Latest Ratios: P/E Ratio 0.1x · EV/EBITDA N/A · ROE 32.2%. (2020–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Market Cap | $2M | $8M | $1M | $14M | $91M | $322M | — |
| Enterprise Value | $959687 | $7M | $-3583730 | $14M | $91M | $321M | — |
| P/E Ratio → | 0.09 | 1.76 | — | — | — | — | — |
| P/S Ratio | 0.25 | 0.88 | 0.09 | 1.15 | 4.15 | — | — |
| P/B Ratio | 0.02 | 0.37 | 0.19 | — | 123.26 | 3.03 | — |
| P/FCF | — | — | — | — | — | — | — |
| P/OCF | — | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.73 | -0.26 | 1.15 | 4.17 | — | — |
| EV / EBITDA | — | — | — | — | — | — | — |
| EV / EBIT | — | 1.47 | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Gross Margin | -3.3% | -3.3% | -6.9% | -1.5% | 9.4% | — | 100.0% |
| Operating Margin | -109.7% | -109.7% | -89.6% | -102.4% | -35.4% | — | -53549.5% |
| Net Profit Margin | 50.0% | 50.0% | -90.8% | -103.3% | -35.4% | — | -53588.5% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| ROE | 32.2% | 32.2% | -988.5% | — | -14.5% | -6.5% | -91.5% |
| ROA | 25.2% | 25.2% | -154.0% | -237.4% | -12.7% | -5.9% | -79.9% |
| ROIC | -67.7% | -67.7% | — | — | -10.9% | -0.1% | -273.7% |
| ROCE | -69.5% | -69.5% | -433.7% | -2371.8% | -12.9% | -0.1% | -87.6% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.02 | 0.02 | 0.16 | — | 2.75 | — | 0.04 |
| Debt / EBITDA | — | — | — | — | — | — | — |
| Net Debt / Equity | — | -0.06 | -0.74 | — | 0.68 | -0.01 | -0.75 |
| Net Debt / EBITDA | — | — | — | — | — | — | — |
| Debt / FCF | — | — | — | — | — | — | — |
| Interest Coverage | — | — | -75.22 | -120.74 | — | — | — |
Net cash position: cash ($2M) exceeds total debt ($495782)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Current Ratio | 0.58 | 0.58 | 1.68 | 0.46 | 0.72 | 34.14 | 7.79 |
| Quick Ratio | 0.58 | 0.58 | 1.68 | 0.46 | 0.72 | 34.14 | 7.79 |
| Cash Ratio | 0.49 | 0.49 | 1.55 | 0.30 | 0.58 | 34.13 | 7.79 |
| Asset Turnover | — | 0.36 | 1.30 | 2.13 | 4.47 | — | 0.00 |
| Inventory Turnover | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 3.87 | 3.44 | 2.88 | — | — | 30.52 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Earnings Yield | 100.0% | 56.9% | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.2% | 0.0% | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.2% | 0.0% | — |
| Shares Outstanding | — | $68833 | $1396 | $216 | $193 | $322 | $11 |
Imminent liquidity and dilution
According to current market data, JTAI trades at a P/S multiple of 0.32, which, based on reported figures, suggests the market is heavily discounting the company's future prospects due to persistent revenue contraction and the absence of a clear path toward sustainable, high-margin software-driven profitability.
The low P/S ratio relative to broader technology peers indicates that investors are pricing the firm as a distressed asset rather than a growth-stage software provider. This valuation appears to reflect deep skepticism regarding the company's ability to convert its niche regulatory software into a scalable, recurring revenue stream.
As reported in financial statements, JTAI's ROIC has consistently trended in negative territory, reaching -9.9% in 2026Q1, which indicates that the company is currently destroying shareholder value rather than compounding it through its investments in AI-integrated booking platforms and aviation service infrastructure.
The persistent negative return on capital suggests that the firm's asset base is not generating sufficient returns to cover its cost of capital. This trend warrants further investigation into whether the company's capital allocation strategy is fundamentally flawed or merely hampered by the high fixed costs of its current business model.
Based on historical data, JTAI's asset turnover has declined from 0.79 in 2023Q4 to 0.05 in 2026Q1, which, according to recent SEC filings, suggests a significant deterioration in the company's ability to utilize its asset base to generate meaningful top-line revenue growth.
The erratic nature of the cash conversion cycle and the decline in asset turnover imply that the company is struggling to manage its working capital effectively. Investors should monitor whether these inefficiencies are structural or if they represent temporary disruptions in the firm's transition toward a software-centric model.
As evidenced by the company's current ratio of 4.09 in 2026Q1, which masks a precarious cash position of only $1.8M, JTAI appears highly vulnerable to short-term liquidity shocks, especially given the persistent operating losses that continue to erode the firm's available cash reserves.
The current ratio may provide a misleading sense of security, as the underlying cash burn rate suggests that the company's ability to meet its obligations is increasingly dependent on external financing. This liquidity profile indicates that the firm may face significant challenges in maintaining operations without further dilutive capital raises.
The P/E ratio is the most commonly misapplied metric for JTAI, as the company's reported net income is frequently distorted by non-recurring accounting adjustments, which, based on reported figures, completely obscures the underlying reality of its deep, persistent operating losses and cash-burning business model.
Investors should instead focus on operating cash flow and gross margin trends to assess the true earning power of the business. Relying on P/E in this context is dangerous, as it creates a 'screen trap' that ignores the fundamental disconnect between accounting profits and actual operational viability.
Includes 30+ ratios · 6 years · Updated daily
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10-year return with dividends reinvested.
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Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying JTAI stock.
Jet.AI Inc.'s current P/E ratio is 0.1x. The historical average is 1.8x.
Jet.AI Inc.'s return on equity (ROE) is 32.2%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is -20.1%.
Based on historical data, Jet.AI Inc. is trading at a P/E of 0.1x. Compare with industry peers and growth rates for a complete picture.
Jet.AI Inc. has -3.3% gross margin and -109.7% operating margin.