Credito Emiliano (MIL:CE) Forward PE Ratio : 0.00 (As of May. 21, 2024)

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What is Credito Emiliano Forward PE Ratio?

Credito Emiliano's Forward PE Ratio for today is 0.00.

Credito Emiliano's PE Ratio without NRI for today is 5.70.

Credito Emiliano's PE Ratio for today is 5.70.

Credito Emiliano Forward PE Ratio Historical Data

The historical data trend for Credito Emiliano'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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Credito Emiliano Forward PE Ratio Chart

Credito Emiliano Annual Data

Trend

2015-12

2016-04

2018-12

2019-02

Forward PE Ratio

14.29

9.99

8.83

8.98

Credito Emiliano Quarterly Data
	2015-12	2016-03	2018-12
Forward PE Ratio	14.29	11.49	8.83

Competitive Comparison of Credito Emiliano's Forward PE Ratio

For the Banks - Regional subindustry, Credito Emiliano'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.

Credito Emiliano's Forward PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Credito Emiliano's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Credito Emiliano's Forward PE Ratio falls into.

Credito Emiliano 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.

Credito Emiliano (MIL:CE) 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 .

Credito Emiliano Forward PE Ratio Related Terms

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Credito Emiliano (MIL:CE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Credito Emiliano (MIL:CE) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

CDEFF:USA 0K93:UK EAO:Germany

Address

Via Emilia San Pietro No. 4, Reggio Emilia, ITA, 42100

Website

http://www.credem.it

Credito Emiliano is a banking group that consists of several financial services companies. The group operates in multiple regions throughout Italy, particularly in the north and central portions of the country. Its activities principally include commercial banking, including retail services and small and medium enterprise banking, asset management, bancassurance as well as Trading services, and treasury. The group's distribution network targeting retail and corporate banking customers includes branches, business centers, and financial outlets. Its wealth management activities include mutual fund management, portfolio management, as well as private equity and hedge fund offerings. The bank's funding sources derive from direct bank deposits, insurance reserves, and assets under management.