What is the price-to-earnings ratio of Goodyear Tire & Rubber?
The price-earnings ratio of Goodyear Tire & Rubber is currently 0.15.
Goodyear Tire & Rubber's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.
Comparing Goodyear Tire & Rubber's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.
The P/S ratio is instrumental for investors evaluating Goodyear Tire & Rubber's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.
Variations in Goodyear Tire & Rubber’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.
The price-earnings ratio of Goodyear Tire & Rubber is currently 0.15.
The price-to-earnings ratio of Goodyear Tire & Rubber has increased by 7.14% increased compared to last year.
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Yes, the price-to-earnings ratio of Goodyear Tire & Rubber is high compared to other companies.
An increase in the price-earnings ratio of Goodyear Tire & Rubber would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
A decrease in the price-earnings ratio of Goodyear Tire & Rubber would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
Some factors that influence the price-earnings ratio of Goodyear Tire & Rubber are the company's growth, financial position, industry development, and the overall economic situation.
Over the past 12 months, Goodyear Tire & Rubber paid a dividend of 0.16 USD . This corresponds to a dividend yield of about 1.56 %. For the coming 12 months, Goodyear Tire & Rubber is expected to pay a dividend of 0.54 USD.
The current dividend yield of Goodyear Tire & Rubber is 1.56 %.
Goodyear Tire & Rubber pays a quarterly dividend. This is distributed in the months of May, August, November, February.
Goodyear Tire & Rubber paid dividends every year for the past 6 years.
For the upcoming 12 months, dividends amounting to 0.54 USD are expected. This corresponds to a dividend yield of 5.27 %.
Goodyear Tire & Rubber is assigned to the 'Cyclical consumption' sector.
To receive the latest dividend of Goodyear Tire & Rubber from 3/2/2020 amounting to 0.16 USD, you needed to have the stock in your portfolio before the ex-date on 1/31/2020.
The last dividend was paid out on 3/2/2020.
In the year 2024, Goodyear Tire & Rubber distributed 0 USD as dividends.
The dividends of Goodyear Tire & Rubber are distributed in USD.
The Goodyear Tire & Rubber stock can be added to a savings plan with the following providers: Trade Republic
Our stock analysis for Goodyear Tire & Rubber Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Goodyear Tire & Rubber Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.