Which has the lower trailing P/E, AISP or FATN?

AISP has the lower trailing P/E: AISP trades at 2.83 and FATN at 13.72. P/E is one valuation measure and does not by itself establish which business is cheaper.

Is AISP or FATN more profitable?

AISP runs the higher net margin — AISP at 144.60% versus FATN at 26.87%.

Airship AI Holdings, Inc. (AISP) vs FatPipe, Inc. (FATN)

A side-by-side comparison of Airship AI Holdings, Inc. and FatPipe, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

AISP

Airship AI Holdings, Inc.

$74M

$2.14TechnologyDelayed quote: Oct 6, 2026, 12:45 PM EDT

FATN

FatPipe, Inc.

$75M

$5.34TechnologyDelayed quote: Oct 6, 2026, 12:42 PM EDT

Total return — AISP vs FATN

growth of $100 · dividends reinvested · last 1y

AISP -45.0% (-45.0%/yr)FATN -57.8% (-57.8%/yr)AISP compounded faster over this window

AISP FATN

AISP vs FATN: by the numbers

•FATN is the larger company ($75M vs $74M market cap).
•AISP trades at the lower trailing earnings multiple (2.83 vs 13.72 P/E), one valuation lens rather than an overall verdict.
•AISP converts more revenue to profit (144.60% vs 26.87% net margin).

Metrics side by side

Valuation

Metric	AISP	FATN
P/E ratio	2.83	13.72
Forward P/E	N/A	12.21
P/S ratio	4.07	3.69
P/B ratio	N/A	2.82
EV / EBITDA	N/A	20.01
FCF yield	780.06%	N/A

Profitability

Metric	AISP	FATN
Gross margin	56.17%	90.68%
Operating margin	-47.10%	17.18%
Net margin	144.60%	26.87%
ROE	N/A	20.57%
ROIC	-0.05%	10.82%

Growth (annualized)

Metric	AISP	FATN
Total return CAGR (5Y)	-26.95%	N/A

Frequently asked

Which has the lower trailing P/E, AISP or FATN?: AISP has the lower trailing P/E: AISP trades at 2.83 and FATN at 13.72. P/E is one valuation measure and does not by itself establish which business is cheaper.
Is AISP or FATN more profitable?: AISP runs the higher net margin — AISP at 144.60% versus FATN at 26.87%.

Go deeper

Full AISP analysis Full FATN analysis Interactive comparison tool

Dig into the metrics

Airship AI P/E ratio FatPipe P/E ratio Airship AI ROE FatPipe ROE Airship AI operating margin FatPipe operating margin Airship AI revenue growth FatPipe revenue growth Airship AI free cash flow FatPipe free cash flow

Airship AI & FatPipe appear in these rankings

Highest FCF Yield Stocks Lowest P/E Ratio Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.