According to Nerolac Paints's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.0077. At the end of 2025 the company had a P/E ratio of 16.8.
Year | P/E ratio | Change |
---|---|---|
2025 | 16.8 | -9.31% |
2024 | 18.5 | -57.4% |
2023 | 43.5 | -35.56% |
2022 | 67.6 | 12.33% |
2021 | 60.1 | 60.41% |
2020 | 37.5 | -29.07% |
2019 | 52.9 | 0.26% |
2018 | 52.7 | 32.86% |
2017 | 39.7 | 135.49% |
2016 | 16.9 | -60.73% |
2015 | 42.9 | 41.58% |
2014 | 30.3 | 34.89% |
2013 | 22.5 | -0.29% |
2012 | 22.5 | 5.65% |
2011 | 21.3 | 8.82% |
2010 | 19.6 | 71.12% |
2009 | 11.5 | -28.19% |
2008 | 16.0 | -7.16% |
2007 | 17.2 | -4.81% |
2006 | 18.1 |
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.