| Operating margin | 15.8% | 14.7% | 19.1% | 16.0% |
| Net margin | 12.2% | 10.8% | 15.4% | 11.9% |
| FCF margin | 15.8% | 7.7% | 10.2% | 8.0% |
| Return on assets | 12.5% | 12.1% | 18.2% | 15.9% |
| Return on equity | 20.2% | 18.9% | 29.2% | 25.7% |
| Debt / equity | 0.06× | 0.01× | 0.00× | 0.00× |
| Current ratio | 2.21 | 2.09 | 2.06 | 2.09 |
Source: company filings via Yahoo Finance · IN · as of 2026-03-31. Figures in INR; non-US fundamentals are aggregated by Yahoo (shorter history); facts plus Stocktoria's own computed scores — not investment advice.