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China Literature (FRA:C2X) Forward PE Ratio : 0.00 (As of May. 25, 2024)


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What is China Literature Forward PE Ratio?

China Literature's Forward PE Ratio for today is 0.00.

China Literature's PE Ratio without NRI for today is 21.79.

China Literature's PE Ratio for today is 30.61.


China Literature Forward PE Ratio Historical Data

The historical data trend for China Literature'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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China Literature Forward PE Ratio Chart

China Literature Annual Data
Trend 2018-12 2019-12 2020-11 2021-12 2022-12 2023-12 2024-01
Forward PE Ratio
22.03 18.73 42.02 24.75 17.15 15.65 16.45

China Literature Semi-Annual Data
2018-03 2018-06 2018-09 2018-12 2019-03 2021-06 2021-09 2021-12 2022-03 2022-06 2022-09 2022-12 2023-03 2023-06 2023-09 2023-12
Forward PE Ratio 48.08 48.31 26.60 22.03 20.75 62.89 31.06 24.75 18.69 23.26 12.63 17.15 23.53 20.96 16.95 15.65

Competitive Comparison of China Literature's Forward PE Ratio

For the Internet Content & Information subindustry, China Literature'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.


China Literature's Forward PE Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, China Literature's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where China Literature's Forward PE Ratio falls into.



China Literature 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.


China Literature  (FRA:C2X) 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 .


China Literature Forward PE Ratio Related Terms

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China Literature (FRA:C2X) Business Description

Traded in Other Exchanges
Address
No. 5169 Binjiang Avenue, N3 Lujiazui Binjiang Center, Pudong New Area, Shanghai, CHN, 200135
China Literature Ltd is an investment holding company. The company along with its subsidiaries provides online reading services, copyright commercialization, writer cultivation and brokerage, and operation of text work reading. It generates its revenue from Online reading through self-owned platform products. it operates in two segments: Online business and Intellectual property operations and others. The Online business segment that derives the majority of revenue comprises online paid reading, online advertising, and game publishing. The Intellectual property operations and others segment includes licensing and distribution of film and television properties, copyrights licensing, sales of adaptation rights and scripts, sales of physical books, in-house online games operations.

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