Spicejet P/B Ratio
Current P/B Ratio
-0.72
Low Valuation
Very Low - Significant discount to book value, potential distress or value opportunity
Spicejet (SPICEJET) P/B ratio is -0.72 (Low), book value per share ₹-13.76 vs Aviation average P/B of 2.4 — Very Low - Significant discount to book value, potential distress or value opportunity.
Current Valuation Metrics
P/B Ratio
-0.72
Current Price
₹10.67
Book Value/Share
₹-13.76
Exchange
BSE
Book Value Breakdown (2025)
Balance Sheet Components
Total Equity
₹-1,944 Cr
Share Capital
₹1,413 Cr
Reserves & Surplus
₹-3,483 Cr
Outstanding Shares
1,413,000,000
Book Value per Share
₹-13.76
Valuation Signal
Signal
Undervalued
Sector Context
Sector Average
2.4
Sector Median
4.14
Sector Rank
#2 of 4
Sector Percentile
50.0%
SPICEJET P/B Ratio — Valuation Insights & Book Value Analysis
Spicejet price-to-book ratio interpretation, valuation status and historical context — current P/B -0.72 (Low). Also explore SPICEJET share price history to track price trends across different timeframes.
- Stock appears undervalued with PB of -0.72, trading below book value
- Trading below book value - potential value opportunity or financial distress signal
- Trading at discount to sector average PB of 2.4
SPICEJET vs Aviation Peers — P/B Ratio Comparison
Spicejet P/B -0.72 vs Aviation average 2.4, median 4.14 — range -26.46–28.37.
Sector Average
2.4
Sector Median
4.14
Lowest P/B
-26.46
Highest P/B
28.37
Companies
4
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Global Vectra Helicorp | GLOBALVECT | -26.46 | ₹209 | Low |
| FlySBS Aviation | FLYSBS | 3.56 | ₹1,002 | High |
| TaaL Enterprises | TAALENT | 4.14 | ₹949 | High |
| Interglobe Aviation | INDIGO | 28.37 | ₹196,983 | High |