GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Legal & General Group PLC (OTCPK:LGGNY) » Definitions » Forward PE Ratio

Legal & General Group (Legal & General Group) Forward PE Ratio

: 9.59 (As of Today)
View and export this data going back to . Start your Free Trial

Legal & General Group's Forward PE Ratio for today is 9.59.

Legal & General Group's PE Ratio without NRI for today is 33.46.

Legal & General Group's PE Ratio for today is 33.46.

Legal & General Group Forward PE Ratio Historical Data

The historical data trend for Legal & General 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.

* Premium members only.

Legal & General 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
13.16 10.72 11.85 7.46 9.80 7.83 8.94 8.46 10.00 9.85

Legal & General Group Semi-Annual 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 2023-12 2024-03
Forward PE Ratio 13.16 10.93 8.55 10.08 10.72 11.31 11.67 11.00 11.85 10.37 10.22 8.60 7.46 8.98 8.80 7.74 9.80 6.23 6.77 5.70 7.83 7.99 7.69 6.96 8.94 7.50 8.06 6.16 8.46 8.53 10.00 10.04
Competitive Comparison

For the Asset Management subindustry, Legal & General 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.

Legal & General Group Forward PE Ratio Distribution

For the Asset Management industry and Financial Services sector, Legal & General Group's Forward PE Ratio distribution charts can be found below:

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


Legal & General 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.

Legal & General Group  (OTCPK:LGGNY) 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 .

Legal & General Group Forward PE Ratio Related Terms

Thank you for viewing the detailed overview of Legal & General Group's Forward PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Legal & General Group (Legal & General Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Legal & General Group PLC (OTCPK:LGGNY) » Definitions » Forward PE Ratio
Comparable Companies
LSE:SMT LSE:SDR LSE:ICP LSE:MNG LSE:FCIT LSE:PCT LSE:ATST LSE:HL. LSE:UKW LSE:EMG BLK BX KKR OSTO:INVE A APO TSX:BN AMP BK OSTO:EQT XSWX:PGHN
Traded in Other Exchanges
LGGNF:USA LGENl:UK LGEN:UK LGI:Germany
Address
One Coleman Street, London, GBR, EC2R 5AA
Website
https://www.legalandgeneralgroup.com
Legal & General Group PLC operates across four broad business areas of retirement, investment management, capital investment, and insurance. The retirement business provides provide guaranteed retirement income for corporate pension scheme members. Investment Management business provides investment management services for both individuals and corporations, including managing pension funds. Capital investment use customers' pension assets, as well as the group's shareholder capital, to make long-term investments in assets such as clean energy, housing, and SME finance. The Insurance business provides various types of insurance, including life and disability insurance. The company has a global presence but most of its assets under management are derived from the United Kingdom and Europe.