PE Ratio (Forward 1y)
The Forward 1 Year Price to Earnings (PE) Ratio is similar to the price to earnings ratio. While a regular P/E ratio is a current stock price over it's earnings per share, a P/E Ratio (Forward 1y) is a current stock's price over its predicted earnings per share for the next fiscal year.
Forward PE Ratios can highlight some sentiment of a stock. If the forward P/E ratio is higher than the current P/E ratio, it indicates an expected decrease in earnings. Forward P/E ratios less than the current P/E indicate an expected increase in earnings. Keep in mind, analyst estimates are not set in stone, and can often be wrong.
Formula
PE Ratio (Forward 1y) = price / predicted EPS for the next fiscal year
For instance, if the stock price for Apple is 700 dollars and the predicted EPS was 70, the PE Ratio Forward (1y) would be 10.
Note: We do not display negative P/E ratios.