As of 2026-04-06, the Relative Valuation of Qantas Airways Ltd (QAN.AX) is 8.91 AUD. This relative valuation is based on P/E multiples. With the latest stock price at 8.55 AUD, the upside of Qantas Airways Ltd based on Relative Valuation is 4.2%.
The range of the Relative Valuation is 8.21 - 9.65 AUD.
| Range | Selected | |
| Trailing P/E multiples | 7.9x - 9.0x | 8.5x |
| Forward P/E multiples | 7.3x - 8.6x | 7.8x |
| Fair Price | 8.21 - 9.65 | 8.91 |
| Upside | -4.0% - 12.9% | 4.2% |
| Date | P/E |
| 2026-04-02 | 8.06 |
| 2026-04-01 | 8.17 |
| 2026-03-31 | 7.89 |
| 2026-03-30 | 7.79 |
| 2026-03-27 | 7.96 |
| 2026-03-26 | 8.00 |
| 2026-03-25 | 8.21 |
| 2026-03-24 | 7.88 |
| 2026-03-23 | 7.72 |
| 2026-03-20 | 7.91 |
| 2026-03-19 | 8.03 |
| 2026-03-18 | 8.30 |
| 2026-03-17 | 8.15 |
| 2026-03-16 | 8.09 |
| 2026-03-13 | 8.15 |
| 2026-03-12 | 8.16 |
| 2026-03-11 | 8.31 |
| 2026-03-10 | 8.08 |
| 2026-03-09 | 8.01 |
| 2026-03-06 | 8.45 |
| 2026-03-05 | 8.56 |
| 2026-03-04 | 8.43 |
| 2026-03-03 | 8.66 |
| 2026-03-02 | 8.91 |
| 2026-02-27 | 9.33 |
| 2026-02-26 | 9.18 |
| 2026-02-25 | 9.98 |
| 2026-02-24 | 9.81 |
| 2026-02-23 | 9.94 |
| 2026-02-20 | 10.01 |
| 2026-02-19 | 10.11 |
| 2026-02-18 | 10.07 |
| 2026-02-17 | 9.95 |
| 2026-02-16 | 9.82 |
| 2026-02-13 | 9.75 |
| 2026-02-12 | 9.89 |
| 2026-02-11 | 9.82 |
| 2026-02-10 | 9.72 |
| 2026-02-09 | 9.82 |
| 2026-02-06 | 9.56 |
| 2026-02-05 | 9.69 |
| 2026-02-04 | 9.66 |
| 2026-02-03 | 9.65 |
| 2026-02-02 | 9.57 |
| 2026-01-30 | 9.43 |
| 2026-01-29 | 9.54 |
| 2026-01-28 | 9.77 |
| 2026-01-27 | 9.66 |
| 2026-01-23 | 9.76 |
| 2026-01-22 | 9.92 |