InterGlobe Aviation (NSE:INDIGO) EV-to-EBITDA: 17.92 (As of Sep. 21, 2026) — 20% Above Median

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NSE:INDIGO InterGlobe Aviation Ltd NSE:INDIGO
88 GF Score
Price ₹4,920.00
GF Value ₹5,592.38
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is InterGlobe Aviation EV-to-EBITDA?

InterGlobe Aviation NSE:INDIGO +1.55% 88 EV-to-EBITDA is 17.92 as of Sep. 21, 2026, which is 20% above its 10-year median of 14.91. GuruFocus rates NSE:INDIGO with a GF Score™ of 88/100 and a GF Value™ of ₹5,592.38 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 925 Transportation companies, InterGlobe Aviation ranks worse than 98.7% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, InterGlobe Aviation's enterprise value is ₹2,286,707 Mil. InterGlobe Aviation's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹127,628 Mil. Therefore, InterGlobe Aviation's EV-to-EBITDA for today is 17.92.

The historical rank and industry rank for InterGlobe Aviation's EV-to-EBITDA or its related term are showing as below:

NSE:INDIGO' s EV-to-EBITDA Range Over the Past 10 Years
Min: -1470.01   Med: 14.91   Max: 169.6
Current: 147.49

During the past 13 years, the highest EV-to-EBITDA of InterGlobe Aviation was 169.60. The lowest was -1470.01. And the median was 14.91.

NSE:INDIGO's EV-to-EBITDA is ranked worse than
98.7% of 925 companies
in the Transportation industry
Industry Median: 7.9 vs NSE:INDIGO: 147.49

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-09-21), InterGlobe Aviation's stock price is ₹4920.00. InterGlobe Aviation's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹-124.338. Therefore, InterGlobe Aviation's PE Ratio (TTM) for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


InterGlobe Aviation  (NSE:INDIGO) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

InterGlobe Aviation's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=4920.00/-124.338
=At Loss

InterGlobe Aviation's share price for today is ₹4920.00.
InterGlobe Aviation's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-124.338.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


InterGlobe Aviation EV-to-EBITDA Related Terms


InterGlobe Aviation EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for InterGlobe Aviation's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

InterGlobe Aviation EV-to-EBITDA Chart

InterGlobe Aviation Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 101.16 12.65 8.64 10.80 13.15

InterGlobe Aviation Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 11.50 - 12.25 -

NSE:INDIGO vs DAL, UAL, LUV: EV-to-EBITDA Comparison

For the Airlines subindustry, InterGlobe Aviation's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


InterGlobe Aviation EV-to-EBITDA vs Transportation Industry

For the Transportation industry and Industrials sector, InterGlobe Aviation's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where InterGlobe Aviation's EV-to-EBITDA falls into.


NSE:INDIGO
88GF Score
InterGlobe Aviation Ltd NSE:INDIGO
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

InterGlobe Aviation EV-to-EBITDA Calculation

InterGlobe Aviation's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=2286706.657/127628
=17.92

InterGlobe Aviation's current Enterprise Value is ₹2,286,707 Mil.
InterGlobe Aviation's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹127,628 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 17.92 mean?
InterGlobe Aviation (NSE:INDIGO) has a EV-to-EBITDA of 17.92 as of Sep. 21, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on InterGlobe Aviation. This is 20% above median its historical median of 14.91. According to the industry distribution chart, InterGlobe Aviation ranks #913 out of 925 companies in the Transportation industry, placing it in the top 98.7%.
Is InterGlobe Aviation's EV-to-EBITDA too high?
InterGlobe Aviation's current EV-to-EBITDA of 17.92 is 20% above median its 10-year median of 14.91. The Transportation industry median EV-to-EBITDA is 7.90. InterGlobe Aviation's value of 17.92 is 126.8% above this industry median. Based on the distribution chart, InterGlobe Aviation ranks #913 out of 925 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, InterGlobe Aviation has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does InterGlobe Aviation's EV-to-EBITDA compare to DAL and UAL?
According to the Transportation industry distribution chart, InterGlobe Aviation ranks #913 out of 925 companies for EV-to-EBITDA. This places InterGlobe Aviation in the lower half of its industry. The industry median EV-to-EBITDA is 7.90. InterGlobe Aviation's value of 17.92 is 126.8% above this benchmark. While the company's 10-year median is 14.91 vs. the industry median of 7.90, InterGlobe Aviation has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Transportation company?
The median EV-to-EBITDA among Transportation companies is 7.90, based on 925 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. InterGlobe Aviation's current EV-to-EBITDA of 17.92 is 126.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on InterGlobe Aviation. For the Transportation industry, the median EV-to-EBITDA is 7.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. InterGlobe Aviation's current EV-to-EBITDA is 17.92, which is 20% above median its own 10-year median of 14.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is InterGlobe Aviation stock overvalued right now?
Based on GuruFocus' analysis, InterGlobe Aviation (NSE:INDIGO) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹5,592.38, compared to a current price of ₹4,920.00 — trading 12% below its estimated fair value. The current EV-to-EBITDA is 17.92, which is 20% above median its 10-year median of 14.91 and 126.8% above the Transportation industry median of 7.90. InterGlobe Aviation's overall GF Score™ is 88/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For InterGlobe Aviation (NSE:INDIGO), the current EV-to-EBITDA is 17.92 as of Sep. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is InterGlobe Aviation (NSE:INDIGO) Overvalued in 2026?

Based on GuruFocus' analysis, InterGlobe Aviation stock appears to be undervalued. The current stock price of ₹4,920.00 is trading 12% below its estimated GF Value™ of ₹5,592.38. GuruFocus considers InterGlobe Aviation to be Modestly Undervalued.

Key valuation signals for NSE:INDIGO:

  • EV-to-EBITDA: 17.92 (20% above median its 10-year median of 14.91)
  • GF Value™: ₹5,592.38 vs. price of ₹4,920.00 (12% below fair value)
  • GF Score™: 88/100 with 4 warning signs
  • Industry Position: 126.8% above the Transportation median (#913 of 925)

No single metric tells the full story. See the NSE:INDIGO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


InterGlobe Aviation Business Description

Other Exchanges 539448:India
Address Gurgaon Road, MG Road, Third floor, Emaar Capital Tower-II, Sector-26, Sikanderpur Ghosi, Gurugram, HR, IND, 122 002
InterGlobe Aviation Ltd is an airline service provider based in India. The company serves as a low-cost carrier through its Indigo brand. The company caters to its customers through an official website and the IndigoGo App, enabling them to book airline tickets and travel packages. The segments of the company are Air transportation services and Other income. The company earns its revenue predominantly through passenger ticket sales of the domestic airline operation.
88GF Score

Get the complete analysis for NSE:INDIGO

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹4,920.00
Price
₹5,592.38
GF Value