As of 2026-03-20, the Relative Valuation of Air Canada (AC.TO) is 23.10 CAD. This relative valuation is based on P/E multiples. With the latest stock price at 17.58 CAD, the upside of Air Canada based on Relative Valuation is 31.4%.
The range of the Relative Valuation is 18.56 - 42.35 CAD.
| Range | Selected | |
| Trailing P/E multiples | 8.5x - 19.3x | 8.8x |
| Forward P/E multiples | 8.4x - 11.7x | 8.8x |
| Fair Price | 18.56 - 42.35 | 23.10 |
| Upside | 5.6% - 140.9% | 31.4% |
| Date | P/E |
| 2026-03-18 | 8.01 |
| 2026-03-17 | 8.07 |
| 2026-03-16 | 7.75 |
| 2026-03-13 | 7.55 |
| 2026-03-12 | 7.79 |
| 2026-03-11 | 8.02 |
| 2026-03-10 | 7.96 |
| 2026-03-09 | 8.10 |
| 2026-03-06 | 8.05 |
| 2026-03-05 | 8.38 |
| 2026-03-04 | 8.61 |
| 2026-03-03 | 8.69 |
| 2026-03-02 | 8.77 |
| 2026-02-27 | 9.40 |
| 2026-02-26 | 9.72 |
| 2026-02-25 | 9.51 |
| 2026-02-24 | 9.21 |
| 2026-02-23 | 9.30 |
| 2026-02-20 | 9.58 |
| 2026-02-19 | 9.57 |
| 2026-02-18 | 9.67 |
| 2026-02-17 | 9.36 |
| 2026-02-13 | 9.23 |
| 2026-02-12 | 8.90 |
| 2026-02-11 | 8.90 |
| 2026-02-10 | 9.19 |
| 2026-02-09 | 9.21 |
| 2026-02-06 | 9.64 |
| 2026-02-05 | 9.49 |
| 2026-02-04 | 9.59 |
| 2026-02-03 | 9.42 |
| 2026-02-02 | 8.92 |
| 2026-01-30 | 8.59 |
| 2026-01-29 | 8.60 |
| 2026-01-28 | 8.71 |
| 2026-01-27 | 8.74 |
| 2026-01-26 | 8.76 |
| 2026-01-23 | 8.82 |
| 2026-01-22 | 8.87 |
| 2026-01-21 | 8.87 |
| 2026-01-20 | 8.54 |
| 2026-01-19 | 8.95 |
| 2026-01-16 | 8.93 |
| 2026-01-15 | 9.01 |
| 2026-01-14 | 8.88 |
| 2026-01-13 | 8.77 |
| 2026-01-12 | 8.85 |
| 2026-01-09 | 8.86 |
| 2026-01-08 | 8.97 |
| 2026-01-07 | 8.94 |