Goodyear India (BOM:500168) Current Ratio: 1.43 (As of Mar. 2026) — 20% Below Median

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BOM:500168 Goodyear India Ltd BOM:500168
68 GF Score
Price ₹817.05
GF Value ₹1,001.13
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Goodyear India Current Ratio?

Goodyear India BOM:500168 -0.11% 68 Current Ratio is 1.43 as of Mar. 2026, which is 20% below its 10-year median of 1.78. GuruFocus rates BOM:500168 with a GF Score™ of 68/100 and a GF Value™ of ₹1,001.13 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,331 Vehicles & Parts companies, Goodyear India ranks worse than 54.55% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Goodyear India's current ratio for the quarter that ended in Mar. 2026 was 1.43.

Goodyear India has a current ratio of 1.43. It generally indicates good short-term financial strength.

The historical rank and industry rank for Goodyear India's Current Ratio or its related term are showing as below:

BOM:500168' s Current Ratio Range Over the Past 10 Years
Min: 1.27   Med: 1.78   Max: 2.67
Current: 1.43

During the past 13 years, Goodyear India's highest Current Ratio was 2.67. The lowest was 1.27. And the median was 1.78.

BOM:500168's Current Ratio is ranked worse than
54.55% of 1331 companies
in the Vehicles & Parts industry
Industry Median: 1.53 vs BOM:500168: 1.43

Goodyear India  (BOM:500168) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Goodyear India Current Ratio Related Terms


Goodyear India Current Ratio Historical Data

* Premium members only.

The historical data trend for Goodyear India's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Goodyear India Current Ratio Chart

Goodyear India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.57 1.28 1.27 1.35 1.43

Goodyear India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.35 0.00 1.37 0.00 1.43

BOM:500168 vs ORLY, AZO: Current Ratio Comparison

For the Auto Parts subindustry, Goodyear India's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Goodyear India Current Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Goodyear India's Current Ratio distribution charts can be found below:

* The bar in red indicates where Goodyear India's Current Ratio falls into.


BOM:500168
68GF Score
Goodyear India Ltd BOM:500168
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Goodyear India Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Goodyear India's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=8189.1/5734.8
=1.43

Goodyear India's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=8189.1/5734.8
=1.43

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 1.43 mean?
Goodyear India (BOM:500168) has a Current Ratio of 1.43 as of Mar. 2026. This is 20% below median its historical median of 1.78. Over the past decade, Goodyear India's Current Ratio has ranged from 1.27 to 2.67. According to the industry distribution chart, Goodyear India ranks #726 out of 1331 companies in the Vehicles & Parts industry, placing it in the top 54.5%.
Is Goodyear India's Current Ratio too high?
Goodyear India's current Current Ratio of 1.43 is 20% below median its 10-year median of 1.78. Over the past 10 years, this metric has ranged from a low of 1.27 to a high of 2.67. The Vehicles & Parts industry median Current Ratio is 1.53. Goodyear India's value of 1.43 is 6.5% below this industry median. Based on the distribution chart, Goodyear India ranks #726 out of 1331 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Goodyear India has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Goodyear India's Current Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Goodyear India ranks #726 out of 1331 companies for Current Ratio. This places Goodyear India in the lower half of its industry. The industry median Current Ratio is 1.53. Goodyear India's value of 1.43 is 6.5% below this benchmark. Historically, Goodyear India's own Current Ratio has ranged from 1.27 to 2.67 over the past decade. While the company's 10-year median is 1.78 vs. the industry median of 1.53, Goodyear India has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Vehicles & Parts company?
The median Current Ratio among Vehicles & Parts companies is 1.53, based on 1,331 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Goodyear India's current Current Ratio of 1.43 is 6.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Vehicles & Parts industry, the median Current Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goodyear India's current Current Ratio is 1.43, which is 20% below median its own 10-year median of 1.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodyear India stock overvalued right now?
Based on GuruFocus' analysis, Goodyear India (BOM:500168) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,001.13, compared to a current price of ₹817.05 — trading 18.4% below its estimated fair value. The current Current Ratio is 1.43, which is 20% below median its 10-year median of 1.78 and 6.5% below the Vehicles & Parts industry median of 1.53. Goodyear India's overall GF Score™ is 68/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Goodyear India (BOM:500168), the current Current Ratio is 1.43 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Goodyear India (BOM:500168) Overvalued in 2026?

Based on GuruFocus' analysis, Goodyear India stock appears to be undervalued. The current stock price of ₹817.05 is trading 18.4% below its estimated GF Value™ of ₹1,001.13. GuruFocus considers Goodyear India to be Modestly Undervalued.

Key valuation signals for BOM:500168:

  • Current Ratio: 1.43 (20% below median its 10-year median of 1.78)
  • GF Value™: ₹1,001.13 vs. price of ₹817.05 (18.4% below fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 6.5% below the Vehicles & Parts median (#726 of 1331)

No single metric tells the full story. See the BOM:500168 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Goodyear India Business Description

Other Exchanges GOODYEAR:India
Address Sector-26, MG Road, 9th Floor, EMAAR Capital Tower-II, Gurgaon, HR, IND, 122002
Goodyear India Ltd is an Indian company engaged in the business of manufacturing and trading tires, tubes, and flaps. It mainly manufactures farm tyres and trades in passenger car tyres.
68GF Score

Get the complete analysis for BOM:500168

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹817.05
Price
₹1,001.13
GF Value