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Asian PaintsNSE:ASIANPAINT -0.42%100 PS Ratio is 7.13 as of Jul. 15, 2026, which is 9% below its 10-year median of 7.80. GuruFocus rates NSE:ASIANPAINT with a GF Score™ of 100/100 and a GF Value™ of ₹2,973.82 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,574 Chemicals companies, Asian Paints ranks worse than 88.75% on this metric.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Asian Paints's share price is ₹2641.00.
Asian Paints's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹370.33. Hence, Asian Paints's PS Ratio for today is 7.13.
The historical rank and industry rank for Asian Paints's PS Ratio or its related term are showing as below:
NSE:ASIANPAINT'
s PS Ratio Range Over the Past 10 Years
Min: 5.68 Med: 7.8 Max: 13.98
Current: 7.13
During the past 13 years, Asian Paints's highest PS Ratio was 13.98. The lowest was 5.68. And the median was 7.80.
NSE:ASIANPAINT's PS Ratio is ranked worse than 88.75% of 1574
companies
in the Chemicals industry
Industry Median: 1.42
vs NSE:ASIANPAINT: 7.13
Asian Paints Ltd has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of Asian Paints was 5.10% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 1.10% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 9.00% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 11.20% per year.
During the past 13 years, Asian Paints's highest 3-Year average Revenue per Share Growth Rate was 22.10% per year. The lowest was 1.10% per year. And the median was 16.35% per year.
Back to Basics: PS Ratio
Asian Paints (NSE:ASIANPAINT) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Asian Paints PS Ratio Related Terms
Asian Paints PS Ratio Historical Data
* Premium members only.
The historical data trend for Asian Paints's PS 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.
NSE:ASIANPAINT vs LIN, SHW, ECL: PS Ratio Comparison
For the Specialty Chemicals subindustry, Asian Paints's PS Ratio, along with its competitors' market caps and PS 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 PS Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Asian Paints's PS Ratio distribution charts can be found below:
* The bar in red indicates where Asian Paints's PS Ratio falls into.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Asian Paints's PS Ratio for today is calculated as
Asian Paints's Share Price of today is ₹2641.00. Asian Paints's Revenue per Share 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 ₹370.33.
* 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:
Asian Paints (NSE:ASIANPAINT) has a PS Ratio of 7.13 as of Jul. 15, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Asian Paints and its competitors. This is near median its historical median of 7.80. Over the past decade, Asian Paints' PS Ratio has ranged from 5.68 to 13.98. According to the industry distribution chart, Asian Paints ranks #1397 out of 1574 companies in the Chemicals industry, placing it in the top 88.8%.
Is Asian Paints' PS Ratio too high?
Asian Paints' current PS Ratio of 7.13 is near median its 10-year median of 7.80. Over the past 10 years, this metric has ranged from a low of 5.68 to a high of 13.98. The Chemicals industry median PS Ratio is 1.42. Asian Paints' value of 7.13 is 402.1% above this industry median. Based on the distribution chart, Asian Paints ranks #1397 out of 1574 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' PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Asian Paints ranks #1397 out of 1574 companies for PS Ratio. This places Asian Paints in the lower half of its industry. The industry median PS Ratio is 1.42. Asian Paints' value of 7.13 is 402.1% above this benchmark. Historically, Asian Paints' own PS Ratio has ranged from 5.68 to 13.98 over the past decade. While the company's 10-year median is 7.80 vs. the industry median of 1.42, 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 PS Ratio for a Chemicals company?
The median PS Ratio among Chemicals companies is 1.42, based on 1,574 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Asian Paints's current PS Ratio of 7.13 is 402.1% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Asian Paints and its competitors. For the Chemicals industry, the median PS Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asian Paints's current PS Ratio is 7.13, which is near median its own 10-year median of 7.80. 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 ₹2,973.82, compared to a current price of ₹2,641.00 — trading 11.2% below its estimated fair value. The current PS Ratio is 7.13, which is near median its 10-year median of 7.80 and 402.1% above the Chemicals industry median of 1.42. 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 PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Asian Paints (NSE:ASIANPAINT), the current PS Ratio is 7.13 as of Jul. 15, 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 ₹2,641.00 is trading 11.2% below its estimated GF Value™ of ₹2,973.82.
GuruFocus considers Asian Paints to be Modestly Undervalued.
Key valuation signals for NSE:ASIANPAINT:
PS Ratio: 7.13 (near median its 10-year median of 7.80)
GF Value™: ₹2,973.82 vs. price of ₹2,641.00 (11.2% below fair value)
Industry Position: 402.1% above the Chemicals median (#1397 of 1574)
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.
100GF Score
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