Is JK Tyre and Industries the Best Stock in Its Sector? A Look at the Numbers

JK Tyre and Industries CMP Rs 343 (16 Sep 2026). Market cap Rs 9,959 Cr. ROE 14.59%. P/E 15.16x versus Industry P/E 20.10x.

Updated: 16 Sept 2026 • 11:28 am

Posted by:

Is JK Tyre and Industries the Best Stock in Its Sector? A Look at the Numbers

Quick Answer

JK Tyre and Industries is one of the names investors compare when screening the Automobile & Ancillaries sector, built on a 14.59% return on equity and a P/E of 15.16x against an Industry P/E of 20.10x. JK Tyre and Industries Ltd manufactures tyres for passenger vehicles, commercial vehicles and farm equipment, with manufacturing operations across India and Mexico. Whether JK Tyre and Industries 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 JK Tyre and Industries the best stock in its sector? The stock trades on the NSE at Rs 343 as of 16 September 2026, within its 52-week range of Rs 343.10 to Rs 611.90. JK Tyre and Industries Ltd manufactures tyres for passenger vehicles, commercial vehicles and farm equipment, with manufacturing operations across India and Mexico.

JK Tyre and Industries sits in the Automobile & Ancillaries sector, and its 14.59% ROE and 15.16x 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

Table of Contents

About JK Tyre and Industries

JK Tyre and Industries Ltd manufactures tyres for passenger vehicles, commercial vehicles and farm equipment, with manufacturing operations across India and Mexico. At a market capitalisation of Rs 9,959 Cr, it is tracked as part of the Automobile & Ancillaries sector on Univest.

Is JK Tyre and Industries the Best Stock in Its Sector?

JK Tyre and Industries makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, combining a 14.59% ROE with a 15.16x P/E against the sector's 20.10x Industry P/E. JK Tyre's 15.16x P/E is below the 20.10x Industry P/E, broadly in line with Jay Bharat Maruti's discount valuation, though its debt to equity of 0.81 is higher than most peers in this comparison.

Metric	JK Tyre and Industries
CMP (NSE)	Rs 343.20
52-Week High / Low	Rs 611.90 / Rs 343.10
Market Cap	Rs 9,959 Cr
P/E (TTM) vs Industry P/E	15.16x vs 20.10x
P/B	1.64
ROE	14.59%
EPS (TTM)	Rs 22.78
Dividend Yield	1.16%
Debt to Equity	0.81

Compare JK Tyre and Industries Against Other Automobile & Ancillaries Sector Stocks

How JK Tyre and Industries Compares Against Its Automobile & Ancillaries Sector Peers

The table below sets JK Tyre and Industries 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
JK Tyre and Industries	9,959	15.16	14.59%	0.81
Apollo Tyres	26,519	15.52	12.39%	0.22
Jay Bharat Maruti	1,222	8.84	20.06%	0.76
Atul Auto	1,241	25.21	8.74%	0.30
Peer average (3 companies)	-	16.52	13.73%	0.43

Against this peer set, JK Tyre and Industries's 14.59% ROE is above the 13.73% peer average, and its P/E of 15.16x runs below the peer average of 16.52x. JK Tyre's 15.16x P/E is below the 20.10x Industry P/E, broadly in line with Jay Bharat Maruti's discount valuation, though its debt to equity of 0.81 is higher than most peers in this comparison.

What Makes JK Tyre and Industries Worth Watching in Automobile & Ancillaries

Below Industry P/E: A 15.16x P/E against a 20.10x Industry P/E makes JK Tyre one of the more reasonably priced tyre makers.
Solid ROE: A 14.59% ROE compares reasonably within the tyre manufacturing peer set.
Cross-border manufacturing base: Operations in both India and Mexico give JK Tyre access to North American markets alongside its domestic business.

JK Tyre and Industries Valuation: Is It Justified?

JK Tyre's 15.16x P/E is below the 20.10x Industry P/E, broadly in line with Jay Bharat Maruti's discount valuation, though its debt to equity of 0.81 is higher than most peers in this comparison. 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 Bata India the Best Stock in Its Sector? A Look at the Numbers

Download the Univest iOS App or Univest Android App to track JK Tyre and Industries and other Automobile & Ancillaries sector stocks.

How to Track JK Tyre and Industries Before You Invest

Before deciding whether JK Tyre and Industries 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 JK Tyre and Industries 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

JK Tyre and Industries earns a place in the best stock in its sector conversation on the strength of a 14.59% ROE and a P/E of 15.16x against a 20.10x 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 JK Tyre and Industries the best stock in its sector?

Ans. JK Tyre and Industries has a 14.59% ROE and trades at 15.16x P/E against a 20.10x Industry P/E, and compares above the peer average ROE of 13.73% in this article's named comparison, so the answer depends on what an investor is prioritising.

What is the current share price of JK Tyre and Industries?

Ans. JK Tyre and Industries was trading at Rs 343.20 on the NSE as of 16 September 2026, within its 52-week range of Rs 343.10 to Rs 611.90.

What sector does JK Tyre and Industries belong to?

Ans. JK Tyre and Industries is classified under the Automobile & Ancillaries sector on Univest.

How does JK Tyre and Industries compare to its sector peers on P/E?

Ans. JK Tyre and Industries's P/E of 15.16x is below the 16.52x average of the 3 named peers compared in this article.

What is JK Tyre and Industries's return on equity?

Ans. JK Tyre and Industries reported a return on equity of 14.59%, which is above the 13.73% average of its named peers in this comparison.

Should I invest in JK Tyre and Industries based on its sector position?

Ans. JK Tyre and Industries'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.