ASAZF (Assa Abloy AB) Forward PE Ratio : 21.75 (As of Dec. 11, 2024)

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What is Assa Abloy AB Forward PE Ratio?

Assa Abloy AB's Forward PE Ratio for today is 21.75.

Assa Abloy AB's PE Ratio without NRI for today is 25.39.

Assa Abloy AB's PE Ratio (TTM) for today is 25.13.

Assa Abloy AB Forward PE Ratio Historical Data

The historical data trend for Assa Abloy AB'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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Assa Abloy AB Forward PE Ratio Chart

Assa Abloy AB Annual Data

Trend

2015-12

2016-12

2017-12

2018-12

2019-12

2020-12

2021-12

2022-12

2023-12

2024-12

Forward PE Ratio

23.04

20.70

21.55

17.04

22.12

21.93

25.38

18.21

20.12

21.75

Assa Abloy AB Quarterly 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	2023-06	2023-09	2023-12	2024-03	2024-06	2024-09	2024-12
Forward PE Ratio	23.04	19.42	19.96	21.01	20.70	23.04	23.04	21.05	21.55	21.05	22.62	20.24	17.04	22.08	22.42	21.05	22.12	18.83	27.10	21.79	21.93	27.03	28.57	24.69	25.38	22.52	18.25	16.47	18.21	18.98	19.57	16.61	20.12	21.19	21.46	21.37	21.75

Competitive Comparison of Assa Abloy AB's Forward PE Ratio

For the Security & Protection Services subindustry, Assa Abloy AB'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.

Assa Abloy AB's Forward PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Assa Abloy AB's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Assa Abloy AB's Forward PE Ratio falls into.

Assa Abloy AB 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.

Assa Abloy AB (OTCPK:ASAZF) 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 .

Assa Abloy AB Forward PE Ratio Related Terms

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Assa Abloy AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Assa Abloy AB (OTCPK:ASAZF) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

ASAZY:USA ASSA B:Sweden ASSABs:UK 0R87:UK ALZ:Germany

Address

Klarabergsviadukten 90, P.O. Box 70340, Stockholm, SWE, SE-107 23

Website

https://www.assaabloy.com

Assa Abloy is the world's largest supplier of locking and physical access solutions, sporting the world's largest installed base of locks that protect some of the most security-sensitive buildings, such as the European Parliament in Brussels. Some 70% of the group's revenue is derived from commercial, government, and other nonresidential customers. The company's product base is centred on electromechanical locks, which require identification to unlock with a keycard, biometric scan, or personal identification number. Assa Abloy's products are sold directly to security systems integrators, locksmiths, hardware stores, and original equipment manufacturers.