International Science Community Association Research Journal of Management Sciences 2319 - 1171 6 2 2017 02 6 Portfolio management and performance evaluation ratios 12 18 EN Gangrade Shailendra 1 Prestige Institute of Management and Research, Indore, MP, India Loya Arpit 2 Prestige Institute of Management and Research, Indore, MP, India Sharma Monika 1 Barkatullah University, Bhopal, India Dubey Nishith 2 National Institute of Technical Teacher Training and Research Bhopal, India Mortezaee Mojtaba 1 Dept. of Accounting, Mashhad Branch, Islamic Azad University, Mashhad, Iran Govahi Majid 2 Dept. of Accounting, Mashhad Branch, Islamic Azad University, Mashhad, Iran > Research Paper 2016 11 21 2017 02 6 The purpose of this present research is to examine the effectiveness of portfolio management in automotive industries of Iran as a one of the most important industries in Iran, and also in Tehran stock exchange (TSE) during the period between2010 and 2015. In order to examine companies’ performance based on different portfolio theories; by using Sharp, Sortino and Sterling ratios. The results show that there is a meaningful difference between our statistical samples of study. Sterling’s ratio compare to other ratio showed a better performance. And also, except for Sortino ratio, other ratios showed a better operation of the automotive industries compared to market. Finally, the results of Kruska-Wallis test and the Square Statistic presented that using all the three types of these ratios in ranking the companies have not the similar results. Copyright@ International Science Community Association