APOLLO TYRES
|
The Current P/E Ratio of APOLLO TYRES is 16.55.
| Share Price | ₹445.2 | Aug 12,2026 |
| Market Cap | ₹28,271.5 Cr | |
| Earnings-TTM | ₹1,707.8 Cr | TTM-Consolidated Results |
| Price/Earnings | 16.55x | 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 [ ₹28,271.5 Cr] as on Aug 12,2026
(/) Earnings [ ₹1,707.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 16.55x ]
Thus, for APOLLO TYRES , the investors are currently willing to pay 16.55 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 | 16.55 | 28,271.5 |
| MRF LTD | 2,415.07 | 22.97 | 55,474.9 |
| BALKRISHNA INDUSTRIES LTD | 1,405.57 | 34.37 | 48,314.8 |
| CEAT LTD | 566.60 | 26.57 | 15,054.3 |
| JK TYRE & INDUSTRIES LTD | 662.07 | 16.84 | 11,148.2 |
| TVS SRICHAKRA LTD | 71.06 | 41.77 | 2,968.3 |
| GOODYEAR INDIA LTD | 61.50 | 30.42 | 1,870.6 |
| TOLINS TYRES LTD | 35.69 | 11.14 | 397.5 |
| DOLFIN RUBBERS LTD | 6.21 | 26.88 | 166.8 |
Tyres & Allied Industry Benchmark (Top 10) PE Analysis vs APOLLO TYRES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 11.14x |
| Max industry PE | 41.77x |
| Median industry PE | 26.57x |
| Average industry PE | 25.28x |
You may also like the below Video Courses