JK TYRE & INDUSTRIES
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The Current P/E Ratio of JK TYRE & INDUSTRIES is 13.83.
| Share Price | ₹371.3 | Jun 09,2026 |
| Market Cap | ₹10,704.6 Cr | |
| Earnings-TTM | ₹774.2 Cr | TTM-Consolidated Results |
| Price/Earnings | 13.83x | 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 [ ₹10,704.6 Cr] as on Jun 09,2026
(/) Earnings [ ₹774.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 13.83x ]
Thus, for JK TYRE & INDUSTRIES , the investors are currently willing to pay 13.83 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 | 774.19 | 13.83 | 10,704.6 |
| MRF LTD | 2,420.19 | 21.52 | 52,076.0 |
| BALKRISHNA INDUSTRIES LTD | 1,243.10 | 33.14 | 41,196.9 |
| APOLLO TYRES LTD | 1,371.83 | 18.12 | 24,861.0 |
| CEAT LTD | 681.43 | 18.62 | 12,688.6 |
| TVS SRICHAKRA LTD | 71.06 | 42.97 | 3,053.5 |
| GOODYEAR INDIA LTD | 61.50 | 27.48 | 1,690.0 |
| TOLINS TYRES LTD | 35.69 | 11.03 | 393.7 |
| DOLFIN RUBBERS LTD | 5.81 | 29.10 | 169.2 |
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 | 11.03x |
| Max industry PE | 42.97x |
| Median industry PE | 21.52x |
| Average industry PE | 23.98x |
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