JK TYRE & INDUSTRIES
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The Current P/E Ratio of JK TYRE & INDUSTRIES is 22.70.
| Share Price | ₹542.4 | Feb 06,2026 |
| Market Cap | ₹15,637.4 Cr | |
| Earnings-TTM | ₹688.9 Cr | TTM-Consolidated Results |
| Price/Earnings | 22.70x | 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 [ ₹15,637.4 Cr] as on Feb 06,2026
(/) Earnings [ ₹688.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 22.70x ]
Thus, for JK TYRE & INDUSTRIES , the investors are currently willing to pay 22.70 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 | 688.86 | 22.70 | 15,637.4 |
| BALKRISHNA INDUSTRIES LTD | 1,312.19 | 39.90 | 52,353.2 |
| MRF LTD | 2,230.05 | 27.86 | 62,130.6 |
| APOLLO TYRES LTD | 925.43 | 34.62 | 32,034.5 |
| CEAT LTD | 536.28 | 29.58 | 15,863.9 |
| TVS SRICHAKRA LTD | 27.42 | 116.41 | 3,192.0 |
| GOODYEAR INDIA LTD | 56.68 | 34.34 | 1,946.1 |
| TOLINS TYRES LTD | 36.43 | 13.77 | 501.8 |
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 | 13.77x |
| Max industry PE | 116.41x |
| Median industry PE | 34.34x |
| Average industry PE | 39.90x |
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