{"id":226068,"date":"2026-09-01T15:35:15","date_gmt":"2026-09-01T10:05:15","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=226068"},"modified":"2026-09-01T15:35:16","modified_gmt":"2026-09-01T10:05:16","slug":"indigo-paints-overvalued-or-undervalued","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/indigo-paints-overvalued-or-undervalued\/","title":{"rendered":"Is Indigo Paints Overvalued or Undervalued Right Now?"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>Indigo Paints CMP Rs 1,167.90 (31 Aug 2026), up 1.30%. PE 33.70 vs industry PE 46.86. ROE 12.57%. 52W range Rs 708.05 to Rs 1,345.90.<\/em><\/p>\n<div style=\"background: #F0F9FF; border-left: 4px solid #2E7D32; border-radius: 6px; padding: 14px 18px; margin: 18px 0;\">\n<p style=\"margin: 0; color: #1f4e79; font-size: 14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin: 8px 0 0;\">Indigo Paints trades at a price to earnings ratio of 33.70, well below the industry average of 46.86, which points toward undervaluation on a simple multiple basis. The stock&#8217;s 12.57% return on equity and Rs 241.77 book value per share suggest the market may be underpricing the underlying business relative to peers. Whether Indigo Paints is overvalued or undervalued right now depends on whether that discount reflects a genuine risk the market has priced in or simply a lack of investor attention. On valuation multiples alone, the stock currently sits below what the broader sector is priced at.<\/p>\n<\/div>\n<p>Is Indigo Paints overvalued or undervalued right now is a question worth asking given how its price to earnings ratio compares with the rest of its sector. At the current market price of Rs 1,167.90, the stock trades roughly 13.2% below its 52 week high of Rs 1,345.90 and about 64.9% above its 52 week low of Rs 708.05.<\/p>\n<p>Indigo Paints&#8217;s share price moved up 1.30% in Monday&#8217;s session to Rs 1,167.90, against a market capitalisation of Rs 5,502 Cr. This article looks at the numbers, the PE ratio, price to book, return on equity, debt levels and recent earnings trends, that determine whether the current price reflects fair value or a stretched multiple, and works through the full Indigo Paints overvalued or undervalued picture step by step.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=valn74\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/indigo-paints-overvalued-or-undervalued\/#Indigo_Paints_Overvalued_or_Undervalued_Valuation_Metrics\" title=\"Indigo Paints Overvalued or Undervalued: Valuation Metrics\">Indigo Paints Overvalued or Undervalued: Valuation Metrics<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/indigo-paints-overvalued-or-undervalued\/#Is_Indigo_Paints_Overvalued_or_Undervalued_Based_on_Its_PE_Ratio\" title=\"Is Indigo Paints Overvalued or Undervalued Based on Its P\/E Ratio?\">Is Indigo Paints Overvalued or Undervalued Based on Its P\/E Ratio?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/indigo-paints-overvalued-or-undervalued\/#Indigo_Paintss_Financial_Growth_and_Profitability\" title=\"Indigo Paints&#8217;s Financial Growth and Profitability\">Indigo Paints&#8217;s Financial Growth and Profitability<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/indigo-paints-overvalued-or-undervalued\/#Indigo_Paints_Overvalued_or_Undervalued_The_Case_for_Overvalued\" title=\"Indigo Paints Overvalued or Undervalued: The Case for Overvalued\">Indigo Paints Overvalued or Undervalued: The Case for Overvalued<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/indigo-paints-overvalued-or-undervalued\/#Indigo_Paints_Overvalued_or_Undervalued_The_Case_Against_It\" title=\"Indigo Paints Overvalued or Undervalued: The Case Against It\">Indigo Paints Overvalued or Undervalued: The Case Against It<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/indigo-paints-overvalued-or-undervalued\/#Verdict_Is_Indigo_Paints_Overvalued_or_Undervalued_Right_Now\" title=\"Verdict: Is Indigo Paints Overvalued or Undervalued Right Now?\">Verdict: Is Indigo Paints Overvalued or Undervalued Right Now?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/indigo-paints-overvalued-or-undervalued\/#What_Could_Change_Whether_Indigo_Paints_Is_Overvalued_or_Undervalued\" title=\"What Could Change Whether Indigo Paints Is Overvalued or Undervalued?\">What Could Change Whether Indigo Paints Is Overvalued or Undervalued?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/indigo-paints-overvalued-or-undervalued\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/indigo-paints-overvalued-or-undervalued\/#Indigo_Paints_Overvalued_or_Undervalued_FAQs\" title=\"Indigo Paints Overvalued or Undervalued: FAQs\">Indigo Paints Overvalued or Undervalued: FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/indigo-paints-overvalued-or-undervalued\/#Is_Indigo_Paints_overvalued_or_undervalued_right_now\" title=\"Is Indigo Paints overvalued or undervalued right now?\">Is Indigo Paints overvalued or undervalued right now?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/indigo-paints-overvalued-or-undervalued\/#What_is_Indigo_Paintss_current_PE_ratio\" title=\"What is Indigo Paints&#8217;s current PE ratio?\">What is Indigo Paints&#8217;s current PE ratio?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/indigo-paints-overvalued-or-undervalued\/#What_is_Indigo_Paintss_return_on_equity\" title=\"What is Indigo Paints&#8217;s return on equity?\">What is Indigo Paints&#8217;s return on equity?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/indigo-paints-overvalued-or-undervalued\/#What_is_Indigo_Paintss_52_week_high_and_low\" title=\"What is Indigo Paints&#8217;s 52 week high and low?\">What is Indigo Paints&#8217;s 52 week high and low?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/indigo-paints-overvalued-or-undervalued\/#Does_Indigo_Paints_have_high_debt\" title=\"Does Indigo Paints have high debt?\">Does Indigo Paints have high debt?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/indigo-paints-overvalued-or-undervalued\/#What_is_Indigo_Paintss_dividend_yield\" title=\"What is Indigo Paints&#8217;s dividend yield?\">What is Indigo Paints&#8217;s dividend yield?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/indigo-paints-overvalued-or-undervalued\/#Is_Indigo_Paints_a_good_stock_to_buy_at_current_levels\" title=\"Is Indigo Paints a good stock to buy at current levels?\">Is Indigo Paints a good stock to buy at current levels?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/indigo-paints-overvalued-or-undervalued\/#What_is_Indigo_Paintss_price_to_book_ratio\" title=\"What is Indigo Paints&#8217;s price to book ratio?\">What is Indigo Paints&#8217;s price to book ratio?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/indigo-paints-overvalued-or-undervalued\/#What_is_the_simplest_way_to_summarise_Indigo_Paints_overvalued_or_undervalued\" title=\"What is the simplest way to summarise Indigo Paints overvalued or undervalued?\">What is the simplest way to summarise Indigo Paints overvalued or undervalued?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Indigo_Paints_Overvalued_or_Undervalued_Valuation_Metrics\"><\/span><strong>Indigo Paints Overvalued or Undervalued: Valuation Metrics<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse: collapse; width: 100%;\" border=\"1\" cellspacing=\"0\" cellpadding=\"6\">\n<tbody>\n<tr>\n<th>Valuation Metric<\/th>\n<th>Indigo Paints<\/th>\n<\/tr>\n<tr>\n<td>CMP (31 Aug 2026)<\/td>\n<td>Rs 1,167.90<\/td>\n<\/tr>\n<tr>\n<td>Market Cap<\/td>\n<td>Rs 5,502 Cr<\/td>\n<\/tr>\n<tr>\n<td>P\/E Ratio<\/td>\n<td>33.70<\/td>\n<\/tr>\n<tr>\n<td>Industry P\/E<\/td>\n<td>46.86<\/td>\n<\/tr>\n<tr>\n<td>P\/B Ratio<\/td>\n<td>4.77<\/td>\n<\/tr>\n<tr>\n<td>Sector Average P\/B (paints)<\/td>\n<td>8.81<\/td>\n<\/tr>\n<tr>\n<td>Return on Equity (ROE)<\/td>\n<td>12.57%<\/td>\n<\/tr>\n<tr>\n<td>Sector Average ROE (paints)<\/td>\n<td>14.46%<\/td>\n<\/tr>\n<tr>\n<td>EPS (TTM)<\/td>\n<td>Rs 34.20<\/td>\n<\/tr>\n<tr>\n<td>Book Value per Share<\/td>\n<td>Rs 241.77<\/td>\n<\/tr>\n<tr>\n<td>Debt to Equity<\/td>\n<td>0.02<\/td>\n<\/tr>\n<tr>\n<td>Dividend Yield<\/td>\n<td>0.43%<\/td>\n<\/tr>\n<tr>\n<td>Sector Average Dividend Yield (paints)<\/td>\n<td>1.27%<\/td>\n<\/tr>\n<tr>\n<td>52 Week High \/ Low<\/td>\n<td>Rs 1,345.90 \/ Rs 708.05<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The headline number here is the price to earnings ratio. At 33.70, the Indigo Paints PE ratio is 0.72 times the industry average of 46.86. Measured against its paints sector peers, the gap widens further on other measures too: a P\/B of 4.77 against a sector average of 8.81, and an ROE of 12.57% against a sector average of 14.46%. This table alone is not enough to settle whether Indigo Paints overvalued or undervalued is the fair read, but it is the starting point for the rest of this analysis.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Is_Indigo_Paints_Overvalued_or_Undervalued_Based_on_Its_PE_Ratio\"><\/span><strong>Is Indigo Paints Overvalued or Undervalued Based on Its P\/E Ratio?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Based on the P\/E ratio alone, Indigo Paints looks undervalued. The stock&#8217;s PE of 33.70 sits well below the industry average of 46.86, which can reflect either a genuine bargain or a market discounting some risk in the business that is not obvious from the ratio itself. Investors relying only on the PE ratio would classify Indigo Paints as cheaper than its peers, but the Indigo Paints PE ratio still needs to be read alongside its return ratios and earnings quality before calling Indigo Paints overvalued or undervalued on this measure alone.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check Indigo Paints&#8217;s Live Fundamentals on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Indigo_Paintss_Financial_Growth_and_Profitability\"><\/span><strong>Indigo Paints&#8217;s Financial Growth and Profitability<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Indigo Paints&#8217;s revenue moved from Rs 1,359.17 crore in FY2025 to Rs 1,417.98 crore in FY2026, a change of 4.3%. Net profit grew from Rs 142.16 crore to Rs 147.61 crore over the same period, a swing of roughly 3.8%.<\/p>\n<p>The Indigo Paints share price has moved alongside this earnings trend, which is part of why the stock now trades at 0.72 times the industry PE of 46.86 rather than a flat multiple.<\/p>\n<p>These growth numbers feed directly into the Indigo Paints overvalued or undervalued question, since a rich multiple is easier to justify when profit growth is accelerating than when it is flat or falling.<\/p>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Indigo Paints&#8217;s live share price and valuation ratios.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Indigo_Paints_Overvalued_or_Undervalued_The_Case_for_Overvalued\"><\/span><strong>Indigo Paints Overvalued or Undervalued: The Case for Overvalued<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Before getting to the bullet points, it helps to frame the Indigo Paints overvalued or undervalued question in terms of what would make the bear case right.<\/p>\n<ul>\n<li><strong>Low dividend yield:<\/strong> At 0.43%, the stock offers little income cushion if the growth story slows.<\/li>\n<li><strong>Limited margin of safety:<\/strong> At Rs 1,167.90, the stock is only 13.2% below its 52 week high of Rs 1,345.90, leaving less room for error if earnings disappoint.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Indigo_Paints_Overvalued_or_Undervalued_The_Case_Against_It\"><\/span><strong>Indigo Paints Overvalued or Undervalued: The Case Against It<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The other side of the Indigo Paints overvalued or undervalued debate rests on the quality metrics below.<\/p>\n<ul>\n<li><strong>Low leverage:<\/strong> A debt to equity ratio of 0.02 gives Indigo Paints a comparatively strong balance sheet.<\/li>\n<li><strong>52 week range context:<\/strong> At Rs 1,167.90, the stock is 64.9% above its 52 week low of Rs 708.05, showing it has already found some support at lower levels.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Verdict_Is_Indigo_Paints_Overvalued_or_Undervalued_Right_Now\"><\/span><strong>Verdict: Is Indigo Paints Overvalued or Undervalued Right Now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>On balance, Indigo Paints looks undervalued by traditional multiples, trading at a PE of 33.70 against an industry average of 46.86. That gap can close either through the share price catching up or through the business underperforming enough to justify the discount, so the read depends on which explanation fits the company&#8217;s recent earnings trend better. A 12.57% ROE is a reasonable starting point for that judgement, but investors should weigh why the market has kept the stock at a discount before treating the gap as a straightforward opportunity. On the specific question of Indigo Paints overvalued or undervalued, the multiples currently point one way even if the fundamentals soften that read.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Could_Change_Whether_Indigo_Paints_Is_Overvalued_or_Undervalued\"><\/span><strong>What Could Change Whether Indigo Paints Is Overvalued or Undervalued?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Two broad scenarios could shift this valuation call on Indigo Paints in either direction. On the upside, the market recognising the gap between the PE of 33.70 and the industry average of 46.86, which would show up as the share price re-rating higher without a change in earnings. On the downside, a genuine deterioration in the business that justifies the current discount, in which case the low PE would turn out to be a fair reflection of risk rather than a bargain. Investors watching the Indigo Paints share price over the next few quarters should track whether reported ROE holds near 12.57% and whether the PE gap versus the industry average of 46.86 widens or narrows, since both will matter more to the eventual answer on Indigo Paints overvalued or undervalued than the current price point on its own.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Indigo Paints&#8217;s numbers point to a stock that is undervalued on headline multiples, though its return ratios help explain part of the gap. Investors tracking the Indigo Paints share price should watch whether earnings growth can keep pace with the current PE of 33.70, since that gap remains the single biggest variable in whether the stock is undervalued, fairly priced, or overvalued from here. For anyone still weighing Indigo Paints overvalued or undervalued as a one-line takeaway, the multiples say undervalued while the return ratios offer partial support for the current price. This article is for informational purposes only and is not investment advice.<\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> 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).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Indigo_Paints_Overvalued_or_Undervalued_FAQs\"><\/span><strong>Indigo Paints Overvalued or Undervalued: FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Is_Indigo_Paints_overvalued_or_undervalued_right_now\"><\/span><strong>Is Indigo Paints overvalued or undervalued right now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Based on a PE ratio of 33.70 against an industry average of 46.86, Indigo Paints currently looks undervalued on relative valuation. Its 12.57% ROE is an important part of the Indigo Paints overvalued or undervalued picture alongside the PE ratio.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Indigo_Paintss_current_PE_ratio\"><\/span><strong>What is Indigo Paints&#8217;s current PE ratio?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Indigo Paints&#8217;s price to earnings ratio stands at 33.70, compared with an industry average PE of 46.86. This PE gap is the main input into the Indigo Paints overvalued or undervalued call made in this article.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Indigo_Paintss_return_on_equity\"><\/span><strong>What is Indigo Paints&#8217;s return on equity?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Indigo Paints generates a return on equity of 12.57%, against a sector average of 14.46% among paints peers.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Indigo_Paintss_52_week_high_and_low\"><\/span><strong>What is Indigo Paints&#8217;s 52 week high and low?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Indigo Paints&#8217;s 52 week high is Rs 1,345.90 and its 52 week low is Rs 708.05. The stock currently trades around Rs 1,167.90, roughly 13.2% below its high.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Does_Indigo_Paints_have_high_debt\"><\/span><strong>Does Indigo Paints have high debt?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Indigo Paints carries a debt to equity ratio of 0.02, which is low for its sector.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Indigo_Paintss_dividend_yield\"><\/span><strong>What is Indigo Paints&#8217;s dividend yield?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Indigo Paints offers a dividend yield of 0.43% at the current share price.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Indigo_Paints_a_good_stock_to_buy_at_current_levels\"><\/span><strong>Is Indigo Paints a good stock to buy at current levels?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Indigo Paints&#8217;s current valuation suits investors who agree with the undervalued read on its PE ratio and are comfortable with the trade-off between its return ratios and its price. This is for informational purposes only and is not investment advice.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Indigo_Paintss_price_to_book_ratio\"><\/span><strong>What is Indigo Paints&#8217;s price to book ratio?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Indigo Paints trades at a price to book ratio of 4.77, compared with a sector average of 8.81 among paints peers.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_simplest_way_to_summarise_Indigo_Paints_overvalued_or_undervalued\"><\/span><strong>What is the simplest way to summarise Indigo Paints overvalued or undervalued?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> On PE alone, Indigo Paints is undervalued against its industry average of 46.86. Layer in the 12.57% ROE and the answer to Indigo Paints overvalued or undervalued becomes more nuanced than the headline multiple suggests on its own.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indigo Paints trades at a PE of 33.70 versus an industry average of 46.86. 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