Shinsei Bank Forward P/E
What is the Forward P/E of Shinsei Bank?
The Forward P/E of Shinsei Bank, Ltd. is 9.92
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 Finance sector on OTC compared to Shinsei Bank
What does Shinsei Bank do?
Shinsei Bank, Limited provides various banking and financial products and services to individual customers, businesses, public corporations, and financial institutions in Japan. It offers Yen/foreign currency deposits, and structured deposits; home mortgages; and housing and unsecured loans, real estate related nonrecourse finance and corporate finance, ship finance, healthcare, and project finance, specialty finance, M&A-related, and renewable energy finance. The company also provides investment trusts, brokerage, life and non-life insurance, advisory, credit trading, private equity, business succession finance, and asset-backed investment services, as well as credit cards. In addition, it engages in the provision of financial transactions and services for individuals; trust businesses; foreign exchange, derivatives, equity-related, and other capital markets businesses; payment services; and securities, asset management, and wealth management businesses. The company was formerly known as The Long-Term Credit Bank of Japan, Limited and changed its name to Shinsei Bank, Limited in June 2000. Shinsei Bank, Limited was incorporated in 1952 and is headquartered in Tokyo, Japan.
Companies with forward p/e similar to Shinsei Bank
- Kingfisher plc has Forward P/E of 9.90
- Royal Vopak NV has Forward P/E of 9.90
- Sanofi has Forward P/E of 9.90
- SÜSS MicroTec SE has Forward P/E of 9.91
- SBM Offshore NV has Forward P/E of 9.91
- Dali Foods has Forward P/E of 9.91
- Shinsei Bank has Forward P/E of 9.92
- Graphic Packaging Co has Forward P/E of 9.92
- Cumberland Pharmaceuticals has Forward P/E of 9.93
- Galliford Try Plc has Forward P/E of 9.93
- Duke Royalty has Forward P/E of 9.93
- Southside Bancshares Inc has Forward P/E of 9.93
- Jardine Matheson has Forward P/E of 9.94