As of 2025-05-16, the Relative Valuation of Air Canada (AC.TO) is 36.88 CAD. This relative valuation is based on P/E multiples. With the latest stock price at 18.91 CAD, the upside of Air Canada based on Relative Valuation is 95%.
The range of the Relative Valuation is 18.79 - 60.22 CAD.
Range | Selected | |
Trailing P/E multiples | 9.2x - 11.3x | 10.3x |
Forward P/E multiples | 9.3x - 9.9x | 9.3x |
Fair Price | 18.79 - 60.22 | 36.88 |
Upside | -0.6% - 218.5% | 95.0% |
(CAD in millions except Fair Price) | |||
Market Cap (CAD mil) | Trailing P/E | Forward P/E | |
Air Canada | 6,103 | 3.5x | 9.3x |
American Airlines Group Inc | 10,811 | 11.3x | 9.2x |
Alaska Air Group Inc | 9,075 | 18x | 11.1x |
Copa Holdings SA | 5,874 | 6.9x | 6.5x |
Delta Air Lines Inc | 45,762 | 9x | 9.3x |
Exchange Income Corp | 2,975 | 24.5x | 18x |
Southwest Airlines Co | 25,300 | 33.2x | 32.2x |
SkyWest Inc | 5,738 | 11.3x | 10.8x |
United Airlines Holdings Inc | 34,845 | 6.8x | 7.4x |
Easyjet PLC | 7,768 | 9.3x | 8.2x |
Industry median | 10.3x | 9.3x | |
(*) Profit after tax | 1,720 | 655 | |
Equity value | 17,716 | 6,091 | |
(/) Outstanding shares | 323 | 323 | |
Fair price | 55 | 19 | |
May 13, 2025 | 3.56 |
May 12, 2025 | 3.45 |
May 09, 2025 | 3.29 |
May 08, 2025 | 2.87 |
May 07, 2025 | 2.81 |
May 06, 2025 | 2.78 |
May 05, 2025 | 2.81 |
May 02, 2025 | 2.76 |
May 01, 2025 | 2.65 |
April 30, 2025 | 2.62 |
April 29, 2025 | 2.64 |
April 28, 2025 | 2.63 |
April 25, 2025 | 2.64 |
April 24, 2025 | 2.69 |
April 23, 2025 | 2.65 |
April 22, 2025 | 2.62 |
April 21, 2025 | 2.6 |
April 17, 2025 | 2.62 |
April 16, 2025 | 2.63 |
April 15, 2025 | 2.62 |
April 14, 2025 | 2.64 |
April 11, 2025 | 2.57 |
April 10, 2025 | 2.48 |
April 09, 2025 | 2.65 |
April 08, 2025 | 2.41 |
April 07, 2025 | 2.44 |
April 04, 2025 | 2.54 |
April 03, 2025 | 2.62 |
April 02, 2025 | 2.69 |
April 01, 2025 | 2.7 |
March 31, 2025 | 2.66 |
March 28, 2025 | 2.65 |
March 27, 2025 | 2.74 |
March 26, 2025 | 2.84 |
March 25, 2025 | 2.86 |
March 24, 2025 | 2.88 |
March 21, 2025 | 2.86 |
March 20, 2025 | 2.85 |
March 19, 2025 | 2.86 |
March 18, 2025 | 2.88 |
March 17, 2025 | 2.91 |
March 14, 2025 | 2.88 |
March 13, 2025 | 2.85 |
March 12, 2025 | 2.9 |
March 11, 2025 | 2.91 |
March 10, 2025 | 2.96 |
March 07, 2025 | 3.07 |
March 06, 2025 | 3.02 |
March 05, 2025 | 3.13 |
March 04, 2025 | 3.02 |