Apple Inc Forward P/E
What is the Forward P/E of Apple Inc?
The Forward P/E of Apple Inc is 34.33
What is the definition of Forward P/E?
Forward price to earnings ratio is the ratio of a company’s stock price to the company’s estimated earnings per share for the next twelve months.
The forward price to earnings ratio is similar to trailing price to earnings ratio but instead of net income uses estimated net earnings over next 12 months. Estimates are typically derived as the mean of those published by a select group of analysts with selection criteria varying. The forward price-to-earnings ratio is a powerful, but limited tool. It allows a quick snapshot of the company’s finances without getting down in the details of an accounting report.
Forward P/E of companies in the Consumer Discretionary sector on NASDAQ compared to Apple Inc
What does Apple Inc do?
Apple Inc. is an American multinational technology company headquartered in Cupertino, California. Apple is the worlds largest technology company by revenue, with US$394.3 billion in 2022 revenue. As of March 2023, Apple is the worlds biggest company by market capitalization.
Companies with forward p/e similar to Apple Inc
- Escorts has Forward P/E of 34.25
- MTR has Forward P/E of 34.25
- Budweiser Brewing APAC has Forward P/E of 34.25
- PDF Solutions has Forward P/E of 34.25
- secunet Security Networks AG has Forward P/E of 34.27
- Recovery Inc has Forward P/E of 34.30
- Apple Inc has Forward P/E of 34.33
- Summit Industrial Income REIT has Forward P/E of 34.36
- H2O Innovation has Forward P/E of 34.36
- Carborundum Universal has Forward P/E of 34.36
- Pharmagest Interactive SA has Forward P/E of 34.42
- Ollies Bargain Outlet Inc has Forward P/E of 34.47
- Wheaton Precious Metals has Forward P/E of 34.48