BAJAJ AUTO
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The Current P/E Ratio of BAJAJ AUTO is 28.98.
| Share Price | ₹10,384.4 | Jul 13,2026 |
| Market Cap | ₹290,244.0 Cr | |
| Earnings-TTM | ₹10,013.8 Cr | TTM-Consolidated Results |
| Price/Earnings | 28.98x | 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 [ ₹290,244.0 Cr] as on Jul 13,2026
(/) Earnings [ ₹10,013.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 28.98x ]
Thus, for BAJAJ AUTO , the investors are currently willing to pay 28.98 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 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 | 10,013.80 | 28.98 | 290,244.0 |
| EICHER MOTORS LTD | 4,717.42 | 42.47 | 200,364.0 |
| TVS MOTOR COMPANY LTD | 3,227.49 | 54.12 | 174,671.0 |
| HERO MOTOCORP LTD | 5,391.12 | 18.38 | 99,112.0 |
| OLA ELECTRIC MOBILITY LTD | -1,833.00 | -10.18 | 18,661.7 |
| ATUL AUTO LTD | 43.23 | 31.27 | 1,351.9 |
| WARDWIZARD INNOVATIONS & MOBILITY LTD | 1.89 | 111.27 | 210.0 |
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 | -10.18x |
| Max industry PE | 111.27x |
| Median industry PE | 31.27x |
| Average industry PE | 39.47x |
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