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TANEJA AEROSPACE & AVIATION
PE (Price/Earnings) Ratio

The Current P/E Ratio of TANEJA AEROSPACE & AVIATION is 70.87.

Share Price ₹349.7Jan 29,2025
Market Cap ₹891.7 Cr
Earnings-TTM₹12.6 CrTTM-Consolidated Results
Price/Earnings70.87xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of TANEJA AEROSPACE & 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 TANEJA AEROSPACE & AVIATION is calculated as :

Current Market Cap [ ₹891.7 Cr] as on Jan 29,2025

(/) Earnings [ ₹12.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 70.87x ]

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

Thus, for TANEJA AEROSPACE & AVIATION , the investors are currently willing to pay 70.87 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 TANEJA AEROSPACE & 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 TANEJA AEROSPACE & AVIATION over the last five years.

Historical PE (Price/Earnings) ratio chart of TANEJA AEROSPACE & AVIATION


PE Ratio Performance Analysis for TANEJA AEROSPACE & AVIATION

- TANEJA AEROSPACE & AVIATION 's latest p/e ratio is 70.87x.

- TANEJA AEROSPACE & AVIATION 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 37.42x.

- TANEJA AEROSPACE & AVIATION 's operated at median p/e ratio of 29.61x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TANEJA AEROSPACE & AVIATION 's p/e ratio peaked in Mar2024 at 88.42x.

- TANEJA AEROSPACE & AVIATION 's p/e ratio hit its five-year low in Mar2020 of 6.51x.


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

Peer Comparison (Airlines Industry)Earnings-TTM (Cr)PE RatioMarket Cap
TANEJA AEROSPACE & AVIATION 12.5870.87891.7
INTERGLOBE AVIATION LTD6,085.7227.26165,908.0
SPICEJET LTD-463.15-12.996,015.0
TAAL ENTERPRISES LTD42.9820.32873.5
JET AIRWAYS (INDIA) LTD-662.61-0.58386.7
GLOBAL VECTRA HELICORP LTD-0.87-440.86383.1

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

Top 10 Industry PeersPE Ratio
Min industry PE -440.86x
Max industry PE 70.87x
Median industry PE 20.32x
Average industry PE -56.00x



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