JK Tyre & Industries Limited

BSE:530007 Stock Report

Market Cap: ₹107.2b

JK Tyre & Industries Valuation

Is 530007 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • 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 530007 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 530007 (₹391.35) is trading below our estimate of fair value (₹394.63)

Significantly Below Fair Value: 530007 is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 530007?

Key metric: As 530007 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 530007. This is calculated by dividing 530007's market cap by their current earnings.
What is 530007's PE Ratio?
PE Ratio14.6x
Earnings₹7.37b
Market Cap₹107.24b

Price to Earnings Ratio vs Peers

How does 530007's PE Ratio compare to its peers?

The above table shows the PE ratio for 530007 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average31.9x
500878 CEAT
23.1x20.4%₹131.0b
APOLLOTYRE Apollo Tyres
23.5x18.7%₹340.8b
509243 TVS Srichakra
41.3x19.2%₹26.8b
500168 Goodyear India
39.7xn/a₹23.2b
530007 JK Tyre & Industries
14.6x18.6%₹107.2b

Price-To-Earnings vs Peers: 530007 is good value based on its Price-To-Earnings Ratio (14.6x) compared to the peer average (31.9x).

Price to Earnings Ratio vs Industry

How does 530007's PE Ratio compare vs other companies in the IN Auto Components Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
513262 Steel Strips Wheels
4.6x-31.3%US$358.74m
505100 India Radiators
0.9xn/aUS$98.11k
523415 Coventry Coil-O-Matic (Haryana)
0.9xn/aUS$88.40k
No more companies available in this PE range
530007 14.6xIndustry Avg. 32.3xNo. of Companies17PE020406080100+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 530007 is good value based on its Price-To-Earnings Ratio (14.6x) compared to the Indian Auto Components industry average (32.3x).

Price to Earnings Ratio vs Fair Ratio

What is 530007'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.

530007 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.6x
Fair PE Ratio31.7x

Price-To-Earnings vs Fair Ratio: 530007 is good value based on its Price-To-Earnings Ratio (14.6x) compared to the estimated Fair Price-To-Earnings Ratio (31.7x).

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 530007 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹391.35
₹505.17
+29.1%
14.4%₹650.00₹415.00n/a6
Dec ’25₹382.00
₹505.17
+32.2%
14.4%₹650.00₹415.00n/a6
Nov ’25₹398.40
₹529.83
+33.0%
16.6%₹700.00₹415.00n/a6
Oct ’25₹427.95
₹529.83
+23.8%
16.6%₹700.00₹415.00n/a6
Sep ’25₹400.35
₹529.83
+32.3%
16.6%₹700.00₹415.00n/a6
Aug ’25₹436.65
₹532.33
+21.9%
16.4%₹700.00₹435.00n/a6
Jul ’25₹445.80
₹532.33
+19.4%
16.4%₹700.00₹435.00n/a6
Jun ’25₹405.20
₹532.33
+31.4%
16.4%₹700.00₹435.00n/a6
May ’25₹422.05
₹541.20
+28.2%
21.7%₹700.00₹380.00n/a5
Apr ’25₹429.60
₹541.20
+26.0%
21.7%₹700.00₹380.00n/a5
Mar ’25₹520.40
₹541.20
+4.0%
21.7%₹700.00₹380.00n/a5
Feb ’25₹522.40
₹469.40
-10.1%
34.6%₹700.00₹260.00n/a5
Jan ’25₹393.25
₹298.40
-24.1%
30.2%₹392.00₹145.00n/a5
Dec ’24₹352.65
₹298.40
-15.4%
30.2%₹392.00₹145.00₹382.005
Nov ’24₹308.10
₹255.20
-17.2%
26.5%₹320.00₹145.00₹398.405
Oct ’24₹277.60
₹282.75
+1.9%
15.5%₹320.00₹210.00₹427.954
Sep ’24₹267.50
₹272.00
+1.7%
16.9%₹320.00₹210.00₹400.353
Aug ’24₹263.20
₹185.00
-29.7%
13.4%₹205.00₹150.00₹436.653
Jul ’24₹236.85
₹185.00
-21.9%
13.4%₹205.00₹150.00₹445.803
Jun ’24₹187.80
₹185.00
-1.5%
13.4%₹205.00₹150.00₹405.203
May ’24₹178.70
₹175.33
-1.9%
10.3%₹190.00₹150.00₹422.053
Apr ’24₹154.95
₹175.33
+13.2%
10.3%₹190.00₹150.00₹429.603
Mar ’24₹149.85
₹165.25
+10.3%
14.2%₹190.00₹135.00₹520.404
Feb ’24₹164.70
₹160.75
-2.4%
21.0%₹198.00₹120.00₹522.404
Jan ’24₹184.20
₹160.75
-12.7%
21.0%₹198.00₹120.00₹393.254
Dec ’23₹199.45
₹160.75
-19.4%
21.0%₹198.00₹120.00₹352.654

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 02:59
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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 here.

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 .

Analyst Sources

JK Tyre & Industries Limited is covered by 13 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mayur MilakAnand Rathi Shares and Stock Brokers Limited
Bharat GiananiAngel Broking Private Limited
null nullAsian Markets Securities Private Limited