GOODYEAR INDIA
|
The Current P/E Ratio of GOODYEAR INDIA is 41.08.
Share Price | ₹980.2 | Jul 22,2025 |
Market Cap | ₹2,264.1 Cr | |
Earnings-TTM | ₹55.1 Cr | TTM-Standalone Results |
Price/Earnings | 41.08x | 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 [ ₹2,264.1 Cr] as on Jul 22,2025
(/) Earnings [ ₹55.1 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 41.08x ]
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 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 | 55.12 | 41.08 | 2,264.1 |
BALKRISHNA INDUSTRIES LTD | 1,654.96 | 32.18 | 53,256.9 |
MRF LTD | 1,869.29 | 33.64 | 62,885.6 |
APOLLO TYRES LTD | 1,120.65 | 25.47 | 28,541.4 |
CEAT LTD | 414.51 | 34.10 | 14,133.9 |
JK TYRE & INDUSTRIES LTD | 515.79 | 18.75 | 9,672.9 |
TVS SRICHAKRA LTD | 20.52 | 115.30 | 2,366.0 |
TOLINS TYRES LTD | 38.68 | 16.72 | 646.6 |
Tyres & Allied Industry Benchmark (Top 10) PE Analysis vs GOODYEAR INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 16.72x |
Max industry PE | 115.30x |
Median industry PE | 33.64x |
Average industry PE | 39.66x |
You may also like the below Video Courses