APOLLO TYRES
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The Current P/E Ratio of APOLLO TYRES is 37.24.
| Share Price | ₹487.6 | Sep 02,2025 |
| Market Cap | ₹30,967.5 Cr | |
| Earnings-TTM | ₹831.5 Cr | TTM-Consolidated Results |
| Price/Earnings | 37.24x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of APOLLO TYRES
Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹30,967.5 Cr] as on Sep 02,2025
(/) Earnings [ ₹831.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 37.24x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for APOLLO TYRES , the investors are currently willing to pay 37.24 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.
Thus, for APOLLO TYRES , the investors are currently willing to pay 37.24 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 latest p/e ratio is 37.24x.
- APOLLO TYRES 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 24.05x.
- APOLLO TYRES 's operated at median p/e ratio of 19.42x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, APOLLO TYRES 's p/e ratio peaked in Mar2021 at 40.58x.
- APOLLO TYRES 's p/e ratio hit its five-year low in Mar2024 of 17.2x.
- APOLLO TYRES 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 24.05x.
- APOLLO TYRES 's operated at median p/e ratio of 19.42x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, APOLLO TYRES 's p/e ratio peaked in Mar2021 at 40.58x.
- 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 | 831.49 | 37.24 | 30,967.5 |
| BALKRISHNA INDUSTRIES LTD | 1,453.27 | 31.42 | 45,665.4 |
| MRF LTD | 1,798.74 | 36.30 | 65,289.8 |
| CEAT LTD | 414.51 | 32.96 | 13,660.4 |
| JK TYRE & INDUSTRIES LTD | 458.88 | 21.01 | 9,642.8 |
| TVS SRICHAKRA LTD | 26.71 | 82.78 | 2,210.9 |
| GOODYEAR INDIA LTD | 44.20 | 51.54 | 2,278.1 |
| TOLINS TYRES LTD | 39.07 | 16.26 | 635.3 |
Tyres & Allied Industry Benchmark (Top 10) PE Analysis vs APOLLO TYRES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 16.26x |
| Max industry PE | 82.78x |
| Median industry PE | 36.30x |
| Average industry PE | 38.69x |
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