GOODYEAR INDIA
|
The Current P/E Ratio of GOODYEAR INDIA is 30.22.
| Share Price | ₹705.1 | Sep 30,2026 |
| Market Cap | ₹1,628.8 Cr | |
| Earnings-TTM | ₹53.9 Cr | TTM-Standalone Results |
| Price/Earnings | 30.22x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of GOODYEAR INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,628.8 Cr] as on Sep 30,2026
(/) Earnings [ ₹53.9 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 30.22x ]
Thus, for GOODYEAR INDIA , the investors are currently willing to pay 30.22 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of GOODYEAR INDIA !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of GOODYEAR INDIA over the last five years.
Historical PE (Price/Earnings) ratio chart of GOODYEAR INDIA
PE Ratio Performance Analysis for GOODYEAR INDIA
- GOODYEAR INDIA 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 25.15x.
- GOODYEAR INDIA 's operated at median p/e ratio of 24.9x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GOODYEAR INDIA 's p/e ratio peaked in Mar2025 at 34.09x.
- GOODYEAR INDIA 's p/e ratio hit its five-year low in Mar2022 of 19.9x.
How does GOODYEAR INDIA 's P/E Ratio benchmark against top 10 peers in Tyres & Allied Industry?
| Peer Comparison (Tyres & Allied Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| GOODYEAR INDIA | 53.90 | 30.22 | 1,628.8 |
| MRF LTD | 2,415.07 | 22.00 | 53,142.9 |
| BALKRISHNA INDUSTRIES LTD | 1,405.57 | 29.13 | 40,948.4 |
| APOLLO TYRES LTD | 1,707.82 | 15.03 | 25,670.8 |
| CEAT LTD | 566.60 | 23.31 | 13,209.0 |
| JK TYRE & INDUSTRIES LTD | 662.07 | 15.11 | 10,003.7 |
| TVS SRICHAKRA LTD | 92.25 | 37.16 | 3,427.8 |
| TOLINS TYRES LTD | 32.57 | 10.46 | 340.6 |
| DOLFIN RUBBERS LTD | 6.21 | 28.10 | 174.4 |
Tyres & Allied Industry Benchmark (Top 10) PE Analysis vs GOODYEAR INDIA 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 10.46x |
| Max industry PE | 37.16x |
| Median industry PE | 23.31x |
| Average industry PE | 23.39x |
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