Altus Group (Altus Group) Forward PE Ratio : 24.33 (As of Apr. 29, 2024)

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What is Altus Group Forward PE Ratio?

Altus Group's Forward PE Ratio for today is 24.33.

Altus Group's PE Ratio without NRI for today is 153.92.

Altus Group's PE Ratio for today is 230.18.

Altus Group Forward PE Ratio Historical Data

The historical data trend for Altus Group's Forward PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Altus Group Forward PE Ratio Chart

Altus Group Annual Data

Trend

2015-12

2016-12

2017-12

2018-12

2019-12

2020-12

2021-12

2022-12

2023-12

2024-04

Forward PE Ratio

16.47

21.55

22.27

14.04

22.37

26.18

34.25

26.18

20.00

25.00

Altus Group Quarterly Data
	2015-12	2016-03	2016-06	2016-09	2016-12	2017-03	2017-06	2017-09	2017-12	2018-03	2018-06	2018-09	2018-12	2019-03	2019-06	2019-09	2019-12	2020-03	2020-06	2020-09	2020-12	2021-03	2021-06	2021-09	2021-12	2022-03	2022-06	2022-09	2022-12	2023-03	2023-06	2023-09	2023-12	2024-03
Forward PE Ratio	16.47	14.95	19.80	21.05	21.55	20.96	21.83	18.59	22.27	21.10	19.88	16.18	14.04	17.83	23.26	23.31	22.37	29.33	29.59	28.74	26.18	30.58	29.94	26.39	34.25	24.27	22.47	22.32	26.18	28.09	24.33	17.83	20.00	25.00

Competitive Comparison of Altus Group's Forward PE Ratio

For the Real Estate Services subindustry, Altus Group's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Altus Group's Forward PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Altus Group's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Altus Group's Forward PE Ratio falls into.

Altus Group Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.

Altus Group (OTCPK:ASGTF) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .

Altus Group Forward PE Ratio Related Terms

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Altus Group (Altus Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Altus Group Ltd (OTCPK:ASGTF) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

AIF:Canada

Address

33 Yonge Street, Suite 500, Toronto, ON, CAN, M5E 1G4

Website

https://www.altusgroup.com

Altus Group Ltd operates in the Canadian real estate sector. Its services can be summed up as advisory services, software and data solutions to the property and real estate industry. The company has three reportable segments namely Property Tax, Analytics; and under CRE Consulting services, and Appraisals and Development Advisory. It generates maximum revenue from the Analytics; and under CRE Consulting services segment. A part of its revenue is also derived from the United States, Europe, and the Asia Pacific.