Here is how you do it. It's two simple mathematical equations your 4th grader could do (if he/she knew how to use a calculator).
So you have a P265/75R-15 Tire. What are the real measurements? Well let's figure out what that series of numbers mean first.
P - Passenger vehicle tire (LT is also common LT= Light Truck tire)
265 - Cross section of the tire, not tread width, in millimeters (mm)
75 - Percentage of cross section (75% or .75)
R - Radial tire (as opposed to a bias ply)
15 - Wheel diameter (eg. 15", 16", 16.5")
Now here are the equations-
Tire section (in mm) divided by 25.4 = Tire section in inches. There are 25.4mm in an inch, that's where the 25.4 comes from.
Tire section (in inches) x Percentage of cross section x 2 + rim diameter (eg. 15", 16", 16.5") = Tire diameter
265 / 25.4 = 10.433= Section width
265 / 25.4 x .75 x 2 + 15 = 30.649= Tire Diameter
So, the tire size is 30.649 x 10.433 or about a 31 x 10.50 flotation size
Advertised flotation sizes are really nominal. Tire manufacturers are not required to make a 33 x 12.50 tire actually measure a true 33" tall with a 12.5" section width. Some 33's could measure 32". Interco probably has the best reputation for keeping a true tire size to advertised tire size.
Interco also has many calculatiors for gear ratios and tire sizes and so on. Check it out.