MRFNSE:MRF -4.12%93 PEG Ratio is 1.46 as of Jul. 09, 2026, which is 43% below its 10-year median of 2.54. GuruFocus rates NSE:MRF with a GF Score™ of 93/100 and a GF Value™ of ₹160,152.56 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 671 Vehicles & Parts companies, MRF ranks worse than 57.08% on this metric.
PE Ratio without NRI / 5-Year EBITDA Growth Rate*
PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, MRF's PE Ratio without NRI is 22.85. MRF's 5-Year EBITDA growth rate is 15.70%. Therefore, MRF's PEG Ratio for today is 1.46.
* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
The historical rank and industry rank for MRF's PEG Ratio or its related term are showing as below:
NSE:MRF'
s PEG Ratio Range Over the Past 10 Years
Min: 1.3 Med: 2.54 Max: 6.98
Current: 1.45
During the past 13 years, MRF's highest PEG Ratio was 6.98. The lowest was 1.30. And the median was 2.54.
NSE:MRF's PEG Ratio is ranked worse than 57.08% of 671
companies
in the Vehicles & Parts industry
Industry Median: 1.13
vs NSE:MRF: 1.45
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
MRF (NSE:MRF) PEG Ratio Explanation
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.
MRF PEG Ratio Related Terms
MRF PEG Ratio Historical Data
* Premium members only.
The historical data trend for MRF's PEG 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, MRF's PEG Ratio, along with its competitors' market caps and PEG 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.
MRF PEG Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, MRF's PEG Ratio distribution charts can be found below:
* The bar in red indicates where MRF's PEG Ratio falls into.
* 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.
* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
MRF (NSE:MRF) has a PEG Ratio of 1.46 as of Jul. 09, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on MRF and its competitors. This is 43% below median its historical median of 2.54. Over the past decade, MRF's PEG Ratio has ranged from 1.30 to 6.98. According to the industry distribution chart, MRF ranks #383 out of 671 companies in the Vehicles & Parts industry, placing it in the top 57.1%.
Is MRF's PEG Ratio too high?
MRF's current PEG Ratio of 1.46 is 43% below median its 10-year median of 2.54. Over the past 10 years, this metric has ranged from a low of 1.30 to a high of 6.98. The Vehicles & Parts industry median PEG Ratio is 1.13. MRF's value of 1.46 is 29.2% above this industry median. Based on the distribution chart, MRF ranks #383 out of 671 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, MRF has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MRF's PEG Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, MRF ranks #383 out of 671 companies for PEG Ratio. This places MRF in the lower half of its industry. The industry median PEG Ratio is 1.13. MRF's value of 1.46 is 29.2% above this benchmark. Historically, MRF's own PEG Ratio has ranged from 1.30 to 6.98 over the past decade. While the company's 10-year median is 2.54 vs. the industry median of 1.13, MRF 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 PEG Ratio for a Vehicles & Parts company?
The median PEG Ratio among Vehicles & Parts companies is 1.13, based on 671 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MRF's current PEG Ratio of 1.46 is 29.2% 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 PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on MRF and its competitors. For the Vehicles & Parts industry, the median PEG Ratio is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MRF's current PEG Ratio is 1.46, which is 43% below median its own 10-year median of 2.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MRF stock overvalued right now?
Based on GuruFocus' analysis, MRF (NSE:MRF) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹160,152.56, compared to a current price of ₹132,940.00 — trading 17% below its estimated fair value. The current PEG Ratio is 1.46, which is 43% below median its 10-year median of 2.54 and 29.2% above the Vehicles & Parts industry median of 1.13. MRF's overall GF Score™ is 93/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For MRF (NSE:MRF), the current PEG Ratio is 1.46 as of Jul. 09, 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 MRF (NSE:MRF) Overvalued in 2026?
Based on GuruFocus' analysis, MRF stock appears to be undervalued.
The current stock price of ₹132,940.00 is trading 17% below its estimated GF Value™ of ₹160,152.56.
GuruFocus considers MRF to be Modestly Undervalued.
Key valuation signals for NSE:MRF:
PEG Ratio: 1.46 (43% below median its 10-year median of 2.54)
GF Value™: ₹160,152.56 vs. price of ₹132,940.00 (17% below fair value)
Industry Position: 29.2% above the Vehicles & Parts median (#383 of 671)
No single metric tells the full story. See the NSE:MRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MRF Ltd makes and sells rubber products, including tires, tubes, tread rubber, conveyor belts, and building and floor coatings. The firm's tires are used for automobiles, commercial trucks, and farm equipment. The company sells tires under the MRF brand name. MRF also operates multiple retail stores that sell tires and offer services. Stores under the MRF TireRok brand offer wheel alignment and air conditioning repair. MRF Musclezone stores offer tire servicing for commercial vehicles. MRF Tyredom stores offer a wheel alignment and car washes. The majority of revenue comes from India.
93GF Score
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