Ashok Leyland Limited
Ashok Leyland Limited, together with its subsidiaries, engages in the manufacture and sale of commercial vehicles in India and internationally. It offers buses; haulage and ICV trucks, as well as tractors and tippers; light commercial vehicles goods carriers and passenger, as well as small commercial vehicles goods carriers; and defense vehicles comprising logistics, high mobility, armored, and s… Read more
Market Cap & Net Worth: Ashok Leyland Limited (ASHOKLEY)
Ashok Leyland Limited (NSE:ASHOKLEY) has a market capitalization of $11.57 Billion (₹1.00 Trillion) as of March 18, 2026. Listed on the NSE stock exchange, this India-based company holds position #2259 globally and #52 in its home market, demonstrating a -15.95% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Ashok Leyland Limited's stock price ₹170.65 by its total outstanding shares 5873854552 (5.87 Billion).
Ashok Leyland Limited Market Cap History: 2015 to 2026
Ashok Leyland Limited's market capitalization history from 2015 to 2026. Data shows growth from $5.10 Billion to $11.57 Billion (7.28% CAGR).
Index Memberships
Ashok Leyland Limited is a constituent of 12 market indices:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NIFTY AUTO
CNXAUTO
|
$85.16 Billion | 7.83% | #6 of 15 |
|
NIFTY INFRA
CNXINFRA
|
$216.60 Billion | 3.08% | #10 of 30 |
|
NIFTY MIDCAP 100
NIFMDCP100
|
$274.55 Billion | 2.43% | #4 of 100 |
|
NIFTY MIDCAP LIQUID 15
NIFML15
|
$63.55 Billion | 10.49% | #4 of 15 |
|
NIFTY 200
NIFTY200
|
$1.08 Trillion | 0.62% | #47 of 200 |
|
NIFTY 500
NIFTY500
|
$1.33 Trillion | 0.50% | #47 of 500 |
|
NIFTY MIDCAP 150
NIFTYMIDCAP150
|
$342.17 Billion | 1.95% | #4 of 150 |
|
NIFTY MIDCAP SELECT
NIFTYMIDSELECT
|
$110.40 Billion | 6.04% | #3 of 25 |
|
NIFTY MIDSMALLCAP 400
NIFTYMIDSML400
|
$535.62 Billion | 1.24% | #6 of 400 |
|
NIFTY MNC
NIFTYMNC
|
$121.54 Billion | 5.49% | #7 of 30 |
|
NIFTY TOTAL MARKET
NIFTYTOTALMKT
|
$1.39 Trillion | 0.48% | #48 of 750 |
|
NIFTY MIDCAP 50
NIMDCP50
|
$176.23 Billion | 3.78% | #3 of 50 |
Weight: Ashok Leyland Limited's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Ashok Leyland Limited Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Ashok Leyland Limited's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.03x
Ashok Leyland Limited's market cap is 0.03 times its annual revenue
689.70x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
0.39x
Ashok Leyland Limited's market cap is 0.39 times its annual earnings
7.02x
Lower than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $4.69 Billion | $208.71 Billion | $6.82 Billion | 0.02x | 0.69x |
| 2017 | $7.08 Billion | $224.95 Billion | $15.89 Billion | 0.03x | 0.45x |
| 2018 | $6.21 Billion | $292.41 Billion | $17.60 Billion | 0.02x | 0.35x |
| 2019 | $5.14 Billion | $327.53 Billion | $20.79 Billion | 0.02x | 0.25x |
| 2020 | $6.06 Billion | $217.48 Billion | $3.37 Billion | 0.03x | 1.80x |
| 2021 | $7.82 Billion | $193.78 Billion | -$1.65 Billion | 0.04x | N/A |
| 2022 | $9.22 Billion | $261.10 Billion | -$3.59 Billion | 0.04x | N/A |
| 2023 | $11.86 Billion | $414.88 Billion | $12.39 Billion | 0.03x | 0.96x |
| 2024 | $14.96 Billion | $456.05 Billion | $24.84 Billion | 0.03x | 0.60x |
| 2025 | $12.15 Billion | $485.35 Billion | $31.07 Billion | 0.03x | 0.39x |
Competitor Companies of ASHOKLEY by Market Capitalization
Companies near Ashok Leyland Limited in the global market cap rankings as of March 18, 2026.
Key companies related to Ashok Leyland Limited by market ranking:
- Caterpillar Inc (NYSE:CAT): Ranked #39 globally with a market cap of $325.48 Billion USD.
- Deere & Company (NYSE:DE): Ranked #114 globally with a market cap of $154.33 Billion USD.
- PACCAR Inc (NASDAQ:PCAR): Ranked #368 globally with a market cap of $59.55 Billion USD.
- AB Volvo (publ) (PINK:VOLAF): Ranked #381 globally with a market cap of $57.01 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #39 | Caterpillar Inc | NYSE:CAT | $325.48 Billion | $699.78 |
| #114 | Deere & Company | NYSE:DE | $154.33 Billion | $572.48 |
| #368 | PACCAR Inc | NASDAQ:PCAR | $59.55 Billion | $115.63 |
| #381 | AB Volvo (publ) | PINK:VOLAF | $57.01 Billion | $29.35 |
Ashok Leyland Limited Historical Marketcap From 2015 to 2026
Between 2015 and today, Ashok Leyland Limited's market cap moved from $5.10 Billion to $ 11.57 Billion, with a yearly change of 7.28%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | ₹11.57 Billion | -4.77% |
| 2025 | ₹12.15 Billion | -18.73% |
| 2024 | ₹14.96 Billion | +26.10% |
| 2023 | ₹11.86 Billion | +28.63% |
| 2022 | ₹9.22 Billion | +17.93% |
| 2021 | ₹7.82 Billion | +28.92% |
| 2020 | ₹6.06 Billion | +18.04% |
| 2019 | ₹5.14 Billion | -17.26% |
| 2018 | ₹6.21 Billion | -12.33% |
| 2017 | ₹7.08 Billion | +50.93% |
| 2016 | ₹4.69 Billion | -7.94% |
| 2015 | ₹5.10 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of Ashok Leyland Limited was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $11.57 Billion USD |
| MoneyControl | $11.57 Billion USD |
| MarketWatch | $11.57 Billion USD |
| marketcap.company | $11.57 Billion USD |
| Reuters | $11.57 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.