New Horizon Aircraft Ltd.

New Horizon Aircraft Ltd.verified

HOVR

Price:

$0.475

Market Cap:

$14.91M

New Horizon Aircraft Ltd., an aerospace engineering company, focuses on designing and developing the hybrid electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market primarily in the United States. It is developing Cavorite X7, a hybrid electric 7-seat aircraft that can take off and land vertically. The company was founded in 2013 and is headquartered in Lindsay, Canada.

Industry

Aerospace & Defense

IPO Date

2023-04-03

Stock Exchange

NASDAQ

Ticker

HOVR

The PE Ratio as of May 2025 (TTM) for New Horizon Aircraft Ltd. (HOVR) is 1.36

According to New Horizon Aircraft Ltd.’s latest financial reports and current stock price. The company's current PE Ratio is 1.36. This represents a change of -180.25% compared to the average of -1.69 of the last 4 quarters.

New Horizon Aircraft Ltd. (HOVR) Historical PE Ratio (quarterly & annually)

How has HOVR PE Ratio performed in the past?

The mean historical PE Ratio of New Horizon Aircraft Ltd. over the last ten years is -9268.17. The current 1.36 PE Ratio has changed -101.47% with respect to the historical average. Over the past ten years (40 quarters), HOVR's PE Ratio was at its highest in in the September 2023 quarter at 544.10. The PE Ratio was at its lowest in in the June 2022 quarter at -51612.10.

Quarterly (TTM)
Annual

Average

-9268.17

Median

-130.32

Minimum

-27644.80

Maximum

-29.41

New Horizon Aircraft Ltd. (HOVR) PE Ratio by Quarter and Year

Discovering the peaks and valleys of New Horizon Aircraft Ltd. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 21.11%

Maximum Annual PE Ratio = -29.41

Minimum Annual Increase = -99.89%

Minimum Annual PE Ratio = -27644.80

Quarterly (TTM)
Annual
YearPE RatioChange
2023-29.41-99.89%
2023-27644.8021.11%

New Horizon Aircraft Ltd. (HOVR) Average PE Ratio

How has HOVR PE Ratio performed in the past?

The current PE Ratio of New Horizon Aircraft Ltd. (HOVR) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-9268.17

5-year avg

-9268.17

10-year avg

-9268.17

New Horizon Aircraft Ltd. (HOVR) PE Ratio vs. Peers

How is HOVR’s PE Ratio compared to its peers?

New Horizon Aircraft Ltd.’s PE Ratio is

CompanyPE RatioMarket cap

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