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TANEJA AEROSPACE & AVIATION
PE (Price/Earnings) Ratio

The Current P/E Ratio of TANEJA AEROSPACE & AVIATION is 88.76.

Share Price ₹400.1Apr 18,2024
Market Cap ₹1,020.1 Cr
Earnings-TTM₹11.5 CrTTM-Consolidated Results
Price/Earnings88.76xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of TANEJA AEROSPACE & AVIATION

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 TANEJA AEROSPACE & AVIATION is calculated as :

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 ]

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

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 latest p/e ratio is 88.76x.

- 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 RatioMarket Cap
TANEJA AEROSPACE & AVIATION 11.4988.761,020.1
INTERGLOBE AVIATION LTD7,196.8519.25138,559.0
SPICEJET LTD-147.91-33.354,932.3
TAAL ENTERPRISES LTD33.9224.30824.2
JET AIRWAYS (INDIA) LTD-662.61-0.83551.0
GLOBAL VECTRA HELICORP LTD5.1350.14257.0

Airlines Industry Benchmark (Top 10) PE Analysis vs TANEJA AEROSPACE & AVIATION 's P/E Ratio

Top 10 Industry PeersPE 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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