CEAT
|
The Current P/E Ratio of CEAT is 37.40.
Share Price | ₹3,827.7 | Jul 18,2025 |
Market Cap | ₹15,502.0 Cr | |
Earnings-TTM | ₹414.5 Cr | TTM-Consolidated Results |
Price/Earnings | 37.40x | 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 [ ₹15,502.0 Cr] as on Jul 18,2025
(/) Earnings [ ₹414.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 37.40x ]
Thus, for CEAT , the investors are currently willing to pay 37.40 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 Mar2024 to Mar2020 averaged 25.94x.
- CEAT 's operated at median p/e ratio of 16.85x 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 Mar2020 of 13.77x.
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 | 37.40 | 15,502.0 |
BALKRISHNA INDUSTRIES LTD | 1,654.96 | 32.07 | 53,075.2 |
MRF LTD | 1,869.29 | 33.59 | 62,783.6 |
APOLLO TYRES LTD | 1,120.65 | 25.81 | 28,922.5 |
JK TYRE & INDUSTRIES LTD | 515.79 | 19.63 | 10,125.0 |
TVS SRICHAKRA LTD | 20.52 | 118.95 | 2,441.0 |
GOODYEAR INDIA LTD | 55.12 | 42.37 | 2,335.4 |
TOLINS TYRES LTD | 38.68 | 16.68 | 645.0 |
Tyres & Allied Industry Benchmark (Top 10) PE Analysis vs CEAT 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 16.68x |
Max industry PE | 118.95x |
Median industry PE | 33.59x |
Average industry PE | 40.81x |
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