Forward PE Ratio
The Forward Price to Earnings (PE) Ratio is similar to the price to earnings ratio. The regular P/E ratio is a current stock price over its earnings per share. The forward P/E ratio is a current stock's price over its "predicted" earnings per share. If the forward P/E ratio is higher than the current P/E ratio, it indicates decreased expected earnings.
Keep in mind, analyst estimates are not set in stone, and can often be wrong.
Formula
Forward PE = current price / EPS Estimates for Current Fiscal Year
For instance, if the stock price for Apple is 600 dollars and the EPS estimate was 45, the predicted forward P/E would be 13.3.
Note : We do not display negative P/E ratios.