CEAT
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The Current P/E Ratio of CEAT is 34.21.
| Share Price | ₹4,030.3 | Oct 31,2025 |
| Market Cap | ₹16,322.5 Cr | |
| Earnings-TTM | ₹477.2 Cr | TTM-Consolidated Results |
| Price/Earnings | 34.21x | Calculated as Market Cap/Earnings |
|---|---|---|
| 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 [ ₹16,322.5 Cr] as on Oct 31,2025
(/) Earnings [ ₹477.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 34.21x ]
Thus, for CEAT , the investors are currently willing to pay 34.21 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 | 477.16 | 34.21 | 16,322.5 |
| BALKRISHNA INDUSTRIES LTD | 1,379.52 | 31.97 | 44,109.2 |
| MRF LTD | 1,798.74 | 37.16 | 66,835.4 |
| APOLLO TYRES LTD | 831.49 | 38.31 | 31,853.5 |
| JK TYRE & INDUSTRIES LTD | 537.18 | 22.07 | 11,854.1 |
| TVS SRICHAKRA LTD | 26.71 | 118.82 | 3,173.8 |
| GOODYEAR INDIA LTD | 44.20 | 51.14 | 2,260.5 |
| TOLINS TYRES LTD | 39.07 | 18.82 | 735.5 |
Tyres & Allied Industry Benchmark (Top 10) PE Analysis vs CEAT 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 18.82x |
| Max industry PE | 118.82x |
| Median industry PE | 37.16x |
| Average industry PE | 44.06x |
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