GOODYEAR INDIA  
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The Current P/E Ratio of GOODYEAR INDIA  is 51.42.
                
| Share Price | ₹983.9 | Nov 03,2025 | 
| Market Cap | ₹2,272.7 Cr | |
| Earnings-TTM | ₹44.2 Cr | TTM-Standalone Results | 
| Price/Earnings | 51.42x | 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 [ ₹2,272.7 Cr] as on Nov 03,2025                     
                    (/) Earnings [ ₹44.2 Cr] based on TTM-Standalone Results
                                    
                
                (=) P/E Ratio [ 51.42x ]
            
Thus, for GOODYEAR INDIA , the investors are currently willing to pay 51.42 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 Mar2025 to Mar2021 averaged 23.19x.
- GOODYEAR INDIA 's operated at median p/e ratio of 20.05x 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 Mar2021 of 15.09x.
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 | 44.20 | 51.42 | 2,272.7 | 
| BALKRISHNA INDUSTRIES LTD | 1,379.52 | 32.22 | 44,453.3 | 
| MRF LTD | 1,798.74 | 37.32 | 67,131.9 | 
| APOLLO TYRES LTD | 831.49 | 38.96 | 32,393.3 | 
| CEAT LTD | 477.16 | 34.17 | 16,304.8 | 
| JK TYRE & INDUSTRIES LTD | 537.18 | 22.57 | 12,124.0 | 
| TVS SRICHAKRA LTD | 26.71 | 117.93 | 3,150.0 | 
| TOLINS TYRES LTD | 39.07 | 18.90 | 738.4 | 
Tyres & Allied Industry Benchmark (Top 10) PE Analysis vs GOODYEAR INDIA 's P/E Ratio
| Top 10 Industry Peers | PE Ratio | 
|---|---|
| Min industry PE | 18.90x | 
| Max industry PE | 117.93x | 
| Median industry PE | 37.32x | 
| Average industry PE | 44.19x | 
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