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Michelin

€ 28.91 (-0.21%) Jan 27
P/E:
12.57
P/B:
1.27
Market Cap:
€ 20.65B ($ 22.45B)
Enterprise V:
€ 25.33B ($ 27.54B)
Volume:
1.65M
Avg Vol (2M):
1.57M
Also Trade In:
Volume:
1.65M
Market Cap €:
20.65B
Market Cap $:
22.45B
PE Ratio:
12.57
Avg Vol (2-Month):
1.57M
Enterprise Value €:
25.33B
Enterprise Value $:
27.54B
PB Ratio:
1.27

Business Description

Description
Michelin manufactures tires for passenger vehicles. The company also makes tires for all types of commercial vehicles as well as bicycle, motorcycle, earthmover, aviation, and agricultural tires. Its operations are organized into three operating segments namely Automotive and related distribution; Road transportation and related distribution; Specialty businesses and related distribution. The company generates maximum revenue from Automotive and related distribution segment.