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Apollo TyresBOM:500877 -1.06%84 PB Ratio is 1.59 as of Jul. 27, 2026, which is 1% above its 10-year median of 1.57. GuruFocus rates BOM:500877 with a GF Score™ of 84/100 and a GF Value™ of ₹538.82 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,293 Vehicles & Parts companies, Apollo Tyres ranks worse than 56.15% on this metric.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-27), Apollo Tyres's share price is ₹419.45. Apollo Tyres's Book Value per Share for the quarter that ended in Mar. 2026 was ₹264.24. Hence, Apollo Tyres's PB Ratio of today is 1.59.
The historical rank and industry rank for Apollo Tyres's PB Ratio or its related term are showing as below:
BOM:500877'
s PB Ratio Range Over the Past 10 Years
Min: 0.45 Med: 1.57 Max: 2.48
Current: 1.59
During the past 13 years, Apollo Tyres's highest PB Ratio was 2.48. The lowest was 0.45. And the median was 1.57.
BOM:500877's PB Ratio is ranked worse than 56.15% of 1293
companies
in the Vehicles & Parts industry
Industry Median: 1.35
vs BOM:500877: 1.59
During the past 12 months, Apollo Tyres's average Book Value Per Share Growth Rate was 13.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 10.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 8.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Apollo Tyres was 28.00% per year. The lowest was 1.80% per year. And the median was 16.00% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Apollo Tyres PB Ratio Related Terms
Apollo Tyres PB Ratio Historical Data
* Premium members only.
The historical data trend for Apollo Tyres's PB Ratio 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.
For the Auto Parts subindustry, Apollo Tyres's PB Ratio, along with its competitors' market caps and PB Ratio 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.
Apollo Tyres PB Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Apollo Tyres's PB Ratio distribution charts can be found below:
* The bar in red indicates where Apollo Tyres's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Apollo Tyres's PB Ratio for today is calculated as follows:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Apollo Tyres (BOM:500877) has a PB Ratio of 1.59 as of Jul. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Apollo Tyres and its competitors. This is near median its historical median of 1.57. Over the past decade, Apollo Tyres' PB Ratio has ranged from 0.45 to 2.48. According to the industry distribution chart, Apollo Tyres ranks #726 out of 1293 companies in the Vehicles & Parts industry, placing it in the top 56.1%.
Is Apollo Tyres' PB Ratio too high?
Apollo Tyres' current PB Ratio of 1.59 is near median its 10-year median of 1.57. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 2.48. The Vehicles & Parts industry median PB Ratio is 1.35. Apollo Tyres' value of 1.59 is 17.8% above this industry median. Based on the distribution chart, Apollo Tyres ranks #726 out of 1293 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Apollo Tyres has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Apollo Tyres' PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Apollo Tyres ranks #726 out of 1293 companies for PB Ratio. This places Apollo Tyres in the lower half of its industry. The industry median PB Ratio is 1.35. Apollo Tyres' value of 1.59 is 17.8% above this benchmark. Historically, Apollo Tyres' own PB Ratio has ranged from 0.45 to 2.48 over the past decade. While the company's 10-year median is 1.57 vs. the industry median of 1.35, Apollo Tyres 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 PB Ratio for a Vehicles & Parts company?
The median PB Ratio among Vehicles & Parts companies is 1.35, based on 1,293 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Apollo Tyres's current PB Ratio of 1.59 is 17.8% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Apollo Tyres and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apollo Tyres's current PB Ratio is 1.59, which is near median its own 10-year median of 1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apollo Tyres stock overvalued right now?
Based on GuruFocus' analysis, Apollo Tyres (BOM:500877) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹538.82, compared to a current price of ₹419.45 — trading 22.2% below its estimated fair value. The current PB Ratio is 1.59, which is near median its 10-year median of 1.57 and 17.8% above the Vehicles & Parts industry median of 1.35. Apollo Tyres' overall GF Score™ is 84/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Apollo Tyres (BOM:500877), the current PB Ratio is 1.59 as of Jul. 27, 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 Apollo Tyres (BOM:500877) Overvalued in 2026?
Based on GuruFocus' analysis, Apollo Tyres stock appears to be undervalued.
The current stock price of ₹419.45 is trading 22.2% below its estimated GF Value™ of ₹538.82.
GuruFocus considers Apollo Tyres to be Modestly Undervalued.
Key valuation signals for BOM:500877:
PB Ratio: 1.59 (near median its 10-year median of 1.57)
GF Value™: ₹538.82 vs. price of ₹419.45 (22.2% below fair value)
Industry Position: 17.8% above the Vehicles & Parts median (#726 of 1293)
No single metric tells the full story. See the BOM:500877 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Apollo Tyres Ltd manufactures and sells tires. The company's geographical segments are the Asia Pacific, the Middle East, Africa (APMEA), Europe, and Others. The firm's two key brands are Apollo and Vredestein. The product portfolio comprises tires for Passenger, Commercial, Off-highway vehicles, and Two-wheelers.
84GF Score
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