APOLLO TYRES
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The Current P/E Ratio of APOLLO TYRES is 20.33.
| Share Price | ₹439.2 | Jul 08,2026 |
| Market Cap | ₹27,893.6 Cr | |
| Earnings-TTM | ₹1,371.8 Cr | TTM-Consolidated Results |
| Price/Earnings | 20.33x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of APOLLO TYRES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹27,893.6 Cr] as on Jul 08,2026
(/) Earnings [ ₹1,371.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 20.33x ]
Thus, for APOLLO TYRES , the investors are currently willing to pay 20.33 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of APOLLO TYRES !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of APOLLO TYRES over the last five years.
Historical PE (Price/Earnings) ratio chart of APOLLO TYRES
PE Ratio Performance Analysis for APOLLO TYRES
- APOLLO TYRES 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 19.75x.
- APOLLO TYRES 's operated at median p/e ratio of 19.07x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, APOLLO TYRES 's p/e ratio peaked in Mar2025 at 24.05x.
- APOLLO TYRES 's p/e ratio hit its five-year low in Mar2024 of 17.2x.
How does APOLLO TYRES 's P/E Ratio benchmark against top 10 peers in Tyres & Allied Industry?
| Peer Comparison (Tyres & Allied Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| APOLLO TYRES | 1,371.83 | 20.33 | 27,893.6 |
| MRF LTD | 2,420.19 | 23.29 | 56,376.6 |
| BALKRISHNA INDUSTRIES LTD | 1,243.10 | 33.71 | 41,905.4 |
| CEAT LTD | 681.43 | 22.88 | 15,593.5 |
| JK TYRE & INDUSTRIES LTD | 774.19 | 14.78 | 11,440.8 |
| TVS SRICHAKRA LTD | 71.06 | 44.03 | 3,128.6 |
| GOODYEAR INDIA LTD | 61.50 | 29.02 | 1,784.7 |
| TOLINS TYRES LTD | 35.69 | 11.33 | 404.2 |
| DOLFIN RUBBERS LTD | 5.81 | 29.21 | 169.8 |
Tyres & Allied Industry Benchmark (Top 10) PE Analysis vs APOLLO TYRES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 11.33x |
| Max industry PE | 44.03x |
| Median industry PE | 23.29x |
| Average industry PE | 25.40x |
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