Is ASK Automotive the Best Stock in Its Sector? A Look at the Numbers
- September 23, 2026
- Posted by: Harsh Piplani
- Category: Market
ASK Automotive CMP Rs 663 (23 Sep 2026). Market cap Rs 13,080 Cr. ROE 22.68%. P/E 41.34x versus Industry P/E 38.66x.
Quick Answer
ASK Automotive is one of the names investors compare when screening the Automobile & Ancillaries sector, built on a 22.68% return on equity and a P/E of 41.34x against an Industry P/E of 38.66x. Whether ASK Automotive 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 ASK Automotive the best stock in its sector? The stock trades on the NSE at Rs 663 as of 23 September 2026, within its 52-week range of Rs 375.30 to Rs 687.70. ASK Automotive Ltd manufactures braking systems and aluminium alloy wheels for two-wheeler manufacturers.
ASK Automotive sits in the Automobile & Ancillaries sector, and its 22.68% ROE and 41.34x 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.
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About ASK Automotive
ASK Automotive Ltd manufactures braking systems and aluminium alloy wheels for two-wheeler manufacturers. It manufactures braking systems and aluminium alloy wheels for two-wheelers, supplying most major Indian two-wheeler manufacturers. At a market capitalisation of Rs 13,080 Cr, it is tracked as part of the Automobile & Ancillaries sector on Univest.
Is ASK Automotive the Best Stock in Its Sector?
ASK Automotive makes its case as the best stock in its sector primarily on return on equity and balance sheet strength, combining a 22.68% ROE with a 41.34x P/E against the sector’s 38.66x Industry P/E. ASK Automotive trades close to its 38.66x Industry P/E, with a 22.68% ROE that is the strongest among the auto ancillary peers used elsewhere in this series, suggesting the market has largely, though not fully, priced in that quality.
| Metric | ASK Automotive |
|---|---|
| CMP (NSE) | Rs 663.40 |
| 52-Week High / Low | Rs 687.70 / Rs 375.30 |
| Market Cap | Rs 13,080 Cr |
| P/E (TTM) vs Industry P/E | 41.34x vs 38.66x |
| P/B | 9.98 |
| ROE | 22.68% |
| EPS (TTM) | Rs 16.05 |
| Dividend Yield | 0.28% |
| Debt to Equity | 0.52 |
Compare ASK Automotive Against Other Automobile & Ancillaries Sector Stocks
How ASK Automotive Compares Against Its Automobile & Ancillaries Sector Peers
The table below sets ASK Automotive against 3 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 3 peer companies.
| Company | Market Cap (Rs Cr) | P/E | ROE | Debt to Equity |
|---|---|---|---|---|
| ASK Automotive | 13,080 | 41.34 | 22.68% | 0.52 |
| Motherson Sumi Wiring India | 23,251 | 36.91 | 28.92% | 0.11 |
| UNO Minda | 67,073 | 51.97 | 17.53% | 0.40 |
| Sundram Fasteners | 26,008 | 42.39 | 13.83% | 0.15 |
| Peer average (3 companies) | – | 43.76 | 20.09% | 0.22 |
Against this peer set, ASK Automotive’s 22.68% ROE is above the 20.09% peer average, and its P/E of 41.34x runs below the peer average of 43.76x. ASK Automotive trades close to its 38.66x Industry P/E, with a 22.68% ROE that is the strongest among the auto ancillary peers used elsewhere in this series, suggesting the market has largely, though not fully, priced in that quality.
What Makes ASK Automotive Worth Watching in Automobile & Ancillaries
- Strong ROE: A 22.68% ROE is among the strongest in the auto ancillary names covered in this series.
- Broad two-wheeler OEM base: Supplying braking systems and alloy wheels to most major two-wheeler makers reduces ASK Automotive’s dependence on any single customer.
- Close to Industry P/E: A 41.34x P/E versus a 38.66x Industry P/E shows the stock trading close to sector norms despite its strong ROE.
ASK Automotive Valuation: Is It Justified?
ASK Automotive trades close to its 38.66x Industry P/E, with a 22.68% ROE that is the strongest among the auto ancillary peers used elsewhere in this series, suggesting the market has largely, though not fully, priced in that quality. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.
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Download the Univest iOS App or Univest Android App to track ASK Automotive and other Automobile & Ancillaries sector stocks.
How to Track ASK Automotive Before You Invest
Before deciding whether ASK Automotive 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 ASK Automotive 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
ASK Automotive earns a place in the best stock in its sector conversation on the strength of a 22.68% ROE and a P/E of 41.34x against a 38.66x 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 ASK Automotive the best stock in its sector?
Ans. ASK Automotive has a 22.68% ROE and trades at 41.34x P/E against a 38.66x Industry P/E, and compares above the peer average ROE of 20.09% in this article’s named comparison, so the answer depends on what an investor is prioritising.
What is the current share price of ASK Automotive?
Ans. ASK Automotive was trading at Rs 663.40 on the NSE as of 23 September 2026, within its 52-week range of Rs 375.30 to Rs 687.70.
What sector does ASK Automotive belong to?
Ans. ASK Automotive is classified under the Automobile & Ancillaries sector on Univest.
How does ASK Automotive compare to its sector peers on P/E?
Ans. ASK Automotive’s P/E of 41.34x is below the 43.76x average of the 3 named peers compared in this article.
What is ASK Automotive’s return on equity?
Ans. ASK Automotive reported a return on equity of 22.68%, which is above the 20.09% average of its named peers in this comparison.
Should I invest in ASK Automotive based on its sector position?
Ans. ASK Automotive’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.
