Is Tenneco Clean Air India the Best Stock in Its Sector? A Look at the Numbers
- October 9, 2026
- Posted by: Kunal Singla
- Category: Market
Tenneco Clean Air India CMP Rs 474 (09 Oct 2026). Market cap Rs 18,986 Cr. ROE 50.41%. P/E 31.57x versus Industry P/E 37.01x.
Quick Answer
Tenneco Clean Air India is one of the names investors compare when screening the Automobile & Ancillaries sector, built on a 50.41% return on equity and a P/E of 31.57x against an Industry P/E of 37.01x. Whether Tenneco Clean Air India 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 Tenneco Clean Air India the best stock in its sector? The stock trades on the NSE at Rs 474 as of 09 October 2026, within its 52-week range of Rs 438.05 to Rs 657.00. Tenneco Clean Air India Ltd, incorporated in 2018, is the Indian unit of Tenneco Inc., a global maker of clean air and powertrain products for automotive applications.
Tenneco Clean Air India sits in the Automobile & Ancillaries sector, and its 50.41% ROE and 31.57x 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
Click Here – Get Free Investment Predictions
About Tenneco Clean Air India
Tenneco Clean Air India Ltd, incorporated in 2018, is the Indian unit of Tenneco Inc., a global maker of clean air and powertrain products for automotive applications. The stock trades about 28 percent below its 52-week high and only about 8 percent above its 52-week low. At a market capitalisation of Rs 18,986 Cr, it is tracked as part of the Automobile & Ancillaries sector on Univest.
Is Tenneco Clean Air India the Best Stock in Its Sector?
Tenneco Clean Air India makes its case as the best stock in its sector primarily on return on equity and balance sheet strength, combining a 50.41% ROE with a 31.57x P/E against the sector’s 37.01x Industry P/E. Tenneco Clean Air India’s 31.57x P/E is below the 37.01x Industry P/E, with a 50.41% ROE and almost no debt, but the stock is about 28 percent below its 52-week high and sits only about 8 percent above its low.
| Metric | Tenneco Clean Air India |
|---|---|
| CMP (NSE) | Rs 473.85 |
| 52-Week High / Low | Rs 657.00 / Rs 438.05 |
| Market Cap | Rs 18,986 Cr |
| P/E (TTM) vs Industry P/E | 31.57x vs 37.01x |
| P/B | 15.86 |
| ROE | 50.41% |
| EPS (TTM) | Rs 14.90 |
| Dividend Yield | 5.46% |
| Debt to Equity | 0.04 |
Compare Tenneco Clean Air India Against Other Automobile & Ancillaries Sector Stocks
How Tenneco Clean Air India Compares Against Its Automobile & Ancillaries Sector Peers
The table below sets Tenneco Clean Air India 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 |
|---|---|---|---|---|
| Tenneco Clean Air India | 18,986 | 31.57 | 50.41% | 0.04 |
| Pricol | 7,917 | 29.55 | 19.99% | 0.30 |
| Lumax Auto Technologies | 12,055 | 31.57 | 23.04% | 1.02 |
| Peer average (2 companies) | – | 30.56 | 21.52% | 0.66 |
Against this peer set, Tenneco Clean Air India’s 50.41% ROE is above the 21.52% peer average, and its P/E of 31.57x runs above the peer average of 30.56x. Tenneco Clean Air India’s 31.57x P/E is below the 37.01x Industry P/E, with a 50.41% ROE and almost no debt, but the stock is about 28 percent below its 52-week high and sits only about 8 percent above its low.
What Makes Tenneco Clean Air India Worth Watching in Automobile & Ancillaries
- Very high ROE, almost no debt: A 50.41% ROE with a debt to equity ratio of 0.04 reflects strong returns on a nearly debt free balance sheet.
- Dividend yield: A 5.46% dividend yield adds a substantial income component, though investors should check whether the payouts are recurring.
- Close to the low: The stock is only about 8 percent above its 52-week low, so the recent price trend has been weak.
Tenneco Clean Air India Valuation: Is It Justified?
Tenneco Clean Air India’s 31.57x P/E is below the 37.01x Industry P/E, with a 50.41% ROE and almost no debt, but the stock is about 28 percent below its 52-week high and sits only about 8 percent above its low. 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 TCI Express the Best Stock in Its Sector? A Look at the Numbers
Download the Univest iOS App or Univest Android App to track Tenneco Clean Air India and other Automobile & Ancillaries sector stocks.
How to Track Tenneco Clean Air India Before You Invest
Before deciding whether Tenneco Clean Air India 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 Tenneco Clean Air India 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
Tenneco Clean Air India earns a place in the best stock in its sector conversation on the strength of a 50.41% ROE and a P/E of 31.57x against a 37.01x 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 Tenneco Clean Air India the best stock in its sector?
Ans. Tenneco Clean Air India has a 50.41% ROE and trades at 31.57x P/E against a 37.01x Industry P/E, and compares above the peer average ROE of 21.52% in this article’s named comparison, so the answer depends on what an investor is prioritising.
What is the current share price of Tenneco Clean Air India?
Ans. Tenneco Clean Air India was trading at Rs 473.85 on the NSE as of 09 October 2026, within its 52-week range of Rs 438.05 to Rs 657.00.
What sector does Tenneco Clean Air India belong to?
Ans. Tenneco Clean Air India is classified under the Automobile & Ancillaries sector on Univest.
How does Tenneco Clean Air India compare to its sector peers on P/E?
Ans. Tenneco Clean Air India’s P/E of 31.57x is above the 30.56x average of the 2 named peers compared in this article.
What is Tenneco Clean Air India’s return on equity?
Ans. Tenneco Clean Air India reported a return on equity of 50.41%, which is above the 21.52% average of its named peers in this comparison.
Should I invest in Tenneco Clean Air India based on its sector position?
Ans. Tenneco Clean Air India’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.
{“@context”: “https://schema.org”, “@type”: “FAQPage”, “mainEntity”: [{“@type”: “Question”, “name”: “Is Tenneco Clean Air India the best stock in its sector?”, “acceptedAnswer”: {“@type”: “Answer”, “text”: “Tenneco Clean Air India has a 50.41% ROE and trades at 31.57x P/E against a 37.01x Industry P/E, and compares above the peer average ROE of 21.52% in this article’s named comparison, so the answer depends on what an investor is prioritising.”}}, {“@type”: “Question”, “name”: “What is the current share price of Tenneco Clean Air India?”, “acceptedAnswer”: {“@type”: “Answer”, “text”: “Tenneco Clean Air India was trading at Rs 473.85 on the NSE as of 09 October 2026, within its 52-week range of Rs 438.05 to Rs 657.00.”}}, {“@type”: “Question”, “name”: “What sector does Tenneco Clean Air India belong to?”, “acceptedAnswer”: {“@type”: “Answer”, “text”: “Tenneco Clean Air India is classified under the Automobile & Ancillaries sector on Univest.”}}, {“@type”: “Question”, “name”: “How does Tenneco Clean Air India compare to its sector peers on P/E?”, “acceptedAnswer”: {“@type”: “Answer”, “text”: “Tenneco Clean Air India’s P/E of 31.57x is above the 30.56x average of the 2 named peers compared in this article.”}}, {“@type”: “Question”, “name”: “What is Tenneco Clean Air India’s return on equity?”, “acceptedAnswer”: {“@type”: “Answer”, “text”: “Tenneco Clean Air India reported a return on equity of 50.41%, which is above the 21.52% average of its named peers in this comparison.”}}, {“@type”: “Question”, “name”: “Should I invest in Tenneco Clean Air India based on its sector position?”, “acceptedAnswer”: {“@type”: “Answer”, “text”: “Tenneco Clean Air India’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.”}}]}
