Is Kross the Best Stock in Its Sector? A Look at the Numbers
- September 30, 2026
- Posted by: Neeraj Pandey
- Category: Market
Kross CMP Rs 264 (30 Sep 2026). Market cap Rs 1,688 Cr. ROE 11.27%. P/E 29.21x versus Industry P/E 46.31x.
Quick Answer
Kross is one of the names investors compare when screening the Automobile & Ancillaries sector, built on a 11.27% return on equity and a P/E of 29.21x against an Industry P/E of 46.31x. Whether Kross is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Automobile & Ancillaries sector peers, so you can judge that for yourself.
Is Kross the best stock in its sector? The stock trades on the NSE at Rs 264 as of 30 September 2026, within its 52-week range of Rs 150.52 to Rs 283.00. Kross Ltd manufactures forged and machined components for commercial vehicles.
Kross sits in the Automobile & Ancillaries sector, and its 11.27% ROE and 29.21x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector’s Industry P/E benchmark.
Also read – Is Abbott India the Best Stock in Its Sector? A Look at the Numbers
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About Kross
Kross Ltd manufactures forged and machined components for commercial vehicles. The stock is trading close to its 52-week high after a sharp rally from its 52-week low, on very heavy volume today. At a market capitalisation of Rs 1,688 Cr, it is tracked as part of the Automobile & Ancillaries sector on Univest.
Is Kross the Best Stock in Its Sector?
Kross makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, combining a 11.27% ROE with a 29.21x P/E against the sector’s 46.31x Industry P/E. Kross’ 29.21x P/E is well below the 46.31x Industry P/E despite an 11.27% ROE, making it look inexpensive relative to its own quality, though the stock has rallied sharply toward its 52-week high.
| Metric | Kross |
|---|---|
| CMP (NSE) | Rs 263.99 |
| 52-Week High / Low | Rs 283.00 / Rs 150.52 |
| Market Cap | Rs 1,688 Cr |
| P/E (TTM) vs Industry P/E | 29.21x vs 46.31x |
| P/B | 3.45 |
| ROE | 11.27% |
| EPS (TTM) | Rs 8.96 |
| Dividend Yield | 0.00% |
| Debt to Equity | 0.11 |
Compare Kross Against Other Automobile & Ancillaries Sector Stocks
How Kross Compares Against Its Automobile & Ancillaries Sector Peers
The table below sets Kross against 2 other Automobile & Ancillaries sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.
| Company | Market Cap (Rs Cr) | P/E | ROE | Debt to Equity |
|---|---|---|---|---|
| Kross | 1,688 | 29.21 | 11.27% | 0.11 |
| Kalyani Forge | 368 | 29.72 | 9.75% | 1.11 |
| Gandhi Special Tubes | 1,104 | 14.78 | 21.64% | 0.00 |
| Peer average (2 companies) | – | 22.25 | 15.70% | 0.56 |
Against this peer set, Kross’s 11.27% ROE is below the 15.70% peer average, and its P/E of 29.21x runs above the peer average of 22.25x. Kross’ 29.21x P/E is well below the 46.31x Industry P/E despite an 11.27% ROE, making it look inexpensive relative to its own quality, though the stock has rallied sharply toward its 52-week high.
What Makes Kross Worth Watching in Automobile & Ancillaries
- Well below Industry P/E: A 29.21x P/E against a 46.31x Industry P/E is a discount for a business with an 11.27% ROE.
- Low leverage: A debt to equity ratio of 0.11 is comfortable for a commercial vehicle components manufacturer.
- Forged and machined component scale: Manufacturing forged and machined components for commercial vehicles gives Kross a specialised auto ancillary niche.
Kross Valuation: Is It Justified?
Kross’ 29.21x P/E is well below the 46.31x Industry P/E despite an 11.27% ROE, making it look inexpensive relative to its own quality, though the stock has rallied sharply toward its 52-week high. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.
Also read – Is KRBL the Best Stock in Its Sector? A Look at the Numbers
Download the Univest iOS App or Univest Android App to track Kross and other Automobile & Ancillaries sector stocks.
How to Track Kross Before You Invest
Before deciding whether Kross deserves its label as the best stock in its sector for your own portfolio, compare it directly against Automobile & Ancillaries sector peers using the steps below.
- Open the Univest Screener and search for Kross to view live price, valuation ratios, and peer comparisons within the Automobile & Ancillaries sector.
- Compare its P/E, P/B, and ROE against other Automobile & Ancillaries sector stocks before deciding if the current valuation fits your strategy.
- Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
- Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.
Conclusion
Kross earns a place in the best stock in its sector conversation on the strength of a 11.27% ROE and a P/E of 29.21x against a 46.31x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Is Kross the best stock in its sector?
Ans. Kross has a 11.27% ROE and trades at 29.21x P/E against a 46.31x Industry P/E, and compares below the peer average ROE of 15.70% in this article’s named comparison, so the answer depends on what an investor is prioritising.
What is the current share price of Kross?
Ans. Kross was trading at Rs 263.99 on the NSE as of 30 September 2026, within its 52-week range of Rs 150.52 to Rs 283.00.
What sector does Kross belong to?
Ans. Kross is classified under the Automobile & Ancillaries sector on Univest.
How does Kross compare to its sector peers on P/E?
Ans. Kross’s P/E of 29.21x is above the 22.25x average of the 2 named peers compared in this article.
What is Kross’s return on equity?
Ans. Kross reported a return on equity of 11.27%, which is below the 15.70% average of its named peers in this comparison.
Should I invest in Kross based on its sector position?
Ans. Kross’s sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.
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