Ceat Peer Comparison
NSE: CEATLTD | BSE: 500878
₹3,510.60
As on 27-Aug-2026IST
Market cap
₹14,209 Cr
Revenue (TTM)
₹16,467 Cr
P/E Ratio
24.1
P/B Ratio
2.8
Div. Yield
1 %
| Ceat | Apollo Tyres | JK Tyre | TVS Srichakra | Goodyear India | |
|---|---|---|---|---|---|
Market cap (₹ Cr) |
14,209 | 28,160 | 10,910 | 4,016 | 1,772 |
Revenue (₹ Cr) |
16,467 | 29,308 | 16,404 | 3,892 | 2,594 |
Net Profit (₹ Cr) |
566.60 | 1,707.82 | 662.07 | 92.25 | 53.90 |
Net Margin (%) |
3.43 | 5.79 | 4.02 | 2.35 | 2.06 |
RoE (%) |
13.29 | 22.40 | 13.50 | 8.79 | 10.53 |
Price to Earnings |
24.10 | 16.48 | 16.75 | 43.48 | 32.87 |
Price-To-Book |
2.82 | 1.65 | 1.79 | 3.28 | 2.90 |
Income Statement (₹ Cr)
| Ceat | Apollo Tyres | JK Tyre | TVS Srichakra | Goodyear India | |
|---|---|---|---|---|---|
|
Operating Revenue
|
15,678.00 | 28,470.60 | 16,326.65 | 3,253.83 | 2,475.88 |
|
Total Income
|
15,718.47 | 28,604.01 | 16,384.28 | 3,260.04 | 2,494.58 |
|
Total Expenditure
|
13,630.89 | 24,300.25 | 14,295.28 | 3,023.53 | 2,335.19 |
|
EBITDA
|
2,047.11 | 4,170.35 | 2,031.37 | 230.30 | 140.69 |
|
Depreciation
|
697.42 | 1,543.02 | 472.20 | 128.76 | 49.30 |
|
EBIT
|
1,349.69 | 2,627.33 | 1,559.17 | 101.54 | 91.39 |
|
Interest
|
358.62 | 418.61 | 428.47 | 59.84 | 5.16 |
|
Other Income
|
40.47 | 133.41 | 57.63 | 6.21 | 18.70 |
|
Exceptional Items
|
-71.23 | -1,033.51 | -145.59 | -11.40 | -21.77 |
|
Profit before Tax
|
976.11 | 1,309.20 | 1,042.74 | 36.51 | 83.16 |
|
Provision for Tax
|
278.87 | -63.21 | 268.55 | 15.99 | 21.66 |
|
Profit after Tax
|
697.24 | 1,372.42 | 774.19 | 20.52 | 61.50 |
Liabilities (₹ Cr)
| Ceat | Apollo Tyres | JK Tyre | TVS Srichakra | Goodyear India | |
|---|---|---|---|---|---|
|
Shareholder's Funds
|
5,046.01 | 16,715.17 | 6,060.82 | 1,183.90 | 606.19 |
|
Minority Interest
|
8.02 | -- | -0.66 | -0.76 | -- |
|
Non-Current Liabilities
|
2,435.00 | 4,234.82 | 4,426.72 | 481.36 | 796.50 |
|
Current Liabilities
|
6,423.63 | 8,083.75 | 5,426.76 | 1,311.67 | 573.48 |
|
Total Liabilities
|
13,912.66 | 29,033.73 | 15,913.64 | 2,976.17 | 1,982.22 |
Assets (₹ Cr)
| Ceat | Apollo Tyres | JK Tyre | TVS Srichakra | Goodyear India | |
|---|---|---|---|---|---|
|
Non-Current Assets
|
9,540.81 | 18,335.41 | 8,615.92 | 1,761.95 | 1,157.26 |
|
Current Assets
|
4,322.98 | 10,698.33 | 7,295.17 | 1,214.22 | 818.91 |
|
Total Assets
|
13,912.66 | 29,033.73 | 15,913.64 | 2,976.17 | 1,982.22 |
|
Total Debt*
|
3,010.79 | 2,631.71 | 4,746.00 | 879.98 | 0.00 |
|
Net Current Assets
|
-2,100.65 | 2,614.58 | 1,868.41 | -97.45 | 245.43 |
|
Contingent Liabilities
|
275.38 | 772.06 | 361.30 | 182.61 | 178.49 |
Cashflow (₹ Cr)
| Ceat | Apollo Tyres | JK Tyre | TVS Srichakra | Goodyear India | |
|---|---|---|---|---|---|
|
Cash From Operating Activities
|
1,785.55 | 3,667.37 | 1,443.84 | 197.33 | 112.28 |
|
Cash Flow from Investing Activities
|
-2,270.60 | -1,340.96 | -626.67 | -154.08 | -6.12 |
|
Cash from Financing Activities
|
476.64 | -2,177.08 | -782.72 | -46.64 | -64.77 |
|
Net Cash Inflow / Outflow
|
-8.41 | 149.33 | 34.45 | -3.39 | 41.39 |
Ratios
Profitability Ratios
| Ceat | Apollo Tyres | JK Tyre | TVS Srichakra | Goodyear India | |
|---|---|---|---|---|---|
|
ROCE (%)
|
18.60 | 9.22 | 14.30 | 4.80 | 14.67 |
|
ROE (%)
|
14.82 | 8.73 | 14.03 | 1.79 | 10.22 |
|
ROA (%)
|
5.55 | 4.88 | 5.10 | 0.72 | 3.14 |
|
EBIT Margin (%)
|
13.32 | 15.12 | 12.80 | 7.27 | 6.44 |
|
Net Margin (%)
|
4.44 | 4.80 | 4.73 | 0.63 | 2.47 |
|
Cash Profit Margin (%)
|
8.90 | 10.24 | 7.63 | 4.24 | 4.03 |
Growth Ratios
| Ceat | Apollo Tyres | JK Tyre | TVS Srichakra | Goodyear India | |
|---|---|---|---|---|---|
|
Revenue Growth (%)
|
18.61 | 8.99 | 11.12 | 11.20 | -5.07 |
|
EBIT Growth (%)
|
39.95 | 16.84 | 24.51 | -23.02 | 18.85 |
|
Net Profit Growth (%)
|
47.92 | 22.39 | 50.10 | -80.96 | 11.57 |
|
EPS Growth (%)
|
47.69 | 22.39 | 44.79 | -80.91 | 11.57 |
|
Book Value Growth (%)
|
15.41 | 13.10 | 21.71 | 6.45 | 0.54 |
Valuation Ratios
| Ceat | Apollo Tyres | JK Tyre | TVS Srichakra | Goodyear India | |
|---|---|---|---|---|---|
|
Price / Earnings
|
18.79 | 19.07 | 14.16 | 94.13 | 24.90 |
|
Price / Book Value
|
2.60 | 1.57 | 1.81 | 1.64 | 2.54 |
|
Dividend Yield (%)
|
1.08 | 1.46 | 1.05 | 0.67 | 3.99 |
|
EV/EBITDA
|
7.70 | 6.45 | 7.39 | 11.85 | 8.13 |
|
Market Cap (₹ Cr)
|
13,114.65 | 26,167.33 | 10,991.10 | 1,939.93 | 1,531.33 |
Solvency Ratios
| Ceat | Apollo Tyres | JK Tyre | TVS Srichakra | Goodyear India | |
|---|---|---|---|---|---|
|
Debt to Equity
|
0.60 | 0.16 | 0.78 | 0.74 | 0.00 |
|
Short term debt to equity ratio
|
0.21 | 0.05 | 0.30 | 0.38 | -- |
|
Current Ratio
|
0.67 | 1.32 | 1.34 | 0.93 | 1.43 |
|
Quick Ratio
|
0.40 | 0.65 | 0.85 | 0.32 | 0.98 |
|
Interest Coverage
|
3.72 | 4.13 | 3.43 | 1.61 | 17.12 |
Operating Efficiency Ratios
| Ceat | Apollo Tyres | JK Tyre | TVS Srichakra | Goodyear India | |
|---|---|---|---|---|---|
|
Debtors to sales (%)
|
11.73 | 11.21 | 19.66 | 10.66 | 11.48 |
|
Asset Turnover
|
1.25 | 1.01 | 1.08 | 1.24 | 1.40 |
|
Receivable days
|
40.65 | 40.08 | 67.54 | 32.63 | 37.63 |
|
Inventory Days
|
37.19 | 67.84 | 58.00 | 77.86 | 35.95 |
|
Payable days
|
118.85 | 71.56 | 73.34 | 87.45 | 96.40 |
|
Cash Conversion Cycle
|
-41.00 | 36.36 | 52.19 | 23.04 | -22.83 |