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Goodyear India PE Ratio

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Goodyear India Ltd

NSE: GOODYEAR

PE

45.9

Last updated on: May 09, 2025

Key Highlights

  • The P/E Ratio of Goodyear India Ltd is 45.9 as of 09 May 15:30 PM .
  • The P/E Ratio of Goodyear India Ltd changed from 15.7 on March 2020 to 26.8 on March 2024 . This represents a CAGR of 11.29% over 5 years.
  • The Latest Trading Price of Goodyear India Ltd is ₹ 902.7 as of 09 May 16:01 .
  • The PE Ratio of Tyres Industry has changed from 14.8 to 22.9 in 5 years. This represents a CAGR of 9.12%.
  • The PE Ratio of Automobile industry is 20.3. The PE Ratio of Finance industry is 17.8. The PE Ratio of IT - Software industry is 26.1. The PE Ratio of Retail industry is 139.8. The PE Ratio of Textiles industry is 37.1. The PE Ratio of Tyres industry is 22.9 in 2024.

Historical P/E Ratio of Goodyear India Ltd

No data available

Company Fundamentals for Goodyear India Ltd

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Goodyear India Ltd

NSE: GOODYEAR

Share Price

₹ 902.7

-14.00 (-1.53%)

stock direction

Last updated on: May 09, 2025

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
08 May 2025916.7
07 May 2025927.55
06 May 2025918.25
05 May 2025893.9
02 May 2025891.7
30 Apr 2025899.7
29 Apr 2025883.4
28 Apr 2025883.4
25 Apr 2025869.55
24 Apr 2025899.25

SWOT Analysis Of Goodyear India Ltd

Strength

1

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Weakness

2

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Opportunity

0

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Threats

0

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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/E Ratio

Company
leftMarket Capright
Goodyear India Ltd2114
MRF Ltd58843
Balkrishna Industries Ltd53003
Apollo Tyres Ltd30771
CEAT Ltd14867
JK Tyre & Industries Ltd8881

PE Ratio of Goodyear India Ltd Explained

2114

Market cap

46

Earnings

45.9X

PE Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio of Tyres Industry over time

PE Ratio of Top Sectors

Historical Market Cap of Goodyear India Ltd

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

Historical Dividend Payout of Goodyear India Ltd

No data available

* All values are in %

About Goodyear India Ltd

  • Goodyear India Ltd, incorporated as Goodyear Tire and Rubber Company (India), acquired its present name in 1961 when it became a public limited company.
  • A FERA company, with Goodyear Tire and Rubber, US, as the holding company with a stake of 74%, manufactures tyres and rubber goods used by the automobile industry, at its plant in Ballabgarh, Uttar Pradesh.
  • In 1982, the company entered into an agreement with Andrew Yule and Company, for technical know-how for fan-belts and vee-belts with a 50% buy-back arrangement.
  • Production of scooter and motorcycle tyres was discontinued in Apr.'86. In 1993, a joint venture South Asia Tyres, was effected with RPG-Ceat to manufacture steel radial passenger tyres, truck tyres and bias earthmover tyres earlier imported.
  • Goodyear's product profile includes ultra large earthmover tyres, which are import substitutes, power tread passenger radial tyres, light and medium commercial truck tyres, farm tyres, automotive tyres, etc, which are marketed under the Goodyear brand.

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

Product Composition by Percentage (Revenue)

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Annual Reports

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Credit Ratings

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Concalls

Data not available

FAQs for PE of Goodyear India Ltd

What is the current PE Ratio of Goodyear India Ltd?

The Current PE Ratio of Goodyear India Ltd is 45.93 as on 9 May 2025.

What is the average PE Ratio of the Tyres industry?

The average industry PE Ratio of Tyres is 22.9 as on 9 May 2025.

What was the PE Ratio of Goodyear India Ltd last year?

The PE Ratio of Goodyear India Ltd was 20.05 last year, now the PE ratio is 45.93, showing a year-on-year growth of 129.1%.

What does the PE Ratio of Goodyear India Ltd indicate about its stock?

The PE Ratio of Goodyear India Ltd is 45.93. This ratio indicates that investors are willing to pay 45.93 times the earnings per share for each share of Goodyear India Ltd.

What is the PE Ratio Growth of Goodyear India Ltd in comparison to its Earnings per Share (EPS) growth rate?

The PE Ratio of Goodyear India Ltd grew by 129.1% whereas, the EPS ratio grew by -39.7.

How does the PE ratio of Goodyear India Ltd compare to industry peers?

The PE ratio of Goodyear India Ltd PE Ratio can indicate whether it is overvalued or undervalued compared to competitors in the same industry. A lower PE ratio may suggest an undervalued stock, while a higher PE ratio could indicate premium pricing.

Is a high PE ratio for Goodyear India Ltd PE Ratio good or bad?

A high PE ratio may indicate strong future growth expectations, but it can also suggest overvaluation. It is best to compare it with industry averages and historical trends of Goodyear India Ltd PE Ratio.

What factors influence the PE ratio of Goodyear India Ltd PE Ratio?

The PE ratio of Goodyear India Ltd PE Ratio is influenced by factors such as earnings growth, investor sentiment, macroeconomic conditions, and sector trends.

How often does the PE ratio of Goodyear India Ltd PE Ratio change?

The PE ratio changes as the share price or earnings of Goodyear India Ltd PE Ratio fluctuate, and it is updated whenever there is a significant movement in either of these factors.

Where can I find the latest PE ratio of Goodyear India Ltd PE Ratio?

You can check the latest PE ratio of Goodyear India Ltd PE Ratio on BlinkX Website above or any other stock market platforms, or at the company’s official website.

What is a good PE ratio for Goodyear India Ltd PE Ratio?

A "good" PE ratio depends on industry standards and market conditions. It is advisable to compare Goodyear India Ltd PE ratio with its historical average and competitors.

Can the PE ratio of Goodyear India Ltd PE Ratio predict future stock performance?

While the Goodyear India Ltd PE ratio is a useful indicator of valuation, it should be used alongside other financial metrics and market analysis to make informed investment decisions.
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.
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