Goodyear Tire Rubber Stock Price To Sales
| GT Stock | USD 11.84 0.10 0.85% |
Goodyear Tire Rubber fundamentals help investors to digest information that contributes to Goodyear Tire's financial success or failures. It also enables traders to predict the movement of Goodyear Stock. The fundamental analysis module provides a way to measure Goodyear Tire's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Goodyear Tire stock.
Goodyear |
Goodyear Tire Rubber Company Price To Sales Analysis
Goodyear Tire's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Goodyear Tire Price To Sales | 0.17 X |
Most of Goodyear Tire's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Goodyear Tire Rubber is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
| Competition |
Based on the latest financial disclosure, Goodyear Tire Rubber has a Price To Sales of 0.1738 times. This is 99.73% lower than that of the Automobile Components sector and 86.63% lower than that of the Consumer Discretionary industry. The price to sales for all United States stocks is 98.48% higher than that of the company.
Goodyear Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Goodyear Tire's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Goodyear Tire could also be used in its relative valuation, which is a method of valuing Goodyear Tire by comparing valuation metrics of similar companies.Goodyear Tire is currently under evaluation in price to sales category among related companies.
Goodyear Fundamentals
| Return On Equity | -0.13 | ||||
| Return On Asset | 0.0152 | ||||
| Profit Margin | (0.03) % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 11.28 B | ||||
| Shares Outstanding | 284.15 M | ||||
| Shares Owned By Insiders | 0.66 % | ||||
| Shares Owned By Institutions | 86.10 % | ||||
| Number Of Shares Shorted | 18.91 M | ||||
| Price To Earning | 3.22 X | ||||
| Price To Book | 0.75 X | ||||
| Price To Sales | 0.17 X | ||||
| Revenue | 20.07 B | ||||
| Gross Profit | 3.88 B | ||||
| EBITDA | 1.57 B | ||||
| Net Income | (687 M) | ||||
| Cash And Equivalents | 1.25 B | ||||
| Cash Per Share | 4.41 X | ||||
| Total Debt | 8.65 B | ||||
| Debt To Equity | 1.77 % | ||||
| Current Ratio | 1.29 X | ||||
| Book Value Per Share | 16.45 X | ||||
| Cash Flow From Operations | 1.03 B | ||||
| Short Ratio | 7.23 X | ||||
| Earnings Per Share | (2.42) X | ||||
| Price To Earnings To Growth | 1.67 X | ||||
| Target Price | 15.3 | ||||
| Number Of Employees | 71 K | ||||
| Beta | 1.85 | ||||
| Market Capitalization | 3.36 B | ||||
| Total Asset | 21.58 B | ||||
| Retained Earnings | 5.09 B | ||||
| Working Capital | 503 M | ||||
| Current Asset | 5.18 B | ||||
| Current Liabilities | 3.95 B | ||||
| Five Year Return | 2.81 % | ||||
| Net Asset | 21.58 B |
About Goodyear Tire Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Goodyear Tire Rubber's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Goodyear Tire using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Goodyear Tire Rubber based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Goodyear Tire Piotroski F Score and Goodyear Tire Altman Z Score analysis. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Goodyear Stock analysis
When running Goodyear Tire's price analysis, check to measure Goodyear Tire's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Goodyear Tire is operating at the current time. Most of Goodyear Tire's value examination focuses on studying past and present price action to predict the probability of Goodyear Tire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goodyear Tire's price. Additionally, you may evaluate how the addition of Goodyear Tire to your portfolios can decrease your overall portfolio volatility.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |
Is Goodyear Tire's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Goodyear Tire. If investors know Goodyear will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Goodyear Tire listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Goodyear Tire Rubber is measured differently than its book value, which is the value of Goodyear that is recorded on the company's balance sheet. Investors also form their own opinion of Goodyear Tire's value that differs from its market value or its book value, called intrinsic value, which is Goodyear Tire's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Goodyear Tire's market value can be influenced by many factors that don't directly affect Goodyear Tire's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Goodyear Tire's value and its price as these two are different measures arrived at by different means. Investors typically determine if Goodyear Tire is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Goodyear Tire's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.