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Asian Paints (NSE:ASIANPAINT) EV-to-EBIT : 34.74 (As of May. 13, 2024)


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What is Asian Paints EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Asian Paints's Enterprise Value is ₹2,624,034 Mil. Asian Paints's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹75,529 Mil. Therefore, Asian Paints's EV-to-EBIT for today is 34.74.

The historical rank and industry rank for Asian Paints's EV-to-EBIT or its related term are showing as below:

NSE:ASIANPAINT' s EV-to-EBIT Range Over the Past 10 Years
Min: 23.74   Med: 39.16   Max: 80.53
Current: 34.74

During the past 13 years, the highest EV-to-EBIT of Asian Paints was 80.53. The lowest was 23.74. And the median was 39.16.

NSE:ASIANPAINT's EV-to-EBIT is ranked worse than
75.29% of 1226 companies
in the Chemicals industry
Industry Median: 17.9 vs NSE:ASIANPAINT: 34.74

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Asian Paints's Enterprise Value for the quarter that ended in Mar. 2024 was ₹2,701,893 Mil. Asian Paints's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹75,529 Mil. Asian Paints's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.80%.


Asian Paints EV-to-EBIT Historical Data

The historical data trend for Asian Paints's EV-to-EBIT 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.

* Premium members only.

Asian Paints EV-to-EBIT Chart

Asian Paints Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.73 54.61 68.52 45.01 35.76

Asian Paints Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-EBIT 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 45.01 49.22 42.22 42.79 35.76

Competitive Comparison of Asian Paints's EV-to-EBIT

For the Specialty Chemicals subindustry, Asian Paints's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Asian Paints's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Asian Paints's EV-to-EBIT falls into.



Asian Paints EV-to-EBIT Calculation

Asian Paints's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2624033.794/75529.4
=34.74

Asian Paints's current Enterprise Value is ₹2,624,034 Mil.
Asian Paints's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹75,529 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  (NSE:ASIANPAINT) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Asian Paints's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=75529.4/2701893.3635
=2.80 %

Asian Paints's Enterprise Value for the quarter that ended in Mar. 2024 was ₹2,701,893 Mil.
Asian Paints's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹75,529 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 EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Asian Paints's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Asian Paints (NSE:ASIANPAINT) Business Description

Traded in Other Exchanges
Address
Asian Paints House, 6A, Shantinagar, Santacruz (East), Mumbai, MH, IND, 400 055
Asian Paints Ltd manufactures and sells a variety of paint and home improvement products. The firm organizes itself into two segments based on product type. The paints segment, which generates the vast majority of revenue, sells interior and exterior paints, metal finish, and wood finish. The home improvement segment sells kitchen and bathroom products. Asian Paints sells its products to distributors and directly to the home improvement industry through the company's network of retail stores. The majority of revenue comes from India.

Asian Paints (NSE:ASIANPAINT) Headlines

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