New Horizon Aircraft Ltd. (HOVR) P/E Ratio History
ExpensiveTrading at 17.8x vs 5Y avg 6.2x · 100th percentile · Material premium to history · Data 2025–2026
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P/E Ratio Analysis
As of June 23, 2026, New Horizon Aircraft Ltd. (HOVR) trades at a price-to-earnings ratio of 17.8x, with a stock price of $2.14 and trailing twelve-month earnings per share of $-0.74.
The current P/E is 187% above its 5-year average of 6.2x. Over the past five years, HOVR's P/E has ranged from a low of 1.3x to a high of 13.5x, placing the current valuation at the 100th percentile of its historical range.
Compared to the Industrials sector median P/E of 25.5x, HOVR trades at a 30% discount to its sector peers. The sector includes 403 companies with P/E ratios ranging from 0.1x to 186.8x.
Relative to the broader market, HOVR trades at a notable discount to the S&P 500 median P/E of 24.3x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our HOVR DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
HOVR Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
HOVR P/E vs Peers
Drones, Autonomy and eVTOL peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $145B | 31.0Lowest | 16.95 | -15% | |
| $371B | 43.5 | 3.71Best | +36% | |
| $174B | 89.0 | - | +114%Best |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
HOVR Historical P/E Data (2025–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | Aug 31 2025 | $1.75 | $0.13 | 13.5x | +116% |
| FY2025 Q4 | May 31 2025 | $1.06 | $0.27 | 3.9x | -37% |
| FY2025 Q3 | Feb 28 2025 | $0.51 | $0.39 | 1.3x | -79% |
| FY2025 Q2 | Nov 30 2024 | $0.67 | $0.11 | 6.2x | -0% |
Average P/E for displayed period: 6.2x
Intrinsic Valuation
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Historical Returns
1+ years return with dividends reinvested.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
HOVR — Frequently Asked Questions
Quick answers to the most common questions about buying HOVR stock.
What is HOVR's P/E ratio?
New Horizon Aircraft Ltd. (HOVR) trailing twelve-month P/E ratio is 17.8x, based on TTM diluted EPS of $-0.74. The 5-year average P/E is 6.2x and the historical range spans 1.3x to 13.5x.
Is HOVR stock overvalued or undervalued?
HOVR trades at 17.8x P/E, above its 5-year average of 6.2x. The 100th percentile ranking within the 1.3x–13.5x historical range indicates a premium to historical valuation.
Is HOVR stock expensive?
Yes, HOVR is expensive relative to its own history. The current P/E of 17.8x is above the 5-year average of 6.2x. The stock sits at the 100th percentile of its 5-year valuation range.
What is HOVR's historical P/E range?
Over the past 5 years, HOVR's P/E ratio has ranged from 1.3x to 13.5x, with a median of 6.2x and an average of 6.2x. The current P/E of 17.8x places the stock at the 100th percentile of this range. Full historical data spans 2025–2026.
How does HOVR's P/E compare to the S&P 500?
HOVR trades at 17.8x P/E versus the S&P 500 median of 24.3x. The 27% discount to the market suggests lower growth expectations or perceived higher risk.
How does HOVR's valuation compare to Industrials peers?
New Horizon Aircraft Ltd. P/E of 17.8x compares to the Industrials sector median of 25.5x. The discount suggests lower growth expectations, weaker margins, or higher perceived risk relative to peers. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is HOVR's PEG ratio?
HOVR PEG ratio is N/A, based on a P/E of 17.8x and EPS growth of 122.4%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is HOVR's earnings yield?
HOVR earnings yield is 5.60%, the inverse of its 17.8x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.