Virgin Galactic Holdings, Inc. (SPCE) P/E Ratio History
Deep ValueTrading at -0.7x · 0th percentile of 5-year range · Significant discount to historical valuation · Data 2018–2018
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P/E Ratio Analysis
As of June 15, 2026, Virgin Galactic Holdings, Inc. (SPCE) trades at a price-to-earnings ratio of -0.7x, with a stock price of $3.91 and trailing twelve-month earnings per share of $-3.26.
The current P/E is 102% below its 5-year average of 29.3x. Over the past five years, SPCE's P/E has ranged from a low of 29.1x to a high of 29.5x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Industrials sector median P/E of 25.8x, SPCE trades at a 103% discount to its sector peers. The sector includes 403 companies with P/E ratios ranging from 0.1x to 198.8x.
Relative to the broader market, SPCE trades at a notable discount to the S&P 500 median P/E of 25.1x. 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 SPCE 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.
SPCE Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
SPCE P/E vs Peers
Space Systems and Launch peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $173B | 88.3 | - | +114%Best | |
| $125B | 25.1 | - | -4% | |
| $78B | 18.9Lowest | 2.14Best | +3% | |
| $247B | 37.0 | - | +40% | |
| $11B | 444.2 | - | +18% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
SPCE Historical P/E Data (2018–2018)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2018 Q3 | Sep 30 2018 | $198.20 | $6.81 | 29.1x | -1% |
| FY2018 Q2 | Jun 30 2018 | $201.00 | $6.81 | 29.5x | +1% |
Average P/E for displayed period: 29.3x
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Compare NowSPCE — Frequently Asked Questions
Quick answers to the most common questions about buying SPCE stock.
What is SPCE's P/E ratio?
Virgin Galactic Holdings, Inc. (SPCE) trailing twelve-month P/E ratio is -0.7x, based on TTM diluted EPS of $-3.26. The 5-year average P/E is 29.3x and the historical range spans 29.1x to 29.5x.
Is SPCE stock overvalued or undervalued?
SPCE trades at -0.7x P/E, below its 5-year average of 29.3x. At the 0th percentile of its historical range (29.1x–29.5x), the stock is priced at a discount to its own history.
Is SPCE stock expensive?
No, SPCE is not expensive on a historical basis. The current P/E of -0.7x is below the 5-year average of 29.3x and sits at the 0th percentile of its valuation range.
What is SPCE's historical P/E range?
Over the past 5 years, SPCE's P/E ratio has ranged from 29.1x to 29.5x, with a median of 29.5x and an average of 29.3x. The current P/E of -0.7x places the stock at the 0th percentile of this range. Full historical data spans 2018–2018.
How does SPCE's P/E compare to the S&P 500?
SPCE trades at -0.7x P/E versus the S&P 500 median of 25.1x. The 103% discount to the market suggests lower growth expectations or perceived higher risk.
How does SPCE's valuation compare to Industrials peers?
Virgin Galactic Holdings, Inc. P/E of -0.7x compares to the Industrials sector median of 25.8x. 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 SPCE's PEG ratio?
SPCE PEG ratio is N/A, based on a P/E of -0.7x and EPS growth of 60.8%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is SPCE's earnings yield?
SPCE earnings yield is N/A, the inverse of its -0.7x 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.