Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ashok Leyland's Enterprise Value is ₹1,427,756 Mil.
Ashok Leyland's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹98,594 Mil. Therefore, Ashok Leyland's EV-to-EBIT ratio for today is 14.48.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Ashok Leyland's Enterprise Value is ₹1,427,756 Mil.
Ashok Leyland's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹109,970 Mil. Therefore, Ashok Leyland's EV-to-EBITDA ratio for today is 12.98.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Ashok Leyland's Enterprise Value is ₹1,427,756 Mil.
Ashok Leyland's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ₹560,760 Mil. Therefore, Ashok Leyland's EV-to-Revenue ratio for today is 2.55.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Ashok Leyland's Enterprise Value is ₹1,427,756 Mil.
Ashok Leyland's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, Ashok Leyland's EV-to-FCF ratio for today is .
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Ashok Leyland (BOM:500477) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Ashok Leyland's current Enterprise Value is ₹1,427,756 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.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Ashok Leyland's current Enterprise Value is ₹1,427,756 Mil.
Ashok Leyland's EBITDA 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 ₹109,970 Mil.
Ashok Leyland's current Enterprise Value is ₹1,427,756 Mil.
Ashok Leyland's Revenue 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 ₹560,760 Mil.
Ashok Leyland's current Enterprise Value is ₹1,427,756 Mil.
Ashok Leyland's Cash Flow from Operations 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 ₹0 Mil.
Ashok Leyland's current Enterprise Value is ₹1,427,756 Mil.
Ashok Leyland's Free Cash Flow 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 ₹0 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 Enterprise Value Related Terms
Ashok Leyland Enterprise Value Historical Data
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The historical data trend for Ashok Leyland's Enterprise Value 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.
BOM:500477 vs CAT, DE, PCAR: Enterprise Value Comparison
For the Farm & Heavy Construction Machinery subindustry, Ashok Leyland's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Ashok Leyland's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Ashok Leyland's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Ashok Leyland's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
What does a Enterprise Value of ₹1,427,756 Mil mean?
Ashok Leyland (BOM:500477) has a Enterprise Value of ₹1,427,756 Mil as of Jul. 13, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Ashok Leyland and its competitors.
Is Ashok Leyland's Enterprise Value too high?
Ashok Leyland's current Enterprise Value is ₹1,427,756 Mil. Overall, Ashok Leyland has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ashok Leyland's Enterprise Value compare to CAT and DE?
Ashok Leyland's Enterprise Value of ₹1,427,756 Mil can be compared against companies in the Farm & Heavy Construction Machinery industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Farm & Heavy Construction Machinery company?
A good Enterprise Value depends on the Farm & Heavy Construction Machinery industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Ashok Leyland and its competitors. Ashok Leyland's current Enterprise Value is ₹1,427,756 Mil. 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 (BOM:500477) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹128.33, compared to a current price of ₹157.55 — trading 22.8% above its estimated fair value. The current Enterprise Value is ₹1,427,756 Mil. Ashok Leyland's overall GF Score™ is 88/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Ashok Leyland (BOM:500477), the current Enterprise Value is ₹1,427,756 Mil as of Jul. 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 (BOM:500477) Overvalued in 2026?
Based on GuruFocus' analysis, Ashok Leyland stock appears to be overvalued.
The current stock price of ₹157.55 is trading 22.8% above its estimated GF Value™ of ₹128.33.
GuruFocus considers Ashok Leyland to be Modestly Overvalued.
Key valuation signals for BOM:500477:
Enterprise Value: ₹1,427,756 Mil
GF Value™: ₹128.33 vs. price of ₹157.55 (22.8% above fair value)
No single metric tells the full story. See the BOM:500477 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.
88GF Score
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