Case study

GOODYEAR

Goodyear India Limited

Worth a closer look1y model +2.9%

Each stock's 10,000-path forecast, rendered as light.

64Score

Goodyear India Limited (GOODYEAR) Stock Analysis & Case Study

Is GOODYEAR a good buy? The data-driven verdict.

Goodyear India Limited (GOODYEAR) trades at ₹796,on the numbers it worth a closer look, a Downstox Snapshot Score of 64/100.

On the numbers, Goodyear India Limited (GOODYEAR) worth a closer look, a Downstox Snapshot Score of 64/100, weighing fairly valued at 24.1× earnings, ROE of 12.6%, a 56% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

GOODYEAR fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹1,834 Cr
Current price
₹796
P/E ratio
24.1×
P/B ratio
3.03×
Book value
₹263
Dividend yield
3.33%
ROCE
17.4%
ROE
12.6%
Piotroski F-Score
4/8

How GOODYEAR ranks against the 2,374 companies in our screener

Is GOODYEAR overvalued? GOODYEAR P/E vs peers

GOODYEAR trades at 24.1× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

GOODYEAR share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of GOODYEAR history (4%/yr drift, 21%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
GOODYEAR 2027₹632₹823₹1,071+3%
GOODYEAR 2028₹578₹846₹1,240+6%
GOODYEAR 2029₹541₹871₹1,400+9%
GOODYEAR 2030₹519₹896₹1,546+12%
GOODYEAR 2031₹506₹921₹1,677+15%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability GOODYEAR goes up, or doubles?

56%
Higher in 1 year
Modelled chance the price is above today in 12 months
61%
Higher in 5 years
Modelled chance the price is above today in 5 years
12%
Doubles in 5 years
Modelled chance of reaching ₹1,599 within 5 years

The bull case for GOODYEAR

  • GOODYEAR's P/E of 24.1x is lower than 55% of the 2,374 NSE companies in our screener, as of 10 Aug 2026.
  • GOODYEAR's return on equity of 12.6% ranks in the 62nd percentile of the 2,374 NSE companies in our screener, as of 10 Aug 2026.
  • GOODYEAR's dividend yield of 3.3% ranks in the top 4% of the 2,374 NSE companies in our screener, as of 10 Aug 2026.
  • Relatively low volatility (21%/yr), a steadier ride than the typical mid/small-cap.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹1,400.

The bear case & risks

  • No model or past record guarantees future returns, treat this as one input, not a decision.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹541.

GOODYEAR volatility & expected range, how bumpy is the ride?

Over the last 9.8 years GOODYEAR compounded at 4%/year with annualized volatility of 21%. That volatility implies a 1-year 80% range of ₹632-₹1,071, the honest backbone behind any single price target.

GOODYEAR price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
2.9%
80% range₹632-₹1,071
P(price ↑)56%
P(price 2×)0%
3-Year Forecast
2029
₹0
Median (P50)
8.9%
80% range₹541-₹1,400
P(price ↑)59%
P(price 2×)5%
5-Year Forecast
2031
₹0
Median (P50)
15.2%
80% range₹506-₹1,677
P(price ↑)61%
P(price 2×)12%

GOODYEAR price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
GOODYEAR simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds GOODYEAR hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the GOODYEAR price target & forecast page.

GOODYEAR Piotroski F-Score: 4/8, how financially strong is it?

4/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. GOODYEAR scores 4/8, mixed financial health.

GOODYEAR MTF margin & leverage across 5 brokers

Margin Trading Facility lets you buy GOODYEAR with part of the capital. Lower margin % = higher leverage. Rates compared across 5 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Zerodha50.00%2.0×
Groww60.00%1.7×
Kotak Neo100.00%1.0×
Fyers50.00%2.0×
Share IndiaCHEAPEST26.50%3.8×

Compare every broker on the GOODYEAR MTF page.

About Goodyear India Limited: sector, index & market-cap context

Goodyear India Limited (GOODYEAR) is a small-cap NSE-listed company, with a market capitalisation of ₹1,834 Cr. See more stocks on our screener.

How the GOODYEAR Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Goodyear India Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

GOODYEAR analysis, FAQs

Is Goodyear India Limited (GOODYEAR) a good buy?

On the numbers, Goodyear India Limited (GOODYEAR) worth a closer look, a Downstox Snapshot Score of 64/100, weighing fairly valued at 24.1× earnings, ROE of 12.6%, a 56% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is GOODYEAR overvalued or undervalued?

GOODYEAR trades at 24.1× earnings, fairly valued versus the ~22× long-run Nifty average.

What is the GOODYEAR share price target for 2031?

GOODYEAR's probability-weighted 2031 median target is ₹921, with an 80% range of ₹506-₹1,677 (10,000-path Monte-Carlo).

What is the probability GOODYEAR doubles in 5 years?

The modelled probability of GOODYEAR reaching ₹1,599 (2×) within 5 years is 12%.

What is the bull case for GOODYEAR?

GOODYEAR's P/E of 24.1x is lower than 55% of the 2,374 NSE companies in our screener, as of 10 Aug 2026. GOODYEAR's return on equity of 12.6% ranks in the 62nd percentile of the 2,374 NSE companies in our screener, as of 10 Aug 2026. GOODYEAR's dividend yield of 3.3% ranks in the top 4% of the 2,374 NSE companies in our screener, as of 10 Aug 2026.

What are the risks in GOODYEAR?

No model or past record guarantees future returns, treat this as one input, not a decision.

More on GOODYEAR