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JK TYRE & INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of JK TYRE & INDUSTRIES is 14.41.

Share Price ₹387.1Jun 01,2026
Market Cap ₹11,158.7 Cr
Earnings-TTM₹774.2 CrTTM-Consolidated Results
Price/Earnings14.41xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of JK TYRE & INDUSTRIES

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of JK TYRE & INDUSTRIES is calculated as :

Current Market Cap [ ₹11,158.7 Cr] as on Jun 01,2026

(/) Earnings [ ₹774.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 14.41x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for JK TYRE & INDUSTRIES , the investors are currently willing to pay 14.41 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 latest p/e ratio is 14.41x.

- 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 RatioMarket Cap
JK TYRE & INDUSTRIES 774.1914.4111,158.7
MRF LTD2,420.1921.8052,763.3
BALKRISHNA INDUSTRIES LTD1,243.1033.6641,838.7
APOLLO TYRES LTD1,371.8317.8524,486.3
CEAT LTD681.4318.9912,937.8
TVS SRICHAKRA LTD71.0642.122,992.9
GOODYEAR INDIA LTD61.5027.411,685.6
TOLINS TYRES LTD35.6911.33404.4
DOLFIN RUBBERS LTD5.8129.17169.6

Tyres & Allied Industry Benchmark (Top 10) PE Analysis vs JK TYRE & INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 11.33x
Max industry PE 42.12x
Median industry PE 21.80x
Average industry PE 24.08x



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