BAJAJ AUTO
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The Current P/E Ratio of BAJAJ AUTO is 24.46.
| Share Price | ₹9,787.0 | Oct 09,2026 |
| Market Cap | ₹268,946.8 Cr | |
| Earnings-TTM | ₹10,995.5 Cr | TTM-Consolidated Results |
| Price/Earnings | 24.46x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
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)
Current Market Cap [ ₹268,946.8 Cr] as on Oct 09,2026
(/) Earnings [ ₹10,995.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 24.46x ]
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 24.46 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.
Thus, for BAJAJ AUTO , the investors are currently willing to pay 24.46 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 24.46x.
- BAJAJ AUTO 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 24.25x.
- BAJAJ AUTO 's operated at median p/e ratio of 22.83x 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.
- BAJAJ AUTO 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 24.25x.
- BAJAJ AUTO 's operated at median p/e ratio of 22.83x 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 | 10,995.50 | 24.46 | 268,946.8 |
| EICHER MOTORS LTD | 4,964.32 | 38.88 | 193,019.0 |
| TVS MOTOR COMPANY LTD | 3,645.63 | 50.37 | 183,621.0 |
| HERO MOTOCORP LTD | 5,776.73 | 17.01 | 98,249.3 |
| OLA ELECTRIC MOBILITY LTD | -1,741.00 | -9.34 | 16,259.6 |
| ATUL AUTO LTD | 49.21 | 23.43 | 1,152.9 |
| WARDWIZARD INNOVATIONS & MOBILITY LTD | 0.94 | 161.12 | 151.6 |
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 | -9.34x |
| Max industry PE | 161.12x |
| Median industry PE | 24.46x |
| Average industry PE | 43.70x |
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