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PB Ratio of Goodyear India Ltd

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Goodyear India Ltd

NSE: GOODYEAR

PB Ratio

3.8

Last updated on: Feb 04, 2025

Key Highlights

  • The latest PB Ratio of Goodyear India Ltd is 3.8.
  • 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

2,194 Cr

EPS

25.3

P/E Ratio (TTM)

37.6

P/B Ratio (TTM)

3.8

Day’s High

964.5

Day’s Low

946.6

DTE

0.0

ROE

9.9

52 Week High

1400.0

52 Week Low

916.0

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
04 Feb 2025951.15
03 Feb 2025941.65
01 Feb 2025950.65
31 Jan 2025948.65
30 Jan 2025941.8
29 Jan 2025937.2
28 Jan 2025937.7
27 Jan 2025929.25
24 Jan 2025951.05
23 Jan 2025951.9

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

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

PB Ratio of Goodyear India Ltd Explained

2194

Market cap

254

Book Value per Share

3.8X

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

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 3.75. 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.

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