Associated Coaters (BOM:544183) PE Ratio (TTM): 22.84 (As of Sep. 01, 2026) — 69% Above Median

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BOM:544183 Associated Coaters Ltd BOM:544183
22 GF Score
Price ₹111.00
! 1 Warning Sign
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What is Associated Coaters PE Ratio (TTM)?

Associated Coaters BOM:544183 22 PE Ratio (TTM) is 22.84 as of Sep. 01, 2026, which is 69% above its 10-year median of 13.55. GuruFocus rates BOM:544183 with a GF Score™ of 22/100. The stock has 1 warning sign investors should review. Among 788 Business Services companies, Associated Coaters ranks worse than 69.29% on this metric.

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-09-01), Associated Coaters's share price is ₹111.00. Associated Coaters's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹4.86. Therefore, Associated Coaters's PE Ratio (TTM) for today is 22.84.


The historical rank and industry rank for Associated Coaters's PE Ratio (TTM) or its related term are showing as below:

BOM:544183' s PE Ratio (TTM) Range Over the Past 10 Years
Min: 10.15   Med: 13.55   Max: 46.06
Current: 22.84


During the past 6 years, the highest PE Ratio (TTM) of Associated Coaters was 46.06. The lowest was 10.15. And the median was 13.55.


BOM:544183's PE Ratio (TTM) is ranked worse than
69.29% of 788 companies
in the Business Services industry
Industry Median: 15.63 vs BOM:544183: 22.84

Associated Coaters's Earnings per Share (Diluted) for the six months ended in Mar. 2026 was ₹4.51. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹4.86.

As of today (2026-09-01), Associated Coaters's share price is ₹111.00. Associated Coaters's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ₹4.86. Therefore, Associated Coaters's PE Ratio without NRI for today is 22.84.

During the past 6 years, Associated Coaters's highest PE Ratio without NRI was 45.19. The lowest was 10.15. And the median was 13.52.

Associated Coaters's EPS without NRI for the six months ended in Mar. 2026 was ₹4.51. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ₹4.86.

During the past 12 months, Associated Coaters's average EPS without NRI Growth Rate was 7.90% per year. During the past 3 years, the average EPS without NRI Growth Rate was 28.20% per year.

During the past 6 years, Associated Coaters's highest 3-Year average EPS without NRI Growth Rate was 97.80% per year. The lowest was 28.20% per year. And the median was 63.00% per year.

Associated Coaters's EPS (Basic) for the six months ended in Mar. 2026 was ₹4.51. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹4.86.


Associated Coaters  (BOM:544183) PE Ratio (TTM) Explanation

The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.

If a company loses money, the PE Ratio (TTM) becomes meaningless.

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

Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio (TTM) measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio (TTM) can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio (TTM).


Associated Coaters PE Ratio (TTM) Related Terms


Associated Coaters PE Ratio (TTM) Historical Data

* Premium members only.

The historical data trend for Associated Coaters's PE Ratio (TTM) 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.

Associated Coaters PE Ratio (TTM) Chart

Associated Coaters Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PE Ratio (TTM)
Get a 7-Day Free Trial N/A N/A N/A 12.62 10.39

Associated Coaters Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
PE Ratio (TTM) Get a 7-Day Free Trial Premium Member Only N/A 70.57 12.62 At Loss 10.39

BOM:544183 vs CTAS, CPRT, GPN: PE Ratio (TTM) Comparison

For the Specialty Business Services subindustry, Associated Coaters's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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.


Associated Coaters PE Ratio (TTM) vs Business Services Industry

For the Business Services industry and Industrials sector, Associated Coaters's PE Ratio (TTM) distribution charts can be found below:

* The bar in red indicates where Associated Coaters's PE Ratio (TTM) falls into.


BOM:544183
22GF Score
Associated Coaters Ltd BOM:544183
PE Ratio (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Associated Coaters PE Ratio (TTM) Calculation

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Associated Coaters's PE Ratio (TTM) for today is calculated as

PE Ratio (TTM)=Share Price/Earnings per Share (Diluted) (TTM)
=111.00/4.860
=22.84

Associated Coaters's Share Price of today is ₹111.00.
For company reported semi-annually, Associated Coaters's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹4.86.

* 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.

It can also be calculated from the numbers for the whole company:

PE Ratio (TTM)=Market Cap /Net Income

There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.

Frequently Asked Questions Learn more about PE Ratio (TTM) →
What does a PE Ratio (TTM) of 22.84 mean?
Associated Coaters (BOM:544183) has a PE Ratio (TTM) of 22.84 as of Sep. 01, 2026. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Associated Coaters and its competitors. This is 69% above median its historical median of 13.55. Over the past decade, Associated Coaters' PE Ratio (TTM) has ranged from 10.15 to 46.06. According to the industry distribution chart, Associated Coaters ranks #546 out of 788 companies in the Business Services industry, placing it in the top 69.3%.
Is Associated Coaters' PE Ratio (TTM) too high?
Associated Coaters' current PE Ratio (TTM) of 22.84 is 69% above median its 10-year median of 13.55. Over the past 10 years, this metric has ranged from a low of 10.15 to a high of 46.06. The Business Services industry median PE Ratio (TTM) is 15.63. Associated Coaters' value of 22.84 is 46.1% above this industry median. Based on the distribution chart, Associated Coaters ranks #546 out of 788 companies in the Business Services industry, which is below the industry midpoint. Overall, Associated Coaters has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Associated Coaters' PE Ratio (TTM) compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Associated Coaters ranks #546 out of 788 companies for PE Ratio (TTM). This places Associated Coaters in the lower half of its industry. The industry median PE Ratio (TTM) is 15.63. Associated Coaters' value of 22.84 is 46.1% above this benchmark. Historically, Associated Coaters' own PE Ratio (TTM) has ranged from 10.15 to 46.06 over the past decade. While the company's 10-year median is 13.55 vs. the industry median of 15.63, Associated Coaters 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 PE Ratio (TTM) for a Business Services company?
The median PE Ratio (TTM) among Business Services companies is 15.63, based on 788 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio (TTM) significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Associated Coaters's current PE Ratio (TTM) of 22.84 is 46.1% 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 PE Ratio (TTM) mean?
A high PE Ratio (TTM) can signal that a stock is expensive relative to its fundamentals. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Associated Coaters and its competitors. For the Business Services industry, the median PE Ratio (TTM) is 15.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Associated Coaters's current PE Ratio (TTM) is 22.84, which is 69% above median its own 10-year median of 13.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associated Coaters stock overvalued right now?
Associated Coaters (BOM:544183) has a current PE Ratio (TTM) of 22.84. The current PE Ratio (TTM) is 22.84, which is 69% above median its 10-year median of 13.55 and 46.1% above the Business Services industry median of 15.63. Associated Coaters' overall GF Score™ is 22/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For Associated Coaters (BOM:544183), the current PE Ratio (TTM) is 22.84 as of Sep. 01, 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.

Associated Coaters Business Description

Address Ashuti Khanberia Maheshtala LP 20/83/46, Vivekanandapur, South 24 Parganas, Thakurpukur Mahestola, Kolkata, WB, IND, 700141
Associated Coaters Ltd is engaged in the business of providing services by way of pre-treatment and powder coating of aluminium extrusions in the Architect and Real Estate Industry. The company's process begins with surface cleaning to eliminate dirt, grease, or other contaminants, followed by the application of a strategic chemical solution to enhance powder coating adhesion. Techniques such as acidic surface etching and specialized pretreatment agents ensure optimal surface wettability.
22GF Score

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

₹111.00
Price