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Ashok LeylandNSE:ASHOKLEY -0.27%82 EV-to-EBIT is 15.74 as of Aug. 13, 2026, which is 13% above its 10-year median of 13.89. GuruFocus rates NSE:ASHOKLEY with a GF Score™ of 82/100 and a GF Value™ of ₹126.56 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 175 Farm & Heavy Construction Machinery companies, Ashok Leyland ranks worse than 58.29% on this metric.
The historical rank and industry rank for Ashok Leyland's EV-to-EBIT or its related term are showing as below:
NSE:ASHOKLEY'
s EV-to-EBIT Range Over the Past 10 Years
Min: 3.85 Med: 13.89 Max: 41.55
Current: 15.74
During the past 13 years, the highest EV-to-EBIT of Ashok Leyland was 41.55. The lowest was 3.85. And the median was 13.89.
NSE:ASHOKLEY's EV-to-EBIT is ranked worse than 58.29% of 175
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 13.28
vs NSE:ASHOKLEY: 15.74
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Ashok Leyland's Enterprise Value for the quarter that ended in Mar. 2026 was ₹1,417,682 Mil.
Ashok Leyland's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹98,594 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ashok Leyland EV-to-EBIT Related Terms
Ashok Leyland EV-to-EBIT Historical Data
* Premium members only.
The historical data trend for Ashok Leyland's EV-to-EBIT can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:ASHOKLEY vs CAT, DE, PCAR: EV-to-EBIT Comparison
For the Farm & Heavy Construction Machinery subindustry, Ashok Leyland's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ashok Leyland EV-to-EBIT vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Ashok Leyland's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Ashok Leyland's EV-to-EBIT falls into.
Ashok Leyland's current Enterprise Value is ₹1,552,017 Mil.
Ashok Leyland's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹98,594 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ashok Leyland (NSE:ASHOKLEY) has a EV-to-EBIT of 15.74 as of Aug. 13, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Ashok Leyland and its competitors. This is 13% above median its historical median of 13.89. Over the past decade, Ashok Leyland's EV-to-EBIT has ranged from 3.85 to 41.55. According to the industry distribution chart, Ashok Leyland ranks #102 out of 175 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 58.3%.
Is Ashok Leyland's EV-to-EBIT too high?
Ashok Leyland's current EV-to-EBIT of 15.74 is 13% above median its 10-year median of 13.89. Over the past 10 years, this metric has ranged from a low of 3.85 to a high of 41.55. The Farm & Heavy Construction Machinery industry median EV-to-EBIT is 13.28. Ashok Leyland's value of 15.74 is 18.5% above this industry median. Based on the distribution chart, Ashok Leyland ranks #102 out of 175 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Ashok Leyland has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ashok Leyland's EV-to-EBIT compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Ashok Leyland ranks #102 out of 175 companies for EV-to-EBIT. This places Ashok Leyland in the lower half of its industry. The industry median EV-to-EBIT is 13.28. Ashok Leyland's value of 15.74 is 18.5% above this benchmark. Historically, Ashok Leyland's own EV-to-EBIT has ranged from 3.85 to 41.55 over the past decade. While the company's 10-year median is 13.89 vs. the industry median of 13.28, Ashok Leyland has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Farm & Heavy Construction Machinery company?
The median EV-to-EBIT among Farm & Heavy Construction Machinery companies is 13.28, based on 175 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ashok Leyland's current EV-to-EBIT of 15.74 is 18.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Ashok Leyland and its competitors. For the Farm & Heavy Construction Machinery industry, the median EV-to-EBIT is 13.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashok Leyland's current EV-to-EBIT is 15.74, which is 13% above median its own 10-year median of 13.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashok Leyland stock overvalued right now?
Based on GuruFocus' analysis, Ashok Leyland (NSE:ASHOKLEY) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹126.56, compared to a current price of ₹176.23 — trading 39.2% above its estimated fair value. The current EV-to-EBIT is 15.74, which is 13% above median its 10-year median of 13.89 and 18.5% above the Farm & Heavy Construction Machinery industry median of 13.28. Ashok Leyland's overall GF Score™ is 82/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Ashok Leyland (NSE:ASHOKLEY), the current EV-to-EBIT is 15.74 as of Aug. 13, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ashok Leyland (NSE:ASHOKLEY) Overvalued in 2026?
Based on GuruFocus' analysis, Ashok Leyland stock appears to be overvalued.
The current stock price of ₹176.23 is trading 39.2% above its estimated GF Value™ of ₹126.56.
GuruFocus considers Ashok Leyland to be Significantly Overvalued.
Key valuation signals for NSE:ASHOKLEY:
EV-to-EBIT: 15.74 (13% above median its 10-year median of 13.89)
GF Value™: ₹126.56 vs. price of ₹176.23 (39.2% above fair value)
Industry Position: 18.5% above the Farm & Heavy Construction Machinery median (#102 of 175)
No single metric tells the full story. See the NSE:ASHOKLEY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ashok Leyland Ltd is an automobile manufacturing company. The company manufactures commercial vehicles, engines, spare parts, and accessories, with the vast majority of revenue being derived from commercial vehicle sales. It produces and sells vehicles across different categories such as Trucks, Buses, Light Commercial Vehicles, and Defence. The company's operating segments are; Commercial vehicles, and Financial services. Geographically, it derives the majority revenue within India and the rest from other markets.
82GF Score
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