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BAJAJ AUTO
PE (Price/Earnings) Ratio

The Current P/E Ratio of BAJAJ AUTO is 29.78.

Share Price ₹10,669.3May 21,2026
Market Cap ₹298,206.9 Cr
Earnings-TTM₹10,013.8 CrTTM-Consolidated Results
Price/Earnings29.78xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BAJAJ AUTO

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)

Applying the above formula, P/E ratio of BAJAJ AUTO is calculated as :

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 ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

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 latest p/e ratio is 29.78x.

- 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 RatioMarket Cap
BAJAJ AUTO 10,013.8029.78298,206.9
EICHER MOTORS LTD4,634.4840.84189,267.0
TVS MOTOR COMPANY LTD3,227.4949.76160,606.0
HERO MOTOCORP LTD5,391.1218.4599,455.2
OLA ELECTRIC MOBILITY LTD-1,833.00-8.5515,671.7
ATUL AUTO LTD43.2331.311,353.7
WARDWIZARD INNOVATIONS & MOBILITY LTD7.7426.99208.8

Automobile Two & Three Wheelers Industry Benchmark (Top 10) PE Analysis vs BAJAJ AUTO 's P/E Ratio

Top 10 Industry PeersPE 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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