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INTERGLOBE AVIATION
PE (Price/Earnings) Ratio

The Current P/E Ratio of INTERGLOBE AVIATION is 23.01.

Share Price ₹4,289.8May 16,2024
Market Cap ₹165,584.4 Cr
Earnings-TTM₹7,196.9 CrTTM-Consolidated Results
Price/Earnings23.01xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of INTERGLOBE AVIATION

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of INTERGLOBE AVIATION is calculated as :

Current Market Cap [ ₹165,584.4 Cr] as on May 16,2024

(/) Earnings [ ₹7,196.9 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 23.01x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for INTERGLOBE AVIATION , the investors are currently willing to pay 23.01 times earnings to own 1 share of the company.

PE Multiples are the most widely used valuation multiple in practice.

Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.

In such cases, you may consider using Price to Book ratio or Price to Sales ratio of INTERGLOBE AVIATION !

P/E ratios, also, would not adjust for differences in the capital structure between companies.

The chart below summarizes the trend in P/E Ratio of INTERGLOBE AVIATION over the last five years.

Historical PE (Price/Earnings) ratio chart of INTERGLOBE AVIATION


PE Ratio Performance Analysis for INTERGLOBE AVIATION

- INTERGLOBE AVIATION 's latest p/e ratio is 23.01x.

- INTERGLOBE AVIATION 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 69.77x.

- INTERGLOBE AVIATION 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, INTERGLOBE AVIATION 's p/e ratio peaked in Mar2019 at 348.87x.

- INTERGLOBE AVIATION 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does INTERGLOBE AVIATION 's P/E Ratio benchmark against top 10 peers in Airlines Industry?

Peer Comparison (Airlines Industry)Earnings-TTM (Cr)PE RatioMarket Cap
INTERGLOBE AVIATION 7,196.8523.01165,584.4
SPICEJET LTD-147.91-32.054,739.8
TANEJA AEROSPACE & AVIATION LTD11.49100.301,152.8
TAAL ENTERPRISES LTD33.9224.23822.0
JET AIRWAYS (INDIA) LTD-662.61-0.79526.5
GLOBAL VECTRA HELICORP LTD5.1352.27268.0

Airlines Industry Benchmark (Top 10) PE Analysis vs INTERGLOBE AVIATION 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -32.05x
Max industry PE 100.30x
Median industry PE 24.23x
Average industry PE 27.83x



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