# CEAT share price today (CEAT Ltd, NSE: CEATLTD)

> CEAT share price today: ₹3,331.10 at the NSE close on 3 November 2026, down 17.4% in a year. CEAT (NSE: CEATLTD) is worth ₹13,475 crore, trades at a P/E of 23.5 and has closed between ₹3,060.20 and ₹4,026.00 over the past 52 weeks. > CEAT Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. CEATLTD · Tyres & Tubes · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/ceat-ltd

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## Key numbers

- Business trend: Slowing from a peak, from the last 12 quarters
- Price: ₹3,331.10 (−17.4% in a year)
- P/E: 23.5× (higher than 71% of the last 11 years)
- Revenue (Sep 2026): ₹4,762 Cr (+26.2% on a year ago)
- Profit (Sep 2026): ₹112 Cr (−39.8% on a year ago)
- Operating margin: 10.0% (−3.0 points on a year ago)
- ROCE: 19%, FY26
- ROIC: 9.6%, against a 12.0% cost of capital: −2.4 points

The main question: yearly earnings per share moved +47.7% while the share price moved −17.4%. ## What is the CEAT share price today? CEAT Ltd's share price was ₹3,331.10 at the close on 3 November 2026. It has been falling for 6 weeks. That is 3.4% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹3,060 and ₹4,026, and at that close it sat 28% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 7 weeks running. Over the last 11 years the share price moved +215% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 18 September 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at CEAT this quarter? Three changes stood out: revenue up on a year earlier for 12 quarters in a row (every quarter we can compare), foreign funds (FIIs) cut their stake for 3 quarters in a row and indian funds and insurers (DIIs) raised their stake for 3 quarters in a row. 1. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare) In the September 2026 quarter revenue was ₹4,762 crore, +26.2% on a year earlier. Why: Revenue rose because the company sold more tyres, led by car makers and export customers. Next results: check whether replacement tyre volumes bounce back after temporary production limits, with rural two-wheeler demand still strong. From the earnings call on 15 Oct 2026. 2. Foreign funds (FIIs) cut their stake for 3 quarters in a row From 16.9% to 13.4% of the company by the September 2026 quarter. 3. Indian funds and insurers (DIIs) raised their stake for 3 quarters in a row From 20.5% to 23.3% of the company by the September 2026 quarter. ## What are CEAT's latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), CEAT reported revenue of ₹4,762 crore, up 26.2% from ₹3,773 crore a year earlier, and a profit of ₹112 crore, down 39.8% from ₹186 crore. ### CEAT results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹4,762 crore | ₹3,773 crore | +26.2% |
| Profit | ₹112 crore | ₹186 crore | −39.8% |
| Earnings per share | ₹27.69 | ₹45.98 | −39.8% |
| Operating margin | 10.0% | 13.0% | −3.0 points |

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). CEAT's management discussed these results on a call held on 15 October 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.)

## What is the CEAT share price history? CEAT closed at ₹3,331.10 on 3 November 2026, down 17.4% from ₹4,032.70 a year earlier (31 October 2025) and up 162.5% over five years. Its highest weekly close since March 2016 was ₹4,140.90 on 24 October 2025. ### CEAT share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹3,060.20 | +8.9% |
| 1 month ago · 1 Oct 2026 | ₹3,286.60 | +1.4% |
| 6 months ago · 30 Apr 2026 | ₹3,445.20 | −3.3% |
| 1 year ago · 31 Oct 2025 | ₹4,032.70 | −17.4% |
| 3 years ago · 3 Nov 2023 | ₹2,128.25 | +56.5% |
| 5 years ago · 4 Nov 2021 | ₹1,269.15 | +162.5% |
| 10 years ago · 4 Nov 2016 | ₹1,200.35 | +177.5% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹1,056.35 | +215.3% |
| Highest weekly close since March 2016 · 24 Oct 2025 | ₹4,140.90 | −19.6% |
| Lowest weekly close since March 2016 · 3 Apr 2020 | ₹701.65 | +374.8% |
| 52-week high (weekly close) · 7 Nov 2025 | ₹4,026.00 | −17.3% |
| 52-week low (weekly close) · 23 Oct 2026 | ₹3,060.20 | +8.9% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (560 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on CEAT? 3 Nov 2026: CEAT closed at ₹3,331.10, up 8.9% on the week and up 1.4% on the month. 15 Oct 2026: CEAT held its results call for July to September 2026. Management guided: Q3 raw material cost up about 3-3.5% over Q2, taking cumulative rise to about 27% over March exit. ### Earlier

- Results for July to September 2026: Revenue up 26.2% and profit down 39.8% on a year earlier. - 31 Jul 2026: ex-date for a dividend of ₹35 a share. ## What dividend does CEAT pay? CEAT paid ₹35 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 1.05% at the ₹3,331.10 close on 3 November 2026. The last was a dividend of ₹35 a share, ex-date 31 July 2026. ### CEAT dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 31 Jul 2026 | ₹35 | Dividend | same day |
| 8 Aug 2025 | ₹30 | Dividend | same day |
| 9 Aug 2024 | ₹30 | Dividend | same day |
| 20 Jun 2023 | ₹12 | Dividend | same day |
| 10 Jun 2022 | ₹3 | Dividend | 13 Jun 2022 |
| 27 Aug 2021 | ₹18 | Dividend | 30 Aug 2021 |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. CEAT Ltd paid out 20% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## What did CEAT management say on the latest results call? On the call for July to September 2026, held on 15 October 2026, CEAT's management guided: Q3 raw material cost up about 3-3.5% over Q2, taking cumulative rise to about 27% over March exit. > “Thus, by December, the total increase will be 27% over March exit prices.”
> Arnab Banerjee, on the call for July to September 2026

### What management guided

- Continuous low-dose price hikes across all segments through Q3, with October increases underway. - Second-half replacement outlook of mid-single growth in commercial, low-single in passenger, double-digit in two-wheelers and low farm growth. - Camso second-half volumes up 20% plus over first-half base with near operating profit-positive turn, EPS-accretive by FY29. - Camso customer handover to 100% by end-Q3, upstream ready by Q1 next year and full chain control by July to September 2027. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/386-15-Oct-2026.pdf). (From the call for July to September 2026, 15 October 2026.)

## What to watch in CEAT's next results? When CEAT reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Q3 gross margin path toward comfort - verify price execution covers flagged cost pressure with lagged recovery. - What to check (from the call)
- Q3 gross margin path toward comfort - verify price execution covers flagged cost pressure with lagged recovery. - Camso customer handover completion with flagged volume ramp and operating profit turn - track Q3 disclosure and milestones. - Standalone working capital return toward low levels with leverage in flagged band - confirm cash conversion. - Replacement volume rebound after temporary limits with rural two-wheeler strength intact - check Q3 volumes. ## Which stock lists is CEAT on? CEAT is on 2 of our India lists: 52 week high & low and Small & mid cap stocks. - [52 week high & low 52-week position: Near 52-week low](https://www.sectoralpha.in/52-week-high-stocks-india)
- [Small & mid cap stocks Size rank in India: 499](https://www.sectoralpha.in/small-cap-stocks-india)

## Is CEAT profitable? CEAT Ltd earned ₹112 Cr of net profit in the Sep 2026 quarter, −39.8% on the same quarter a year earlier. Full-year FY26 profit was ₹697 Cr. Over 10 years profit has grown 4.8% a year on average. That is 2.4% of the quarter's revenue. The same quarter a year earlier earned ₹186 Cr. For the full year, FY26 profit was ₹697 Cr (+48.0% on the year before). Why profit moved: revenue changed +26.2% on a year earlier and the margin moved −3.0 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed +17.5% and revenue +24.5%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does CEAT make, and is it growing? CEAT Ltd reported ₹4,762 Cr of revenue in the Sep 2026 quarter, +26.2% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 11.1% a year on average. The last full year, FY26, came in at ₹15,678 Cr. The last four reported quarters add to ₹17,456 Cr. FY26 revenue was ₹15,678 Cr, +18.6% on the year before. Recent pace: the last four quarters grew +24.5% on average, against 11.1% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +24.5%, against +18.4% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +4.3%, against −3.9% a year (accelerating). ## How much of every ₹100 of sales does CEAT keep? CEAT Ltd's operating margin was 10.0% in the Sep 2026 quarter, 3.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 8.0% and 14.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −3.7 percentage points on the year while gross margin changed −6.3 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is CEAT's profit turning into cash? Over the last 3 years, 255% of CEAT Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹1,786 Cr of operating cash against ₹697 Cr of profit. After ₹2,252 Cr of spending on assets, free cash was −₹466 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 255% of profit came in as cash: the cash cycle stayed about the same between FY21 and FY26, so the cash follows profit, not the cycle. What to look at next: the bigger use of cash is spending on new assets, at 2.3× depreciation over three years. The next section checks what that spending is building. ## Where does CEAT's cash go? CEAT Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was −21 days in FY26, down from −16 days in FY21. It spent ₹4,154 Cr on assets over the last 3 years. Customers take 43 days to pay, and stock sits for 68 days on average. At FY26 sales of ₹15,678 Cr, each day of that cycle ties up about ₹43.0 Cr, so roughly −₹902 Cr is tied up in the business at any time. FY26: customers took 43 days to pay and stock sat for 68 days, about 2.2 months of sales sitting as stock, for a full cycle of −21 days, shorter than FY21's −16. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 68 days. Customers pay about 43 days after that. Suppliers are paid at 132 days. Together that makes the −21-day cycle. Spending on assets: ₹4,154 Cr over the last 3 years, against ₹1,769 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹638 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is CEAT's P/E ratio, and how does it compare with its own history? CEAT Ltd's P/E is 23.5×, near the high end of its own history: higher than 71% of past readings. Its usual P/E (the middle reading) is 17.6×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹127.51. Why the multiple is where it is: over the past year earnings per share moved +47.7% while the price moved −17.4%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +21.3% a year; about +9.6% a year came from earnings growth and about +11.7 percentage points from the multiple (the market paying more); over 10 years the price moved +10.7% a year; about +2.9% a year came from earnings growth and about +7.8 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the CEAT business getting better or worse? CEAT Ltd's business is slowing from a peak. Profit and EPS growth have slowed sharply (profit growth from +763.6% at its peak to +4.3% now), while ROCE is still 16.7%. This is based on 12 quarters of 4 measures. Why it matters: slowing from a peak is where good stories often end quietly. ## How much does CEAT earn on its capital? CEAT Ltd earned a ROCE of 19% in FY26. That is up from a low of 6% in FY22. Its return on capital used (ROIC) is 2.4 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 4.4% net margin and 1.13× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 4.4% net margin × 1.13× asset turnover × 2.76× leverage (assets divided by equity) ≈ 13.7% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 9.6% − 12.0% = −2.4 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 9.6% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 13.2%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does CEAT have too much debt? CEAT Ltd has total debt of ₹4,065 Cr against shareholder equity of ₹4,969 Cr as of Sep 2026, so its debt is 0.82× its equity. Year by year, that ratio went from 0.68 in FY22 to 0.65 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the CEAT shareholding pattern? Domestic institutions raised their stake in CEAT Ltd by 3.5 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 23.3% of the company. Foreign institutions moved −3.2 points over the same period, to 13.4%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: +3.5 points over 8 quarters, to 23.3%; Foreign institutions: −3.2 points over 8 quarters, to 13.4%; Promoters: +0.1 points over 8 quarters, to 47.3%. Why the owners changed: foreign institutions moved −3.2 points and domestic institutions +3.5 points over 8 quarters, while promoters stayed about the same. One group of institutions took over shares from the other; it is not a change of mind by the people running the company. ## How far is CEAT from balance-sheet trouble? For CEAT Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does CEAT rank in its industry? 56.0 out of 100, rank 3 of 8 in Tyres & Tubes, with 85% of the evidence available. CEAT Ltd scores 56.0 out of 100 against the 8 companies it is compared with in Tyres & Tubes, ranking 3. The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. The four parts add up to the total exactly: 15.7 + 17.4 + 13.5 + 9.4 = 56. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is CEAT compared with? CEAT ranks 3 of 8 Tyres & Tubes companies on the 4-Factor Sector Score, with 56.0 out of 100. 1. [MRF Ltd](https://www.sectoralpha.in/stocks/mrf-ltd) MRF · quiet · Evidence leans up · 81% evidence 63.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.8/35 · Revenue 11.4% · Profit 34.5% · Operating margin change -2 points · 88% evidence Capital efficiency 18.3/25 · ROCE 15.7% · Operating margin 12% · 100% evidence Valuation 15.9/20 · P/E 20.1× · PEG 0.69 · 100% evidence Relative strength 8.9/20 · Lead over its industry n/a · Lead over NIFTY 500 -9.5% · 1 year -25.9% · 25% evidence · 0 of 12 weeks ahead Exact sum: 20.8 + 18.3 + 15.9 + 8.9 = 63.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Apollo Tyres Ltd](https://www.sectoralpha.in/stocks/apollo-tyres-ltd) APOLLOTYRE · quiet · Evidence leans up · 81% evidence 56.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.5/35 · Revenue 11.2% · Profit 100% · Operating margin change -1 points · 88% evidence Capital efficiency 13.6/25 · ROCE 13.9% · Operating margin 12% · 100% evidence Valuation 12.0/20 · P/E 11.3× · PEG 2.16 · 100% evidence Relative strength 8.4/20 · Lead over its industry n/a · Lead over NIFTY 500 -10.3% · 1 year -24.3% · 25% evidence · 5 of 12 weeks ahead Exact sum: 22.5 + 13.6 + 12 + 8.4 = 56.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. CEAT Ltd this page CEATLTD · basing · Evidence leans up · 85% evidence 56.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.7/35 · Revenue 24.5% · Profit 4.3% · Operating margin change -3 points · 100% evidence Capital efficiency 17.4/25 · ROCE 19.2% · Operating margin 10% · 100% evidence Valuation 13.5/20 · P/E 21.8× · PEG 0.55 · 100% evidence Relative strength 9.4/20 · Lead over its industry n/a · Lead over NIFTY 500 -9% · 1 year -23.4% · 25% evidence · 2 of 12 weeks ahead Exact sum: 15.7 + 17.4 + 13.5 + 9.4 = 56 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 4. [Rajratan Global Wire Ltd](https://www.sectoralpha.in/stocks/rajratan-global-wire-ltd) RAJRATAN · losing its lead · Evidence leans up · 100% evidence 55.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.6/35 · Revenue 29.2% · Profit 40.7% · Operating margin change -2 points · 100% evidence Capital efficiency 12.2/25 · ROCE 13.2% · Operating margin 12% · 100% evidence Valuation 9.3/20 · P/E 25.9× · PEG 1.33 · 100% evidence Relative strength 12.6/20 · Lead over its industry 5.3% · Lead over NIFTY 500 -0.4% · 1 year -1.7% · 100% evidence · 7 of 12 weeks ahead Exact sum: 21.6 + 12.2 + 9.3 + 12.6 = 55.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Balkrishna Industries Ltd](https://www.sectoralpha.in/stocks/balkrishna-industries-ltd) BALKRISIND · quiet · Evidence leans down · 96% evidence 47.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.8/35 · Revenue 9.8% · Profit -3.3% · Operating margin change 4 points · 88% evidence Capital efficiency 9.7/25 · ROCE 11.2% · Operating margin 22% · 100% evidence Valuation 14.0/20 · P/E 28.5× · PEG 0.66 · 100% evidence Relative strength 10.7/20 · Lead over its industry 1.4% · Lead over NIFTY 500 -4% · 1 year -9.1% · 100% evidence · 4 of 12 weeks ahead Exact sum: 12.8 + 9.7 + 14 + 10.7 = 47.2 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 6. [TVS Srichakra Ltd](https://www.sectoralpha.in/stocks/tvs-srichakra-ltd) TVSSRICHAK · breaking out · Evidence leans down · 81% evidence 47.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.2/35 · Revenue 18.6% · Profit 100% · Operating margin change 2 points · 88% evidence Capital efficiency 4.8/25 · ROCE 7.8% · Operating margin 8% · 100% evidence Valuation 1.8/20 · P/E 30.6× · PEG 5.11 · 100% evidence Relative strength 12.2/20 · Lead over its industry n/a · Lead over NIFTY 500 3.5% · 1 year -1.5% · 25% evidence · 12 of 12 weeks ahead Exact sum: 28.2 + 4.8 + 1.8 + 12.2 = 47 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [JK Tyre & Industries Ltd](https://www.sectoralpha.in/stocks/jk-tyre-industries-ltd) JKTYRE · quiet · Evidence leans down · 67% evidence 46.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.5/35 · Revenue 12.5% · Profit -8.7% · Operating margin change -6 points · 95% evidence Capital efficiency 13.0/25 · ROCE 15.5% · Operating margin 7% · 76% evidence Valuation 11.5/20 · P/E 15.5× · PEG n/a · 50% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -24.6% · 1 year -30.1% · 25% evidence · 0 of 12 weeks ahead Exact sum: 14.5 + 13 + 11.5 + 7.5 = 46.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Goodyear India Ltd](https://www.sectoralpha.in/stocks/goodyear-india-ltd) GOODYEAR · quiet · Evidence leans down · 81% evidence 44.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 11.7/35 · Revenue 0.8% · Profit 21.9% · Operating margin change -3 points · 88% evidence Capital efficiency 13.8/25 · ROCE 17.4% · Operating margin 1.3% · 100% evidence Valuation 11.2/20 · P/E 24.9× · PEG 0.64 · 100% evidence Relative strength 8.0/20 · Lead over its industry n/a · Lead over NIFTY 500 -10.7% · 1 year -32.1% · 25% evidence · 0 of 12 weeks ahead Exact sum: 11.7 + 13.8 + 11.2 + 8 = 44.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Tyres & Tubes](https://www.sectoralpha.in/sectors/tyres-tubes), all 8 compared on one page. ## Which companies are close to CEAT in size? CEAT is the 4th largest of 8 Tyres & Tubes companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: MRF, Balkrishna Industries and Apollo Tyres. Just below it: JK Tyre & Industries, TVS Srichakra and Rajratan Global Wire. ### Tyres & Tubes companies close in size

1. [MRF Ltd](https://www.sectoralpha.in/stocks/mrf-ltd) ₹49,526 crore
2. [Balkrishna Industries Ltd](https://www.sectoralpha.in/stocks/balkrishna-industries-ltd) ₹40,067 crore
3. [Apollo Tyres Ltd](https://www.sectoralpha.in/stocks/apollo-tyres-ltd) ₹24,099 crore
4. CEAT Ltd ₹12,488 crore
5. [JK Tyre & Industries Ltd](https://www.sectoralpha.in/stocks/jk-tyre-industries-ltd) ₹8,701 crore
6. [TVS Srichakra Ltd](https://www.sectoralpha.in/stocks/tvs-srichakra-ltd) ₹3,139 crore
7. [Rajratan Global Wire Ltd](https://www.sectoralpha.in/stocks/rajratan-global-wire-ltd) ₹2,155 crore

[All 8 Tyres & Tubes companies, largest first](https://www.sectoralpha.in/sectors/tyres-tubes#all-companies)

### Companies close in size in other industries

1. [Amara Raja Energy & Mobility Ltd](https://www.sectoralpha.in/stocks/amara-raja-energy-mobility-ltd) ₹12,571 crore · Auto Ancillaries - Batteries
2. [Privi Speciality Chemicals Ltd](https://www.sectoralpha.in/stocks/privi-speciality-chemicals-ltd) ₹12,571 crore · Speciality Chemicals
3. CEAT Ltd ₹12,488 crore
4. [Balrampur Chini Mills Ltd](https://www.sectoralpha.in/stocks/balrampur-chini-mills-ltd) ₹12,476 crore · Sugar
5. [CCL Products (India) Ltd](https://www.sectoralpha.in/stocks/ccl-products-indialtd) ₹12,445 crore · FMCG - Coffee

## What else do people ask about CEAT? ### What is CEAT's share price today? CEAT Ltd's share price is ₹3,331.10, −17.4% over the past year. The whole company is worth ₹13,475 Cr on the market. In the last 52 weeks it traded between ₹3,060 to ₹4,026; today it is 28% of the way up from the low, 3.4% below its 200-day average (as of 3 November 2026). ### What were CEAT's latest quarterly results? CEAT Ltd reported revenue of ₹4,762 Cr and net profit of ₹112 Cr for the Sep 2026 quarter. Revenue rose 26.2% and profit fell 39.8% compared with a year earlier. Earnings per share were ₹27.69. The operating margin was 10.0%, 3.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is CEAT's market cap? CEAT Ltd's market capitalisation is ₹13,475 Cr at a share price of ₹3,331.10. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is CEAT performing? CEAT Ltd's share price has been falling for 6 weeks. In its latest quarter, revenue rose 26.2% and profit fell 39.8% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 7 weeks running (as of 3 November 2026). ### Will CEAT's share price go up? This page does not forecast CEAT Ltd's share price. What it shows instead: the share price is ₹3,331.10, and it has been falling for 6 weeks. Its P/E of 23.5× is higher than 71% of its own last 11 years (as of 3 November 2026). ### Does CEAT have too much debt? CEAT Ltd has a moderate amount of debt: its debt is 0.65× its equity, and its operating profit is 6 times its interest bill. FY26 borrowings were ₹3,272 Cr against equity of ₹5,046 Cr. Keep that borrowing in mind when reading the returns on this page (as of 3 November 2026). ### Where is CEAT in its business cycle? CEAT Ltd's FY26 operating margin was 13.0%, against a 13-year range of 8.0% to 14.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 10.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the CEAT story? The main question: yearly earnings per share moved +47.7% while the share price moved −17.4%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is CEAT a stock worth studying right now? What the numbers show: CEAT Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a CEAT share price forecast for 2026? What management itself guided: Q3 raw material cost up about 3-3.5% over Q2, taking cumulative rise to about 27% over March exit. ## Lists

- 52 week high & low: https://www.sectoralpha.in/52-week-high-stocks-india
- Small & mid cap stocks: https://www.sectoralpha.in/small-cap-stocks-india

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