Bajaj Auto Valuation
Is BAJAJ-AUTO undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
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 BAJAJ-AUTO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: BAJAJ-AUTO (₹8697.1) is trading above our estimate of fair value (₹2392.97)
Significantly Below Fair Value: BAJAJ-AUTO is trading above our estimate of fair value.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for BAJAJ-AUTO?
Other financial metrics that can be useful for relative valuation.
What is BAJAJ-AUTO's n/a Ratio? | |
---|---|
n/a | 0x |
n/a | n/a |
Market Cap | ₹2.43t |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 5.1x |
Enterprise Value/EBITDA | 23.4x |
PEG Ratio | 2.7x |
Price to Earnings Ratio vs Peers
How does BAJAJ-AUTO's PE Ratio compare to its peers?
Company | Forward PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 33.6x | ||
505200 Eicher Motors | 32.3x | 11.3% | ₹1.2t |
500182 Hero MotoCorp | 24.3x | 14.3% | ₹878.9b |
532343 TVS Motor | 57.1x | 20.3% | ₹933.2b |
M&M Mahindra & Mahindra | 20.6x | 5.9% | ₹2.3t |
BAJAJ-AUTO Bajaj Auto | 31.5x | 11.5% | ₹2.4t |
Price-To-Earnings vs Peers: BAJAJ-AUTO is good value based on its Price-To-Earnings Ratio (31.5x) compared to the peer average (33.6x).
Price to Earnings Ratio vs Industry
How does BAJAJ-AUTO's PE Ratio compare vs other companies in the Asian Auto Industry?
Price-To-Earnings vs Industry: BAJAJ-AUTO is expensive based on its Price-To-Earnings Ratio (31.5x) compared to the Asian Auto industry average (17.2x).
Price to Earnings Ratio vs Fair Ratio
What is BAJAJ-AUTO'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.
Fair Ratio | |
---|---|
Current PE Ratio | 31.5x |
Fair PE Ratio | 30.6x |
Price-To-Earnings vs Fair Ratio: BAJAJ-AUTO is expensive based on its Price-To-Earnings Ratio (31.5x) compared to the estimated Fair Price-To-Earnings Ratio (30.6x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
---|---|---|---|---|---|---|---|
Current | ₹8,697.10 | ₹8,548.74 -1.7% | 17.2% | ₹10,500.00 | ₹5,636.00 | n/a | 42 |
Apr ’25 | ₹9,042.15 | ₹7,411.28 -18.0% | 16.3% | ₹9,400.00 | ₹5,000.00 | n/a | 40 |
Mar ’25 | ₹8,040.05 | ₹7,274.61 -9.5% | 16.2% | ₹9,400.00 | ₹4,923.00 | n/a | 41 |
Feb ’25 | ₹7,655.75 | ₹7,135.71 -6.8% | 15.6% | ₹9,000.00 | ₹4,923.00 | n/a | 42 |
Jan ’25 | ₹6,701.10 | ₹5,730.35 -14.5% | 11.5% | ₹7,450.00 | ₹4,300.00 | n/a | 40 |
Dec ’24 | ₹6,046.05 | ₹5,549.83 -8.2% | 8.9% | ₹6,400.00 | ₹4,300.00 | n/a | 40 |
Nov ’24 | ₹5,344.35 | ₹5,448.64 +2.0% | 9.5% | ₹6,144.00 | ₹4,180.00 | n/a | 42 |
Oct ’24 | ₹5,063.70 | ₹5,042.10 -0.4% | 8.4% | ₹5,800.00 | ₹4,000.00 | n/a | 40 |
Sep ’24 | ₹4,668.45 | ₹5,014.82 +7.4% | 8.8% | ₹5,800.00 | ₹4,000.00 | n/a | 39 |
Aug ’24 | ₹4,923.95 | ₹4,933.23 +0.2% | 10.1% | ₹5,800.00 | ₹3,785.00 | n/a | 40 |
Jul ’24 | ₹4,691.55 | ₹4,559.53 -2.8% | 8.1% | ₹5,400.00 | ₹3,785.00 | n/a | 38 |
Jun ’24 | ₹4,643.60 | ₹4,552.95 -2.0% | 7.9% | ₹5,223.00 | ₹3,785.00 | n/a | 38 |
May ’24 | ₹4,431.95 | ₹4,552.95 +2.7% | 7.9% | ₹5,223.00 | ₹3,785.00 | n/a | 38 |
Apr ’24 | ₹3,884.75 | ₹4,193.46 +7.9% | 6.6% | ₹4,564.00 | ₹3,500.00 | ₹9,042.15 | 37 |
Mar ’24 | ₹3,731.65 | ₹4,197.67 +12.5% | 6.6% | ₹4,564.00 | ₹3,500.00 | ₹8,040.05 | 39 |
Feb ’24 | ₹3,811.30 | ₹4,199.24 +10.2% | 6.8% | ₹4,800.00 | ₹3,500.00 | ₹7,655.75 | 41 |
Jan ’24 | ₹3,616.05 | ₹4,056.61 +12.2% | 7.9% | ₹4,800.00 | ₹3,300.00 | ₹6,701.10 | 41 |
Dec ’23 | ₹3,707.60 | ₹4,056.61 +9.4% | 7.9% | ₹4,800.00 | ₹3,300.00 | ₹6,046.05 | 41 |
Nov ’23 | ₹3,732.70 | ₹4,042.82 +8.3% | 7.5% | ₹4,800.00 | ₹3,300.00 | ₹5,344.35 | 44 |
Oct ’23 | ₹3,527.75 | ₹4,140.50 +17.4% | 8.0% | ₹4,800.00 | ₹3,300.00 | ₹5,063.70 | 42 |
Sep ’23 | ₹4,076.30 | ₹4,181.07 +2.6% | 8.2% | ₹4,800.00 | ₹3,300.00 | ₹4,668.45 | 42 |
Aug ’23 | ₹3,973.30 | ₹4,174.50 +5.1% | 8.4% | ₹4,800.00 | ₹3,300.00 | ₹4,923.95 | 42 |
Jul ’23 | ₹3,624.60 | ₹4,155.19 +14.6% | 7.9% | ₹4,800.00 | ₹3,400.00 | ₹4,691.55 | 42 |
Jun ’23 | ₹3,720.10 | ₹4,176.76 +12.3% | 6.7% | ₹4,669.00 | ₹3,400.00 | ₹4,643.60 | 41 |
May ’23 | ₹3,729.55 | ₹4,165.12 +11.7% | 6.8% | ₹4,669.00 | ₹3,400.00 | ₹4,431.95 | 42 |
Apr ’23 | ₹3,739.90 | ₹3,998.24 +6.9% | 8.5% | ₹4,700.00 | ₹3,200.00 | ₹3,884.75 | 41 |
Analyst Forecast: Target price is lower than the current share price.