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Goodyear India Ltd PE Ratio

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Goodyear India Ltd

NSE: GOODYEAR

PE

37.8

Last updated on: Jan 15, 2025

Key Highlights

  • The P/E Ratio of Goodyear India Ltd is 37.8 as of 15 Jan 11:17 AM .
  • 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 ₹ 958.5 as of 15 Jan 10:58 .
  • 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 30.4. The PE Ratio of Retail industry is 157.6. The PE Ratio of Textiles industry is 36.9. 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

₹ 958.5

1.75 (0.18%)

stock direction

Last updated on: Jan 15, 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
14 Jan 2025956.75
13 Jan 2025932.2
10 Jan 2025991.65
09 Jan 20251005.05
08 Jan 20251019.3
07 Jan 20251015.3
06 Jan 20251001.4
03 Jan 20251020.25
02 Jan 20251018.45
01 Jan 20251013.1

SWOT Analysis Of Goodyear India Ltd

Strength

1

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Weakness

2

che

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 Ltd2207
Balkrishna Industries Ltd52430
MRF Ltd48453
Apollo Tyres Ltd28764
CEAT Ltd12305

PE Ratio of Goodyear India Ltd Explained

``

2207

Market cap

58

Earnings

37.8X

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

2024-08-14 00:00:00

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

2024-08-10 00:00:00

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

2024-10-15 00:00:00

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

2024-10-22 00:00:00

Product Composition by Percentage (Revenue)

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Annual Reports

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Credit Ratings

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Concalls

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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 37.79 as on 15 Jan 2025.

What is the average PE Ratio of the Tyres industry?

The average industry PE Ratio of Tyres is 22.9 as on 15 Jan 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 37.79, showing a year-on-year growth of 88.5%.

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

The PE Ratio of Goodyear India Ltd is 37.79. This ratio indicates that investors are willing to pay 37.79 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 88.5% whereas, the EPS ratio grew by -37.1.
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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