MRF
|
The Current P/E Ratio of MRF is 36.78.
Share Price | ₹157,530.0 | Oct 14,2025 |
Market Cap | ₹66,162.6 Cr | |
Earnings-TTM | ₹1,798.7 Cr | TTM-Consolidated Results |
Price/Earnings | 36.78x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of MRF
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹66,162.6 Cr] as on Oct 14,2025
(/) Earnings [ ₹1,798.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 36.78x ]
Thus, for MRF , the investors are currently willing to pay 36.78 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 MRF !
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 MRF over the last five years.
Historical PE (Price/Earnings) ratio chart of MRF
PE Ratio Performance Analysis for MRF
- MRF 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 33.50x.
- MRF 's operated at median p/e ratio of 27.3x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MRF 's p/e ratio peaked in Mar2023 at 46.34x.
- MRF 's p/e ratio hit its five-year low in Mar2025 of 25.54x.
How does MRF '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 |
---|---|---|---|
MRF | 1,798.74 | 36.78 | 66,162.6 |
BALKRISHNA INDUSTRIES LTD | 1,453.27 | 29.64 | 43,069.1 |
APOLLO TYRES LTD | 831.49 | 36.75 | 30,554.7 |
CEAT LTD | 414.51 | 33.90 | 14,051.5 |
JK TYRE & INDUSTRIES LTD | 458.88 | 22.39 | 10,274.4 |
TVS SRICHAKRA LTD | 26.71 | 108.97 | 2,910.7 |
GOODYEAR INDIA LTD | 44.20 | 51.17 | 2,261.6 |
TOLINS TYRES LTD | 39.07 | 16.39 | 640.2 |
Tyres & Allied Industry Benchmark (Top 10) PE Analysis vs MRF 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 16.39x |
Max industry PE | 108.97x |
Median industry PE | 36.75x |
Average industry PE | 42.00x |
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