JK Tyre & Industries vs Apollo Tyres Which Is Stronger?

Jk Tyre & Industries and Apollo Tyres are two prominent players in the Indian tire industry, both competing for market share and investor interest. Jk Tyre has a strong presence in both domestic and international markets, boasting a diverse product portfolio and a solid track record of growth. Apollo Tyres, on the other hand, has also established a strong foothold in the industry with a focus on innovation and strong brand presence. Investors keen on tapping into the potential of the tire industry may find opportunities in both Jk Tyre & Industries and Apollo Tyres stocks.

JK Tyre & Industries or Apollo Tyres?

When comparing JK Tyre & Industries and Apollo Tyres, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between JK Tyre & Industries and Apollo Tyres.

Dividend Investors:

Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company. JK Tyre & Industries has a dividend yield of 1.1%, while Apollo Tyres has a dividend yield of 1.11%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. JK Tyre & Industries reports a 5-year dividend growth of 5.92% year and a payout ratio of 0.00%. On the other hand, Apollo Tyres reports a 5-year dividend growth of -30.12% year and a payout ratio of 0.00%.

Value Investors:

Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with JK Tyre & Industries P/E ratio at 15.20 and Apollo Tyres's P/E ratio at 23.71. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. JK Tyre & Industries P/B ratio is 2.38 while Apollo Tyres's P/B ratio is 2.40.

Growth Investors:

Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, JK Tyre & Industries has seen a 5-year revenue growth of 0.26%, while Apollo Tyres's is 0.30%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with JK Tyre & Industries's ROE at 16.68% and Apollo Tyres's ROE at 10.53%.

Retail Investors:

Retail investors often consider stock affordability and company familiarity. For example, day low prices are ₹405.95 for JK Tyre & Industries and ₹536.65 for Apollo Tyres. Over the past year, JK Tyre & Industries's prices ranged from ₹345.20 to ₹553.95, with a yearly change of 60.47%. Apollo Tyres's prices fluctuated between ₹419.25 and ₹584.90, with a yearly change of 39.51%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.