SPICEJET
|
The Current P/B Ratio of SPICEJET is -1.03.
| Share Price | ₹43.9 | Jan 27,2025 |
| Market Cap | ₹5,622.8 Cr | |
| Book Value | ₹-5,461.3 Cr | Mar2024 - Consolidated Results |
| Price/Book | -1.03x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of SPICEJET
Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹5,622.8 Cr] as on Jan 27,2025
(/) Book Value [ ₹-5,461.3 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ -1.03x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for SPICEJET , the investors are currently willing to pay '-1.03 times book value' to own 1 share of the company.
PB Multiples are one of the most widely used valuation multiple in industry.
Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.
In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of SPICEJET !
The chart below summarizes the trend in P/B Ratio of SPICEJET over the last five years.
Thus, for SPICEJET , the investors are currently willing to pay '-1.03 times book value' to own 1 share of the company.
PB Multiples are one of the most widely used valuation multiple in industry.
Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.
In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of SPICEJET !
The chart below summarizes the trend in P/B Ratio of SPICEJET over the last five years.
Historical PB (Price/Book ) ratio chart of SPICEJET
PB Ratio Performance Analysis for SPICEJET
- SPICEJET 's latest p/b ratio is -1.03x.
- SPICEJET 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged -0.98x.
- SPICEJET 's operated at median p/b ratio of -0.86x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SPICEJET 's p/b ratio peaked in Mar2023 at -0.31x.
- SPICEJET 's p/b ratio hit its five-year low in Mar2021 of -1.6x.
- SPICEJET 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged -0.98x.
- SPICEJET 's operated at median p/b ratio of -0.86x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SPICEJET 's p/b ratio peaked in Mar2023 at -0.31x.
- SPICEJET 's p/b ratio hit its five-year low in Mar2021 of -1.6x.
How does SPICEJET 's P/B Ratio benchmark against top 10 peers in Airlines Industry?
| Peer Comparison (Airlines Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| SPICEJET | -5,461.31 | -1.03 | 5,622.8 |
| INTERGLOBE AVIATION LTD | 1,935.58 | 83.35 | 161,321.0 |
| TANEJA AEROSPACE & AVIATION LTD | 130.42 | 7.31 | 953.1 |
| TAAL ENTERPRISES LTD | 162.28 | 5.76 | 935.1 |
| JET AIRWAYS (INDIA) LTD | -17,506.50 | -0.02 | 386.7 |
| GLOBAL VECTRA HELICORP LTD | 21.81 | 17.60 | 383.7 |
Airlines Industry Benchmark (Top 10) PB Analysis vs SPICEJET 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | -1.03x |
| Max industry PB | 83.35x |
| Median industry PB | 7.31x |
| Average industry PB | 18.83x |
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