Balkrishna Industries (NSE:BALKRISIND) EV-to-EBITDA: 16.71 (As of Sep. 21, 2026) — Near Median

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NSE:BALKRISIND Balkrishna Industries Ltd NSE:BALKRISIND
96 GF Score
Price ₹2,265.30
GF Value ₹3,078.31
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Balkrishna Industries EV-to-EBITDA?

Balkrishna Industries NSE:BALKRISIND +4.35% 96 EV-to-EBITDA is 16.71 as of Sep. 21, 2026, which is 6% below its 10-year median of 17.71. GuruFocus rates NSE:BALKRISIND with a GF Score™ of 96/100 and a GF Value™ of ₹3,078.31 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,183 Vehicles & Parts companies, Balkrishna Industries ranks worse than 76.42% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Balkrishna Industries's enterprise value is ₹465,146 Mil. Balkrishna Industries's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹27,830 Mil. Therefore, Balkrishna Industries's EV-to-EBITDA for today is 16.71.

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

NSE:BALKRISIND' s EV-to-EBITDA Range Over the Past 10 Years
Min: 9.53   Med: 17.71   Max: 60.76
Current: 16.71

During the past 13 years, the highest EV-to-EBITDA of Balkrishna Industries was 60.76. The lowest was 9.53. And the median was 17.71.

NSE:BALKRISIND's EV-to-EBITDA is ranked worse than
76.42% of 1183 companies
in the Vehicles & Parts industry
Industry Median: 8.51 vs NSE:BALKRISIND: 16.71

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), Balkrishna Industries's stock price is ₹2265.30. Balkrishna Industries's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹72.708. Therefore, Balkrishna Industries's PE Ratio (TTM) for today is 31.16.

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


Balkrishna Industries  (NSE:BALKRISIND) 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.

Balkrishna Industries's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2265.30/72.708
=31.16

Balkrishna Industries's share price for today is ₹2265.30.
Balkrishna Industries'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 ₹72.708.

* 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?


Balkrishna Industries EV-to-EBITDA Related Terms


Balkrishna Industries EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Balkrishna Industries'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.

Balkrishna Industries EV-to-EBITDA Chart

Balkrishna Industries 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 17.64 19.63 17.26 17.04 16.99

Balkrishna Industries 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 - 17.26 - 16.84 -

NSE:BALKRISIND vs ORLY, AZO, GPC: EV-to-EBITDA Comparison

For the Auto Parts subindustry, Balkrishna Industries'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.


Balkrishna Industries EV-to-EBITDA vs Vehicles & Parts Industry

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

* The bar in red indicates where Balkrishna Industries's EV-to-EBITDA falls into.


NSE:BALKRISIND
96GF Score
Balkrishna Industries Ltd NSE:BALKRISIND
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Balkrishna Industries EV-to-EBITDA Calculation

Balkrishna Industries's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=465145.631/27829.9
=16.71

Balkrishna Industries's current Enterprise Value is ₹465,146 Mil.
Balkrishna Industries'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 ₹27,830 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 16.71 mean?
Balkrishna Industries (NSE:BALKRISIND) has a EV-to-EBITDA of 16.71 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 Balkrishna Industries. This is near median its historical median of 17.71. Over the past decade, Balkrishna Industries' EV-to-EBITDA has ranged from 9.53 to 60.76. According to the industry distribution chart, Balkrishna Industries ranks #904 out of 1183 companies in the Vehicles & Parts industry, placing it in the top 76.4%.
Is Balkrishna Industries' EV-to-EBITDA too high?
Balkrishna Industries' current EV-to-EBITDA of 16.71 is near median its 10-year median of 17.71. Over the past 10 years, this metric has ranged from a low of 9.53 to a high of 60.76. The Vehicles & Parts industry median EV-to-EBITDA is 8.51. Balkrishna Industries' value of 16.71 is 96.4% above this industry median. Based on the distribution chart, Balkrishna Industries ranks #904 out of 1183 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Balkrishna Industries has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Balkrishna Industries' EV-to-EBITDA compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Balkrishna Industries ranks #904 out of 1183 companies for EV-to-EBITDA. This places Balkrishna Industries in the lower half of its industry. The industry median EV-to-EBITDA is 8.51. Balkrishna Industries' value of 16.71 is 96.4% above this benchmark. Historically, Balkrishna Industries' own EV-to-EBITDA has ranged from 9.53 to 60.76 over the past decade. While the company's 10-year median is 17.71 vs. the industry median of 8.51, Balkrishna Industries 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. Balkrishna Industries's current EV-to-EBITDA of 16.71 is 96.4% 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 Balkrishna Industries. 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. Balkrishna Industries's current EV-to-EBITDA is 16.71, which is near median its own 10-year median of 17.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balkrishna Industries stock overvalued right now?
Based on GuruFocus' analysis, Balkrishna Industries (NSE:BALKRISIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹3,078.31, compared to a current price of ₹2,265.30 — trading 26.4% below its estimated fair value. The current EV-to-EBITDA is 16.71, which is near median its 10-year median of 17.71 and 96.4% above the Vehicles & Parts industry median of 8.51. Balkrishna Industries' overall GF Score™ is 96/100 with 3 warning signs 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 Balkrishna Industries (NSE:BALKRISIND), the current EV-to-EBITDA is 16.71 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 Balkrishna Industries (NSE:BALKRISIND) Overvalued in 2026?

Based on GuruFocus' analysis, Balkrishna Industries stock appears to be undervalued. The current stock price of ₹2,265.30 is trading 26.4% below its estimated GF Value™ of ₹3,078.31. GuruFocus considers Balkrishna Industries to be Modestly Undervalued.

Key valuation signals for NSE:BALKRISIND:

  • EV-to-EBITDA: 16.71 (near median its 10-year median of 17.71)
  • GF Value™: ₹3,078.31 vs. price of ₹2,265.30 (26.4% below fair value)
  • GF Score™: 96/100 with 3 warning signs
  • Industry Position: 96.4% above the Vehicles & Parts median (#904 of 1183)

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


Balkrishna Industries Business Description

Other Exchanges 502355:India
Address Senapati Bapat Marg, BKT House, C/15, Trade World, Kamala Mills Compound, Lower Parel, Mumbai, MH, IND, 400013
Balkrishna Industries Ltd is engaged mainly in the business of manufacturing and selling of Off-Highway Tires (OHT) in the specialist segments such as Agricultural, Industrial & Construction, Earthmovers & Port, Mining, Forestry, Lawn & Garden, and All Terrain Vehicles (ATV). The majority of the group's revenue is derived from international markets like Europe, North America, and other regions, and the rest from its business in India.
96GF Score

Get the complete analysis for NSE:BALKRISIND

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

₹2,265.30
Price
₹3,078.31
GF Value