Goodyear Tire & Rubber Co

NASDAQ GT

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Goodyear Tire & Rubber Co Price to Book Ratio (P/B) on June 03, 2024: 0.77

Goodyear Tire & Rubber Co Price to Book Ratio (P/B) is 0.77 on June 03, 2024, a 7.36% change year over year. The price to book ratio compares the market price per share of a company's stock to its book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus treasury stock, divided by the number of outstanding shares. This ratio provides insights into how the market values a company relative to its book value. A ratio above 1 indicates the market values the company more than its book value, suggesting positive market sentiment.
  • Goodyear Tire & Rubber Co 52-week high Price to Book Ratio (P/B) is 0.90 on July 26, 2023, which is 17.26% above the current Price to Book Ratio (P/B).
  • Goodyear Tire & Rubber Co 52-week low Price to Book Ratio (P/B) is 0.66 on October 05, 2023, which is -13.92% below the current Price to Book Ratio (P/B).
  • Goodyear Tire & Rubber Co average Price to Book Ratio (P/B) for the last 52 weeks is 0.76.
NASDAQ: GT

Goodyear Tire & Rubber Co

CEO Mr. Richard J. Kramer
IPO Date Jan. 2, 1970
Location United States
Headquarters 200 Innovation Way, Akron, OH, United States, 44316-0001
Employees 71,000
Sector Consumer Cyclical
Industry Auto parts
Description

The Goodyear Tire & Rubber Company, together with its subsidiaries, develops, manufactures, distributes, and sells tires and related products and services worldwide. It offers various lines of rubber tires for automobiles, trucks, buses, aircraft, motorcycles, earthmoving and mining equipment, farm implements, industrial equipment, and other applications under the Goodyear, Cooper, Dunlop, Kelly, Mastercraft, Roadmaster, Debica, Sava, Fulda, Mickey Thompson, Avon, and Remington brands and various house brands, as well as under the private-label brands. The company also provides retread truck, aviation, and off-the-road tires; manufactures and sells tread rubber and other tire retreading materials; sells chemical products; and provides automotive and commercial repair services, and miscellaneous other products and services. In addition, it operates approximately 950 retail outlets, which offer products for sale, and provides repair and other services. Further, the company sells products and installation services online through its websites, www.goodyear.com for consumer tires and www.goodyeartrucktires.com for commercial tires; automotive maintenance and repair services under the Goodyear or Just Tires names; and automotive repair and maintenance items, automotive equipment and accessories, and other items to dealers and consumers, as well as provides miscellaneous other products and services. The company sells its products worldwide through a network of independent dealers, regional distributors, retail outlets, and retailers. The Goodyear Tire & Rubber Company was incorporated in 1898 and is headquartered in Akron, Ohio.

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StockViz Staff

September 20, 2024

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