TANEJA AEROSPACE & AVIATION
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The Current P/E Ratio of TANEJA AEROSPACE & AVIATION is 70.87.
Share Price | ₹349.7 | Jan 29,2025 |
Market Cap | ₹891.7 Cr | |
Earnings-TTM | ₹12.6 Cr | TTM-Consolidated Results |
Price/Earnings | 70.87x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of TANEJA AEROSPACE & AVIATION
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
TANEJA AEROSPACE & AVIATION | 12.58 | 70.87 | 891.7 |
INTERGLOBE AVIATION LTD | 6,085.72 | 27.26 | 165,908.0 |
SPICEJET LTD | -463.15 | -12.99 | 6,015.0 |
TAAL ENTERPRISES LTD | 42.98 | 20.32 | 873.5 |
JET AIRWAYS (INDIA) LTD | -662.61 | -0.58 | 386.7 |
GLOBAL VECTRA HELICORP LTD | -0.87 | -440.86 | 383.1 |
Airlines Industry Benchmark (Top 10) PE Analysis vs TANEJA AEROSPACE & AVIATION 's P/E Ratio
Top 10 Industry Peers | PE 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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