Kansai Nerolac Paints Limited manufactures and sells paints and varnishes, enamels, or lacquers in India. It offers interior and exterior decorative wall paints, wood coatings, metal enamel paints, and ancillary paints, as well as adhesives and waterproofing products; and automotive and powder coatings, performance coatings liquid, auto refinish, primers, wood finishes, and construction chemicals. The company also develops and supplies paint systems used on the finishing lines of electrical components, cycle, material handling equipment, bus bodies, containers, and furniture industries. In addition, it provides disinfectant, hand sanitizers, and multi surface protective sheets. The company was formerly known as Goodlass Nerolac Paints Limited and changed its name to Kansai Nerolac Paints Limited in April 2006. The company was incorporated in 1920 and is based in Mumbai, India. Kansai Nerolac Paints Limited is a subsidiary of Kansai Paint Co., Ltd.
P/S ratio for Kansai Nerolac Paints Limited (KANSAINER.NS)
P/S ratio as of 2023: 2.82
According to Kansai Nerolac Paints Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.82. At the end of 2022 the company had a P/S ratio of 2.76.
P/S ratio history for Kansai Nerolac Paints Limited from 2005 to 2023
P/S ratio at the end of each year
| Year | P/S ratio |
|---|---|
| 2023 | 2.82 |
| 2022 | 2.76 |
| 2021 | 4.01 |
| 2020 | 6.40 |
| 2019 | 3.97 |
| 2018 | 4.43 |
| 2017 | 5.84 |
| 2016 | 5.05 |
| 2015 | 4.01 |
| 2014 | 3.34 |
| 2013 | 2.06 |
| 2012 | 2.36 |
| 2011 | 1.88 |
| 2010 | 2.32 |
| 2009 | 2.07 |
| 2008 | 0.89 |
| 2007 | 1.45 |
| 2006 | 1.40 |
| 2005 | 2.41 |