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GOODYEAR INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of GOODYEAR INDIA is 41.08.

Share Price ₹980.2Jul 22,2025
Market Cap ₹2,264.1 Cr
Earnings-TTM₹55.1 CrTTM-Standalone Results
Price/Earnings41.08xCalculated 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 [ ₹2,264.1 Cr] as on Jul 22,2025

(/) Earnings [ ₹55.1 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 41.08x ]

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 41.08 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 41.08x.

- 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 RatioMarket Cap
GOODYEAR INDIA 55.1241.082,264.1
BALKRISHNA INDUSTRIES LTD1,654.9632.1853,256.9
MRF LTD1,869.2933.6462,885.6
APOLLO TYRES LTD1,120.6525.4728,541.4
CEAT LTD414.5134.1014,133.9
JK TYRE & INDUSTRIES LTD515.7918.759,672.9
TVS SRICHAKRA LTD20.52115.302,366.0
TOLINS TYRES LTD38.6816.72646.6

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

Top 10 Industry PeersPE Ratio
Min industry PE 16.72x
Max industry PE 115.30x
Median industry PE 33.64x
Average industry PE 39.66x



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