GOODYEARTyres & Rubber Products
Goodyear India Ltd — PE Ratio & Valuation Analysis
₹1273.70
+0.00%
Current P/E48.30xPrice to earnings
Industry P/E30.93xSector average
4Y Avg P/E21.8x121.9% above avg
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56.2% Premium to Industry
GOODYEAR P/E 48.30x vs sector avg 30.93x
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Historical PE Ratio
| Year | EPS (₹) | Year-end Price | PE Ratio |
|---|---|---|---|
| 2023 | ₹53.26 | ₹1274 | 23.9x |
| 2022 | ₹44.61 | ₹1109 | 24.9x |
| 2021 | ₹59.07 | ₹978 | 16.5x |
PE = Year-end closing price ÷ Diluted EPS. Source: NSE/BSE filings.
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Understanding Goodyear India Ltd Valuation
Goodyear India Ltd (GOODYEAR) currently trades at 48.30x earnings. The Tyres & Rubber Products sector average PE is 30.93x. GOODYEAR commands a premium, reflecting high growth expectations. Historically, GOODYEAR has traded at an average PE of 21.8x — it is currently above that level. Always evaluate PE alongside earnings growth (PEG ratio), return on equity, debt levels and business quality. A lower PE isn't always better. Educational data only — not investment advice.
ROE
9.31%
Dividend Yield
2.75%
More on Goodyear India Ltd
Data from NSE/BSE public filings. Educational purposes only. Bull Run is not SEBI-registered. Not investment advice.