GOODYEAR INDIA
|
The Current P/E Ratio of GOODYEAR INDIA is 32.91.
| Share Price | ₹768.0 | Aug 27,2026 |
| Market Cap | ₹1,774.1 Cr | |
| Earnings-TTM | ₹53.9 Cr | TTM-Standalone Results |
| Price/Earnings | 32.91x | 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 [ ₹1,774.1 Cr] as on Aug 27,2026
(/) Earnings [ ₹53.9 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 32.91x ]
Thus, for GOODYEAR INDIA , the investors are currently willing to pay 32.91 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 | 32.91 | 1,774.1 |
| MRF LTD | 2,415.07 | 23.44 | 56,616.7 |
| BALKRISHNA INDUSTRIES LTD | 1,405.57 | 32.36 | 45,478.8 |
| APOLLO TYRES LTD | 1,707.82 | 16.49 | 28,160.4 |
| CEAT LTD | 566.60 | 25.08 | 14,208.7 |
| JK TYRE & INDUSTRIES LTD | 662.07 | 16.48 | 10,910.3 |
| TVS SRICHAKRA LTD | 92.25 | 43.54 | 4,016.5 |
| TOLINS TYRES LTD | 32.57 | 11.54 | 375.9 |
| DOLFIN RUBBERS LTD | 6.21 | 27.00 | 167.6 |
Tyres & Allied Industry Benchmark (Top 10) PE Analysis vs GOODYEAR INDIA 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 11.54x |
| Max industry PE | 43.54x |
| Median industry PE | 25.08x |
| Average industry PE | 25.43x |
You may also like the below Video Courses