{"id":218180,"date":"2026-08-25T11:29:51","date_gmt":"2026-08-25T05:59:51","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=218180"},"modified":"2026-08-25T11:29:54","modified_gmt":"2026-08-25T05:59:54","slug":"undervalued-tyre-stocks-india","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/undervalued-tyre-stocks-india\/","title":{"rendered":"3 Strong Undervalued Tyre Stocks in India to Watch in August 2026"},"content":{"rendered":"
<\/div>\n

3 strong undervalued tyre stocks in India: Apollo Tyres at PE 16.57, JK Tyre at PE 16.80, MRF at PE 23.55. Tyre sector PE is 21.20.<\/em><\/p>\n

\n

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

Three strong undervalued tyre stocks in India stand out right now: Apollo Tyres, JK Tyre and Industries, and MRF. The tyre sector PE stands at 21.20, and Apollo Tyres and JK Tyre both trade well below this at PEs of 16.57 and 16.80 respectively. MRF, while trading at a slight premium to the sector at PE 23.55, remains well below historical market multiples for India’s most recognised tyre brand. All three names benefit from rising vehicle sales across passenger cars, commercial vehicles, and two-wheelers.<\/p>\n<\/div>\n

India’s tyre sector has benefited from strong domestic vehicle sales growth across all categories, alongside a growing replacement tyre market as India’s vehicle fleet expands. The sector has moderate capital intensity, with raw material costs, particularly natural rubber and crude-linked synthetic rubber, being the primary margin lever.<\/p>\n

Apollo Tyres, JK Tyre, and MRF are the three names that stand out for investors looking at undervalued tyre stocks in India. This article breaks down the numbers behind each undervalued tyre stock and the vehicle demand story supporting their case.<\/p>\n

Click Here – Get Free Investment Predictions<\/strong><\/a><\/p>\n

\n
\n

Table of Contents<\/p>\nToggle<\/span><\/path><\/svg><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n