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Manila Electric Co (PHS:MER) Forward PE Ratio : 13.45 (As of Oct. 31, 2024)


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What is Manila Electric Co Forward PE Ratio?

Manila Electric Co's Forward PE Ratio for today is 13.45.

Manila Electric Co's PE Ratio without NRI for today is 12.96.

Manila Electric Co's PE Ratio (TTM) for today is 12.96.


Manila Electric Co Forward PE Ratio Historical Data

The historical data trend for Manila Electric Co'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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Manila Electric Co Forward PE Ratio Chart

Manila Electric Co Annual Data
Trend 2018-12 2019-12 2020-12 2021-12 2022-12 2023-12 2024-10
Forward PE Ratio
20.16 13.77 14.20 11.75 11.01 14.20 12.60

Manila Electric Co Quarterly Data
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 2024-09
Forward PE Ratio 18.66 18.87 18.02 20.16 20.16 18.28 15.77 13.77 9.56 13.05 13.91 14.20 13.62 13.76 13.99 11.75 15.43 16.86 10.44 11.01 12.06 12.18 12.85 14.20 12.63 10.11

Competitive Comparison of Manila Electric Co's Forward PE Ratio

For the Utilities - Regulated Electric subindustry, Manila Electric Co'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.


Manila Electric Co's Forward PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Manila Electric Co's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Manila Electric Co's Forward PE Ratio falls into.



Manila Electric Co 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.


Manila Electric Co  (PHS:MER) 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 .


Manila Electric Co Forward PE Ratio Related Terms

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Manila Electric Co Business Description

Traded in Other Exchanges
N/A
Address
Ortigas Avenue, Barangay Ugong, Lopez Building, Pasig, PHL, 1605
Manila Electric Co, or Meralco, is an electric utility company serving the Philippines. Meralco generates, transmits, and distributes electricity through its portfolio of thermal power plants. The vast majority of the energy produced by the company comes from its natural gas and goal facilities. Meralco generates almost all of its revenue through the sale of electricity. While nearly all of the company's customers are residential entities, total energy sales are split fairly evenly between commercial, industrial, and residential customers. Meralco is the electric distribution company in the Philippines and serves dozens of cities and municipalities, including Metropolitan Manila.

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