Goodyear India vs Goodyear Which Is Stronger?
Goodyear India Limited is a leading manufacturer of tires in India, while Goodyear Stocks refer to the shares of Goodyear Tire and Rubber Company, a multinational tire manufacturing company based in the United States. Goodyear India is a subsidiary of Goodyear Corporation and operates independently in the Indian market. Both companies are prominent players in the global tire industry, with Goodyear Stocks being traded on major stock exchanges. Investors interested in the tire industry may consider investing in either company for potential returns.
Goodyear India or Goodyear?
When comparing Goodyear India and Goodyear, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between Goodyear India and Goodyear.
Dividend Investors:
Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company.
Goodyear India has a dividend yield of 3.98%, while Goodyear has a dividend yield of 4.44%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. Goodyear India reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%. On the other hand, Goodyear reports a 5-year dividend growth of 0.00% year and a payout ratio of 174.40%.
Value Investors:
Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with Goodyear India P/E ratio at 40.70 and Goodyear's P/E ratio at 39.24. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Goodyear India P/B ratio is 4.05 while Goodyear's P/B ratio is 0.32.
Growth Investors:
Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Goodyear India has seen a 5-year revenue growth of 0.34%, while Goodyear's is 0.62%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Goodyear India's ROE at 9.85% and Goodyear's ROE at 0.82%.
Retail Investors:
Retail investors often consider stock affordability and company familiarity. For example, day low prices are ₹1025.00 for Goodyear India and ฿157.50 for Goodyear. Over the past year, Goodyear India's prices ranged from ₹1007.10 to ₹1440.00, with a yearly change of 42.98%. Goodyear's prices fluctuated between ฿135.00 and ฿197.50, with a yearly change of 46.30%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.