Case study

BAJAJ-AUTO

Bajaj Auto Limited

Worth a closer look1y model +7.4%

Each stock's 10,000-path forecast, rendered as light.

66Score

Bajaj Auto Limited (BAJAJ-AUTO) Stock Analysis & Case Study

Is BAJAJ-AUTO a good buy? The data-driven verdict.

Bajaj Auto Limited (BAJAJ-AUTO) trades at ₹11,662,on the numbers it worth a closer look, a Downstox Snapshot Score of 66/100.

On the numbers, Bajaj Auto Limited (BAJAJ-AUTO) worth a closer look, a Downstox Snapshot Score of 66/100, weighing premium at 27.2× earnings, ROE of 29.2%, a 61% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

BAJAJ-AUTO fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹3.20L Cr
Current price
₹11,662
P/E ratio
27.2×
P/B ratio
8.40×
Book value
₹1,389
Dividend yield
1.29%
ROCE
28.2%
ROE
29.2%
Piotroski F-Score
6/8

How BAJAJ-AUTO ranks against the 2,373 companies in our screener

Is BAJAJ-AUTO overvalued? BAJAJ-AUTO P/E vs its Auto

BAJAJ-AUTO's P/E of 27.2× sits below the Auto peer median of 28.7×, so on earnings it screens in line with peers, while its 1.29% dividend yield is above the peer median of 1.02%.

BAJAJ-AUTO P/E
27.2×
Peer median P/E
28.7×
BAJAJ-AUTO div yield
1.29%
Peer median yield
1.02%

BAJAJ-AUTO share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of BAJAJ-AUTO history (14%/yr drift, 26%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
BAJAJ-AUTO 2027₹8,953₹12,529₹17,532+7%
BAJAJ-AUTO 2028₹8,434₹13,460₹21,482+15%
BAJAJ-AUTO 2029₹8,092₹14,461₹25,841+24%
BAJAJ-AUTO 2030₹8,029₹15,536₹30,060+33%
BAJAJ-AUTO 2031₹7,946₹16,691₹35,057+43%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability BAJAJ-AUTO goes up, or doubles?

61%
Higher in 1 year
Modelled chance the price is above today in 12 months
73%
Higher in 5 years
Modelled chance the price is above today in 5 years
29%
Doubles in 5 years
Modelled chance of reaching ₹23,324 within 5 years

The bull case for BAJAJ-AUTO

  • BAJAJ-AUTO's return on equity of 29.2% ranks in the 93rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • BAJAJ-AUTO's return on capital employed of 28.2% ranks in the 91st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • A 10,000-path probability model puts a 61% chance the price is higher in a year, with a median target of ₹12,529 (+7%).
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹25,841.

The bear case & risks

  • BAJAJ-AUTO's P/E of 27.2x is lower than 50% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • A steep 8.4× price-to-book means most of the value is intangible/expectations, not assets on the books.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹8,092.

BAJAJ-AUTO volatility & expected range, how bumpy is the ride?

Over the last 9.8 years BAJAJ-AUTO compounded at 14%/year with annualized volatility of 26%. That volatility implies a 1-year 80% range of ₹8,953-₹17,532, the honest backbone behind any single price target.

BAJAJ-AUTO price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
7.4%
80% range₹8,953-₹17,532
P(price ↑)61%
P(price 2×)1%
3-Year Forecast
2029
₹0
Median (P50)
24.0%
80% range₹8,092-₹25,841
P(price ↑)68%
P(price 2×)15%
5-Year Forecast
2031
₹0
Median (P50)
43.1%
80% range₹7,946-₹35,057
P(price ↑)73%
P(price 2×)29%

BAJAJ-AUTO price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
BAJAJ-AUTO simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds BAJAJ-AUTO hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the BAJAJ-AUTO price target & forecast page.

BAJAJ-AUTO Piotroski F-Score: 6/8, how financially strong is it?

6/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. BAJAJ-AUTO scores 6/8, mixed financial health.

BAJAJ-AUTO MTF margin & leverage across 10 brokers

Margin Trading Facility lets you buy BAJAJ-AUTO with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox23.88%4.2×
Zerodha23.30%4.3×
Groww23.31%4.3×
Dhan22.00%4.5×
Kotak NeoCHEAPEST20.37%4.9×
Paytm Money20.38%4.9×
Pocketful27.07%3.7×
Fyers27.78%3.6×
Anand Rathi27.35%3.7×
Share India27.35%3.7×

Compare every broker on the BAJAJ-AUTO MTF page.

BAJAJ-AUTO vs peers,Auto comparison

StockP/EDiv yieldMarket cap
BAJAJ-AUTO (this stock)27.2×1.29%₹3.20L Cr
MARUTI30.8×1.00%₹4.41L Cr
EICHERMOT37.8×1.02%₹2.20L Cr
HEROMOTOCO20.7×3.23%₹1.15L Cr
M&M22.7×0.94%₹4.35L Cr
TVSMOTOR61.0×0.27%₹2.11L Cr
ASHOKLEY28.7×1.97%₹1.04L Cr

Fundamentals from Screener.in, as of 9 Aug 2026

About Bajaj Auto Limited: sector, index & market-cap context

Bajaj Auto Limited (BAJAJ-AUTO) is a large-cap NSE-listed company in the Auto sector, and a constituent of the Nifty 50 index, with a market capitalisation of ₹3.20L Cr. See more stocks on our screener.

How the BAJAJ-AUTO Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Bajaj Auto Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

BAJAJ-AUTO analysis, FAQs

Is Bajaj Auto Limited (BAJAJ-AUTO) a good buy?

On the numbers, Bajaj Auto Limited (BAJAJ-AUTO) worth a closer look, a Downstox Snapshot Score of 66/100, weighing premium at 27.2× earnings, ROE of 29.2%, a 61% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is BAJAJ-AUTO overvalued or undervalued?

BAJAJ-AUTO trades at 27.2× earnings versus a peer median of 28.7×, so it screens cheaper than its Auto peers.

What is the BAJAJ-AUTO share price target for 2031?

BAJAJ-AUTO's probability-weighted 2031 median target is ₹16,691, with an 80% range of ₹7,946-₹35,057 (10,000-path Monte-Carlo).

What is the probability BAJAJ-AUTO doubles in 5 years?

The modelled probability of BAJAJ-AUTO reaching ₹23,324 (2×) within 5 years is 29%.

What is the bull case for BAJAJ-AUTO?

BAJAJ-AUTO's return on equity of 29.2% ranks in the 93rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. BAJAJ-AUTO's return on capital employed of 28.2% ranks in the 91st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. A 10,000-path probability model puts a 61% chance the price is higher in a year, with a median target of ₹12,529 (+7%).

What are the risks in BAJAJ-AUTO?

BAJAJ-AUTO's P/E of 27.2x is lower than 50% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. A steep 8.4× price-to-book means most of the value is intangible/expectations, not assets on the books.

More on BAJAJ-AUTO