Goodyear India (BOM:500168) Cyclically Adjusted PB Ratio: (As of Sep. 13, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:500168 Goodyear India Ltd BOM:500168
68 GF Score
Price ₹725.45
GF Value ₹983.73
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Goodyear India Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Goodyear India  (BOM:500168) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Goodyear India Cyclically Adjusted PB Ratio Related Terms


Goodyear India Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Goodyear India's Cyclically Adjusted PB 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 Cyclically Adjusted PB Ratio Chart

Goodyear India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.37 2.81 2.84 2.08 1.69

Goodyear India Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB 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 0.00 2.47 0.00 1.69 0.00

BOM:500168 vs ORLY, AZO, GPC: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Goodyear India's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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 Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

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

* The bar in red indicates where Goodyear India's Cyclically Adjusted PB Ratio falls into.


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

Goodyear India Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Goodyear India's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Goodyear India's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

Goodyear India Quarterly Data

Book Value per Share CPI Adj_Book
201609 283.955 105.961 448.485
201612 0.000 105.196 0.000
201703 306.533 105.196 487.666
201706 0.000 107.109 0.000
201709 321.719 109.021 493.867
201712 0.000 109.404 0.000
201803 347.765 109.786 530.130
201806 0.000 111.317 0.000
201809 355.048 115.142 516.058
201812 0.000 115.142 0.000
201903 375.914 118.202 532.241
201906 0.000 120.880 0.000
201909 387.359 123.175 526.303
201912 0.000 126.235 0.000
202003 396.991 124.705 532.772
202006 0.000 127.000 0.000
202009 403.299 130.118 518.722
202012 0.000 130.889 0.000
202103 363.970 131.771 462.266
202106 0.000 134.084 0.000
202109 294.043 135.847 362.248
202112 0.000 138.161 0.000
202203 309.893 138.822 373.593
202206 0.000 142.347 0.000
202209 238.093 144.661 275.448
202212 0.000 145.763 0.000
202303 262.631 146.865 299.277
202306 0.000 150.280 0.000
202309 269.896 151.492 298.161
202312 0.000 152.924 0.000
202403 252.070 153.035 275.662
202406 0.000 155.789 0.000
202409 254.715 157.882 270.001
202412 0.000 158.323 0.000
202503 261.391 157.552 277.659
202506 0.000 159.755 0.000
202509 249.174 162.289 256.955
202512 0.000 163.281 0.000
202603 262.795 164.272 267.730
202606 0.000 167.357 0.000

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

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

Based on GuruFocus' analysis, Goodyear India stock appears to be undervalued. The current stock price of ₹725.45 is trading 26.3% below its estimated GF Value™ of ₹983.73. GuruFocus considers Goodyear India to be Modestly Undervalued.

Key valuation signals for BOM:500168:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹983.73 vs. price of ₹725.45 (26.3% below fair value)
  • GF Score™: 68/100 with 5 warning signs

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

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

₹725.45
Price
₹983.73
GF Value