Ashok Leyland (NSE:ASHOKLEY) 3-1 Month Momentum %: -4.51% (As of Aug. 25, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:ASHOKLEY Ashok Leyland Ltd NSE:ASHOKLEY
81 GF Score
Price ₹173.29
GF Value ₹137.76
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Ashok Leyland 3-1 Month Momentum %?

Ashok Leyland NSE:ASHOKLEY +0.17% 81 3-1 Month Momentum % is -4.51% as of Aug. 25, 2026. GuruFocus rates NSE:ASHOKLEY with a GF Score™ of 81/100 and a GF Value™ of ₹137.76 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 213 Farm & Heavy Construction Machinery companies, Ashok Leyland ranks worse than 50.7% on this metric.

3-1 Month Momentum % is the total return of the stock from 3-month ago to 1-month ago. As of today (2026-08-25), Ashok Leyland's 3-1 Month Momentum % is -4.51%.

The industry rank for Ashok Leyland's 3-1 Month Momentum % or its related term are showing as below:

NSE:ASHOKLEY's 3-1 Month Momentum % is ranked worse than
50.7% of 213 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: -4.18 vs NSE:ASHOKLEY: -4.51

Ashok Leyland  (NSE:ASHOKLEY) 3-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 3-1 Month Momentum % measures the total return to a stock over the past three months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Ashok Leyland 3-1 Month Momentum % Related Terms


NSE:ASHOKLEY vs CAT, DE, PCAR: 3-1 Month Momentum % Comparison

For the Farm & Heavy Construction Machinery subindustry, Ashok Leyland's 3-1 Month Momentum %, along with its competitors' market caps and 3-1 Month Momentum % 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 3-1 Month Momentum % vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Ashok Leyland's 3-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Ashok Leyland's 3-1 Month Momentum % falls into.


NSE:ASHOKLEY
81GF Score
Ashok Leyland Ltd NSE:ASHOKLEY
3-1 Month Momentum % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ashok Leyland  (NSE:ASHOKLEY) 3-1 Month Momentum % Calculation

3-1 Month Momentum % is calculated as following:

3-1 Month Momentum %=( Price 1-month ago / Price 3-month ago - 1 ) * 100 %

* 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 3-1 Month Momentum % →
What does a 3-1 Month Momentum % of -4.51% mean?
Ashok Leyland (NSE:ASHOKLEY) has a 3-1 Month Momentum % of -4.51% as of Aug. 25, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Ashok Leyland and its competitors. According to the industry distribution chart, Ashok Leyland ranks #108 out of 213 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 50.7%.
Is Ashok Leyland's 3-1 Month Momentum % too high?
Ashok Leyland's current 3-1 Month Momentum % is -4.51%. Based on the distribution chart, Ashok Leyland ranks #108 out of 213 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Ashok Leyland has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ashok Leyland's 3-1 Month Momentum % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Ashok Leyland ranks #108 out of 213 companies for 3-1 Month Momentum %. This places Ashok Leyland in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-1 Month Momentum % for a Farm & Heavy Construction Machinery company?
A good 3-1 Month Momentum % depends on the Farm & Heavy Construction Machinery industry context. However, 3-1 Month Momentum % 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 3-1 Month Momentum % mean?
A high 3-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Ashok Leyland and its competitors. Ashok Leyland's current 3-1 Month Momentum % is -4.51%. 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 (NSE:ASHOKLEY) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹137.76, compared to a current price of ₹173.29 — trading 25.8% above its estimated fair value. The current 3-1 Month Momentum % is -4.51%. Ashok Leyland's overall GF Score™ is 81/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-1 Month Momentum % calculated?
3-1 Month Momentum % is calculated from a company's financial statements. For Ashok Leyland (NSE:ASHOKLEY), the current 3-1 Month Momentum % is -4.51% as of Aug. 25, 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 (NSE:ASHOKLEY) Overvalued in 2026?

Based on GuruFocus' analysis, Ashok Leyland stock appears to be overvalued. The current stock price of ₹173.29 is trading 25.8% above its estimated GF Value™ of ₹137.76. GuruFocus considers Ashok Leyland to be Modestly Overvalued.

Key valuation signals for NSE:ASHOKLEY:

  • 3-1 Month Momentum %: -4.51%
  • GF Value™: ₹137.76 vs. price of ₹173.29 (25.8% above fair value)
  • GF Score™: 81/100 with 1 warning sign

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


Ashok Leyland Business Description

Other Exchanges 500477:India
Address No. 1, Sardar Patel Road, Guindy, Chennai, TN, IND, 600032
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.
81GF Score

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3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹173.29
Price
₹137.76
GF Value