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Troax Group AB (FRA:5TOA) Forward PE Ratio : 28.54 (As of Dec. 11, 2024)


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What is Troax Group AB Forward PE Ratio?

Troax Group AB's Forward PE Ratio for today is 28.54.

Troax Group AB's PE Ratio without NRI for today is 36.16.

Troax Group AB's PE Ratio (TTM) for today is 37.50.


Troax Group AB Forward PE Ratio Historical Data

The historical data trend for Troax Group 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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Troax Group AB Forward PE Ratio Chart

Troax Group AB Annual Data
Trend 2024-12
Forward PE Ratio
28.54

Troax Group AB Quarterly Data
2024-12
Forward PE Ratio 28.54

Competitive Comparison of Troax Group AB's Forward PE Ratio

For the Specialty Industrial Machinery subindustry, Troax Group 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.


Troax Group AB's Forward PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Troax Group AB's Forward PE Ratio distribution charts can be found below:

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



Troax Group 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.


Troax Group AB  (FRA:5TOA) 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 .


Troax Group AB Forward PE Ratio Related Terms

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Troax Group AB Business Description

Traded in Other Exchanges
Address
P.O. Box 89, Hillerstorp, SWE, SE-335 04
Troax Group AB is a supplier of indoor perimeter protection (metal-based mesh panel solutions). The company focuses on three business areas namely Property Protection; Machine Guarding and Warehouse Partitioning. It generates maximum revenue from the Machine Guarding business. The Group's net sales are divided into the following five geographical areas: The Nordic region, the UK, Continental Europe, North America, and New markets, it derives a majority of revenue from the Continental Europe region. Machine Guarding comprises Troax's standardized protection solutions for robot cells and automation solutions. The solutions comprise everything from individual mesh panels to complete installations of safety doors and locks equipped with circuit breakers.

Troax Group AB Headlines

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