Price-to-Earnings, PB Ratio & Dividend Yield
Last updated
Auto is trading 20.3% above its 3-year median PE of 25.4. The sector is trading well above historical averages. Investing at these levels has often resulted in below-average forward returns.
Based on the last 3 years of Auto data (avg PE: 25.9), here are the valuation zones:
| Auto PE Range | Market Valuation | What Investors Typically Do |
|---|---|---|
| Below 23.3 | Undervalued (Buying Zone) | Historically strong entry points for long-term investors |
| 23.3 – 28.5 | Fairly Valued | Continue SIPs and regular investing with normal allocation |
| 28.5 – 31.1 | Getting Expensive | Be cautious, continue SIPs but avoid lump sum investments |
| Above 31.1 | Overvalued (Caution Zone) | Consider booking partial profits |
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 30.0 | 32.6 | 29.9 | 30.5 | 30.3 | 30.3 | — | — | — | — | — | — |
| 2025 | 22.3 | 21.5 | 20.3 | 21.0 | 23.7 | 24.6 | 24.9 | 25.1 | 27.5 | 27.9 | 28.2 | 30.1 |
| 2024 | 26.3 | 26.1 | 26.5 | 25.6 | 24.0 | 24.2 | 24.8 | 23.8 | 25.8 | 24.9 | 22.9 | 22.7 |
| 2023 | 38.0 | 33.1 | 31.0 | 32.5 | 31.1 | 29.8 | 31.1 | 24.9 | 25.6 | 25.5 | 23.7 | 25.2 |
| 2022 | 64.5 | 83.1 | 70.9 | 79.9 | 64.1 | 52.5 | 56.7 | 50.8 | 47.5 | 47.2 | 41.7 | 38.4 |
| 2021 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 97.1 | 87.9 | 57.5 | 56.5 | 62.0 | 67.5 | 60.0 |
| 2020 | 24.3 | 24.7 | 18.9 | 17.5 | 18.9 | 27.7 | 40.4 | 85.4 | 100.0 | 100.0 | 100.0 | 100.0 |
| 2019 | 24.2 | 23.3 | 24.0 | 24.1 | 22.8 | 22.3 | 20.7 | 19.6 | 20.3 | 20.8 | 23.6 | 23.7 |
| 2018 | 41.7 | 39.4 | 35.9 | 37.1 | 36.0 | 34.4 | 33.4 | 30.9 | 28.1 | 23.9 | 25.6 | 25.6 |
| 2017 | 33.9 | 34.3 | 34.4 | 34.9 | 36.3 | 38.2 | 39.6 | 39.9 | 42.1 | 43.0 | 41.1 | 41.1 |
| 2016 | — | — | — | — | — | 33.4 | 35.2 | 36.9 | 38.8 | 38.0 | 33.1 | 32.0 |
Monthly average P/E ratios. Colors relative to 3Y average (25.9): green = below avg, blue = near avg, orange = above avg, red = well above avg.
“—” = PE data unavailable for that month. This happens when aggregate index earnings are negative or near-zero, making the PE ratio undefined.
| Year | PE Avg | PE Low | PE High | PB Avg | DY Avg |
|---|---|---|---|---|---|
| 2026 | 30.61 | 28.10 | 34.86 | 4.56 | 1.20% |
| 2025 | 24.82 | 19.48 | 30.61 | 4.69 | 1.06% |
| 2024 | 24.81 | 21.94 | 27.14 | 5.55 | 0.89% |
| 2023 | 29.28 | 22.84 | 39.36 | 5.25 | 1.00% |
| 2022 | 57.93 | 36.71 | 94.55 | 4.92 | 1.05% |
| 2021 | 81.92 | 53.68 | 100.00 | 4.58 | 1.09% |
| 2020 | 55.88 | 14.79 | 100.00 | 3.28 | 1.82% |
| 2019 | 22.46 | 19.01 | 25.58 | 3.75 | 1.31% |
| 2018 | 32.78 | 23.03 | 42.50 | 5.50 | 0.77% |
| 2017 | 38.22 | 32.57 | 44.41 | 6.43 | 0.68% |
| 2016 | 35.46 | 30.11 | 40.21 | 6.37 | 0.76% |
15 companies in the CNX Auto index
| Company | Price | Day Change | PE TTM | 52W Range |
|---|---|---|---|---|
|
Ashok Leyland Ltd.
ASHOKLEY
|
₹151.5 | -3.7% | 28.7 |
Low ₹115
High ₹215
|
|
Bajaj Auto Ltd.
BAJAJ-AUTO
|
₹10,025.0 | -1.6% | 38.3 |
Low ₹7,859
High ₹10,834
|
|
Bharat Forge Ltd.
BHARATFORG
|
₹2,152.3 | +2.3% | 107.4 |
Low ₹1,101
High ₹2,159
|
|
Bosch Ltd.
BOSCHLTD
|
₹40,190.0 | -0.3% | 58.8 |
Low ₹28,610
High ₹41,945
|
|
Eicher Motors Ltd.
EICHERMOT
|
₹7,578.0 | -0.8% | 44.0 |
Low ₹5,353
High ₹8,230
|
|
Exide Industries Ltd.
EXIDEIND
|
₹379.1 | -0.6% | 40.5 |
Low ₹287
High ₹431
|
|
Hero MotoCorp Ltd.
HEROMOTOCO
|
₹4,974.6 | -0.2% | 22.8 |
Low ₹4,190
High ₹6,389
|
| ₹3,037.3 | -0.9% | 26.4 |
Low ₹2,896
High ₹3,840
|
|
|
Maruti Suzuki India Ltd.
MARUTI
|
₹13,451.0 | +0.2% | 29.2 |
Low ₹12,201
High ₹17,370
|
|
Samvardhana Motherson International Ltd.
MOTHERSON
|
₹143.6 | -1.5% | 39.1 |
Low ₹90
High ₹152
|
|
Sona BLW Precision Forgings Ltd.
SONACOMS
|
N/A | N/A | N/A | N/A |
|
Tata Motors Passenger Vehicles Ltd.
TMPV
|
N/A | N/A | N/A | N/A |
|
Tube Investments of India Ltd.
TIINDIA
|
N/A | N/A | N/A | N/A |
|
TVS Motor Company Ltd.
TVSMOTOR
|
₹3,456.2 | -0.9% | 73.5 |
Low ₹2,729
High ₹3,970
|
|
UNO Minda Ltd.
UNOMINDA
|
N/A | N/A | N/A | N/A |
Includes automobile manufacturers like Maruti Suzuki, Tata Motors, M&M, Bajaj Auto, and Hero MotoCorp. The index currently has 15 constituent companies and is categorised under Consumer on Craytheon.
Current Auto PE Ratio today 30.6 | PB 4.58 | Div Yield 1.09%
Disclaimer: The information provided on this page is for educational and informational purposes only. It should not be construed as investment advice, a recommendation, or an offer to buy or sell any securities. Past performance and historical PE ratios do not guarantee future results. Always consult a qualified financial advisor before making investment decisions.
Data Source: Indian Stock Exchange