INTERGLOBE AVIATION
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The Current P/E Ratio of INTERGLOBE AVIATION is 23.70.
Share Price | ₹4,069.9 | Nov 01,2024 |
Market Cap | ₹157,218.3 Cr | |
Earnings-TTM | ₹6,635.0 Cr | TTM-Consolidated Results |
Price/Earnings | 23.70x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of INTERGLOBE AVIATION
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹157,218.3 Cr] as on Nov 01,2024
(/) Earnings [ ₹6,635.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 23.70x ]
Thus, for INTERGLOBE AVIATION , the investors are currently willing to pay 23.70 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 INTERGLOBE 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 INTERGLOBE AVIATION over the last five years.
Historical PE (Price/Earnings) ratio chart of INTERGLOBE AVIATION
PE Ratio Performance Analysis for INTERGLOBE AVIATION
- INTERGLOBE AVIATION 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.35x.
- INTERGLOBE AVIATION '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, INTERGLOBE AVIATION 's p/e ratio peaked in Mar2024 at 16.74x.
- INTERGLOBE AVIATION 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does INTERGLOBE AVIATION 's P/E Ratio benchmark against top 10 peers in Airlines Industry?
Peer Comparison (Airlines Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
INTERGLOBE AVIATION | 6,635.04 | 23.70 | 157,218.3 |
SPICEJET LTD | -463.15 | -17.04 | 7,892.6 |
TANEJA AEROSPACE & AVIATION LTD | 12.58 | 85.09 | 1,070.6 |
TAAL ENTERPRISES LTD | 39.40 | 21.20 | 835.2 |
JET AIRWAYS (INDIA) LTD | -662.61 | -0.62 | 411.3 |
GLOBAL VECTRA HELICORP LTD | -3.54 | -118.67 | 419.5 |
Airlines Industry Benchmark (Top 10) PE Analysis vs INTERGLOBE AVIATION 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -118.67x |
Max industry PE | 85.09x |
Median industry PE | 21.20x |
Average industry PE | -1.06x |
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