APOLLO TYRES
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The Current P/E Ratio of APOLLO TYRES is 15.97.
| Share Price | ₹429.5 | Sep 04,2026 |
| Market Cap | ₹27,277.5 Cr | |
| Earnings-TTM | ₹1,707.8 Cr | TTM-Consolidated Results |
| Price/Earnings | 15.97x | 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 [ ₹27,277.5 Cr] as on Sep 04,2026
(/) Earnings [ ₹1,707.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 15.97x ]
Thus, for APOLLO TYRES , the investors are currently willing to pay 15.97 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 | 1,707.82 | 15.97 | 27,277.5 |
| MRF LTD | 2,415.07 | 22.82 | 55,122.3 |
| BALKRISHNA INDUSTRIES LTD | 1,405.57 | 31.40 | 44,130.4 |
| CEAT LTD | 566.60 | 23.78 | 13,472.3 |
| JK TYRE & INDUSTRIES LTD | 662.07 | 16.00 | 10,593.2 |
| TVS SRICHAKRA LTD | 92.25 | 43.45 | 4,008.6 |
| GOODYEAR INDIA LTD | 53.90 | 31.76 | 1,712.0 |
| TOLINS TYRES LTD | 32.57 | 11.16 | 363.5 |
| DOLFIN RUBBERS LTD | 6.21 | 27.92 | 173.3 |
Tyres & Allied Industry Benchmark (Top 10) PE Analysis vs APOLLO TYRES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 11.16x |
| Max industry PE | 43.45x |
| Median industry PE | 23.78x |
| Average industry PE | 24.92x |
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