Home

PB Ratio of Goodyear India Ltd

Image

Goodyear India Ltd

NSE: GOODYEAR

PB Ratio

3.6

Last updated on: Apr 17, 2025

Key Highlights

  • The latest PB Ratio of Goodyear India Ltd is 3.6.
  • The PB ratio of the Goodyear India Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Goodyear India Ltd changed from 1.5 on March 2020 to 4.4 on March 2024 . This represents a CAGR of 24.01% over 5 years.

Historical P/B Ratio of Goodyear India Ltd

No data available

Company Fundamentals for Goodyear India Ltd

Market Cap

2,080 Cr

EPS

20.0

P/E Ratio (TTM)

45.2

P/B Ratio (TTM)

3.6

Day’s High

910.0

Day’s Low

865.0

DTE

0.0

ROE

9.9

52 Week High

1260.0

52 Week Low

806.0

ROCE

14.0

Market Price of Goodyear India Ltd

1M

1Y

3Y

5Y

Monitoring Goodyear India Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
17 Apr 2025902
16 Apr 2025863.05
15 Apr 2025859.6
11 Apr 2025839.65
09 Apr 2025835.65
08 Apr 2025831.05
07 Apr 2025816.3
04 Apr 2025830.45
03 Apr 2025842.15
02 Apr 2025841

SWOT Analysis Of Goodyear India Ltd

Strength

1

che

Weakness

2

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Goodyear India Ltd

Asset Value vs Market Value of Goodyear India Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

PB Ratio of Goodyear India Ltd Explained

2080

Market cap

254

Book Value per Share

3.6X

PB Ratio

The price-to-book (P/B) ratio compares a company's market capitalization to its book value by dividing its stock price per share by its book value per share.


How to calculate Price-to-Book (P/B) Ratio?

The Price-to-Book Ratio is used to determine the relationship between the total value of a company's outstanding shares and the net value of its assets. Before calculating the P/B ratio, investors need to overlook the market capitalization of a company.


Market capitalization = market value of a stock X no. of outstanding shares


Now, you need to know the net value of an organization's assets.

Book Value of Assets = Total Assets - Total Liabilities of a company


After knowing the value of the above ratios, here is the formula for the P/B Ratio:

P/B Ratio = Market Capitalization/ Book Value of Assets


or you can also use this formula

P/B ratio = Market Price Per Share/ Book Value of Asset Per Share

Historical Market Cap of Goodyear India Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Goodyear India Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Goodyear India Ltd News Hub

Goodyear India standalone net profit declines 36.25% in the June 2024 quarter

Net profit of Goodyear India declined 36.25% to Rs 25.03 crore in the quarter ended June 2024 as aga

Read more

14 Aug 24

Goodyear India to announce Quarterly Result

Goodyear India will hold a meeting of the Board of Directors of the Company on 14 August 2024. Power

Read more

10 Aug 24

Goodyear India to conduct board meeting

Goodyear India will hold a meeting of the Board of Directors of the Company on 22 October 2024. Powe

Read more

15 Oct 24

Goodyear India standalone net profit declines 58.51% in the September 2024 quarter

Net profit of Goodyear India declined 58.51% to Rs 15.74 crore in the quarter ended September 2024 a

Read more

22 Oct 24

Document

Annual Reports

Annual Report 2024

dropdown
download

Credit Ratings

N/A

dropdown
download

Concalls

Data not available

FAQs for PB Ratio of Goodyear India Ltd

What is the PB ratio of Goodyear India Ltd?

The current PB ratio of Goodyear India Ltd is 3.56. The Price-to-Book value (P/B) ratio compares a company's current share price to its book value per share. It helps assess whether a stock is overvalued or undervalued relative to its net asset value.

What is the ideal PB ratio to buy Goodyear India Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Goodyear India Ltd. Some investors and financial analysts may also consider any value under 3.0 as a good PB ratio.

How is the PB Ratio of Goodyear India Ltd calculated?

The PB ratio of Goodyear India Ltd is calculated by dividing the current share price by the book value per share. The book value per share is determined by dividing the company’s total net assets (assets minus liabilities) by the number of outstanding shares. This ratio helps evaluate how the market values the company's assets.

What does a high PB Ratio mean for Goodyear India Ltd?

A high PB ratio suggests that Goodyear India Ltd’s stock may be overvalued relative to its book value or that investors expect high growth.

What does a low PB Ratio indicate for Goodyear India Ltd?

A low PB ratio of Goodyear India Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Goodyear India Ltd PB Ratio change over time?

Yes, the PB ratio of Goodyear India Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
Open Trading Account
Verify your phone
+91
*By signing up you agree to our terms & conditions

Join the

Future of Trading

with BlinkX

#ItsATraderThing

Open Trading Account
Verify your phone
+91
*By signing up you agree to our terms & conditions