Asian Paints (NSE:ASIANPAINT) PEG Ratio: 7.20 (As of Jul. 09, 2026) — 53% Above Median


NSE:ASIANPAINT Asian Paints Ltd NSE:ASIANPAINT
100 GF Score
Price ₹2,665.90
GF Value ₹2,968.41
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Asian Paints PEG Ratio?

Asian Paints NSE:ASIANPAINT -2.40% 100 PEG Ratio is 7.20 as of Jul. 09, 2026, which is 53% above its 10-year median of 4.71. GuruFocus rates NSE:ASIANPAINT with a GF Score™ of 100/100 and a GF Value™ of ₹2,968.41 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 612 Chemicals companies, Asian Paints ranks worse than 80.56% on this metric.

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Asian Paints's PE Ratio without NRI is 57.60. Asian Paints's 5-Year EBITDA growth rate is 8.00%. Therefore, Asian Paints's PEG Ratio for today is 7.20.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for Asian Paints's PEG Ratio or its related term are showing as below:

NSE:ASIANPAINT' s PEG Ratio Range Over the Past 10 Years
Min: 2.85   Med: 4.71   Max: 10.93
Current: 7.2


During the past 13 years, Asian Paints's highest PEG Ratio was 10.93. The lowest was 2.85. And the median was 4.71.


NSE:ASIANPAINT's PEG Ratio is ranked worse than
80.56% of 612 companies
in the Chemicals industry
Industry Median: 2.13 vs NSE:ASIANPAINT: 7.20

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Asian Paints  (NSE:ASIANPAINT) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Asian Paints PEG Ratio Related Terms


Asian Paints PEG Ratio Historical Data

* Premium members only.

The historical data trend for Asian Paints's PEG Ratio 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.

Asian Paints PEG Ratio Chart

Asian Paints Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.88 5.56 3.25 4.46 7.01

Asian Paints Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PEG Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.46 4.63 5.48 8.06 7.01

NSE:ASIANPAINT vs LIN, SHW, ECL: PEG Ratio Comparison

For the Specialty Chemicals subindustry, Asian Paints's PEG Ratio, along with its competitors' market caps and PEG Ratio 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 PEG Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Asian Paints's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Asian Paints's PEG Ratio falls into.


NSE:ASIANPAINT
100GF Score
Asian Paints Ltd NSE:ASIANPAINT
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asian Paints PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

Asian Paints's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=57.597493788484/8.00
=7.20

* 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.

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

Frequently Asked Questions Learn more about PEG Ratio →
What does a PEG Ratio of 7.20 mean?
Asian Paints (NSE:ASIANPAINT) has a PEG Ratio of 7.20 as of Jul. 09, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Asian Paints and its competitors. This is 53% above median its historical median of 4.71. Over the past decade, Asian Paints' PEG Ratio has ranged from 2.85 to 10.93. According to the industry distribution chart, Asian Paints ranks #493 out of 612 companies in the Chemicals industry, placing it in the top 80.6%.
Is Asian Paints' PEG Ratio too high?
Asian Paints' current PEG Ratio of 7.20 is 53% above median its 10-year median of 4.71. Over the past 10 years, this metric has ranged from a low of 2.85 to a high of 10.93. The Chemicals industry median PEG Ratio is 2.13. Asian Paints' value of 7.20 is 238% above this industry median. Based on the distribution chart, Asian Paints ranks #493 out of 612 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Asian Paints has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asian Paints' PEG Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Asian Paints ranks #493 out of 612 companies for PEG Ratio. This places Asian Paints in the lower half of its industry. The industry median PEG Ratio is 2.13. Asian Paints' value of 7.20 is 238% above this benchmark. Historically, Asian Paints' own PEG Ratio has ranged from 2.85 to 10.93 over the past decade. While the company's 10-year median is 4.71 vs. the industry median of 2.13, Asian Paints has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PEG Ratio for a Chemicals company?
The median PEG Ratio among Chemicals companies is 2.13, based on 612 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Asian Paints's current PEG Ratio of 7.20 is 238% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Asian Paints and its competitors. For the Chemicals industry, the median PEG Ratio is 2.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asian Paints's current PEG Ratio is 7.20, which is 53% above median its own 10-year median of 4.71. 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 Modestly Undervalued. The stock's GF Value™ is ₹2,968.41, compared to a current price of ₹2,665.90 — trading 10.2% below its estimated fair value. The current PEG Ratio is 7.20, which is 53% above median its 10-year median of 4.71 and 238% above the Chemicals industry median of 2.13. Asian Paints' overall GF Score™ is 100/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Asian Paints (NSE:ASIANPAINT), the current PEG Ratio is 7.20 as of Jul. 09, 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 ₹2,665.90 is trading 10.2% below its estimated GF Value™ of ₹2,968.41. GuruFocus considers Asian Paints to be Modestly Undervalued.

Key valuation signals for NSE:ASIANPAINT:

  • PEG Ratio: 7.20 (53% above median its 10-year median of 4.71)
  • GF Value™: ₹2,968.41 vs. price of ₹2,665.90 (10.2% below fair value)
  • GF Score™: 100/100 with 3 warning signs
  • Industry Position: 238% above the Chemicals median (#493 of 612)

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 Business Description

Other Exchanges 500820:India
Address 6A & 6B, Shantinagar, Santacruz (East), Mumbai, MH, IND, 400 055
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.
100GF Score

Get the complete analysis for NSE:ASIANPAINT

PEG Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹2,665.90
Price
₹2,968.41
GF Value