Qantas Airways Ltd
ASX:QAN
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P/E
Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.
Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.
Valuation Scenarios
If P/E returns to its 3-Year Average (9.3), the stock would be worth AU$9.96 (17% upside from current price).
| Scenario | P/E Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 7.9 | AU$8.48 |
0%
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| 3-Year Average | 9.3 | AU$9.96 |
+17%
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| 5-Year Average | 6.2 | AU$6.69 |
-21%
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| Industry Average | 9.7 | AU$10.39 |
+23%
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| Country Average | 22.3 | AU$23.95 |
+182%
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Forward P/E
Today’s price vs future net income
| Today's Market Cap | Net Income | Forward P/E | ||
|---|---|---|---|---|
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AU$12.8B
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/ |
Jan 2026
AU$1.6B
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= |
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AU$12.8B
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/ |
Jun 2026
AU$1.7B
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= |
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AU$12.8B
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/ |
Jun 2027
AU$1.9B
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= |
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AU$12.8B
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/ |
Jun 2028
AU$2.1B
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= |
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AU$12.8B
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/ |
Jun 2029
AU$2.2B
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= |
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AU$12.8B
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/ |
Jun 2030
AU$2.2B
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Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.
Peer Comparison
| Market Cap | P/E | ||||
|---|---|---|---|---|---|
| AU |
|
Qantas Airways Ltd
ASX:QAN
|
12.6B AUD | 7.9 | |
| BR |
|
Gol Linhas Aereas Inteligentes SA
BOVESPA:GOLL4
|
11.7T BRL | -2.1 | |
| US |
|
Delta Air Lines Inc
NYSE:DAL
|
44.7B USD | 10 | |
| US |
|
United Airlines Holdings Inc
NASDAQ:UAL
|
29.2B USD | 8 | |
| CH |
|
Kinarus Therapeutics Holding AG
SIX:KNRS
|
19.5B CHF | -1 404.3 | |
| UK |
|
International Consolidated Airlines Group SA
LSE:IAG
|
17.4B GBP | 6 | |
| IE |
R
|
Ryanair Holdings PLC
LSE:RYA
|
15.4B EUR | 8 | |
| US |
|
Southwest Airlines Co
NYSE:LUV
|
18.6B USD | 22.8 | |
| IN |
|
Interglobe Aviation Ltd
NSE:INDIGO
|
1.7T INR | 51.5 | |
| CN |
|
Air China Ltd
SSE:601111
|
117.4B CNY | -66.3 | |
| SG |
|
Singapore Airlines Ltd
SGX:C6L
|
19.7B SGD | 8.6 |
Market Distribution
| Min | 0 |
| 30th Percentile | 15.9 |
| Median | 22.3 |
| 70th Percentile | 36.3 |
| Max | 5 709.2 |
Other Multiples
Qantas Airways Ltd
Glance View
Qantas Airways Ltd., affectionately known as the "Flying Kangaroo," stands as a titan in the aviation industry with a storied history dating back to 1920. Originating from the expanses of the Queensland outback, Qantas has evolved into Australia’s flagship airline, building a reputation for safety, innovation, and exceptional service. Its comprehensive operations extend far beyond merely ferrying passengers across continents. Qantas operates via two distinct segments: Qantas Domestic and Qantas International, covering a vast network that stretches over more than 85 destinations across 20 countries. This robust network is bolstered by its loyalty program, Qantas Frequent Flyer, which not only enhances customer retention but also contributes significantly to its bottom line through partnerships and financial services. At the core of Qantas's business model is its ability to strategically leverage its brand and operational efficiencies in a highly competitive market. By investing in fleet modernization and technological advancements, the airline enhances fuel efficiency and delivers a premium flying experience. Ancillary services, such as flight upgrades, baggage fees, and in-flight purchases, augment their revenue streams. Moreover, their dedication to sustainability, reflected in initiatives like carbon offset programs, aligns with increasingly eco-conscious consumer preferences, further solidifying customer loyalty. Consequently, despite the challenges synonymous with the aviation industry, including fluctuating fuel prices and economic cycles, Qantas sustains its profitability by maintaining operational excellence and a diversified business approach.