Jet Airways vs SpiceJet Which Is More Reliable?

Jet Airways and SpiceJet are two major players in the Indian aviation industry, both listed on the stock exchange. Jet Airways has a long-standing reputation as one of the leading airlines in India, while SpiceJet has gained popularity for its low-cost carrier model. Both companies have faced their fair share of challenges in recent years, including financial difficulties and operational setbacks. Investors are closely monitoring the performance of these stocks as they navigate the competitive and volatile airline industry.

Jet Airways or SpiceJet?

When comparing Jet Airways and SpiceJet, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between Jet Airways and SpiceJet.

Dividend Investors:

Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company. Jet Airways has a dividend yield of -%, while SpiceJet has a dividend yield of -%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. Jet Airways reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%. On the other hand, SpiceJet reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%.

Value Investors:

Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with Jet Airways P/E ratio at -7.66 and SpiceJet's P/E ratio at -9.98. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Jet Airways P/B ratio is 0.00 while SpiceJet's P/B ratio is -0.88.

Growth Investors:

Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Jet Airways has seen a 5-year revenue growth of 0.00%, while SpiceJet's is -0.53%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Jet Airways's ROE at 0.58% and SpiceJet's ROE at 8.29%.

Retail Investors:

Retail investors often consider stock affordability and company familiarity. For example, day low prices are ₹34.16 for Jet Airways and ₹56.06 for SpiceJet. Over the past year, Jet Airways's prices ranged from ₹34.00 to ₹63.40, with a yearly change of 86.47%. SpiceJet's prices fluctuated between ₹30.80 and ₹107.95, with a yearly change of 250.49%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.