Tata Motors Passenger Vehicles (NSE:TMPV) EV-to-EBITDA: 8.46 (As of Aug. 19, 2026) — 138% Above Median

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NSE:TMPV Tata Motors Passenger Vehicles Ltd NSE:TMPV
70 GF Score
Price ₹322.80
GF Value ₹351.37
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Tata Motors Passenger Vehicles EV-to-EBITDA?

Tata Motors Passenger Vehicles NSE:TMPV -2.24% 70 EV-to-EBITDA is 8.46 as of Aug. 19, 2026, which is 138% above its 10-year median of 3.55. GuruFocus rates NSE:TMPV with a GF Score™ of 70/100 and a GF Value™ of ₹351.37 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,156 Vehicles & Parts companies, Tata Motors Passenger Vehicles ranks better than 53.72% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Tata Motors Passenger Vehicles's enterprise value is ₹1,592,247 Mil. Tata Motors Passenger Vehicles's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹188,300 Mil. Therefore, Tata Motors Passenger Vehicles's EV-to-EBITDA for today is 8.46.

The historical rank and industry rank for Tata Motors Passenger Vehicles's EV-to-EBITDA or its related term are showing as below:

NSE:TMPV' s EV-to-EBITDA Range Over the Past 10 Years
Min: 0.63   Med: 3.55   Max: 8.9
Current: 8.46

During the past 13 years, the highest EV-to-EBITDA of Tata Motors Passenger Vehicles was 8.90. The lowest was 0.63. And the median was 3.55.

NSE:TMPV's EV-to-EBITDA is ranked better than
53.72% of 1156 companies
in the Vehicles & Parts industry
Industry Median: 9.505 vs NSE:TMPV: 8.46

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 (2026-08-19), Tata Motors Passenger Vehicles's stock price is ₹322.80. Tata Motors Passenger Vehicles's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹-9.170. Therefore, Tata Motors Passenger Vehicles's PE Ratio (TTM) for today is At Loss.

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


Tata Motors Passenger Vehicles  (NSE:TMPV) 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.

Tata Motors Passenger Vehicles's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=322.80/-9.170
=At Loss

Tata Motors Passenger Vehicles's share price for today is ₹322.80.
Tata Motors Passenger Vehicles'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 ₹-9.170.

* 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?


Tata Motors Passenger Vehicles EV-to-EBITDA Related Terms


Tata Motors Passenger Vehicles EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Tata Motors Passenger Vehicles'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.

Tata Motors Passenger Vehicles EV-to-EBITDA Chart

Tata Motors Passenger Vehicles 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 6.32 4.50 3.92 2.47 6.96

Tata Motors Passenger Vehicles 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 2.64 4.13 5.81 6.96 6.89

NSE:TMPV vs TSLA, GM, F: EV-to-EBITDA Comparison

For the Auto Manufacturers subindustry, Tata Motors Passenger Vehicles'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.


Tata Motors Passenger Vehicles EV-to-EBITDA vs Vehicles & Parts Industry

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

* The bar in red indicates where Tata Motors Passenger Vehicles's EV-to-EBITDA falls into.


NSE:TMPV
70GF Score
Tata Motors Passenger Vehicles Ltd NSE:TMPV
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tata Motors Passenger Vehicles EV-to-EBITDA Calculation

Tata Motors Passenger Vehicles's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1592247.390/188300
=8.46

Tata Motors Passenger Vehicles's current Enterprise Value is ₹1,592,247 Mil.
Tata Motors Passenger Vehicles'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 ₹188,300 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 8.46 mean?
Tata Motors Passenger Vehicles (NSE:TMPV) has a EV-to-EBITDA of 8.46 as of Aug. 19, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Tata Motors Passenger Vehicles. This is 138% above median its historical median of 3.55. Over the past decade, Tata Motors Passenger Vehicles' EV-to-EBITDA has ranged from 0.63 to 8.90. According to the industry distribution chart, Tata Motors Passenger Vehicles ranks #535 out of 1156 companies in the Vehicles & Parts industry, placing it in the top 46.3%.
Is Tata Motors Passenger Vehicles' EV-to-EBITDA too high?
Tata Motors Passenger Vehicles' current EV-to-EBITDA of 8.46 is 138% above median its 10-year median of 3.55. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 8.90. The Vehicles & Parts industry median EV-to-EBITDA is 9.51. Tata Motors Passenger Vehicles' value of 8.46 is 11% below this industry median. Based on the distribution chart, Tata Motors Passenger Vehicles ranks #535 out of 1156 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Tata Motors Passenger Vehicles has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tata Motors Passenger Vehicles' EV-to-EBITDA compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Tata Motors Passenger Vehicles ranks #535 out of 1156 companies for EV-to-EBITDA. This puts Tata Motors Passenger Vehicles in the upper half of its industry. The industry median EV-to-EBITDA is 9.51. Tata Motors Passenger Vehicles' value of 8.46 is 11% below this benchmark. Historically, Tata Motors Passenger Vehicles' own EV-to-EBITDA has ranged from 0.63 to 8.90 over the past decade. While the company's 10-year median is 3.55 vs. the industry median of 9.51, Tata Motors Passenger Vehicles has consistently been below 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 9.51, based on 1,156 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. Tata Motors Passenger Vehicles's current EV-to-EBITDA of 8.46 is 11% below 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 Tata Motors Passenger Vehicles. For the Vehicles & Parts industry, the median EV-to-EBITDA is 9.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tata Motors Passenger Vehicles's current EV-to-EBITDA is 8.46, which is 138% above median its own 10-year median of 3.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tata Motors Passenger Vehicles stock overvalued right now?
Based on GuruFocus' analysis, Tata Motors Passenger Vehicles (NSE:TMPV) is currently considered Fairly Valued. The stock's GF Value™ is ₹351.37, compared to a current price of ₹322.80 — trading 8.1% below its estimated fair value. The current EV-to-EBITDA is 8.46, which is 138% above median its 10-year median of 3.55 and 11% below the Vehicles & Parts industry median of 9.51. Tata Motors Passenger Vehicles' overall GF Score™ is 70/100 with 4 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 Tata Motors Passenger Vehicles (NSE:TMPV), the current EV-to-EBITDA is 8.46 as of Aug. 19, 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 Tata Motors Passenger Vehicles (NSE:TMPV) Overvalued in 2026?

Based on GuruFocus' analysis, Tata Motors Passenger Vehicles stock appears to be undervalued. The current stock price of ₹322.80 is trading 8.1% below its estimated GF Value™ of ₹351.37. GuruFocus considers Tata Motors Passenger Vehicles to be Fairly Valued.

Key valuation signals for NSE:TMPV:

  • EV-to-EBITDA: 8.46 (138% above median its 10-year median of 3.55)
  • GF Value™: ₹351.37 vs. price of ₹322.80 (8.1% below fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 11% below the Vehicles & Parts median (#535 of 1156)

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


Tata Motors Passenger Vehicles Business Description

Other Exchanges 500570:India
Address 24, Homi Mody Street, Bombay House, Mumbai, MH, IND, 400001
Tata Motors Passenger Vehicles Ltd Formerly Tata Motors Ltd designs, manufactures and sells a wide range of automotive vehicles and provides information technology services. The company also manufactures engines for industrial applications. Its operating segments include Automotive and Others. It mainly operates in the automotive business. The automotive business includes all activities relating to development, design, manufacture, assembly and sale of vehicles, as well as sale of related parts, accessories and services. The Automotive segment consists of three reportable sub-segments: Tata Commercial Vehicles, Tata Passenger Vehicles and Jaguar Land Rover of which majority of revenue comes from Jaguar Land Rover. It has majority of sales from India followed by United States, UK, etc.
70GF Score

Get the complete analysis for NSE:TMPV

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

₹322.80
Price
₹351.37
GF Value