New Horizon Aircraft Ltd Market Cap ($78.54 Million)
Market Cap & Net Worth: New Horizon Aircraft Ltd (HOVR)
New Horizon Aircraft Ltd market cap. New Horizon Aircraft Ltd (NASDAQ:HOVR) has a market capitalization of $78.54 Million ($78.54 Million) as of November 5, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #19970 globally and #4573 in its home market, demonstrating a -10.00% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying New Horizon Aircraft Ltd's stock price $1.17 by its total outstanding shares 67123941 (67.12 Million). Also see cash efficiency ratio of New Horizon Aircraft Ltd for how efficiently the company converts equity into cash flow.
New Horizon Aircraft Ltd Market Cap History (2023–2026)
New Horizon Aircraft Ltd market cap history from 2023 to 2026. Data shows change from $558.47 Million to $78.54 Million (-45.29% CAGR). Check New Horizon Aircraft Ltd share price for real-time trading data and today's change.
Index Memberships
New Horizon Aircraft Ltd is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NASDAQ Composite
IXIC
|
$40.12 Trillion | 0.00% | #1910 of 3165 |
Weight: New Horizon Aircraft Ltd's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
New Horizon Aircraft Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how New Horizon Aircraft Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Explore New Horizon Aircraft Ltd equity growth rate to track how rapidly the company is growing its equity base year over year.
Latest Price to Sales (P/S) Ratio
No P/S ratio data available
Latest Price to Earnings (P/E) Ratio
No P/E ratio data available
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| No financial ratio data available | |||||
Competitor Companies of HOVR by Market Capitalization
Companies near New Horizon Aircraft Ltd in the global market cap rankings as of November 5, 2026. Also see New Horizon Aircraft Ltd total assets for a full breakdown of the balance sheet.
Key companies related to New Horizon Aircraft Ltd by market ranking:
- Space Exploration Technologies Corp. Class A Common Stock (NASDAQ:SPCX): Ranked #13 globally with a market cap of $1.05 Trillion USD.
- GE Aerospace (NYSE:GE): Ranked #46 globally with a market cap of $343.73 Billion USD.
- General Electric Company (SA:GEOO34): Ranked #62 globally with a market cap of $289.12 Billion USD ( R$1.47 Trillion BRL).
- RTX Corporation (NYSE:RTX): Ranked #70 globally with a market cap of $267.44 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #13 | Space Exploration Technologies Corp. Class A Common Stock | NASDAQ:SPCX | $1.05 Trillion | $135.92 |
| #46 | GE Aerospace | NYSE:GE | $343.73 Billion | $329.45 |
| #62 | General Electric Company | SA:GEOO34 | $289.12 Billion | R$1410.25 |
| #70 | RTX Corporation | NYSE:RTX | $267.44 Billion | $198.43 |
Market Capitalization of New Horizon Aircraft Ltd (2023–2026)
Market capitalization of New Horizon Aircraft Ltd from 2023 to today. Between 2023 and today, New Horizon Aircraft Ltd's market cap moved from $558.47 Million to $ 78.54 Million, with a yearly change of -45.29%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $78.54 Million | -20.41% |
| 2025 | $98.67 Million | +30.09% |
| 2024 | $75.85 Million | -86.42% |
| 2023 | $558.47 Million | -- |
End of Day Market Cap According to Different Sources
On Nov 5th, 2026 the market cap of New Horizon Aircraft Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $78.54 Million USD |
| MoneyControl | $78.54 Million USD |
| MarketWatch | $78.54 Million USD |
| marketcap.company | $78.54 Million USD |
| Reuters | $78.54 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About New Horizon Aircraft Ltd
New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, engages in designing and building hybrid-electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the United States. It also designs and delivers Cavorite X7, a hybrid electric 7-seat aircraft that can take off and land vertically. The company was founded in 2013 and is headquart… Read more