Maruti Suzuki India (BOM:532500) EV-to-EBITDA: 14.25 (As of Sep. 21, 2026) — 25% Below Median

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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:532500 Maruti Suzuki India Ltd BOM:532500
90 GF Score
Price ₹12,145.00
GF Value ₹16,626.71
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Maruti Suzuki India EV-to-EBITDA?

Maruti Suzuki India BOM:532500 -1.98% 90 EV-to-EBITDA is 14.25 as of Sep. 21, 2026, which is 25% below its 10-year median of 19.11. GuruFocus rates BOM:532500 with a GF Score™ of 90/100 and a GF Value™ of ₹16,626.71 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,183 Vehicles & Parts companies, Maruti Suzuki India ranks worse than 71.6% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Maruti Suzuki India's enterprise value is ₹3,632,990 Mil. Maruti Suzuki India's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹254,899 Mil. Therefore, Maruti Suzuki India's EV-to-EBITDA for today is 14.25.

The historical rank and industry rank for Maruti Suzuki India's EV-to-EBITDA or its related term are showing as below:

BOM:532500' s EV-to-EBITDA Range Over the Past 10 Years
Min: 11.16   Med: 19.11   Max: 77.77
Current: 14.05

During the past 13 years, the highest EV-to-EBITDA of Maruti Suzuki India was 77.77. The lowest was 11.16. And the median was 19.11.

BOM:532500's EV-to-EBITDA is ranked worse than
71.6% of 1183 companies
in the Vehicles & Parts industry
Industry Median: 8.51 vs BOM:532500: 14.05

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-09-21), Maruti Suzuki India's stock price is ₹12145.00. Maruti Suzuki India's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹455.912. Therefore, Maruti Suzuki India's PE Ratio (TTM) for today is 26.64.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Maruti Suzuki India  (BOM:532500) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Maruti Suzuki India's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=12145.00/455.912
=26.64

Maruti Suzuki India's share price for today is ₹12145.00.
Maruti Suzuki India's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹455.912.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Maruti Suzuki India EV-to-EBITDA Related Terms


Maruti Suzuki India EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Maruti Suzuki India's EV-to-EBITDA 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.

Maruti Suzuki India EV-to-EBITDA Chart

Maruti Suzuki India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.98 16.87 17.20 13.98 14.39

Maruti Suzuki India Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 19.92 - 14.33 -

BOM:532500 vs TSLA, GM, F: EV-to-EBITDA Comparison

For the Auto Manufacturers subindustry, Maruti Suzuki India's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Maruti Suzuki India EV-to-EBITDA vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Maruti Suzuki India's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Maruti Suzuki India's EV-to-EBITDA falls into.


BOM:532500
90GF Score
Maruti Suzuki India Ltd BOM:532500
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maruti Suzuki India EV-to-EBITDA Calculation

Maruti Suzuki India's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=3632990.353/254899
=14.25

Maruti Suzuki India's current Enterprise Value is ₹3,632,990 Mil.
Maruti Suzuki India's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹254,899 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 14.25 mean?
Maruti Suzuki India (BOM:532500) has a EV-to-EBITDA of 14.25 as of Sep. 21, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Maruti Suzuki India. This is 25% below median its historical median of 19.11. Over the past decade, Maruti Suzuki India's EV-to-EBITDA has ranged from 11.16 to 77.77. According to the industry distribution chart, Maruti Suzuki India ranks #847 out of 1183 companies in the Vehicles & Parts industry, placing it in the top 71.6%.
Is Maruti Suzuki India's EV-to-EBITDA too high?
Maruti Suzuki India's current EV-to-EBITDA of 14.25 is 25% below median its 10-year median of 19.11. Over the past 10 years, this metric has ranged from a low of 11.16 to a high of 77.77. The Vehicles & Parts industry median EV-to-EBITDA is 8.51. Maruti Suzuki India's value of 14.25 is 67.5% above this industry median. Based on the distribution chart, Maruti Suzuki India ranks #847 out of 1183 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Maruti Suzuki India has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Maruti Suzuki India's EV-to-EBITDA compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Maruti Suzuki India ranks #847 out of 1183 companies for EV-to-EBITDA. This places Maruti Suzuki India in the lower half of its industry. The industry median EV-to-EBITDA is 8.51. Maruti Suzuki India's value of 14.25 is 67.5% above this benchmark. Historically, Maruti Suzuki India's own EV-to-EBITDA has ranged from 11.16 to 77.77 over the past decade. While the company's 10-year median is 19.11 vs. the industry median of 8.51, Maruti Suzuki India 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-EBITDA for a Vehicles & Parts company?
The median EV-to-EBITDA among Vehicles & Parts companies is 8.51, based on 1,183 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Maruti Suzuki India's current EV-to-EBITDA of 14.25 is 67.5% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Maruti Suzuki India. For the Vehicles & Parts industry, the median EV-to-EBITDA is 8.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maruti Suzuki India's current EV-to-EBITDA is 14.25, which is 25% below median its own 10-year median of 19.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruti Suzuki India stock overvalued right now?
Based on GuruFocus' analysis, Maruti Suzuki India (BOM:532500) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹16,626.71, compared to a current price of ₹12,145.00 — trading 27% below its estimated fair value. The current EV-to-EBITDA is 14.25, which is 25% below median its 10-year median of 19.11 and 67.5% above the Vehicles & Parts industry median of 8.51. Maruti Suzuki India's overall GF Score™ is 90/100 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Maruti Suzuki India (BOM:532500), the current EV-to-EBITDA is 14.25 as of Sep. 21, 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 Maruti Suzuki India (BOM:532500) Overvalued in 2026?

Based on GuruFocus' analysis, Maruti Suzuki India stock appears to be undervalued. The current stock price of ₹12,145.00 is trading 27% below its estimated GF Value™ of ₹16,626.71. GuruFocus considers Maruti Suzuki India to be Modestly Undervalued.

Key valuation signals for BOM:532500:

  • EV-to-EBITDA: 14.25 (25% below median its 10-year median of 19.11)
  • GF Value™: ₹16,626.71 vs. price of ₹12,145.00 (27% below fair value)
  • GF Score™: 90/100 with 1 warning sign
  • Industry Position: 67.5% above the Vehicles & Parts median (#847 of 1183)

No single metric tells the full story. See the BOM:532500 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maruti Suzuki India Business Description

Other Exchanges MARUTI:India
Address 1, Nelson Mandela Road, Vasant Kunj, New Delhi, IND, 110070
Maruti Suzuki India Ltd, a subsidiary of Suzuki Motor Corp. The company is engaged in the manufacturing, purchase, and sale of motor vehicles, components, and spare parts. Its other activities include the facilitation of pre-owned car sales, fleet management, and car financing. The company manufactures various types of passenger vehicles and light commercial vehicles for its customers belonging to different income categories. Some of the vehicles manufactured by it are: WagonR, Dzire, Ertiga, Fronx (SUV), and others. Geographically, the company generates a majority of its revenue from its business in India and also engages in exports of its products to countries like Chile, Saudi Arabia, South Africa, Japan, Mexico, and others.
90GF Score

Get the complete analysis for BOM:532500

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹12,145.00
Price
₹16,626.71
GF Value