M&M

MM vs Peers

₹2,810.90-1.54%
Market cap
₹3.37 lakh crore
P/E
18.3
P/B
3.62
ROE
20.1%
Dividend yield
1.17%

MM ranks 2nd by market capitalisation among 6 Passenger Cars & Utility Vehicles companies tracked by ATS. Its largest peers are Maruti Suzuki India, Hyundai Motor India and Tata Motors Passenger Vehicles. Its P/E of 18.3 compares with a peer median of 25.2.

MM vs Passenger Cars & Utility Vehicles peers

Sorted by market capitalisation.

MM and peers compared on size, valuation and returns
CompanyClose (₹)1DMarket cap (₹ cr)P/EP/BROE1Y return
Maruti Suzuki India11,477.00-1.27%3,60,84025.23.3714.4%+12.5%
MM2,810.90-1.54%3,37,44118.33.6220.1%+22.0%
Hyundai Motor India1,951.60-1.88%1,58,57632.07.9229.9%+12.5%
Tata Motors Passenger Vehicles284.20-0.56%1,04,65322.50.9372.2%+12.5%
FORCE MOTORS16,950.00-0.94%22,33417.85.3233.5%+12.5%
Olectra Greentech1,088.80-1.28%8,93750.47.2815.6%+12.5%

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

MM peer comparison — frequently asked questions

Who are MM's competitors?

MM's listed peers in Passenger Cars & Utility Vehicles include Maruti Suzuki India, Hyundai Motor India, Tata Motors Passenger Vehicles, FORCE MOTORS and Olectra Greentech, ranked here by market capitalisation.

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

MM trades at a P/E of 18.3, against a median of 25.2 across the 5 Passenger Cars & Utility Vehicles peers shown.

Which is the largest company among MM's peers?

By market capitalisation, the largest company in the group is Maruti Suzuki India at ₹3.61 lakh crore, against ₹3.37 lakh crore for MM.

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.