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GOODYEAR INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of GOODYEAR INDIA is 31.50.

Share Price ₹735.0Sep 02,2026
Market Cap ₹1,697.9 Cr
Earnings-TTM₹53.9 CrTTM-Standalone Results
Price/Earnings31.50xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of GOODYEAR INDIA

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of GOODYEAR INDIA is calculated as :

Current Market Cap [ ₹1,697.9 Cr] as on Sep 02,2026

(/) Earnings [ ₹53.9 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 31.50x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for GOODYEAR INDIA , the investors are currently willing to pay 31.50 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 latest p/e ratio is 31.50x.

- 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 RatioMarket Cap
GOODYEAR INDIA 53.9031.501,697.9
MRF LTD2,415.0723.2156,057.1
BALKRISHNA INDUSTRIES LTD1,405.5732.0345,022.6
APOLLO TYRES LTD1,707.8216.1527,579.3
CEAT LTD566.6023.8913,534.8
JK TYRE & INDUSTRIES LTD662.0716.1210,669.6
TVS SRICHAKRA LTD92.2545.024,153.2
TOLINS TYRES LTD32.5711.17363.8
DOLFIN RUBBERS LTD6.2127.38169.9

Tyres & Allied Industry Benchmark (Top 10) PE Analysis vs GOODYEAR INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 11.17x
Max industry PE 45.02x
Median industry PE 23.89x
Average industry PE 25.16x



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