JK TYRE & INDUSTRIES
|
The Current P/E Ratio of JK TYRE & INDUSTRIES is 18.29.
| Share Price | ₹437.1 | Mar 18,2026 |
| Market Cap | ₹12,601.6 Cr | |
| Earnings-TTM | ₹688.9 Cr | TTM-Consolidated Results |
| Price/Earnings | 18.29x | 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 [ ₹12,601.6 Cr] as on Mar 18,2026
(/) Earnings [ ₹688.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 18.29x ]
Thus, for JK TYRE & INDUSTRIES , the investors are currently willing to pay 18.29 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 | 18.29 | 12,601.6 |
| BALKRISHNA INDUSTRIES LTD | 1,312.19 | 32.00 | 41,984.6 |
| MRF LTD | 2,230.05 | 25.45 | 56,749.0 |
| APOLLO TYRES LTD | 925.43 | 28.82 | 26,671.1 |
| CEAT LTD | 536.28 | 26.81 | 14,376.2 |
| TVS SRICHAKRA LTD | 44.62 | 62.37 | 2,782.8 |
| GOODYEAR INDIA LTD | 56.68 | 30.48 | 1,727.3 |
| TOLINS TYRES LTD | 36.03 | 11.24 | 404.8 |
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 | 11.24x |
| Max industry PE | 62.37x |
| Median industry PE | 28.82x |
| Average industry PE | 29.43x |
You may also like the below Video Courses