JK TYRE & INDUSTRIES
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The Current P/E Ratio of JK TYRE & INDUSTRIES is 15.27.
| Share Price | ₹410.0 | Aug 03,2026 |
| Market Cap | ₹11,820.3 Cr | |
| Earnings-TTM | ₹774.2 Cr | TTM-Consolidated Results |
| Price/Earnings | 15.27x | 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 [ ₹11,820.3 Cr] as on Aug 03,2026
(/) Earnings [ ₹774.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 15.27x ]
Thus, for JK TYRE & INDUSTRIES , the investors are currently willing to pay 15.27 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 Mar2026 to Mar2022 averaged 14.34x.
- 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 14.94x.
- JK TYRE & INDUSTRIES 's p/e ratio hit its five-year low in Mar2022 of 13.75x.
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 | 15.27 | 11,820.3 |
| MRF LTD | 2,420.19 | 23.44 | 56,727.1 |
| BALKRISHNA INDUSTRIES LTD | 1,405.57 | 34.30 | 48,207.5 |
| APOLLO TYRES LTD | 1,371.83 | 20.18 | 27,680.9 |
| CEAT LTD | 566.60 | 25.27 | 14,318.9 |
| TVS SRICHAKRA LTD | 71.06 | 42.95 | 3,052.1 |
| GOODYEAR INDIA LTD | 61.50 | 32.17 | 1,978.3 |
| TOLINS TYRES LTD | 35.69 | 11.48 | 409.7 |
| DOLFIN RUBBERS LTD | 5.81 | 29.21 | 169.8 |
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 | 11.48x |
| Max industry PE | 42.95x |
| Median industry PE | 25.27x |
| Average industry PE | 26.03x |
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