GOODYEAR INDIA
|
The Current P/S Ratio of GOODYEAR INDIA is 0.76.
Share Price | ₹837.0 | Feb 28,2025 |
Market Cap | ₹1,933.4 Cr | |
Sales-TTM | ₹2,555.9 Cr | TTM-Standalone Results |
Price/Sales | 0.76x | Calculated as Market Cap/Sales |
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Definition & Calculation of PS (Price/Sales) ratio of GOODYEAR INDIA
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹1,933.4 Cr] as on Feb 28,2025
(/) Sales [ ₹2,555.9 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 0.76x ]
Thus, for GOODYEAR INDIA , the investors are currently willing to pay '0.76 times sales' to own 1 share of the company.
PS Multiples are one of the most widely used valuation multiple in the industry.
P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.
You may also explore Price to Earnings ratio or Price to Book ratio of GOODYEAR INDIA !
The chart below summarizes the trend in P/S Ratio of GOODYEAR INDIA over the last five years.
Historical PS (Price/Sales) ratio chart of GOODYEAR INDIA
PS Ratio Performance Analysis for GOODYEAR INDIA
- GOODYEAR INDIA 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.93x.
- GOODYEAR INDIA 's operated at median p/e ratio of 0.84x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GOODYEAR INDIA 's p/e ratio peaked in Mar2021 at 1.15x.
- GOODYEAR INDIA 's p/e ratio hit its five-year low in Mar2020 of 0.8x.
How does GOODYEAR INDIA 's P/S Ratio benchmark against top 10 peers in Tyres & Allied Industry?
Peer Comparison (Tyres & Allied Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
GOODYEAR INDIA | 2,555.9 | 0.76 | 1,933.4 |
BALKRISHNA INDUSTRIES LTD | 10,376.5 | 4.88 | 50,621.1 |
MRF LTD | 27,427.7 | 1.63 | 44,716.1 |
APOLLO TYRES LTD | 25,958.0 | 0.92 | 23,775.0 |
CEAT LTD | 12,789.1 | 0.80 | 10,197.3 |
JK TYRE & INDUSTRIES LTD | 14,632.8 | 0.50 | 7,265.6 |
TVS SRICHAKRA LTD | 3,200.8 | 0.64 | 2,063.9 |
TOLINS TYRES LTD | 298.4 | 1.59 | 473.1 |
Tyres & Allied Industry Benchmark (Top 10) PS Analysis vs GOODYEAR INDIA 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.50x |
Max industry PS | 4.88x |
Median industry PS | 0.92x |
Average industry PS | 1.46x |
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