Goodyear vs Goodyear India Which Is More Reliable?
Goodyear Inc. is a well-established American multinational company that is a leading manufacturer of tires for various vehicles. On the other hand, Goodyear India Limited is the Indian subsidiary of the global Goodyear brand. Both companies operate in the automotive industry and are publicly traded on the stock market. Investors interested in these stocks would need to analyze their financial performance, market positioning, and industry trends to make informed investment decisions.
Goodyear or Goodyear India?
When comparing Goodyear and Goodyear India, 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 and Goodyear India.
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 has a dividend yield of 4.44%, while Goodyear India has a dividend yield of 3.98%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. Goodyear reports a 5-year dividend growth of 0.00% year and a payout ratio of 174.40%. On the other hand, Goodyear India reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%.
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 P/E ratio at 39.24 and Goodyear India's P/E ratio at 40.70. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Goodyear P/B ratio is 0.32 while Goodyear India's P/B ratio is 4.05.
Growth Investors:
Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Goodyear has seen a 5-year revenue growth of 0.62%, while Goodyear India's is 0.34%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Goodyear's ROE at 0.82% and Goodyear India's ROE at 9.85%.
Retail Investors:
Retail investors often consider stock affordability and company familiarity. For example, day low prices are ฿157.50 for Goodyear and ₹1025.00 for Goodyear India. Over the past year, Goodyear's prices ranged from ฿135.00 to ฿197.50, with a yearly change of 46.30%. Goodyear India's prices fluctuated between ₹1007.10 and ₹1440.00, with a yearly change of 42.98%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.