Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Asian Paints's share price for the quarter that ended in Mar. 2026 was ₹2165.2. Asian Paints's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 959 Mil. Therefore, Asian Paints's market cap for the quarter that ended in Mar. 2026 was ₹2,075,656 Mil.
Asian Paints's quarterly market cap
increased
from Sep. 2025 (₹2,252,658 Mil) to Dec. 2025 (₹2,654,826 Mil) but then
declined
from Dec. 2025 (₹2,654,826 Mil) to Mar. 2026 (₹2,075,656 Mil).
Asian Paints's annual market cap
declined
from Mar. 2024 (₹2,729,583 Mil) to Mar. 2025 (₹2,244,082 Mil) and
declined
from Mar. 2025 (₹2,244,082 Mil) to Mar. 2026 (₹2,075,656 Mil).
Enterprise Value is 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 and cash equivalents. Asian Paints's Enterprise Value for Today is ₹2,562,762 Mil.
Asian Paints (NSE:ASIANPAINT) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Asian Paints Market Cap Related Terms
Asian Paints Market Cap Historical Data
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The historical data trend for Asian Paints's Market Cap 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: Market Cap Comparison
For the Specialty Chemicals subindustry, Asian Paints's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Asian Paints's Market Cap distribution charts can be found below:
* The bar in red indicates where Asian Paints's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Asian Paints's Market Cap 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.
Asian Paints (NSE:ASIANPAINT) has a Market Cap of ₹2,603,055 Mil as of Jul. 02, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Asian Paints and its competitors. According to the industry distribution chart, Asian Paints ranks #16 out of 1633 companies in the Chemicals industry, placing it in the top 1%.
Is Asian Paints' Market Cap too high?
Asian Paints' current Market Cap is ₹2,603,055 Mil. Based on the distribution chart, Asian Paints ranks #16 out of 1633 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. 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' Market Cap compare to LIN and SHW?
According to the Chemicals industry distribution chart, Asian Paints ranks #16 out of 1633 companies for Market Cap. This places Asian Paints in the top 1% of its industry — outperforming the majority of peers. The industry median Market Cap is 294.99. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Chemicals company?
The median Market Cap among Chemicals companies is 294.99, based on 1,633 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Asian Paints and its competitors. For the Chemicals industry, the median Market Cap is 294.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asian Paints's current Market Cap is ₹2,603,055 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 ₹2,960.86, compared to a current price of ₹2,716.40 — trading 8.3% below its estimated fair value. The current Market Cap is ₹2,603,055 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 Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Asian Paints (NSE:ASIANPAINT), the current Market Cap is ₹2,603,055 Mil as of Jul. 02, 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 ₹2,716.40 is trading 8.3% below its estimated GF Value™ of ₹2,960.86.
GuruFocus considers Asian Paints to be Fairly Valued.
Key valuation signals for NSE:ASIANPAINT:
Market Cap: ₹2,603,055 Mil
GF Value™: ₹2,960.86 vs. price of ₹2,716.40 (8.3% 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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