GOODYEAR INDIA
|
The Current P/E Ratio of GOODYEAR INDIA is 51.24.
| Share Price | ₹980.4 | Oct 24,2025 |
| Market Cap | ₹2,264.7 Cr | |
| Earnings-TTM | ₹44.2 Cr | TTM-Standalone Results |
| Price/Earnings | 51.24x | 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 [ ₹2,264.7 Cr] as on Oct 24,2025
(/) Earnings [ ₹44.2 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 51.24x ]
Thus, for GOODYEAR INDIA , the investors are currently willing to pay 51.24 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 | 51.24 | 2,264.7 |
| BALKRISHNA INDUSTRIES LTD | 1,453.27 | 30.97 | 45,001.3 |
| MRF LTD | 1,798.74 | 37.76 | 67,925.5 |
| APOLLO TYRES LTD | 831.49 | 38.19 | 31,758.2 |
| CEAT LTD | 477.16 | 35.14 | 16,768.6 |
| JK TYRE & INDUSTRIES LTD | 458.88 | 24.59 | 11,284.1 |
| TVS SRICHAKRA LTD | 26.71 | 116.70 | 3,117.1 |
| TOLINS TYRES LTD | 39.07 | 17.92 | 700.1 |
Tyres & Allied Industry Benchmark (Top 10) PE Analysis vs GOODYEAR INDIA 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 17.92x |
| Max industry PE | 116.70x |
| Median industry PE | 37.76x |
| Average industry PE | 44.06x |
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