Start with its own history
At 27.54×, CAE is 14.8% below its 8-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NASDAQ · CAEAerospace & DefenseUpdated Nov 2, 2026
CAE Inc. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
27.54×
14.8% belowthe 8-observation annual average
Share price26.31
÷Earnings per share0.9554
Price and EPS in quote currency. Calculation details
Investors are paying 27.54 for every 1 of reported earnings per share.
P/E over time
2017 – 2026
Annual P/ESelected-period average 32.34×
3-year average32.41×2 positive annual observations
5-year average44.80×4 positive annual observations
10-year average32.34×8 positive annual observations
Peer median · TTM24.64×1 peers with positive P/E
Historical P/E ratios
Annual period-end data · 24 observations
| Period end | P/E | Change |
|---|---|---|
| Mar 31, 2026 | 36.96× | +32.7% |
| Mar 31, 2025 | 27.86× | N/M |
| Mar 31, 2024 | N/M | N/M |
| Mar 31, 2023 | 43.66× | -38.3% |
| Mar 31, 2022 | 70.74× | N/M |
| Mar 31, 2021 | N/M | N/M |
| Mar 31, 2020 | 15.21× | -36.9% |
| Mar 31, 2019 | 24.11× | +30.1% |
View all 24 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Mar 31, 2018 | 18.53× | -14.3% |
| Mar 31, 2017 | 21.62× | +22.3% |
| Mar 31, 2016 | 17.67× | -9.1% |
| Mar 31, 2015 | 19.45× | -2.4% |
| Mar 31, 2014 | 19.93× | +8.6% |
| Mar 31, 2013 | 18.35× | +25.6% |
| Mar 31, 2012 | 14.61× | -25.1% |
| Mar 31, 2011 | 19.52× | +10.2% |
| Mar 31, 2010 | 17.71× | +83.4% |
| Mar 31, 2009 | 9.66× | -50.2% |
| Mar 31, 2008 | 19.38× | -24.0% |
| Mar 31, 2007 | 25.51× | -30.5% |
| Mar 31, 2006 | 36.72× | N/M |
| Mar 31, 2005 | N/M | N/M |
| Mar 31, 2004 | 21.15× | +267.5% |
| Mar 31, 2003 | 5.75× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How CAE compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 CAE This stockCAE Inc. | 27.54× |
 CGY.TOCalian Group Ltd. | 24.64× |
 SNA.CNStar Navigation Systems Group Ltd. | N/M |
 FLT.TOVolatus Aerospace Inc. | N/M |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does CAE’s P/E tell you?
Compare like with like
The median of the 1 positive peer ratios above is 24.64×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take CAE into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("CAE", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 26.31 ÷ EPS 0.9554 = 27.54×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 2, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
CAE P/E ratio: common questions
The essentials behind the numbers.
CAE Inc.'s current P/E is 27.54× based on the quote data last updated Nov 2, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.