Johnson & Johnson Forward P/E
What is the Forward P/E of Johnson & Johnson?
The Forward P/E of Johnson & Johnson is 16.46
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 Health Care sector on NYSE compared to Johnson & Johnson
What does Johnson & Johnson do?
Johnson & Johnson is an American multinational corporation founded in 1886 that develops medical devices, pharmaceuticals, and consumer packaged goods.
Companies with forward p/e similar to Johnson & Johnson
- Bytes Technology PLC has Forward P/E of 16.45
- UK Commercial Property REIT has Forward P/E of 16.45
- NIB has Forward P/E of 16.45
- The Weir Plc has Forward P/E of 16.45
- Harris has Forward P/E of 16.45
- Lowe`s Cos has Forward P/E of 16.46
- Johnson & Johnson has Forward P/E of 16.46
- CoreCivic Inc has Forward P/E of 16.47
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- Minto Apartment Real Estate Investment Trust has Forward P/E of 16.47
- RH has Forward P/E of 16.48