JK TYRE & INDUSTRIES
|
The Current P/E Ratio of JK TYRE & INDUSTRIES is 22.98.
| Share Price | ₹450.5 | Nov 20,2025 |
| Market Cap | ₹12,342.3 Cr | |
| Earnings-TTM | ₹537.2 Cr | TTM-Consolidated Results |
| Price/Earnings | 22.98x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of JK TYRE & INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹12,342.3 Cr] as on Nov 20,2025
(/) Earnings [ ₹537.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 22.98x ]
Thus, for JK TYRE & INDUSTRIES , the investors are currently willing to pay 22.98 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 JK TYRE & INDUSTRIES !
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 JK TYRE & INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of JK TYRE & INDUSTRIES
PE Ratio Performance Analysis for JK TYRE & INDUSTRIES
- JK TYRE & INDUSTRIES 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 13.27x.
- JK TYRE & INDUSTRIES 's operated at median p/e ratio of 14.31x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, JK TYRE & INDUSTRIES 's p/e ratio peaked in Mar2025 at 15.37x.
- JK TYRE & INDUSTRIES 's p/e ratio hit its five-year low in Mar2021 of 8.39x.
How does JK TYRE & INDUSTRIES '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 |
|---|---|---|---|
| JK TYRE & INDUSTRIES | 537.18 | 22.98 | 12,342.3 |
| BALKRISHNA INDUSTRIES LTD | 1,379.52 | 32.20 | 44,424.3 |
| MRF LTD | 1,853.68 | 34.77 | 64,452.2 |
| APOLLO TYRES LTD | 792.14 | 41.61 | 32,964.9 |
| CEAT LTD | 477.16 | 32.86 | 15,679.9 |
| TVS SRICHAKRA LTD | 27.42 | 131.22 | 3,598.1 |
| GOODYEAR INDIA LTD | 41.53 | 49.29 | 2,047.0 |
| TOLINS TYRES LTD | 36.43 | 17.42 | 634.5 |
Tyres & Allied Industry Benchmark (Top 10) PE Analysis vs JK TYRE & INDUSTRIES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 17.42x |
| Max industry PE | 131.22x |
| Median industry PE | 34.77x |
| Average industry PE | 45.29x |
You may also like the below Video Courses