Disclosed is a color transform method performed by an electronic device that includes generating an initial color transformed image by performing color transform on a raw image, determine noise amplification degrees indicating degrees to which noise included in the raw image is amplified by the color transform, processing the determined noise amplification degrees, and generating a final color transformed image by filtering the generated initial color transformed image using the processed noise amplification degrees and at least one of the raw image or luminance information of the raw image.