GOODYEAR INDIA
|
The Current P/E Ratio of GOODYEAR INDIA is 28.08.
| Share Price | ₹747.6 | Jun 16,2026 |
| Market Cap | ₹1,727.0 Cr | |
| Earnings-TTM | ₹61.5 Cr | TTM-Standalone Results |
| Price/Earnings | 28.08x | 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 [ ₹1,727.0 Cr] as on Jun 16,2026
(/) Earnings [ ₹61.5 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 28.08x ]
Thus, for GOODYEAR INDIA , the investors are currently willing to pay 28.08 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 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 | 61.50 | 28.08 | 1,727.0 |
| MRF LTD | 2,420.19 | 22.51 | 54,483.6 |
| BALKRISHNA INDUSTRIES LTD | 1,243.10 | 34.72 | 43,159.0 |
| APOLLO TYRES LTD | 1,371.83 | 19.28 | 26,451.9 |
| CEAT LTD | 681.43 | 20.31 | 13,841.0 |
| JK TYRE & INDUSTRIES LTD | 774.19 | 14.42 | 11,162.6 |
| TVS SRICHAKRA LTD | 71.06 | 43.29 | 3,076.0 |
| TOLINS TYRES LTD | 35.69 | 11.85 | 422.9 |
| DOLFIN RUBBERS LTD | 5.81 | 29.35 | 170.6 |
Tyres & Allied Industry Benchmark (Top 10) PE Analysis vs GOODYEAR INDIA 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 11.85x |
| Max industry PE | 43.29x |
| Median industry PE | 22.51x |
| Average industry PE | 24.87x |
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