SPICEJET
|
The Current P/E Ratio of SPICEJET is 88.57.
Share Price | ₹38.8 | Jul 18,2025 |
Market Cap | ₹5,485.4 Cr | |
Earnings-TTM | ₹61.9 Cr | TTM-Consolidated Results |
Price/Earnings | 88.57x | Calculated as Market Cap/Earnings |
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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 [ ₹5,485.4 Cr] as on Jul 18,2025
(/) Earnings [ ₹61.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 88.57x ]
Thus, for SPICEJET , the investors are currently willing to pay 88.57 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 Mar2024 to Mar2020 averaged 0.00x.
- 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 Mar2024 at 0x.
- 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 | 61.93 | 88.57 | 5,485.4 |
INTERGLOBE AVIATION LTD | 7,258.40 | 31.20 | 226,461.0 |
TAAL ENTERPRISES LTD | 48.79 | 20.98 | 1,023.5 |
TANEJA AEROSPACE & AVIATION LTD | 18.08 | 67.34 | 1,217.3 |
GLOBAL VECTRA HELICORP LTD | -0.65 | -541.91 | 352.2 |
Airlines Industry Benchmark (Top 10) PE Analysis vs SPICEJET 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -541.91x |
Max industry PE | 88.57x |
Median industry PE | 31.20x |
Average industry PE | -66.76x |
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