Tata Motors Passenger Vehicles Limited

BSE:500570 Stock Report

Market Cap: ₹1.5t

Tata Motors Passenger Vehicles Valuation

Is 500570 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 500570 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

₹346.17
Fair Value
15.5% overvalued intrinsic discount
27
Number of Analysts

Below Fair Value: 500570 (₹399.7) is trading above our estimate of fair value (₹346.17)

Significantly Below Fair Value: 500570 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 500570?

Key metric: As 500570 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 500570. This is calculated by dividing 500570's market cap by their current earnings.
What is 500570's PE Ratio?
PE Ratio6.9x
Earnings₹212.40b
Market Cap₹1.46t

Price to Earnings Ratio vs Peers

How does 500570's PE Ratio compare to its peers?

The above table shows the PE ratio for 500570 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average43.1x
HYUNDAI Hyundai Motor India
34.2x15.56%₹1.9t
M&M Mahindra & Mahindra
29.3x9.36%₹4.1t
MARUTI Maruti Suzuki India
35.5x12.40%₹5.2t
532343 TVS Motor
73.5x19.99%₹1.7t
500570 Tata Motors Passenger Vehicles
6.9x9.59%₹1.5t

Price-To-Earnings vs Peers: 500570 is good value based on its Price-To-Earnings Ratio (6.9x) compared to the peer average (43.1x).

Price to Earnings Ratio vs Industry

How does 500570's PE Ratio compare vs other companies in the Asian Auto Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
500570 6.9xIndustry Avg. 21.2xNo. of Companies17PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 500570 is good value based on its Price-To-Earnings Ratio (6.9x) compared to the Asian Auto industry average (21.2x).

Price to Earnings Ratio vs Fair Ratio

What is 500570's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

500570 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.9x
Fair PE Ratio40.1x

Price-To-Earnings vs Fair Ratio: 500570 is good value based on its Price-To-Earnings Ratio (6.9x) compared to the estimated Fair Price-To-Earnings Ratio (40.1x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 500570 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹399.70
₹726.49
+81.76%
24.92%₹1,300.00₹375.00n/a27
Oct ’26₹718.15
₹761.11
+5.98%
19.01%₹1,300.00₹575.00n/a27
Sep ’26₹690.00
₹740.52
+7.32%
19.68%₹1,300.00₹575.00n/a27
Aug ’26₹648.75
₹765.23
+17.95%
19.04%₹1,300.00₹578.00n/a26
Jul ’26₹683.95
₹764.86
+11.83%
18.82%₹1,300.00₹578.00n/a29
Jun ’26₹719.45
₹797.33
+10.83%
17.78%₹1,300.00₹578.00n/a30
May ’26₹644.15
₹806.53
+25.21%
19.44%₹1,300.00₹578.00n/a30
Apr ’26₹671.40
₹848.23
+26.34%
16.28%₹1,300.00₹625.00n/a30
Mar ’26₹620.55
₹866.57
+39.64%
15.44%₹1,300.00₹625.00n/a30
Feb ’26₹706.10
₹887.87
+25.74%
16.27%₹1,300.00₹660.00n/a31
Jan ’26₹749.25
₹965.40
+28.85%
13.61%₹1,300.00₹767.00n/a30
Dec ’25₹786.85
₹974.58
+23.86%
14.23%₹1,300.00₹767.00n/a31
Nov ’25₹843.60
₹1,149.13
+36.22%
11.67%₹1,340.00₹825.00n/a30
Oct ’25₹965.35
₹1,176.58
+21.88%
10.76%₹1,340.00₹825.00₹718.1531
Sep ’25₹1,109.40
₹1,170.66
+5.52%
11.06%₹1,340.00₹825.00₹690.0032
Aug ’25₹1,144.60
₹1,127.06
-1.53%
11.23%₹1,340.00₹825.00₹648.7532
Jul ’25₹1,001.65
₹1,090.38
+8.86%
11.78%₹1,250.00₹650.00₹683.9532
Jun ’25₹922.85
₹1,086.45
+17.73%
12.04%₹1,250.00₹650.00₹719.4531
May ’25₹1,007.85
₹1,014.07
+0.62%
14.29%₹1,265.00₹596.00₹644.1530
Apr ’25₹992.10
₹996.40
+0.43%
13.51%₹1,265.00₹596.00₹671.4030
Mar ’25₹977.20
₹957.06
-2.06%
13.02%₹1,100.00₹596.00₹620.5531
Feb ’25₹878.35
₹826.75
-5.87%
13.53%₹1,000.00₹550.00₹706.1032
Jan ’25₹790.50
₹748.27
-5.34%
9.51%₹841.00₹550.00₹749.2533
Dec ’24₹705.70
₹743.79
+5.40%
9.22%₹841.00₹550.00₹786.8533
Nov ’24₹627.35
₹721.94
+15.08%
9.14%₹830.00₹525.00₹843.6033
Oct ’24₹630.35
₹715.48
+13.51%
9.93%₹830.00₹490.00₹965.3533
₹726.49
Fair Value
45.0% undervalued intrinsic discount
27
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/20 17:51
End of Day Share Price 2025/10/20 00:00
Earnings2025/06/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Tata Motors Passenger Vehicles Limited is covered by 66 analysts. 24 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Amey DargudeAmbit Capital
Ashwin MehtaAmbit Capital
Jinesh GandhiAmbit Capital