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TANEJA AEROSPACE & AVIATION
PE (Price/Earnings) Ratio

The Current P/E Ratio of TANEJA AEROSPACE & AVIATION is 56.47.

Share Price ₹320.6Feb 12,2025
Market Cap ₹817.5 Cr
Earnings-TTM₹14.5 CrTTM-Consolidated Results
Price/Earnings56.47xCalculated 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 [ ₹817.5 Cr] as on Feb 12,2025

(/) Earnings [ ₹14.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 56.47x ]

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 56.47 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 56.47x.

- 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 14.4856.47817.5
INTERGLOBE AVIATION LTD6,085.7227.53167,553.0
SPICEJET LTD-463.15-12.195,647.1
TAAL ENTERPRISES LTD46.6618.84879.0
JET AIRWAYS (INDIA) LTD-662.61-0.58386.7
GLOBAL VECTRA HELICORP LTD-0.87-431.84375.3

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

Top 10 Industry PeersPE Ratio
Min industry PE -431.84x
Max industry PE 56.47x
Median industry PE 18.84x
Average industry PE -56.96x



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