GOODYEAR INDIA
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The Current P/E Ratio of GOODYEAR INDIA is 40.63.
Share Price | ₹969.4 | Jul 04,2025 |
Market Cap | ₹2,239.3 Cr | |
Earnings-TTM | ₹55.1 Cr | TTM-Standalone Results |
Price/Earnings | 40.63x | Calculated as Market Cap/Earnings |
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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 [ ₹2,239.3 Cr] as on Jul 04,2025
(/) Earnings [ ₹55.1 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 40.63x ]
Thus, for GOODYEAR INDIA , the investors are currently willing to pay 40.63 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 | 40.63 | 2,239.3 |
BALKRISHNA INDUSTRIES LTD | 1,654.96 | 30.51 | 50,497.4 |
MRF LTD | 1,869.29 | 32.66 | 61,041.7 |
APOLLO TYRES LTD | 1,120.65 | 26.02 | 29,157.5 |
CEAT LTD | 449.57 | 32.47 | 14,595.6 |
JK TYRE & INDUSTRIES LTD | 515.79 | 19.55 | 10,085.3 |
TVS SRICHAKRA LTD | 20.52 | 120.42 | 2,471.0 |
TOLINS TYRES LTD | 38.68 | 16.73 | 647.2 |
Tyres & Allied Industry Benchmark (Top 10) PE Analysis vs GOODYEAR INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 16.73x |
Max industry PE | 120.42x |
Median industry PE | 32.47x |
Average industry PE | 39.87x |
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