CEAT
|
The Current P/E Ratio of CEAT is 31.60.
Share Price | ₹3,234.5 | Aug 18,2025 |
Market Cap | ₹13,099.5 Cr | |
Earnings-TTM | ₹414.5 Cr | TTM-Consolidated Results |
Price/Earnings | 31.60x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of CEAT
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹13,099.5 Cr] as on Aug 18,2025
(/) Earnings [ ₹414.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 31.60x ]
Thus, for CEAT , the investors are currently willing to pay 31.60 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 CEAT !
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 CEAT over the last five years.
Historical PE (Price/Earnings) ratio chart of CEAT
PE Ratio Performance Analysis for CEAT
- CEAT 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 28.12x.
- CEAT 's operated at median p/e ratio of 24.66x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, CEAT 's p/e ratio peaked in Mar2022 at 52.94x.
- CEAT 's p/e ratio hit its five-year low in Mar2021 of 14.62x.
How does CEAT '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 |
---|---|---|---|
CEAT | 414.51 | 31.60 | 13,099.5 |
BALKRISHNA INDUSTRIES LTD | 1,453.27 | 32.30 | 46,935.5 |
MRF LTD | 1,798.74 | 34.09 | 61,311.2 |
APOLLO TYRES LTD | 831.49 | 35.46 | 29,484.6 |
JK TYRE & INDUSTRIES LTD | 458.88 | 19.43 | 8,918.0 |
TVS SRICHAKRA LTD | 26.71 | 82.24 | 2,196.5 |
GOODYEAR INDIA LTD | 44.20 | 51.17 | 2,261.6 |
TOLINS TYRES LTD | 39.07 | 14.65 | 572.3 |
Tyres & Allied Industry Benchmark (Top 10) PE Analysis vs CEAT 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 14.65x |
Max industry PE | 82.24x |
Median industry PE | 34.09x |
Average industry PE | 37.62x |
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