Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Asian Paints's Enterprise Value is ₹2,588,885 Mil.
Asian Paints's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹61,989 Mil. Therefore, Asian Paints's EV-to-EBIT ratio for today is 41.76.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Asian Paints's Enterprise Value is ₹2,588,885 Mil.
Asian Paints's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹74,277 Mil. Therefore, Asian Paints's EV-to-EBITDA ratio for today is 34.85.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Asian Paints's Enterprise Value is ₹2,588,885 Mil.
Asian Paints's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ₹355,164 Mil. Therefore, Asian Paints's EV-to-Revenue ratio for today is 7.29.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Asian Paints's Enterprise Value is ₹2,588,885 Mil.
Asian Paints's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, Asian Paints's EV-to-FCF ratio for today is .
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Asian Paints (NSE:ASIANPAINT) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Asian Paints's current Enterprise Value is ₹2,588,885 Mil.
Asian Paints's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹61,989 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Asian Paints's current Enterprise Value is ₹2,588,885 Mil.
Asian Paints's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹74,277 Mil.
Asian Paints's current Enterprise Value is ₹2,588,885 Mil.
Asian Paints's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹355,164 Mil.
Asian Paints's current Enterprise Value is ₹2,588,885 Mil.
Asian Paints's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.
Asian Paints's current Enterprise Value is ₹2,588,885 Mil.
Asian Paints's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Asian Paints Enterprise Value Related Terms
Asian Paints Enterprise Value Historical Data
* Premium members only.
The historical data trend for Asian Paints's Enterprise Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:ASIANPAINT vs LIN, SHW, ECL: Enterprise Value Comparison
For the Specialty Chemicals subindustry, Asian Paints's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Asian Paints Enterprise Value vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Asian Paints's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Asian Paints's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Asian Paints's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Enterprise Value of ₹2,588,885 Mil mean?
Asian Paints (NSE:ASIANPAINT) has a Enterprise Value of ₹2,588,885 Mil as of Jul. 03, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Asian Paints and its competitors.
Is Asian Paints' Enterprise Value too high?
Asian Paints' current Enterprise Value is ₹2,588,885 Mil. Overall, Asian Paints has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asian Paints' Enterprise Value compare to LIN and SHW?
Asian Paints' Enterprise Value of ₹2,588,885 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Chemicals company?
A good Enterprise Value depends on the Chemicals industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Asian Paints and its competitors. Asian Paints's current Enterprise Value is ₹2,588,885 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asian Paints stock overvalued right now?
Based on GuruFocus' analysis, Asian Paints (NSE:ASIANPAINT) is currently considered Fairly Valued. The stock's GF Value™ is ₹2,961.96, compared to a current price of ₹2,744.50 — trading 7.3% below its estimated fair value. The current Enterprise Value is ₹2,588,885 Mil. Asian Paints' overall GF Score™ is 98/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Asian Paints (NSE:ASIANPAINT), the current Enterprise Value is ₹2,588,885 Mil as of Jul. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Asian Paints (NSE:ASIANPAINT) Overvalued in 2026?
Based on GuruFocus' analysis, Asian Paints stock appears to be undervalued.
The current stock price of ₹2,744.50 is trading 7.3% below its estimated GF Value™ of ₹2,961.96.
GuruFocus considers Asian Paints to be Fairly Valued.
Key valuation signals for NSE:ASIANPAINT:
Enterprise Value: ₹2,588,885 Mil
GF Value™: ₹2,961.96 vs. price of ₹2,744.50 (7.3% below fair value)
No single metric tells the full story. See the NSE:ASIANPAINT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asian Paints Ltd is in the business of colour, decor, design and protection and operates through Decorative, International, Home Decor, and Industrial segments. The Decorative segment offers interior and exterior wall finishes, wood finishes, waterproofing, enamels, adhesives, tools, and undercoats. The Home Decor segment offers modular kitchens and wardrobes, bath fittings and sanitaryware, decorative lightings, uPVC windows and doors, wall coverings, furniture, fabric and furnishings, and rugs. The International segment caters to customers across Asia, the Middle East, Africa and the South Pacific. The Industrial segment provides automotive, general industrial, packaging, marine, industrial protective coatings, and powder coatings. The majority of revenue comes from India.
98GF Score
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