CEAT
|
The Current P/E Ratio of CEAT is 26.60.
| Share Price | ₹3,721.7 | Aug 12,2026 |
| Market Cap | ₹15,072.9 Cr | |
| Earnings-TTM | ₹566.6 Cr | TTM-Consolidated Results |
| Price/Earnings | 26.60x | 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 [ ₹15,072.9 Cr] as on Aug 12,2026
(/) Earnings [ ₹566.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 26.60x ]
Thus, for CEAT , the investors are currently willing to pay 26.60 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 Mar2026 to Mar2022 averaged 28.95x.
- 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 Mar2024 of 16.85x.
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 | 566.60 | 26.60 | 15,072.9 |
| MRF LTD | 2,415.07 | 23.00 | 55,556.8 |
| BALKRISHNA INDUSTRIES LTD | 1,405.57 | 33.13 | 46,573.0 |
| APOLLO TYRES LTD | 1,707.82 | 16.48 | 28,144.5 |
| JK TYRE & INDUSTRIES LTD | 662.07 | 16.70 | 11,057.3 |
| TVS SRICHAKRA LTD | 71.06 | 43.05 | 3,059.0 |
| GOODYEAR INDIA LTD | 61.50 | 29.30 | 1,802.2 |
| TOLINS TYRES LTD | 35.69 | 10.65 | 379.9 |
| DOLFIN RUBBERS LTD | 6.21 | 27.48 | 170.5 |
Tyres & Allied Industry Benchmark (Top 10) PE Analysis vs CEAT 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 10.65x |
| Max industry PE | 43.05x |
| Median industry PE | 26.60x |
| Average industry PE | 25.15x |
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