SPICEJET
|
The Current P/E Ratio of SPICEJET is -13.27.
| Share Price | ₹48.0 | Feb 25,2025 |
| Market Cap | ₹6,148.3 Cr | |
| Earnings-TTM | ₹-463.2 Cr | TTM-Consolidated Results |
| Price/Earnings | -13.27x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of SPICEJET
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)
Current Market Cap [ ₹6,148.3 Cr] as on Feb 25,2025
(/) Earnings [ ₹-463.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -13.27x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for SPICEJET , the investors are currently willing to pay -13.27 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 SPICEJET !
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 SPICEJET over the last five years.
Thus, for SPICEJET , the investors are currently willing to pay -13.27 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 SPICEJET !
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 SPICEJET over the last five years.
Historical PE (Price/Earnings) ratio chart of SPICEJET
PE Ratio Performance Analysis for SPICEJET
- SPICEJET 's latest p/e ratio is -13.27x.
- SPICEJET 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.00x.
- SPICEJET '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, SPICEJET 's p/e ratio peaked in Mar2024 at 0x.
- SPICEJET 's p/e ratio hit its five-year low in Mar2024 of 0x.
- SPICEJET 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.00x.
- SPICEJET '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, SPICEJET 's p/e ratio peaked in Mar2024 at 0x.
- SPICEJET 's p/e ratio hit its five-year low in Mar2024 of 0x.
How does SPICEJET 's P/E Ratio benchmark against top 10 peers in Airlines Industry?
| Peer Comparison (Airlines Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| SPICEJET | -463.15 | -13.27 | 6,148.3 |
| INTERGLOBE AVIATION LTD | 6,085.72 | 28.12 | 171,110.0 |
| TAAL ENTERPRISES LTD | 46.66 | 16.54 | 772.0 |
| TANEJA AEROSPACE & AVIATION LTD | 14.48 | 52.33 | 757.6 |
| GLOBAL VECTRA HELICORP LTD | -7.25 | -49.82 | 360.9 |
Airlines Industry Benchmark (Top 10) PE Analysis vs SPICEJET 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -49.82x |
| Max industry PE | 52.33x |
| Median industry PE | 16.54x |
| Average industry PE | 6.78x |
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