Home > PE Ratio > GLOBAL VECTRA HELICORP

GLOBAL VECTRA HELICORP
PE (Price/Earnings) Ratio

The Current P/E Ratio of GLOBAL VECTRA HELICORP is 60.91.

Share Price ₹223.0Apr 24,2024
Market Cap ₹312.2 Cr
Earnings-TTM₹5.1 CrTTM-Standalone Results
Price/Earnings60.91xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for GLOBAL VECTRA HELICORP
Please provide your vote to see the results
GLOBAL VECTRA HELICORP is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of GLOBAL VECTRA HELICORP

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 GLOBAL VECTRA HELICORP is calculated as :

Current Market Cap [ ₹312.2 Cr] as on Apr 24,2024

(/) Earnings [ ₹5.1 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 60.91x ]

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

Thus, for GLOBAL VECTRA HELICORP , the investors are currently willing to pay 60.91 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 GLOBAL VECTRA HELICORP !

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 GLOBAL VECTRA HELICORP over the last five years.

Historical PE (Price/Earnings) ratio chart of GLOBAL VECTRA HELICORP


PE Ratio Performance Analysis for GLOBAL VECTRA HELICORP

- GLOBAL VECTRA HELICORP 's latest p/e ratio is 60.91x.

- GLOBAL VECTRA HELICORP 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 7.48x.

- GLOBAL VECTRA HELICORP '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, GLOBAL VECTRA HELICORP 's p/e ratio peaked in Mar2020 at 23.6x.

- GLOBAL VECTRA HELICORP 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does GLOBAL VECTRA HELICORP 's P/E Ratio benchmark against top 10 peers in Airlines Industry?

Peer Comparison (Airlines Industry)Earnings-TTM (Cr)PE RatioMarket Cap
GLOBAL VECTRA HELICORP 5.1360.91312.2
INTERGLOBE AVIATION LTD7,196.8520.07144,447.0
SPICEJET LTD-147.91-32.834,855.5
TANEJA AEROSPACE & AVIATION LTD11.49105.771,215.6
TAAL ENTERPRISES LTD33.9225.53866.1
JET AIRWAYS (INDIA) LTD-662.61-0.80532.8

Airlines Industry Benchmark (Top 10) PE Analysis vs GLOBAL VECTRA HELICORP 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -32.83x
Max industry PE 105.77x
Median industry PE 25.53x
Average industry PE 29.78x



You may also like the below Video Courses