Home

Insights

Apollo Tyres Ltd P/E Ratio

Apollo Tyres Ltd P/E Ratio

download
stocks purchased

₹ 1.6 Cr

Volume transacted

stocks purchased

31.7 K

stocks traded

Image

Apollo Tyres Ltd

NSE: APOLLOTYRE

PE

16.8

Last updated : 19 May 00:55 AM

Key Highlights

    The P/E Ratio of Apollo Tyres Ltd is 16.8 as of 19 May 00:55 AM .a1#The P/E Ratio of Apollo Tyres Ltd changed from 18.7 on March 2019 to 18.4 on March 2023 . This represents a CAGR of -0.32% over 5 years. a1#The Latest Trading Price of Apollo Tyres Ltd is ₹ 492.45 as of 18 May 15:30 .a1#The PE Ratio of Tyres Industry has changed from 19.7 to 31.3 in 5 years. This represents a CAGR of 9.70%a1# The PE Ratio of Automobile industry is 27.2. The PE Ratio of Finance industry is 13.6. The PE Ratio of IT - Software industry is 27.9. The PE Ratio of Retail industry is 94.8. The PE Ratio of Textiles industry is 21.1. The PE Ratio of Tyres industry is 31.3. In 2023a1#The Market Cap of Apollo Tyres Ltd changed from ₹ 12685 crore on March 2019 to ₹ 20313 crore on March 2023 . This represents a CAGR of 9.87% over 5 years. a1#The Revenue of Apollo Tyres Ltd changed from ₹ 5952 crore to ₹ 6332 crore over 8 quarters. This represents a CAGR of 3.14% a1#The EBITDA of Apollo Tyres Ltd changed from ₹ 700.44 crore to ₹ 1065 crore over 8 quarters. This represents a CAGR of 23.34% a1#The Net Profit of Apollo Tyres Ltd changed from ₹ 190.68 crore to ₹ 354.08 crore over 8 quarters. This represents a CAGR of 36.27% a1#The Dividend Payout of Apollo Tyres Ltd changed from 31.4 % on March 2019 to 49.38 % on March 2023 . This represents a CAGR of 9.48% over 5 years. a1#

Open Demat Account

Lead form image

+91

50 Years

of Trust & Legacy

₹0 AMC

for First Year

₹0 Brokerage

on Delivery, Intraday, Currency and NSE F&O

*By signing up you agree to our terms & conditions

×

P/E Ratio Over Time

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share. P/E Ratio Formula P/E ratio = (CMP of share/ Earning per share) Types of Price to Earning Ratio 1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance. 2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

P/E Ratio Over Time

Period
Mar '1918.7
Mar '209.5
Mar '2140.6
Mar '2219
Mar '2318.4

Fundamental Metrics

Market Cap

31,085 Cr

EPS

28.4

P/E Ratio (TTM) *

16.8

P/B Ratio (TTM) *

2.3

Day’s High

498.0

Day’s Low

490.0

DTE *

0.4

ROE *

12.3

52 Week High

559.85

52 Week Low

360.8

ROCE *

14.2

* All values are consolidated

* All values are consolidated

Image

Apollo Tyres Ltd

NSE: APOLLOTYRE

PRICE

492.45

3.00(0.61%)

stock direction

Last updated : 18 May 15:30

×

PRICE

The current market price or CMP refers to the price at which the securities are trading in the share market. Current price in Over-the-counter costs: The following current price depends upon the bid price & the asking price when a financial asset is sold over-the-counter(OTC). Current Price in Bond Market: The current price of a bond is determined by measuring the actual interest rate against the bid-related interest rate. The par or the face value is then calculated to represent the remaining interest payments due which occur before the maturity of the bond.

Share price Over Time

1M

1Y

3Y

5Y

* All values are in Rupees

SWOT Analysis Of Apollo Tyres Ltd

Strength

1

S

Weakness

1

W

Opportunity

0

O

Threats

2

T

BlinkX Score for Apollo Tyres Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value

Market Value

30,383

Asset Value

9,419

2.2 X

Value addition

* All values are in Rupees

PE Ratio Over Market Cap

Key Valuation Metric

Earnings

1,795 Cr

16.8 X

PE Ratio

Market Cap

₹30383Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio

PS Ratio

PB Ratio

Earnings

1,795 Cr

16.8 X

PE Ratio

Market Cap

₹30383Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio of Tyres Industry over time

PE Ratio of Top Sectors

Apollo Tyres Ltd PE Ratio Calculation

  • The Price-to-Earnings (PE) ratio, also known as the P/E Ratio, is a fundamental financial metric used to assess the valuation of a company's stock in relation to its earnings performance. For Apollo Tyres Ltd, the PE Ratio is calculated as follows:

P/E Ratio

=

Market Capitalization

Net Income

  • Given the current market conditions, Apollo Tyres Ltd's Share Price stands at 492.45. The Earnings per Share (Diluted) for the trailing twelve months (TTM) ending in 2024-05-18T00:00:00 is 28.42. Substituting the values into the formula, PE Ratio becomes as follows: PE Ratio = 492.45/ 28.42= 16.83.

P/E Ratio

=

Stock Price

Earning Per Share

  • This indicates that Apollo Tyres Ltd's stock is trading at approximately 16.83 times its earnings per share for the trailing twelve months. Alternatively, the PE Ratio can also be computed using the company's overall financial performance: PE Ratio = Market Cap / Net Income. Where Market Cap represents the total market capitalization of the company, and Net Income signifies the total earnings after expenses and taxes.

Understanding Apollo Tyres Ltd’s PE Ratio (BSE: APOLLOTYRE)

    The Price-to-Earnings (PE) ratio, used to assess Apollo Tyres Ltd's stock (BSE: APOLLOTYRE), indicates how many years it would take for the company to earn back the stock price. If a company earns ₹2 per share annually and its stock trades at ₹30, the PE ratio is 15, signifying a 15-year payback period assuming steady earnings. Earnings fluctuate, affecting the payback period, Growing earnings shorten the recovery time while declining earnings extend it. Shareholders favor shorter payback periods, preferring lower PE stocks. Among stocks with the same PE ratio, faster-growing businesses are preferred. A company with losses makes the PE ratio meaningless. Peter Lynch introduced the PEG ratio to compare stocks with different growth rates, dividing the PE ratio by the growth rate. A company is considered fairly valued when its PE ratio matches its growth rate. The PE ratio, applicable across industries, measures stock valuation based on earnings power. It indicates how quickly an investment can be recouped. Unlike the PB ratio, which assesses valuation based on the balance sheet, the PE ratio focuses on earnings. Overall, the PE ratio provides insights into stock valuation, aligning with investors' preference for faster returns.

×

Market Cap Over Time

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Market Cap Over Time

Period
Mar '1912685
Mar '204539
Mar '2114210
Mar '2212137
Mar '2320314

* All values are a in crore

×

Revenue Over Time

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Revenue Over Time

Period
Jun '225953
Sep '225963
Dec '226430
Mar '226287
Jun '236280
Sep '236305
Dec '236614
Mar '236333

* All values are a in crore

×

EBITDA Over Time

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

EBITDA Over Time

Period
Jun '22700
Sep '22719
Dec '22920
Mar '221038
Jun '231074
Sep '231173
Dec '231211
Mar '231066

* All values are a in crore

×

Net Profit Over Time

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Net Profit Over Time

Period
Jun '22191
Sep '22179
Dec '22292
Mar '22410
Jun '23397
Sep '23474
Dec '23497
Mar '23354

* All values are a in crore

×

Dividend Payout Over Time

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Dividend Payout Over Time

Period
Mar '1931
Mar '2034
Mar '2131
Mar '2279
Mar '2349

* All values are a in %

About Apollo Tyres Ltd

About Apollo Tyres Ltd

    In the year 1996, exclusive tubes plant commissioned in Ranjangoan in Maharashtra and in the year 2000, they established exclusive radial capacity in Limda. Thus the total capacity for Automobile Tyres and Automobile Tubes increased to 9659232 Nos and 6741000 Nos. The company incorporated Apollo Tyres AG, Switzerland as a wholly owned subsidiary with effect for July 4, 2007. On 10 February 2011, Apollo Tyres formally inaugurated its 9th global tyre manufacturing unit and the 4th in India on the outskirts of Chennai city. At its terminal capacity, production is expected to reach 16,000 passenger vehicle and 6,000 commercial vehicle tyres a day. Apollo retains the Durban plant which manufactures Truck & Bus Radial (TBR) tyres and Off Highway tyres (OHT) used in the mining and construction industries. On 26 August 2015, Apollo Tyres announced that it has successfully closed a Rs 300 million financing for its Greenfield plant in Hungary. On 26 October 2015, Apollo Tyres inaugurated two new Apollo Zones - the company's branded retail outlets -- in Amman, Jordan. These outlets are designed to provide customers with an enhanced retail experience and a better feel for the brand and products on display, including passenger car, truck-bus and agriculture tyres. The company is targeting a bigger share of the pie in the Malaysian replacement tyre market, which has an annual capacity of 580,000 truck-bus radials and 9.5 million passenger car tyres. Located less than 100 km from the capital Budapest, this is Apollo Tyres' first greenfield facility outside India. Leveraging on the very latest developments in terms of construction and material technologies, the Aspire XP combines outstanding levels of on-road comfort with a high degree of safety. As on March 31, 2019, your Company had 37 Overseas Subsidiary Companies (including step subsidiaries), 2 Associate Companies and 1 Joint Venture company under its roof. Also, Reifencom Einkaufsgesellschaft GmbH & Co. OHG, Hannover (equally owned by RCH and RCB) was merged with RCB. Retail Distribution Holding B.V., wholly owned Subsidiary of Apollo Tyres Cooperatief U.A., was wound up on November 27, 2018. The Passenger Vehicle category saw the Company introducing its 2nd generation All-Terrain SUV tyres, Apterra AT2, for the off-road enthusiasts. In the Truck Bus Bias (TBB) segment, it launched its bias rib tyre, Apollo Abhimanyu, which became the new benchmark of performance within the segment. In the Light Commercial Vehicle (LCV) segment, the Company continued to play on its strength of radials and dominated the market with an extremely high replacement market share. By expanding its already strong portfolio, It introduced next generation products for backhoe loaders, graders and compactors under the Terra' brand. For CV segment, the Company focused on expanding its retail network of Apollo CV Zones, which offer best-in-class tyre service to commercial truck and bus fleets.

Apollo Tyres Ltd News Hub

News

Apollo Tyres slips as Q4 PAT slides 14% YoY to Rs 354 cr

However, revenue from operations rose marginally to Rs 6,258.20 crore in Q4 FY24 as compar...

Read more

15 May 2024 11:12

News

Board of Apollo Tyres recommends Final Dividend

Apollo Tyres announced that the Board of Directors of the Company at its meeting held on 1...

Read more

14 May 2024 17:25

News

Apollo Tyres announces board meeting date

Apollo Tyres will hold a meeting of the Board of Directors of the Company on 14 May 2024 P...

Read more

07 May 2024 16:26

News

Apollo Tyres Ltd spurts 1.27%

Apollo Tyres Ltd is up for a third straight session in a row. The stock is quoting at Rs 5...

Read more

02 May 2024 13:05

News

Apollo Tyres Ltd soars 0.15%, rises for fifth straight session

Apollo Tyres Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 4...

Read more

25 Apr 2024 13:00

News

Apollo Tyres Q3 PAT soars 78% YoY to Rs 497 cr

Revenue from operations rose 2.69% year on year (YoY) to Rs 6,595.37 crore in the quarter ...

Read more

08 Feb 2024 10:24

Product Composition by Percentage (Revenue)

Document

Annual Reports

Annual Report 2023

dropdown
download

Credit Ratings

Credit Report 2024

dropdown
download

Concalls

June 2023

PPT

June 2022

TranscriptPPT

May 2022

PPT

Nov 2021

PPT

May 2021

PPT

Nov 2020

PPT

Aug 2020

Transcript

July 2020

Transcript

June 2023

PPT

June 2022

TranscriptPPT

May 2022

PPT

Nov 2021

PPT

May 2021

PPT

Nov 2020

PPT

Aug 2020

Transcript

July 2020

Transcript

FAQs for PE of Apollo Tyres Ltd

What is Apollo Tyres Ltd current share price?

The current market price of Apollo Tyres Ltd as of May 19, 2024 is ₹492.45.

Is Apollo Tyres Ltd a good investment?

As per BlinkX Score Apollo Tyres Ltd scores 61 in Revenue, 21 in Profitability. However it's advisable to conduct comprehensive research or seek advice from experts to evaluate whether it aligns with your investment objectives.

What are Apollo Tyres Ltd's total net assets?

According to Apollo Tyres Ltd's most recent financial filings, the company's net assets total ₹9419.3 Cr.

Is Apollo Tyres Ltd making a profit or loss?

Apollo Tyres Ltd's net Profit as of May 19, 2024 is close to ₹1,795 Cr.
up arrow
50yearstrust

Unlimited trading at just

Rs. 399

Rs. 199