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Goodyear India Ltd P/E Ratio

Goodyear India Ltd P/E Ratio

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Goodyear India Ltd

NSE: GOODYEAR

PE

20.2

Last updated : 21 May 03:02 AM

Key Highlights

    The P/E Ratio of Goodyear India Ltd is 20.2 as of 21 May 03:02 AM .a1#The P/E Ratio of Goodyear India Ltd changed from 21.4 on March 2019 to 20 on March 2023 . This represents a CAGR of -1.34% over 5 years. a1#The Latest Trading Price of Goodyear India Ltd is ₹ 1208 as of 18 May 15:30 .a1#The PE Ratio of Tyres Industry has changed from 19.7 to 31.3 in 5 years. This represents a CAGR of 9.70%a1# The PE Ratio of Automobile industry is 27.2. The PE Ratio of Finance industry is 13.6. The PE Ratio of IT - Software industry is 27.9. The PE Ratio of Retail industry is 94.8. The PE Ratio of Textiles industry is 21.1. The PE Ratio of Tyres industry is 31.3. In 2023a1#The Market Cap of Goodyear India Ltd changed from ₹ 2179 crore on March 2019 to ₹ 2463 crore on March 2023 . This represents a CAGR of 2.48% over 5 years. a1#The Revenue of Goodyear India Ltd changed from ₹ 823.14 crore to ₹ 596.58 crore over 7 quarters. This represents a CAGR of -16.80% a1#The EBITDA of Goodyear India Ltd changed from ₹ 64.2 crore to ₹ 44.99 crore over 7 quarters. This represents a CAGR of -18.39% a1#The Net Profit of Goodyear India Ltd changed from ₹ 37.74 crore to ₹ 21.86 crore over 7 quarters. This represents a CAGR of -26.80% a1#The Dividend Payout of Goodyear India Ltd changed from 29.38 % on March 2019 to 49.76 % on March 2023 . This represents a CAGR of 11.11% over 5 years. a1#

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P/E Ratio Over Time

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.

P/E Ratio Over Time

Period
Mar '1921.4
Mar '2015.7
Mar '2115.1
Mar '2219.9
Mar '2320

Fundamental Metrics

Market Cap

2,786 Cr

EPS

57.5

P/E Ratio (TTM) *

20.2

P/B Ratio (TTM) *

4.3

Day’s High

1230.25

Day’s Low

1190.0

DTE *

0.0

ROE *

21.7

52 Week High

1451.1

52 Week Low

1100.0

ROCE *

29.5

* All values are consolidated

* All values are consolidated

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Goodyear India Ltd

NSE: GOODYEAR

PRICE

1208.05

25.65(2.17%)

stock direction

Last updated : 18 May 15:30

×

PRICE

The current market price or CMP refers to the price at which the securities are trading in the share market. Current price in Over-the-counter costs: The following current price depends upon the bid price & the asking price when a financial asset is sold over-the-counter(OTC). Current Price in Bond Market: The current price of a bond is determined by measuring the actual interest rate against the bid-related interest rate. The par or the face value is then calculated to represent the remaining interest payments due which occur before the maturity of the bond.

Share price Over Time

1M

1Y

3Y

5Y

* All values are in Rupees

SWOT Analysis Of Goodyear India Ltd

Strength

1

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

Asset Value vs Market Value

Market Value

2,678

Asset Value

805

2.3 X

Value addition

* All values are in Rupees

PE Ratio Over Market Cap

Key Valuation Metric

Earnings

132 Cr

20.2 X

PE Ratio

Market Cap

₹2678Cr

PE Ratio

PS Ratio

PB 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

PS Ratio

PB Ratio

Earnings

132 Cr

20.2 X

PE Ratio

Market Cap

₹2678Cr

PE Ratio

PS Ratio

PB 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

Goodyear India Ltd PE Ratio Calculation

  • The Price-to-Earnings (PE) ratio, also known as the P/E Ratio, is a fundamental financial metric used to assess the valuation of a company's stock in relation to its earnings performance. For Goodyear India Ltd, the PE Ratio is calculated as follows:

P/E Ratio

=

Market Capitalization

Net Income

  • Given the current market conditions, Goodyear India Ltd's Share Price stands at 1208.05. The Earnings per Share (Diluted) for the trailing twelve months (TTM) ending in 2024-05-18T00:00:00 is 57.51. Substituting the values into the formula, PE Ratio becomes as follows: PE Ratio = 1208.05/ 57.51= 20.19.

P/E Ratio

=

Stock Price

Earning Per Share

  • This indicates that Goodyear India Ltd's stock is trading at approximately 20.19 times its earnings per share for the trailing twelve months. Alternatively, the PE Ratio can also be computed using the company's overall financial performance: PE Ratio = Market Cap / Net Income. Where Market Cap represents the total market capitalization of the company, and Net Income signifies the total earnings after expenses and taxes.

Understanding Goodyear India Ltd’s PE Ratio (BSE: GOODYEAR)

    The Price-to-Earnings (PE) ratio, used to assess Goodyear India Ltd's stock (BSE: GOODYEAR), indicates how many years it would take for the company to earn back the stock price. If a company earns ₹2 per share annually and its stock trades at ₹30, the PE ratio is 15, signifying a 15-year payback period assuming steady earnings. Earnings fluctuate, affecting the payback period, Growing earnings shorten the recovery time while declining earnings extend it. Shareholders favor shorter payback periods, preferring lower PE stocks. Among stocks with the same PE ratio, faster-growing businesses are preferred. A company with losses makes the PE ratio meaningless. Peter Lynch introduced the PEG ratio to compare stocks with different growth rates, dividing the PE ratio by the growth rate. A company is considered fairly valued when its PE ratio matches its growth rate. The PE ratio, applicable across industries, measures stock valuation based on earnings power. It indicates how quickly an investment can be recouped. Unlike the PB ratio, which assesses valuation based on the balance sheet, the PE ratio focuses on earnings. Overall, the PE ratio provides insights into stock valuation, aligning with investors' preference for faster returns.

×

Market Cap Over Time

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Market Cap Over Time

Period
Mar '192180
Mar '201395
Mar '212057
Mar '222047
Mar '232464

* All values are a in crore

×

Revenue Over Time

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Revenue Over Time

Period
Jun '22823
Sep '22772
Dec '22693
Mar '22656
Jun '23723
Sep '23695
Dec '23597

* All values are a in crore

×

EBITDA Over Time

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

EBITDA Over Time

Period
Jun '2264
Sep '2251
Dec '2248
Mar '2261
Jun '2368
Sep '2366
Dec '2345

* All values are a in crore

×

Net Profit Over Time

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Net Profit Over Time

Period
Jun '2238
Sep '2227
Dec '2224
Mar '2234
Jun '2339
Sep '2338
Dec '2322

* All values are a in crore

×

Dividend Payout Over Time

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Dividend Payout Over Time

Period
Mar '1929
Mar '2034
Mar '21301
Mar '22224
Mar '2350

* All values are a in %

About Goodyear India Ltd

About Goodyear India Ltd

    Goodyear India, incorporated as Goodyear Tire and Rubber Company (India), acquired its present name in 1961 when it became a public limited company. During 2005, the company launched a new Rear Farm Tyre 'Sampurna' which was ver well accepted in the Market.

Goodyear India Ltd News Hub

News

Goodyear India announces board meeting date

Goodyear India will hold a meeting of the Board of Directors of the Company on 27 May 2024...

Read more

20 May 2024 13:47

News

Board of Goodyear India recommends Interim Dividend

Goodyear India announced that the Board of Directors of the Company at its meeting held on...

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03 Feb 2024 10:20

News

Goodyear India schedules board meeting

Goodyear India will hold a meeting of the Board of Directors of the Company on 2 February ...

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27 Jan 2024 15:42

News

Goodyear India to table results

Goodyear India will hold a meeting of the Board of Directors of the Company on 27 October ...

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18 Oct 2023 10:56

News

Goodyear India to announce Quarterly Result

Goodyear India will hold a meeting of the Board of Directors of the Company on 2 August 20...

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21 Jul 2023 10:40

News

Board of Goodyear India recommends final dividend

Goodyear India announced that the Board of Directors of the Company at its meeting held on...

Read more

30 May 2023 15:20

Product Composition by Percentage (Revenue)

FAQs for PE of Goodyear India Ltd

What is Goodyear India Ltd current share price?

The current market price of Goodyear India Ltd as of May 21, 2024 is ₹1208.05.

What is Goodyear India Ltd's market cap?

Goodyear India Ltd's market capitalisation stood at ₹2,678 Cr as of May 21, 2024

What are Goodyear India Ltd's total net assets?

According to Goodyear India Ltd's most recent financial filings, the company's net assets total ₹804.8 Cr.

Is Goodyear India Ltd making a profit or loss?

Goodyear India Ltd's net Profit as of May 21, 2024 is close to ₹132 Cr.
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