GOODYEAR INDIA
|
The Current P/E Ratio of GOODYEAR INDIA is 27.50.
| Share Price | ₹732.3 | Jun 05,2026 |
| Market Cap | ₹1,691.5 Cr | |
| Earnings-TTM | ₹61.5 Cr | TTM-Standalone Results |
| Price/Earnings | 27.50x | 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 [ ₹1,691.5 Cr] as on Jun 05,2026
(/) Earnings [ ₹61.5 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 27.50x ]
Thus, for GOODYEAR INDIA , the investors are currently willing to pay 27.50 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 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 | 27.50 | 1,691.5 |
| MRF LTD | 2,420.19 | 21.65 | 52,392.9 |
| BALKRISHNA INDUSTRIES LTD | 1,243.10 | 33.32 | 41,421.1 |
| APOLLO TYRES LTD | 1,371.83 | 18.34 | 25,159.5 |
| CEAT LTD | 681.43 | 18.94 | 12,905.0 |
| JK TYRE & INDUSTRIES LTD | 774.19 | 14.23 | 11,014.1 |
| TVS SRICHAKRA LTD | 71.06 | 43.54 | 3,093.8 |
| TOLINS TYRES LTD | 35.69 | 10.81 | 385.8 |
| DOLFIN RUBBERS LTD | 5.81 | 28.99 | 168.5 |
Tyres & Allied Industry Benchmark (Top 10) PE Analysis vs GOODYEAR INDIA 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 10.81x |
| Max industry PE | 43.54x |
| Median industry PE | 21.65x |
| Average industry PE | 24.15x |
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