Berger Paints India Limited

BSE:509480 Stock Report

Market Cap: ₹542.9b

Berger Paints India Valuation

Is 509480 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 509480 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 509480 (₹465.7) is trading above our estimate of fair value (₹167.3)

Significantly Below Fair Value: 509480 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 509480?

Key metric: As 509480 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 509480. This is calculated by dividing 509480's market cap by their current earnings.
What is 509480's PE Ratio?
PE Ratio47.4x
Earnings₹11.45b
Market Cap₹542.91b

Price to Earnings Ratio vs Peers

How does 509480's PE Ratio compare to its peers?

The above table shows the PE ratio for 509480 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average60.2x
SUPREMEIND Supreme Industries
53x17.2%₹578.2b
506401 Deepak Nitrite
41.9x16.6%₹357.4b
SOLARINDS Solar Industries India
89.3x27.0%₹902.5b
CARBORUNIV Carborundum Universal
56.5x17.6%₹268.3b
509480 Berger Paints India
47.4x10.3%₹542.9b

Price-To-Earnings vs Peers: 509480 is good value based on its Price-To-Earnings Ratio (47.4x) compared to the peer average (60.2x).

Price to Earnings Ratio vs Industry

How does 509480's PE Ratio compare vs other companies in the IN Chemicals Industry?

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ZUARI Zuari Agro Chemicals
4.9xn/aUS$104.29m
NAGAFERT Nagarjuna Fertilizers and Chemicals
0.3xn/aUS$64.62m
UNIVPHOTO Universus Photo Imagings
5xn/aUS$49.59m
526773 Pressure Sensitive Systems (India)
0.6xn/aUS$7.15m
509480 47.4xIndustry Avg. 31.4xNo. of Companies36PE020406080100+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 509480 is expensive based on its Price-To-Earnings Ratio (47.4x) compared to the Indian Chemicals industry average (31.4x).

Price to Earnings Ratio vs Fair Ratio

What is 509480's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

509480 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio47.4x
Fair PE Ratio28.1x

Price-To-Earnings vs Fair Ratio: 509480 is expensive based on its Price-To-Earnings Ratio (47.4x) compared to the estimated Fair Price-To-Earnings Ratio (28.1x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 509480 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹465.70
₹528.76
+13.5%
12.8%₹650.00₹420.00n/a21
Nov ’25₹531.60
₹530.43
-0.2%
12.9%₹650.00₹430.00n/a21
Oct ’25₹620.70
₹528.81
-14.8%
13.0%₹650.00₹430.00n/a21
Sep ’25₹570.65
₹514.62
-9.8%
13.5%₹645.00₹410.00n/a21
Aug ’25₹552.60
₹492.38
-10.9%
11.0%₹600.00₹423.00n/a21
Jul ’25₹506.95
₹499.00
-1.6%
11.2%₹600.00₹423.00n/a21
Jun ’25₹459.55
₹499.00
+8.6%
11.2%₹600.00₹423.00n/a21
May ’25₹508.90
₹532.60
+4.7%
10.7%₹643.00₹450.00n/a20
Apr ’25₹566.35
₹537.05
-5.2%
11.2%₹650.00₹450.00n/a20
Mar ’25₹589.05
₹538.55
-8.6%
11.0%₹650.00₹450.00n/a20
Feb ’25₹565.10
₹555.86
-1.6%
9.6%₹660.00₹470.00n/a20
Jan ’25₹601.45
₹554.90
-7.7%
9.8%₹660.00₹470.00n/a20
Dec ’24₹586.05
₹553.90
-5.5%
9.7%₹650.00₹470.00n/a20
Nov ’24₹549.70
₹555.03
+1.0%
10.5%₹658.33₹458.33₹531.6019
Oct ’24₹568.90
₹551.19
-3.1%
10.9%₹658.33₹458.33₹620.7019
Sep ’24₹600.00
₹542.74
-9.5%
11.7%₹658.33₹437.50₹570.6521
Aug ’24₹585.58
₹502.33
-14.2%
8.8%₹579.17₹437.50₹552.6020
Jul ’24₹564.75
₹496.10
-12.2%
8.6%₹558.33₹437.50₹506.9519
Jun ’24₹542.08
₹492.89
-9.1%
9.4%₹558.33₹425.00₹459.5519
May ’24₹508.08
₹476.46
-6.2%
10.5%₹579.17₹400.00₹508.9020
Apr ’24₹484.50
₹471.50
-2.7%
10.6%₹579.17₹400.00₹566.3520
Mar ’24₹484.04
₹486.25
+0.5%
14.3%₹684.17₹400.00₹589.0522
Feb ’24₹458.08
₹531.11
+15.9%
12.8%₹684.17₹416.67₹565.1021
Jan ’24₹484.54
₹532.10
+9.8%
12.5%₹684.17₹437.50₹601.4521
Dec ’23₹516.79
₹531.51
+2.8%
12.5%₹684.17₹437.50₹586.0521
Nov ’23₹498.87
₹562.58
+12.8%
13.4%₹722.50₹437.50₹549.7020

Analyst Forecast: Target price is less than 20% higher than the current share price.

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