>
Switch to:

Forward Industries Shiller PE Ratio

: (As of Today)
View and export this data going back to 1995. Start your Free Trial

Shiller PE for Stocks: The True Measure of Stock Valuation


Forward Industries Shiller PE Ratio Historical Data

The historical data trend for Forward Industries's Shiller 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.

Forward Industries Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Forward Industries Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison

For the Footwear & Accessories subindustry, Forward Industries's Shiller PE Ratio, along with its competitors' market caps and Shiller 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.

   

Forward Industries Shiller PE Ratio Distribution

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Forward Industries's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Forward Industries's Shiller PE Ratio falls into.



Forward Industries Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Forward Industries's E10 for the quarter that ended in Jun. 2021 is calculated as:

For example, Forward Industries's adjusted earnings per share data for the three months ended in Jun. 2021 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2021 (Change)*Current CPI (Jun. 2021)
=0.02/114.6314*114.6314
=0.020

Current CPI (Jun. 2021) = 114.6314.

Forward Industries Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201109 -0.210 95.727 -0.251
201112 -0.190 95.213 -0.229
201203 -0.191 96.783 -0.226
201206 -0.410 96.819 -0.485
201209 -0.410 97.633 -0.481
201212 0.020 96.871 0.024
201303 0.018 98.209 0.021
201306 -0.070 98.518 -0.081
201309 -0.062 98.790 -0.072
201312 0.040 98.326 0.047
201403 -0.040 99.695 -0.046
201406 -0.003 100.560 -0.003
201409 -0.111 100.428 -0.127
201412 -0.230 99.070 -0.266
201503 -0.080 99.621 -0.092
201506 0.060 100.684 0.068
201509 0.030 100.392 0.034
201512 0.030 99.792 0.034
201603 0.020 100.470 0.023
201606 0.010 101.688 0.011
201609 0.020 101.861 0.023
201612 0.020 101.863 0.023
201703 -0.030 102.862 -0.033
201706 0.060 103.349 0.067
201709 0.020 104.136 0.022
201712 0.010 104.011 0.011
201803 0.100 105.290 0.109
201806 0.020 106.317 0.022
201809 0.020 106.507 0.022
201812 -0.060 105.998 -0.065
201903 -0.120 107.251 -0.128
201906 -0.010 108.070 -0.011
201909 -0.190 108.329 -0.201
201912 -0.010 108.420 -0.011
202003 -0.140 108.902 -0.147
202006 -0.020 108.767 -0.021
202009 -0.010 109.815 -0.010
202012 0.120 109.897 0.125
202103 -0.080 111.754 -0.082
202106 0.020 114.631 0.020

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Forward Industries  (NAS:FORD) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Forward Industries Shiller PE Ratio Related Terms

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


Forward Industries Business Description

Forward Industries logo
Traded in Other Exchanges
N/A
Address
700 Veterans Memorial Highway, Suite 100, Hauppauge, New York, NY, USA, 11788
Forward Industries Inc is a provider of carrying and protective solutions. It designs and distributes product protection for handheld electronic devices. Forward Industries sells soft-sided carrying cases for blood glucose diagnostic kits and portable consumer electronic devices such as smartphones, tablets, personal computers, notebooks, and Global Positioning System devices. It also offers bags, clips, hand straps, protective plates, and other accessories made of leather, nylon, vinyl, plastic, PVC, and other synthetic materials. It operates in two segments: distribution and design. The company sells its products globally and generates its revenue from the sale of protective solutions for diabetic products. It generates the majority of its revenue from the United States.
Executives
Maiman Mitchell officer: President of Subsidiary 700 VETERANS MEMORIAL HIGHWAY SUITE 100 HAUPPAUGE NY 11788
Terence Bernard Wise director, 10 percent owner, officer: Chief Executive Officer 700 VETERANS MEMORIAL HWY, #100 HAUPPAUGE NY 11788
Severino Paul Jean officer: COO of Subsidiary 700 VETERANS MEMORIAL HIGHWAY SUITE 100 HAUPPAUGE NY 11788
Camarda Anthony officer: Chief Financial Officer 700 VETERANS HWY SUITE 100 HAUPPAUGE NY 11788
Shah Sangita director C/O FORWARD INDUSTRIES, INC. 477 ROSEMARY AVE., STE. 219 WEST PALM BEACH FL 33401
Morgan Howard J director C/O FORWARD INDUSTRIES, INC. 3110 MAIN STREET, SUITE 400 SANTA MONICA CA 90405
Ziglar James W director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: ZIGLAR JAMES W a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Matthews Douglas David officer: Sr VP/Chief Operating Officer 477 S. ROSEMARY AVE. SUITE 219 WEST PALM BEACH FL 33401
Yu Jenny P. 10 percent owner 9255 DOHENY ROAD APT. 2905 WEST HOLLYWOOD CA 90069
Frost James M director 477 S. ROSEMARY AVE., SUITE 219 WEST PALM BEACH FL 33401
Fine N Scott director 600 3RD AVE NEW YORK NY 10016
Hrynkow Sharon director C/O FORWARD INDUSTRIES, INC. 477 ROSEMARY AVE., STE. 219 WEST PALM BEACH FL 33401
Luetkemeyer Michael L. director 411 LANDMARK DRIVE WILMINGTON NC 28412
Matte Michael D officer: Chief Financial Officer PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: MATTE MICHAEL D a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Freitag Eric director 477 ROSEMARY AVE. STE. 219 WEST PALM BEACH FL 33401
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)