Good Energy Group (LSE:GOOD) Forward PE Ratio : 9.07 (As of May. 26, 2024)

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What is Good Energy Group Forward PE Ratio?

Good Energy Group's Forward PE Ratio for today is 9.07.

Good Energy Group's PE Ratio without NRI for today is 17.55.

Good Energy Group's PE Ratio for today is 19.34.

Good Energy Group Forward PE Ratio Historical Data

The historical data trend for Good Energy 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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Good Energy Group Forward PE Ratio Chart

Good Energy Group Annual Data

Trend

2015-12

2016-12

2017-12

2018-02

2019-05

2021-12

2022-12

2023-12

2024-05

Forward PE Ratio

26.32

26.39

31.25

23.53

16.10

12.97

15.24

10.52

9.07

Good Energy Group Semi-Annual Data
	2015-12	2016-03	2016-06	2016-09	2016-12	2017-03	2017-06	2017-09	2017-12	2021-03	2021-06	2021-12	2022-03	2022-06	2022-09	2022-12	2023-03	2023-06	2023-09	2023-12	2024-03
Forward PE Ratio	26.32	10.11	39.37	23.42	26.39	25.91	21.74	12.47	31.25	15.75	18.52	12.97	30.21	22.88	9.49	15.24	18.12	15.13	4.74	10.52	8.90

Competitive Comparison of Good Energy Group's Forward PE Ratio

For the Utilities - Renewable subindustry, Good Energy 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.

Good Energy Group's Forward PE Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Good Energy Group's Forward PE Ratio distribution charts can be found below:

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

Good Energy 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.

Good Energy Group (LSE:GOOD) 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 .

Good Energy Group Forward PE Ratio Related Terms

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Good Energy Group (LSE:GOOD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Good Energy Group PLC (LSE:GOOD) » Definitions » Forward PE Ratio

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Traded in Other Exchanges

G0J:Germany

Address

Monkton Park Offices, Monkton Park, Chippenham, Wiltshire, GBR, SN15 1GH

Website

https://www.goodenergy.co.uk

Good Energy Group PLC is a developer and supplier of electricity in the United Kingdom. It is engaged in the purchase, generation, and sale of electricity from renewable sources, the sale of gas, services relating to micro-renewable generation, and the development of new electricity generation sites. Its segments are Electricity Supply, FiT Administration, Gas Supply, Energy as a Service (including Zap-map, nextgreencar.com, and Igloo Works Limited), and Holding companies. The company generates a vast majority of its revenues from Electricity Supply companies.