ASHOKLEY

Ashok Leyland vs Peers

₹149.74-2.58%
Market cap
₹87,955 crore
P/E
25.3
P/B
6.18
ROE
26.2%
Dividend yield
1.20%

Ashok Leyland ranks 2nd by market capitalisation among 4 Commercial Vehicles companies tracked by ATS. Its largest peers are Tata Motors, SML Mahindra and Atul Auto. Its P/E of 25.3 compares with a peer median of 37.6.

Ashok Leyland vs Commercial Vehicles peers

Sorted by market capitalisation.

Ashok Leyland and peers compared on size, valuation and returns
CompanyClose (₹)1DMarket cap (₹ cr)P/EP/BROE1Y return
Tata Motors427.95-1.35%1,57,58537.612.3826.1%+12.5%
Ashok Leyland149.74-2.58%87,95525.36.1826.2%+22.0%
SML Mahindra6,088.00-0.77%8,81055.216.9635.4%+12.5%
Atul Auto426.50-0.23%1,18425.12.459.1%+12.5%

Source: NSE end-of-day prices; ratios from company filings. Data as of 7 October 2026. How this data is compiled.

Ashok Leyland peer comparison — frequently asked questions

Who are Ashok Leyland's competitors?

Ashok Leyland's listed peers in Commercial Vehicles include Tata Motors, SML Mahindra and Atul Auto, ranked here by market capitalisation.

How does Ashok Leyland's P/E compare with its peers?

Ashok Leyland trades at a P/E of 25.3, against a median of 37.6 across the 3 Commercial Vehicles peers shown.

Which is the largest company among Ashok Leyland's peers?

By market capitalisation, the largest company in the group is Tata Motors at ₹1.58 lakh crore, against ₹87,955 crore for Ashok Leyland.

Same Data For Peers

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Figures are for information only and are not investment advice or a recommendation to buy, sell or hold any security. Investments in securities are subject to market risks; read all related documents carefully before investing.