As of 2026-01-07, the Relative Valuation of Thales SA (HO.PA) is 184.54 EUR. This relative valuation is based on P/E multiples. With the latest stock price at 246.10 EUR, the upside of Thales SA based on Relative Valuation is -25.0%.
The range of the Relative Valuation is 147.10 - 232.55 EUR.
| Range | Selected | |
| Trailing P/E multiples | 28.4x - 32.3x | 30.0x |
| Forward P/E multiples | 28.6x - 35.8x | 33.0x |
| Fair Price | 147.10 - 232.55 | 184.54 |
| Upside | -40.2% - -5.5% | -25.0% |
| Date | P/E |
| 2026-01-06 | 47.90 |
| 2026-01-05 | 47.55 |
| 2026-01-02 | 45.40 |
| 2025-12-31 | 44.40 |
| 2025-12-30 | 44.38 |
| 2025-12-29 | 43.88 |
| 2025-12-24 | 44.17 |
| 2025-12-23 | 44.24 |
| 2025-12-22 | 44.53 |
| 2025-12-19 | 44.40 |
| 2025-12-18 | 44.67 |
| 2025-12-17 | 43.95 |
| 2025-12-16 | 43.95 |
| 2025-12-15 | 44.69 |
| 2025-12-12 | 44.65 |
| 2025-12-11 | 44.13 |
| 2025-12-10 | 44.05 |
| 2025-12-09 | 45.00 |
| 2025-12-08 | 43.86 |
| 2025-12-05 | 43.32 |
| 2025-12-04 | 43.41 |
| 2025-12-03 | 43.38 |
| 2025-12-02 | 42.78 |
| 2025-12-01 | 42.41 |
| 2025-11-28 | 43.55 |
| 2025-11-27 | 43.76 |
| 2025-11-26 | 43.59 |
| 2025-11-25 | 43.72 |
| 2025-11-24 | 43.18 |
| 2025-11-21 | 43.84 |
| 2025-11-20 | 45.56 |
| 2025-11-19 | 45.00 |
| 2025-11-18 | 46.14 |
| 2025-11-17 | 46.89 |
| 2025-11-14 | 46.25 |
| 2025-11-13 | 47.08 |
| 2025-11-12 | 46.56 |
| 2025-11-11 | 46.49 |
| 2025-11-10 | 46.62 |
| 2025-11-07 | 46.56 |
| 2025-11-06 | 46.08 |
| 2025-11-05 | 46.39 |
| 2025-11-04 | 47.72 |
| 2025-11-03 | 48.21 |
| 2025-10-31 | 47.70 |
| 2025-10-30 | 47.49 |
| 2025-10-29 | 47.64 |
| 2025-10-28 | 48.82 |
| 2025-10-27 | 48.61 |
| 2025-10-24 | 48.96 |