TANEJA AEROSPACE & AVIATION
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The Current P/E Ratio of TANEJA AEROSPACE & AVIATION is 88.76.
Share Price | ₹400.1 | Apr 18,2024 |
Market Cap | ₹1,020.1 Cr | |
Earnings-TTM | ₹11.5 Cr | TTM-Consolidated Results |
Price/Earnings | 88.76x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of TANEJA AEROSPACE & AVIATION
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,020.1 Cr] as on Apr 18,2024
(/) Earnings [ ₹11.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 88.76x ]
Thus, for TANEJA AEROSPACE & AVIATION , the investors are currently willing to pay 88.76 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 p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 22.93x.
- TANEJA AEROSPACE & AVIATION 's operated at median p/e ratio of 16x 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 Mar2022 at 50.23x.
- 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 Ratio | Market Cap |
---|---|---|---|
TANEJA AEROSPACE & AVIATION | 11.49 | 88.76 | 1,020.1 |
INTERGLOBE AVIATION LTD | 7,196.85 | 19.25 | 138,559.0 |
SPICEJET LTD | -147.91 | -33.35 | 4,932.3 |
TAAL ENTERPRISES LTD | 33.92 | 24.30 | 824.2 |
JET AIRWAYS (INDIA) LTD | -662.61 | -0.83 | 551.0 |
GLOBAL VECTRA HELICORP LTD | 5.13 | 50.14 | 257.0 |
Airlines Industry Benchmark (Top 10) PE Analysis vs TANEJA AEROSPACE & AVIATION 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -33.35x |
Max industry PE | 88.76x |
Median industry PE | 24.30x |
Average industry PE | 24.71x |
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