BAJAJ AUTO
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The Current P/E Ratio of BAJAJ AUTO is 29.78.
| Share Price | ₹10,669.3 | May 21,2026 |
| Market Cap | ₹298,206.9 Cr | |
| Earnings-TTM | ₹10,013.8 Cr | TTM-Consolidated Results |
| Price/Earnings | 29.78x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of BAJAJ AUTO
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹298,206.9 Cr] as on May 21,2026
(/) Earnings [ ₹10,013.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 29.78x ]
Thus, for BAJAJ AUTO , the investors are currently willing to pay 29.78 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 BAJAJ AUTO !
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 BAJAJ AUTO over the last five years.
Historical PE (Price/Earnings) ratio chart of BAJAJ AUTO
PE Ratio Performance Analysis for BAJAJ AUTO
- BAJAJ AUTO 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 24.06x.
- BAJAJ AUTO 's operated at median p/e ratio of 21.88x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BAJAJ AUTO 's p/e ratio peaked in Mar2024 at 33.12x.
- BAJAJ AUTO 's p/e ratio hit its five-year low in Mar2022 of 17.14x.
How does BAJAJ AUTO 's P/E Ratio benchmark against top 10 peers in Automobile Two & Three Wheelers Industry?
| Peer Comparison (Automobile Two & Three Wheelers Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| BAJAJ AUTO | 10,013.80 | 29.78 | 298,206.9 |
| EICHER MOTORS LTD | 4,634.48 | 40.84 | 189,267.0 |
| TVS MOTOR COMPANY LTD | 3,227.49 | 49.76 | 160,606.0 |
| HERO MOTOCORP LTD | 5,391.12 | 18.45 | 99,455.2 |
| OLA ELECTRIC MOBILITY LTD | -1,833.00 | -8.55 | 15,671.7 |
| ATUL AUTO LTD | 43.23 | 31.31 | 1,353.7 |
| WARDWIZARD INNOVATIONS & MOBILITY LTD | 7.74 | 26.99 | 208.8 |
Automobile Two & Three Wheelers Industry Benchmark (Top 10) PE Analysis vs BAJAJ AUTO 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -8.55x |
| Max industry PE | 49.76x |
| Median industry PE | 29.78x |
| Average industry PE | 26.94x |
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