{"id":201039,"date":"2026-08-13T11:34:33","date_gmt":"2026-08-13T06:04:33","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=201039"},"modified":"2026-08-13T11:34:34","modified_gmt":"2026-08-13T06:04:34","slug":"ashok-leyland-vs-ve-commercial-vehicles","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/ashok-leyland-vs-ve-commercial-vehicles\/","title":{"rendered":"Ashok Leyland vs VE Commercial Vehicles: Share Price, PE and ROE Compared"},"content":{"rendered":"
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Ashok Leyland MCap Rs 1,03,380 Cr, PE 23.63x, ROE 24.37%, Div 1.99%. VE Commercial Vehicles MCap approx Rs 15,000-20,000 Cr (data approximate).<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

Ashok Leyland and VE Commercial Vehicles (the Volvo-Eicher joint venture) are both listed commercial vehicle manufacturers. Ashok Leyland at Rs 1,03,380 Cr is a large-cap with ROE 24.37%, PE 23.63x and dividend yield of 1.99%. VE Commercial Vehicles is a mid-cap at approximately Rs 15,000-20,000 Cr. Both serve the heavy and medium commercial vehicle market in India.<\/p>\n<\/div>\n

The Ashok Leyland vs VE Commercial Vehicles question comes up often among investors who follow the Commercial vehicles space in India. Ashok Leyland MCap Rs 1,03,380 Cr, PE 23. 63x, ROE 24. This article goes through what each company does, their latest financial performance, and the key numbers that matter for anyone evaluating Ashok Leyland vs VE Commercial Vehicles as a research exercise.<\/p>\n

All data cited here is sourced from publicly available company filings. Note: VE Commercial Vehicles data is approximate. Verify the latest prices and fundamentals on NSE or BSE before acting on any information.<\/p>\n

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