Goodyear Tire & Rubber Co (MIL:1GT) Cyclically Adjusted PB Ratio: 0.34 (As of Aug. 01, 2026) — 60% Below Median

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.
Reviewed by: Charlie Tian Charlie Tian
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.

MIL:1GT Goodyear Tire & Rubber Co MIL:1GT
42 GF Score
Price €5.92
GF Value €8.25
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Goodyear Tire & Rubber Co Cyclically Adjusted PB Ratio?

Goodyear Tire & Rubber Co MIL:1GT -3.01% 42 Cyclically Adjusted PB Ratio is 0.34 as of Aug. 01, 2026, which is 60% below its 10-year median of 0.86. GuruFocus rates MIL:1GT with a GF Score™ of 42/100 and a GF Value™ of €8.25 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,024 Vehicles & Parts companies, Goodyear Tire & Rubber Co ranks better than 87.4% on this metric.

As of today (2026-08-01), Goodyear Tire & Rubber Co's current share price is €5.92. Goodyear Tire & Rubber Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €17.21. Goodyear Tire & Rubber Co's Cyclically Adjusted PB Ratio for today is 0.34.

The historical rank and industry rank for Goodyear Tire & Rubber Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

MIL:1GT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.86   Max: 5.2
Current: 0.34

During the past years, Goodyear Tire & Rubber Co's highest Cyclically Adjusted PB Ratio was 5.20. The lowest was 0.27. And the median was 0.86.

MIL:1GT's Cyclically Adjusted PB Ratio is ranked better than
87.4% of 1024 companies
in the Vehicles & Parts industry
Industry Median: 1.265 vs MIL:1GT: 0.34

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Goodyear Tire & Rubber Co's adjusted book value per share data for the three months ended in Mar. 2026 was €9.042. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €17.21 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Goodyear Tire & Rubber Co  (MIL:1GT) 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 Tire & Rubber Co Cyclically Adjusted PB Ratio Related Terms


Goodyear Tire & Rubber Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Goodyear Tire & Rubber Co'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 Tire & Rubber Co Cyclically Adjusted PB Ratio Chart

Goodyear Tire & Rubber Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.46 0.59 0.74 0.44 0.43

Goodyear Tire & Rubber Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.45 0.50 0.36 0.43 0.32

MIL:1GT vs HSAI, ADNT, VC: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Goodyear Tire & Rubber Co'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 Tire & Rubber Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

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

* The bar in red indicates where Goodyear Tire & Rubber Co's Cyclically Adjusted PB Ratio falls into.


MIL:1GT
42GF Score
Goodyear Tire & Rubber Co MIL:1GT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Goodyear Tire & Rubber Co 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 Tire & Rubber Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.92/17.21
=0.34

* 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 Tire & Rubber Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Goodyear Tire & Rubber Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=9.042/330.2130*330.2130
=9.042

Current CPI (Mar. 2026) = 330.2130.

Goodyear Tire & Rubber Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 14.182 241.018 19.430
201609 15.280 241.428 20.899
201612 16.955 241.432 23.190
201703 17.575 243.801 23.804
201706 17.354 244.955 23.394
201709 16.628 246.819 22.246
201712 16.206 246.524 21.708
201803 16.019 249.554 21.197
201806 16.748 251.989 21.947
201809 17.654 252.439 23.093
201812 18.415 251.233 24.204
201903 18.304 254.202 23.777
201906 18.448 256.143 23.783
201909 18.877 256.759 24.277
201912 16.806 256.974 21.596
202003 13.633 258.115 17.441
202006 10.797 257.797 13.830
202009 10.415 260.280 13.213
202012 10.853 260.474 13.759
202103 11.103 264.877 13.842
202106 12.441 271.696 15.121
202109 13.049 274.310 15.708
202112 15.688 278.802 18.581
202203 16.566 287.504 19.027
202206 17.357 296.311 19.343
202209 18.155 296.808 20.198
202212 17.679 296.797 19.669
202303 17.311 301.836 18.938
202306 16.623 305.109 17.991
202309 16.500 307.789 17.702
202312 15.084 306.746 16.238
202403 14.979 312.332 15.837
202406 15.347 314.175 16.130
202409 15.005 315.301 15.715
202412 15.687 315.605 16.413
202503 15.965 319.799 16.485
202506 15.509 322.561 15.877
202509 8.948 324.800 9.097
202512 9.645 324.054 9.828
202603 9.042 330.213 9.042

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.

What does a Cyclically Adjusted PB Ratio of 0.34 mean?
Goodyear Tire & Rubber Co (MIL:1GT) has a Cyclically Adjusted PB Ratio of 0.34 as of Aug. 01, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Goodyear Tire & Rubber Co and its competitors. This is 60% below median its historical median of 0.86. Over the past decade, Goodyear Tire & Rubber Co's Cyclically Adjusted PB Ratio has ranged from 0.27 to 5.20. According to the industry distribution chart, Goodyear Tire & Rubber Co ranks #129 out of 1024 companies in the Vehicles & Parts industry, placing it in the top 12.6%.
Is Goodyear Tire & Rubber Co's Cyclically Adjusted PB Ratio too high?
Goodyear Tire & Rubber Co's current Cyclically Adjusted PB Ratio of 0.34 is 60% below median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 5.20. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.27. Goodyear Tire & Rubber Co's value of 0.34 is 73.1% below this industry median. Based on the distribution chart, Goodyear Tire & Rubber Co ranks #129 out of 1024 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Goodyear Tire & Rubber Co has a GF Score™ of 42/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Goodyear Tire & Rubber Co's Cyclically Adjusted PB Ratio compare to HSAI and ADNT?
According to the Vehicles & Parts industry distribution chart, Goodyear Tire & Rubber Co ranks #129 out of 1024 companies for Cyclically Adjusted PB Ratio. This places Goodyear Tire & Rubber Co in the top 13% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.27. Goodyear Tire & Rubber Co's value of 0.34 is 73.1% below this benchmark. Historically, Goodyear Tire & Rubber Co's own Cyclically Adjusted PB Ratio has ranged from 0.27 to 5.20 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 1.27, Goodyear Tire & Rubber Co 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 Cyclically Adjusted PB Ratio for a Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.27, based on 1,024 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Goodyear Tire & Rubber Co's current Cyclically Adjusted PB Ratio of 0.34 is 73.1% 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 Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Goodyear Tire & Rubber Co and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goodyear Tire & Rubber Co's current Cyclically Adjusted PB Ratio is 0.34, which is 60% below median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodyear Tire & Rubber Co stock overvalued right now?
Based on GuruFocus' analysis, Goodyear Tire & Rubber Co (MIL:1GT) is currently considered Modestly Undervalued. The stock's GF Value™ is €8.25, compared to a current price of €5.92 — trading 28.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.34, which is 60% below median its 10-year median of 0.86 and 73.1% below the Vehicles & Parts industry median of 1.27. Goodyear Tire & Rubber Co's overall GF Score™ is 42/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Goodyear Tire & Rubber Co (MIL:1GT), the current Cyclically Adjusted PB Ratio is 0.34 as of Aug. 01, 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 Tire & Rubber Co (MIL:1GT) Overvalued in 2026?

Based on GuruFocus' analysis, Goodyear Tire & Rubber Co stock appears to be undervalued. The current stock price of €5.92 is trading 28.2% below its estimated GF Value™ of €8.25. GuruFocus considers Goodyear Tire & Rubber Co to be Modestly Undervalued.

Key valuation signals for MIL:1GT:

  • Cyclically Adjusted PB Ratio: 0.34 (60% below median its 10-year median of 0.86)
  • GF Value™: €8.25 vs. price of €5.92 (28.2% below fair value)
  • GF Score™: 42/100 with 3 warning signs
  • Industry Position: 73.1% below the Vehicles & Parts median (#129 of 1024)

No single metric tells the full story. See the MIL:1GT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Goodyear Tire & Rubber Co Business Description

Address 200 Innovation Way, Akron, OH, USA, 44316-0001
Goodyear Tire & Rubber Co manufactures and sells a variety of rubber tires under the Goodyear brand name. The firm's tires are used for automobiles, trucks, buses, aircraft, motorcycles, mining equipment, farm equipment, and industrial equipment. The company operates its business through three operating segments representing its regional tire businesses: Americas; Europe, the Middle East, and Africa (EMEA); and the Asia Pacific. The majority of its revenue is generated from the Americas business, which develops, manufactures, distributes, and sells tires and related products and services in North, Central, and South America, along with selling tires to various export markets, mainly through intersegment sales.
42GF Score

Get the complete analysis for MIL:1GT

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

€5.92
Price
€8.25
GF Value