ASIANPAINT.NS vs. PIIND.NS
Compare and contrast key facts about Asian Paints Limited (ASIANPAINT.NS) and PI Industries Limited (PIIND.NS).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ASIANPAINT.NS or PIIND.NS.
Key characteristics
| ASIANPAINT.NS | PIIND.NS | |
|---|---|---|
| YTD Return | -20.35% | 0.20% |
| 1Y Return | -10.14% | 2.33% |
| 3Y Return (Ann) | 2.75% | 9.99% |
| 5Y Return (Ann) | 16.26% | 28.75% |
| 10Y Return (Ann) | 18.85% | 30.83% |
| Sharpe Ratio | -0.33 | 0.16 |
| Daily Std Dev | 17.51% | 23.42% |
| Max Drawdown | -44.15% | -36.69% |
| Current Drawdown | -23.39% | -11.19% |
Fundamentals
| ASIANPAINT.NS | PIIND.NS | |
|---|---|---|
| Market Cap | ₹2.81T | ₹545.22B |
| EPS | ₹56.84 | ₹104.95 |
| PE Ratio | 51.54 | 34.25 |
| Revenue (TTM) | ₹354.91B | ₹74.90B |
| Gross Profit (TTM) | ₹131.10B | ₹23.03B |
| EBITDA (TTM) | ₹75.31B | ₹18.50B |
Correlation
The correlation between ASIANPAINT.NS and PIIND.NS is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ASIANPAINT.NS vs. PIIND.NS - Performance Comparison
In the year-to-date period, ASIANPAINT.NS achieves a -20.35% return, which is significantly lower than PIIND.NS's 0.20% return. Over the past 10 years, ASIANPAINT.NS has underperformed PIIND.NS with an annualized return of 18.85%, while PIIND.NS has yielded a comparatively higher 30.83% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ASIANPAINT.NS vs. PIIND.NS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Asian Paints Limited (ASIANPAINT.NS) and PI Industries Limited (PIIND.NS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
ASIANPAINT.NS vs. PIIND.NS - Dividend Comparison
ASIANPAINT.NS's dividend yield for the trailing twelve months is around 0.97%, more than PIIND.NS's 0.33% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASIANPAINT.NS Asian Paints Limited | 0.97% | 0.78% | 0.64% | 0.54% | 0.43% | 0.62% | 0.65% | 0.40% | 0.89% | 0.74% | 0.80% | 0.97% |
PIIND.NS PI Industries Limited | 0.33% | 0.28% | 0.18% | 0.16% | 0.18% | 0.21% | 0.58% | 0.42% | 0.41% | 0.39% | 0.52% | 0.61% |
Drawdowns
ASIANPAINT.NS vs. PIIND.NS - Drawdown Comparison
The maximum ASIANPAINT.NS drawdown since its inception was -44.15%, which is greater than PIIND.NS's maximum drawdown of -36.69%. Use the drawdown chart below to compare losses from any high point for ASIANPAINT.NS and PIIND.NS. For additional features, visit the drawdowns tool.
Volatility
ASIANPAINT.NS vs. PIIND.NS - Volatility Comparison
Asian Paints Limited (ASIANPAINT.NS) has a higher volatility of 7.39% compared to PI Industries Limited (PIIND.NS) at 5.35%. This indicates that ASIANPAINT.NS's price experiences larger fluctuations and is considered to be riskier than PIIND.NS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ASIANPAINT.NS vs. PIIND.NS - Financials Comparison
This section allows you to compare key financial metrics between Asian Paints Limited and PI Industries Limited. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities