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Emerald Tyre ManufacturersNSE:ETML -2.48%16 PE Ratio (TTM) is 12.34 as of Jul. 15, 2026, which is 28% below its 10-year median of 17.20. GuruFocus rates NSE:ETML with a GF Score™ of 16/100. The stock has 3 warning signs investors should review. Among 996 Vehicles & Parts companies, Emerald Tyre Manufacturers ranks better than 65.16% on this metric.
The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-07-15), Emerald Tyre Manufacturers's share price is
₹80.45.
Emerald Tyre Manufacturers's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2025 was ₹6.52. Therefore, Emerald Tyre Manufacturers's PE Ratio (TTM) for today is 12.34.
Good Sign:
Emerald Tyre Manufacturers Ltd stock PE Ratio (=13) is close to 2-year low of 11.8.
The historical rank and industry rank for Emerald Tyre Manufacturers's PE Ratio (TTM) or its related term are showing as below:
NSE:ETML'
s PE Ratio (TTM) Range Over the Past 10 Years
Min: 11.8 Med: 17.2 Max: 33.16
Current: 12.34
During the past 5 years, the highest PE Ratio (TTM) of Emerald Tyre Manufacturers was 33.16. The lowest was 11.80. And the median was 17.20.
NSE:ETML's PE Ratio (TTM) is ranked better than 65.16% of 996
companies
in the Vehicles & Parts industry
Industry Median: 17.565
vs NSE:ETML: 12.34
During the past 5 years, Emerald Tyre Manufacturers's highest 3-Year average EPS without NRI Growth Rate was 29.10% per year. The lowest was 29.10% per year. And the median was 29.10% per year.
Emerald Tyre Manufacturers (NSE:ETML) PE Ratio (TTM) Explanation
The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.
In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.
If a company loses money, the PE Ratio (TTM) becomes meaningless.
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.
Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.
Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .
PE Ratio (TTM) can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio (TTM).
Emerald Tyre Manufacturers PE Ratio (TTM) Related Terms
Emerald Tyre Manufacturers PE Ratio (TTM) Historical Data
* 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.
Emerald Tyre Manufacturers PE Ratio (TTM) Chart
Emerald Tyre Manufacturers Annual Data
Trend
Mar21
Mar22
Mar23
Mar24
Mar25
PE Ratio (TTM)
N/A
N/A
N/A
N/A
15.83
Emerald Tyre Manufacturers Semi-Annual Data
Mar21
Mar22
Mar23
Mar24
Mar25
PE Ratio (TTM)
At Loss
N/A
N/A
N/A
15.83
NSE:ETML vs ORLY, AZO: PE Ratio (TTM) Comparison
For the Auto Parts subindustry, Emerald Tyre Manufacturers's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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.
Emerald Tyre Manufacturers PE Ratio (TTM) vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Emerald Tyre Manufacturers's PE Ratio (TTM) distribution charts can be found below:
* The bar in red indicates where Emerald Tyre Manufacturers's PE Ratio (TTM) falls into.
Emerald Tyre Manufacturers PE Ratio (TTM) Calculation
The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.
Emerald Tyre Manufacturers's Share Price of today is ₹80.45.
For company reported annually, GuruFocus uses latest annual data as the TTM data. Emerald Tyre Manufacturers's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2025 was ₹6.52.
* 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:
There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.
In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.
Emerald Tyre Manufacturers (NSE:ETML) has a PE Ratio (TTM) of 12.34 as of Jul. 15, 2026. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Emerald Tyre Manufacturers and its competitors. This is 28% below median its historical median of 17.20. Over the past decade, Emerald Tyre Manufacturers' PE Ratio (TTM) has ranged from 11.80 to 33.16. According to the industry distribution chart, Emerald Tyre Manufacturers ranks #347 out of 996 companies in the Vehicles & Parts industry, placing it in the top 34.8%.
Is Emerald Tyre Manufacturers' PE Ratio (TTM) too high?
Emerald Tyre Manufacturers' current PE Ratio (TTM) of 12.34 is 28% below median its 10-year median of 17.20. Over the past 10 years, this metric has ranged from a low of 11.80 to a high of 33.16. The Vehicles & Parts industry median PE Ratio (TTM) is 17.57. Emerald Tyre Manufacturers' value of 12.34 is 29.7% below this industry median. Based on the distribution chart, Emerald Tyre Manufacturers ranks #347 out of 996 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Emerald Tyre Manufacturers has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Emerald Tyre Manufacturers' PE Ratio (TTM) compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Emerald Tyre Manufacturers ranks #347 out of 996 companies for PE Ratio (TTM). This puts Emerald Tyre Manufacturers in the upper half of its industry. The industry median PE Ratio (TTM) is 17.57. Emerald Tyre Manufacturers' value of 12.34 is 29.7% below this benchmark. Historically, Emerald Tyre Manufacturers' own PE Ratio (TTM) has ranged from 11.80 to 33.16 over the past decade. While the company's 10-year median is 17.20 vs. the industry median of 17.57, Emerald Tyre Manufacturers 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 PE Ratio (TTM) for a Vehicles & Parts company?
The median PE Ratio (TTM) among Vehicles & Parts companies is 17.57, based on 996 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio (TTM) significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Emerald Tyre Manufacturers's current PE Ratio (TTM) of 12.34 is 29.7% 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 PE Ratio (TTM) mean?
A high PE Ratio (TTM) can signal that a stock is expensive relative to its fundamentals. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Emerald Tyre Manufacturers and its competitors. For the Vehicles & Parts industry, the median PE Ratio (TTM) is 17.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emerald Tyre Manufacturers's current PE Ratio (TTM) is 12.34, which is 28% below median its own 10-year median of 17.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emerald Tyre Manufacturers stock overvalued right now?
Emerald Tyre Manufacturers (NSE:ETML) has a current PE Ratio (TTM) of 12.34. The current PE Ratio (TTM) is 12.34, which is 28% below median its 10-year median of 17.20 and 29.7% below the Vehicles & Parts industry median of 17.57. Emerald Tyre Manufacturers' overall GF Score™ is 16/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For Emerald Tyre Manufacturers (NSE:ETML), the current PE Ratio (TTM) is 12.34 as of Jul. 15, 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.
Emerald Tyre Manufacturers Ltd is engaged in the Business of Manufacturing, Supplying and Services for a comprehensive range of tyres for material handling applications, like forklifts, skid loaders, ground support equipment of Airports, Port trailers, agri implements, lawn and garden mowers, mining equipment, aerial work platform trucks, backhoe loaders, etc.
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