NSE ScannerComparison · NSE · data 2026-11-01
CEAT Limited vs MRF Limited
In plain words
Size: MRF Limited is about 4 times the market value of CEAT Limited.
Valuation (P/E): CEAT Limited 24.2 vs MRF Limited 20.5.
Return on equity: CEAT Limited 14.8% vs MRF Limited 12.3%.
Profit growth over 3 years: CEAT Limited 55.4% a year vs MRF Limited 46.7% a year.
Debt to equity: CEAT Limited 0.65 vs MRF Limited 0.15.
Differences in the numbers, not a recommendation of either stock.
Side by side
| CEATLTD | MRF | |
|---|---|---|
| Price | ₹3,087.2 | ₹1,16,775 |
| Market cap | ₹12,501 cr | ₹49,540 cr |
| P/E | 24.2 | 20.5 |
| P/B | 2.5 | — |
| ROE | 14.8% | 12.3% |
| ROCE | 19.0% | 14.5% |
| Debt / equity | 0.65 | 0.15 |
| Operating margin | 7.0% | 9.6% |
| Dividend yield | 1.13% | 0.20% |
| Sales growth, 3 years (yearly) | 11.5% | 10.6% |
| Profit growth, 3 years (yearly) | 55.4% | 46.7% |
| 1-year return | -23.5% | -27.1% |
| Revenue, last 12 months | ₹17,456 cr | ₹31,889 cr |
| Net profit, last 12 months | ₹516 cr | ₹2,415 cr |
| Latest quarter | Sept 2026 | Jun 2026 |
| Quarter net profit | ₹112 cr | ₹495 cr |
| Quarter profit vs a year earlier | -39.8% | -1.0% |
| Promoter holding | 47.29% | 27.61% |
| Health check | Average (5.7/10) | Average (6.2/10) |
Common questions
Which has a higher P/E, CEAT Limited or MRF Limited?
CEAT Limited trades at the higher P/E (24.2 against 20.5). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
CEAT Limited (14.8% against 12.3%).
Which carries more debt?
CEAT Limited has the higher debt-to-equity ratio (0.65 against 0.15).