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FinVolution Group (FinVolution Group) Forward PE Ratio : 0.00 (As of May. 02, 2024)


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What is FinVolution Group Forward PE Ratio?

FinVolution Group's Forward PE Ratio for today is 0.00.

FinVolution Group's PE Ratio without NRI for today is 4.02.

FinVolution Group's PE Ratio for today is 4.17.


FinVolution Group Forward PE Ratio Historical Data

The historical data trend for FinVolution 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.

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FinVolution Group Forward PE Ratio Chart

FinVolution Group Annual Data
Trend 2018-12 2019-12 2020-12 2021-12 2022-12 2023-12 2024-01
Forward PE Ratio
3.89 2.43 3.38 4.44 3.90 3.49 3.42

FinVolution Group 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
Forward PE Ratio 6.59 7.62 7.04 3.89 3.79 4.34 2.41 2.43 2.22 2.47 2.22 3.38 6.16 8.24 5.78 4.44 3.48 4.42 3.67 3.90 3.17 3.65 3.63 3.49

Competitive Comparison of FinVolution Group's Forward PE Ratio

For the Credit Services subindustry, FinVolution 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.


FinVolution Group's Forward PE Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, FinVolution Group's Forward PE Ratio distribution charts can be found below:

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



FinVolution 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.


FinVolution Group  (NYSE:FINV) 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 .


FinVolution Group Forward PE Ratio Related Terms

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FinVolution Group (FinVolution Group) Business Description

Traded in Other Exchanges
Address
No. 999 Dangui Road, Building G1, Pudong New District, Shanghai, CHN, 201203
FinVolution Group is a provider of online consumer finance in China. It offers various loan products, making financial services available to borrowers anytime, anywhere; designs a loan transaction process, and offers Tailored risk-based pricing. It offers short-term loans to borrowers to meet immediate credit needs while allowing them to gradually establish their credit history through activities on the company's platform. The company provides investors with an opportunity to invest in emerging asset class-consumer loans through a variety of investment options. It generates revenues from fees charged to borrowers. The Group's long-lived assets are located in the PRC and its revenues are derived from within the PRC.