SPICEJET
|
The Current P/E Ratio of SPICEJET is -3.35.
| Share Price | ₹17.0 | Feb 13,2026 |
| Market Cap | ₹2,594.4 Cr | |
| Earnings-TTM | ₹-775.5 Cr | TTM-Consolidated Results |
| Price/Earnings | -3.35x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of SPICEJET
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,594.4 Cr] as on Feb 13,2026
(/) Earnings [ ₹-775.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -3.35x ]
Thus, for SPICEJET , the investors are currently willing to pay -3.35 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 SPICEJET !
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 SPICEJET over the last five years.
Historical PE (Price/Earnings) ratio chart of SPICEJET
PE Ratio Performance Analysis for SPICEJET
- SPICEJET 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 19.97x.
- SPICEJET '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, SPICEJET 's p/e ratio peaked in Mar2025 at 99.84x.
- SPICEJET 's p/e ratio hit its five-year low in Mar2024 of 0x.
How does SPICEJET 's P/E Ratio benchmark against top 10 peers in Airlines Industry?
| Peer Comparison (Airlines Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| SPICEJET | -775.46 | -3.35 | 2,594.4 |
| INTERGLOBE AVIATION LTD | 3,210.80 | 59.36 | 190,595.0 |
| TAAL ENTERPRISES LTD | 51.69 | 18.37 | 949.4 |
| TANEJA AEROSPACE & AVIATION LTD | 17.82 | 40.37 | 719.4 |
| GLOBAL VECTRA HELICORP LTD | -14.07 | -17.24 | 242.6 |
Airlines Industry Benchmark (Top 10) PE Analysis vs SPICEJET 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -17.24x |
| Max industry PE | 59.36x |
| Median industry PE | 18.37x |
| Average industry PE | 19.50x |
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