Is Asahi Songwon Colors the Best Stock in Its Sector? A Look at the Numbers
- September 23, 2026
- Posted by: Harsh Piplani
- Category: Market
Asahi Songwon Colors CMP Rs 371 (23 Sep 2026). Market cap Rs 438 Cr. ROE 6.92%. P/E 12.80x versus Industry P/E 37.12x.
Quick Answer
Asahi Songwon Colors is one of the names investors compare when screening the Chemicals sector, built on a 6.92% return on equity and a P/E of 12.80x against an Industry P/E of 37.12x. Whether Asahi Songwon Colors is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Chemicals sector peers, so you can judge that for yourself.
Is Asahi Songwon Colors the best stock in its sector? The stock trades on the NSE at Rs 371 as of 23 September 2026, within its 52-week range of Rs 179.64 to Rs 413.95. Asahi Songwon Colors Ltd manufactures organic pigments for paints, inks and plastics applications.
Asahi Songwon Colors sits in the Chemicals sector, and its 6.92% ROE and 12.80x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector’s Industry P/E benchmark.
Also read – Is Abbott India the Best Stock in Its Sector? A Look at the Numbers
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About Asahi Songwon Colors
Asahi Songwon Colors Ltd manufactures organic pigments for paints, inks and plastics applications. It manufactures organic pigments used in paints, inks and plastics, a colourant chemicals niche distinct from the specialty amines and rubber chemical makers it is compared against here. At a market capitalisation of Rs 438 Cr, it is tracked as part of the Chemicals sector on Univest.
Is Asahi Songwon Colors the Best Stock in Its Sector?
Asahi Songwon Colors makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, combining a 6.92% ROE with a 12.80x P/E against the sector’s 37.12x Industry P/E. Asahi Songwon Colors’ 12.80x P/E is far below the 37.12x Industry P/E, though its 6.92% ROE trails Arrow Greentech and Apcotex Industries in this comparison, making the discount as much about lower current returns as it is about value.
| Metric | Asahi Songwon Colors |
|---|---|
| CMP (NSE) | Rs 371.20 |
| 52-Week High / Low | Rs 413.95 / Rs 179.64 |
| Market Cap | Rs 438 Cr |
| P/E (TTM) vs Industry P/E | 12.80x vs 37.12x |
| P/B | 1.61 |
| ROE | 6.92% |
| EPS (TTM) | Rs 29.02 |
| Dividend Yield | 0.40% |
| Debt to Equity | 0.53 |
Compare Asahi Songwon Colors Against Other Chemicals Sector Stocks
How Asahi Songwon Colors Compares Against Its Chemicals Sector Peers
The table below sets Asahi Songwon Colors against 2 other Chemicals sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.
| Company | Market Cap (Rs Cr) | P/E | ROE | Debt to Equity |
|---|---|---|---|---|
| Asahi Songwon Colors | 438 | 12.80 | 6.92% | 0.53 |
| Arrow Greentech | 1,377 | 21.55 | 20.20% | 0.01 |
| Apcotex Industries | 3,157 | 19.58 | 16.33% | 0.16 |
| Peer average (2 companies) | – | 20.56 | 18.27% | 0.09 |
Against this peer set, Asahi Songwon Colors’s 6.92% ROE is below the 18.27% peer average, and its P/E of 12.80x runs below the peer average of 20.56x. Asahi Songwon Colors’ 12.80x P/E is far below the 37.12x Industry P/E, though its 6.92% ROE trails Arrow Greentech and Apcotex Industries in this comparison, making the discount as much about lower current returns as it is about value.
What Makes Asahi Songwon Colors Worth Watching in Chemicals
- Well below Industry P/E: A 12.80x P/E against a 37.12x Industry P/E is one of the widest discounts among the specialty chemical names in this series.
- Organic pigment manufacturing niche: Manufacturing organic pigments for paints, inks and plastics gives Asahi Songwon Colors a focused, differentiated product line.
- Moderate leverage: A debt to equity ratio of 0.53 is manageable for a specialty pigment manufacturer.
Asahi Songwon Colors Valuation: Is It Justified?
Asahi Songwon Colors’ 12.80x P/E is far below the 37.12x Industry P/E, though its 6.92% ROE trails Arrow Greentech and Apcotex Industries in this comparison, making the discount as much about lower current returns as it is about value. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.
Also read – Is Anthem Biosciences the Best Stock in Its Sector? A Look at the Numbers
Download the Univest iOS App or Univest Android App to track Asahi Songwon Colors and other Chemicals sector stocks.
How to Track Asahi Songwon Colors Before You Invest
Before deciding whether Asahi Songwon Colors deserves its label as the best stock in its sector for your own portfolio, compare it directly against Chemicals sector peers using the steps below.
- Open the Univest Screener and search for Asahi Songwon Colors to view live price, valuation ratios, and peer comparisons within the Chemicals sector.
- Compare its P/E, P/B, and ROE against other Chemicals sector stocks before deciding if the current valuation fits your strategy.
- Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
- Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.
Conclusion
Asahi Songwon Colors earns a place in the best stock in its sector conversation on the strength of a 6.92% ROE and a P/E of 12.80x against a 37.12x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Is Asahi Songwon Colors the best stock in its sector?
Ans. Asahi Songwon Colors has a 6.92% ROE and trades at 12.80x P/E against a 37.12x Industry P/E, and compares below the peer average ROE of 18.27% in this article’s named comparison, so the answer depends on what an investor is prioritising.
What is the current share price of Asahi Songwon Colors?
Ans. Asahi Songwon Colors was trading at Rs 371.20 on the NSE as of 23 September 2026, within its 52-week range of Rs 179.64 to Rs 413.95.
What sector does Asahi Songwon Colors belong to?
Ans. Asahi Songwon Colors is classified under the Chemicals sector on Univest.
How does Asahi Songwon Colors compare to its sector peers on P/E?
Ans. Asahi Songwon Colors’s P/E of 12.80x is below the 20.56x average of the 2 named peers compared in this article.
What is Asahi Songwon Colors’s return on equity?
Ans. Asahi Songwon Colors reported a return on equity of 6.92%, which is below the 18.27% average of its named peers in this comparison.
Should I invest in Asahi Songwon Colors based on its sector position?
Ans. Asahi Songwon Colors’s sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.
