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Ashok LeylandNSE:ASHOKLEY +0.28%85 5-Year Yield-on-Cost % is 2.32 as of Jul. 26, 2026, which is 17% above its 10-year median of 1.98. GuruFocus rates NSE:ASHOKLEY with a GF Score™ of 85/100 and a GF Value™ of ₹127.69 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 139 Farm & Heavy Construction Machinery companies, Ashok Leyland ranks worse than 58.99% on this metric.
Ashok Leyland's yield on cost for the quarter that ended in Mar. 2026 was 2.32.
The historical rank and industry rank for Ashok Leyland's 5-Year Yield-on-Cost % or its related term are showing as below:
NSE:ASHOKLEY'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.36 Med: 1.98 Max: 9.42
Current: 2.32
During the past 13 years, Ashok Leyland's highest Yield on Cost was 9.42. The lowest was 0.36. And the median was 1.98.
NSE:ASHOKLEY's 5-Year Yield-on-Cost % is ranked worse than 58.99% of 139
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 2.81
vs NSE:ASHOKLEY: 2.32
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
Ashok Leyland 5-Year Yield-on-Cost % Related Terms
NSE:ASHOKLEY vs CAT, DE, PCAR: 5-Year Yield-on-Cost % Comparison
For the Farm & Heavy Construction Machinery subindustry, Ashok Leyland's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Ashok Leyland's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Ashok Leyland's 5-Year Yield-on-Cost % falls into.
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
Therefore, Yield-on-Cost of Ashok Leyland is calculated as
Ashok Leyland (NSE:ASHOKLEY) has a 5-Year Yield-on-Cost % of 2.32 as of Jul. 26, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Ashok Leyland and its competitors. This is 17% above median its historical median of 1.98. Over the past decade, Ashok Leyland's 5-Year Yield-on-Cost % has ranged from 0.36 to 9.42. According to the industry distribution chart, Ashok Leyland ranks #82 out of 139 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 59%.
Is Ashok Leyland's 5-Year Yield-on-Cost % too high?
Ashok Leyland's current 5-Year Yield-on-Cost % of 2.32 is 17% above median its 10-year median of 1.98. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 9.42. The Farm & Heavy Construction Machinery industry median 5-Year Yield-on-Cost % is 2.81. Ashok Leyland's value of 2.32 is 17.4% below this industry median. Based on the distribution chart, Ashok Leyland ranks #82 out of 139 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Ashok Leyland has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ashok Leyland's 5-Year Yield-on-Cost % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Ashok Leyland ranks #82 out of 139 companies for 5-Year Yield-on-Cost %. This places Ashok Leyland in the lower half of its industry. The industry median 5-Year Yield-on-Cost % is 2.81. Ashok Leyland's value of 2.32 is 17.4% below this benchmark. Historically, Ashok Leyland's own 5-Year Yield-on-Cost % has ranged from 0.36 to 9.42 over the past decade. While the company's 10-year median is 1.98 vs. the industry median of 2.81, Ashok Leyland 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 5-Year Yield-on-Cost % for a Farm & Heavy Construction Machinery company?
The median 5-Year Yield-on-Cost % among Farm & Heavy Construction Machinery companies is 2.81, based on 139 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ashok Leyland's current 5-Year Yield-on-Cost % of 2.32 is 17.4% 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 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Ashok Leyland and its competitors. For the Farm & Heavy Construction Machinery industry, the median 5-Year Yield-on-Cost % is 2.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashok Leyland's current 5-Year Yield-on-Cost % is 2.32, which is 17% above median its own 10-year median of 1.98. 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 ₹127.69, compared to a current price of ₹151.07 — trading 18.3% above its estimated fair value. The current 5-Year Yield-on-Cost % is 2.32, which is 17% above median its 10-year median of 1.98 and 17.4% below the Farm & Heavy Construction Machinery industry median of 2.81. Ashok Leyland's overall GF Score™ is 85/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For Ashok Leyland (NSE:ASHOKLEY), the current 5-Year Yield-on-Cost % is 2.32 as of Jul. 26, 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 ₹151.07 is trading 18.3% above its estimated GF Value™ of ₹127.69.
GuruFocus considers Ashok Leyland to be Modestly Overvalued.
Key valuation signals for NSE:ASHOKLEY:
5-Year Yield-on-Cost %: 2.32 (17% above median its 10-year median of 1.98)
GF Value™: ₹127.69 vs. price of ₹151.07 (18.3% above fair value)
Industry Position: 17.4% below the Farm & Heavy Construction Machinery median (#82 of 139)
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 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.
85GF Score
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5-Year Yield-on-Cost % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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