Grasim Industries (NSE:GRASIM) EV-to-EBITDA: 17.79 (As of Aug. 13, 2026) — 82% Above Median

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NSE:GRASIM Grasim Industries Ltd NSE:GRASIM
80 GF Score
Price ₹3,307.80
GF Value ₹2,737.48
Valuation Modestly Overvalued
! 10 Warning Signs
View Full Analysis

What is Grasim Industries EV-to-EBITDA?

Grasim Industries NSE:GRASIM -0.43% 80 EV-to-EBITDA is 17.79 as of Aug. 13, 2026, which is 82% above its 10-year median of 9.79. GuruFocus rates NSE:GRASIM with a GF Score™ of 80/100 and a GF Value™ of ₹2,737.48 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 349 Building Materials companies, Grasim Industries ranks worse than 78.51% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Grasim Industries's enterprise value is ₹4,868,363 Mil. Grasim Industries's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹273,688 Mil. Therefore, Grasim Industries's EV-to-EBITDA for today is 17.79.

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

NSE:GRASIM' s EV-to-EBITDA Range Over the Past 10 Years
Min: 2.7   Med: 9.79   Max: 24.73
Current: 18.91

During the past 13 years, the highest EV-to-EBITDA of Grasim Industries was 24.73. The lowest was 2.70. And the median was 9.79.

NSE:GRASIM's EV-to-EBITDA is ranked worse than
78.51% of 349 companies
in the Building Materials industry
Industry Median: 9.1 vs NSE:GRASIM: 18.91

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 (2026-08-13), Grasim Industries's stock price is ₹3307.80. Grasim Industries's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹83.850. Therefore, Grasim Industries's PE Ratio (TTM) for today is 39.45.

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


Grasim Industries  (NSE:GRASIM) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=3307.80/83.850
=39.45

Grasim Industries's share price for today is ₹3307.80.
Grasim 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 ₹83.850.

* 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?


Grasim Industries EV-to-EBITDA Related Terms


Grasim Industries EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Grasim 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.

Grasim Industries EV-to-EBITDA Chart

Grasim 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 11.26 11.33 15.51 19.73 17.01

Grasim 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 8.83 18.25 7.88 17.01 0.00

NSE:GRASIM vs CRH, VMC, MLM: EV-to-EBITDA Comparison

For the Building Materials subindustry, Grasim 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.


Grasim Industries EV-to-EBITDA vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Grasim Industries's EV-to-EBITDA distribution charts can be found below:

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


NSE:GRASIM
80GF Score
Grasim Industries Ltd NSE:GRASIM
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grasim Industries EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=4868362.770/273688.1
=17.79

Grasim Industries's current Enterprise Value is ₹4,868,363 Mil.
Grasim 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 ₹273,688 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 17.79 mean?
Grasim Industries (NSE:GRASIM) has a EV-to-EBITDA of 17.79 as of Aug. 13, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Grasim Industries. This is 82% above median its historical median of 9.79. Over the past decade, Grasim Industries' EV-to-EBITDA has ranged from 2.70 to 24.73. According to the industry distribution chart, Grasim Industries ranks #274 out of 349 companies in the Building Materials industry, placing it in the top 78.5%.
Is Grasim Industries' EV-to-EBITDA too high?
Grasim Industries' current EV-to-EBITDA of 17.79 is 82% above median its 10-year median of 9.79. Over the past 10 years, this metric has ranged from a low of 2.70 to a high of 24.73. The Building Materials industry median EV-to-EBITDA is 9.10. Grasim Industries' value of 17.79 is 95.5% above this industry median. Based on the distribution chart, Grasim Industries ranks #274 out of 349 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Grasim Industries has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grasim Industries' EV-to-EBITDA compare to CRH and VMC?
According to the Building Materials industry distribution chart, Grasim Industries ranks #274 out of 349 companies for EV-to-EBITDA. This places Grasim Industries in the lower half of its industry. The industry median EV-to-EBITDA is 9.10. Grasim Industries' value of 17.79 is 95.5% above this benchmark. Historically, Grasim Industries' own EV-to-EBITDA has ranged from 2.70 to 24.73 over the past decade. While the company's 10-year median is 9.79 vs. the industry median of 9.10, Grasim 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 Building Materials company?
The median EV-to-EBITDA among Building Materials companies is 9.10, based on 349 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. Grasim Industries's current EV-to-EBITDA of 17.79 is 95.5% 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 Grasim Industries. For the Building Materials industry, the median EV-to-EBITDA is 9.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grasim Industries's current EV-to-EBITDA is 17.79, which is 82% above median its own 10-year median of 9.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grasim Industries stock overvalued right now?
Based on GuruFocus' analysis, Grasim Industries (NSE:GRASIM) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹2,737.48, compared to a current price of ₹3,307.80 — trading 20.8% above its estimated fair value. The current EV-to-EBITDA is 17.79, which is 82% above median its 10-year median of 9.79 and 95.5% above the Building Materials industry median of 9.10. Grasim Industries' overall GF Score™ is 80/100 with 10 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 Grasim Industries (NSE:GRASIM), the current EV-to-EBITDA is 17.79 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 Grasim Industries (NSE:GRASIM) Overvalued in 2026?

Based on GuruFocus' analysis, Grasim Industries stock appears to be overvalued. The current stock price of ₹3,307.80 is trading 20.8% above its estimated GF Value™ of ₹2,737.48. GuruFocus considers Grasim Industries to be Modestly Overvalued.

Key valuation signals for NSE:GRASIM:

  • EV-to-EBITDA: 17.79 (82% above median its 10-year median of 9.79)
  • GF Value™: ₹2,737.48 vs. price of ₹3,307.80 (20.8% above fair value)
  • GF Score™: 80/100 with 10 warning signs
  • Industry Position: 95.5% above the Building Materials median (#274 of 349)

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


Grasim Industries Business Description

Other Exchanges 500300:India
Address Sudam Kalu Ahire Marg, A Wing, 2nd Floor, Aditya Birla Centre, Worli, Mumbai, MH, IND, 400030
Grasim Industries Ltd is a cement and viscose staple fibre (VSF) manufacturing firm based in India. The activities of the group fall under the operating segments of Cellulosic Fibres, Chemicals, Building materials, Financial Services, and Others. It derives key revenue from the Building materials segment which covers products like grey cement, paints, white cement, and allied products. Geographically, the company derives a majority of its revenue from the domestic market and the rest from other countries through exports.
80GF Score

Get the complete analysis for NSE:GRASIM

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

₹3,307.80
Price
₹2,737.48
GF Value