SpiceJet Ltd Financial Ratios

SPICEJET · Aviation · Current price ₹31.7

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P/E ratio
P/B ratio
-0.7x
ROE
-3.2%
ROCE
2.0%
Debt / Equity
6.17
Dividend yield
0.0%
Ratio reference
RatioValueWhat it means
P/EPrice paid per ₹1 of annual earnings — lower is cheaper (context-dependent).
P/B-0.7xPrice relative to book value — <1 can signal deep value or trouble.
ROE-3.2%Return on equity — how much profit the company earns on shareholder capital.
ROCE2.0%Return on capital employed — efficiency including debt. >15% is strong.
D/E6.17Leverage — higher means more debt-funded, riskier in downturns.
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SpiceJet Ltd profitability

SpiceJet Ltd generates a return on equity of -3.2% and a return on capital employed of 2.0%. An ROE consistently above 15% usually points to a quality business with a durable advantage; below 10% suggests weak profitability or a capital-heavy model.

Leverage & valuation

With a debt-to-equity of 6.17 and a P/E of —, SpiceJet Ltd is carrying meaningful debt. Our overall business-quality score for the company is 1.4 / 10.

Understand the ratios

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DocStoX estimates are generated by a deterministic valuation engine from reported financials — for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.