Bajaj Auto vs Hyundai Motor India: share price, P/E, ROE and financials compared
Bajaj Auto
Hyundai Motor India
Bajaj Auto and Hyundai Motor India at a glance
Bajaj Auto and Hyundai Motor India are both listed in Automobile and Auto Components. Bajaj Auto is the larger by market cap, at ₹3.0L Cr against ₹1.7L Cr for Hyundai Motor India (1.7 times as large). On valuation, Bajaj Auto has the lower P/E (23.3× against 37.8×) and the lower price-to-book (8.21× against 8.50×). On returns and margins, Bajaj Auto has the higher ROE (35.6% against 24.1%) and the higher operating margin (21.0% against 10.3%), while Hyundai Motor India has the higher ROCE (32.6% against 26.1%). Over three years, Bajaj Auto has faster 3-year sales growth (+19.5% against +5.5% a year) and faster 3-year profit growth (+21.0% against +4.9% a year). Hyundai Motor India carries less debt for its equity, with a debt-to-equity of 0.03× against 0.70×.
Key metrics, side by side
| Metric | Bajaj AutoBAJAJ-AUTO | Hyundai Motor IndiaHYUNDAI |
|---|---|---|
| Price (₹) | 10,900.00 | 2,130.00 |
| Market cap (₹ Cr) | 2,99,536 | 1,73,071 |
| P/E | 23.3× (the lower figure, shaded) | 37.8× |
| P/B | 8.21× (the lower figure, shaded) | 8.50× |
| Dividend yield, trailing | 1.38% (the higher figure, shaded) | 0.99% |
| ROE | 35.6% (the higher figure, shaded) | 24.1% |
| ROCE | 26.1% | 32.6% (the higher figure, shaded) |
| Operating margin (OPM) | 21.0% (the higher figure, shaded) | 10.3% |
| Net margin (NPM) | 16.0% (the higher figure, shaded) | 6.2% |
| Sales CAGR 3Y | +19.5% (the higher figure, shaded) | +5.5% |
| Profit CAGR 3Y | +21.0% (the higher figure, shaded) | +4.9% |
| Debt to equity | 0.70× | 0.03× (the lower figure, shaded) |
| Interest cover | 12.9× | 69.0× (the higher figure, shaded) |
| Net profit TTM (₹ Cr) | 13,073 | 4,575 |
| 1Y return | +22.9% (the higher figure, shaded) | −11.4% |
| Promoter holding | 55.95% | – |
Bajaj Auto vs Hyundai Motor India: common questions
Which is bigger, Bajaj Auto or Hyundai Motor India?
By market cap, Bajaj Auto is bigger at ₹3.0L Cr, against ₹1.7L Cr for Hyundai Motor India (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹13,073 Cr for Bajaj Auto and ₹4,575 Cr for Hyundai Motor India.
Which has a lower P/E ratio, Bajaj Auto or Hyundai Motor India?
Bajaj Auto trades at a P/E of 23.3× and Hyundai Motor India at 37.8×. Bajaj Auto has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Bajaj Auto or Hyundai Motor India?
Bajaj Auto reports a return on equity of 35.6% and Hyundai Motor India 24.1%. Bajaj Auto has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Bajaj Auto or Hyundai Motor India?
Over the last three years: Sales grew +19.5% a year at Bajaj Auto and +5.5% at Hyundai Motor India, so Bajaj Auto grew sales faster; profit grew +21.0% a year at Bajaj Auto and +4.9% at Hyundai Motor India, so Bajaj Auto grew profit faster. Past growth doesn’t predict future growth.