GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » HJ Heinz Company (FRA:HJH) » Definitions » Forward PE Ratio

HJ Heinz Company (FRA:HJH) Forward PE Ratio : 0.00 (As of Jun. 08, 2024)


View and export this data going back to . Start your Free Trial

What is HJ Heinz Company Forward PE Ratio?

HJ Heinz Company's Forward PE Ratio for today is 0.00.

HJ Heinz Company's PE Ratio without NRI for today is 23.02.

HJ Heinz Company's PE Ratio for today is 23.02.


HJ Heinz Company Forward PE Ratio Historical Data

The historical data trend for HJ Heinz Company'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.

* Premium members only.

HJ Heinz Company Forward PE Ratio Chart

HJ Heinz Company Annual Data
Trend
Forward PE Ratio

HJ Heinz Company Quarterly Data
Forward PE Ratio

Competitive Comparison of HJ Heinz Company's Forward PE Ratio

For the Packaged Foods subindustry, HJ Heinz Company'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.


HJ Heinz Company's Forward PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, HJ Heinz Company's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where HJ Heinz Company's Forward PE Ratio falls into.



HJ Heinz Company 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.


HJ Heinz Company  (FRA:HJH) 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 .


HJ Heinz Company Forward PE Ratio Related Terms

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


HJ Heinz Company (FRA:HJH) Business Description

Traded in Other Exchanges
N/A
Address
Website
HJ Heinz Company was incorporated in Pennsylvania on July 27, 1900. The Company manufactures and markets an extensive line of food products throughout the world. Its main products include ketchup, condiments and sauces, frozen food, soups, beans and pasta meals, infant nutrition and other food products. The Company's products are manufactured and packaged to provide safe, wholesome foods for consumers, as well as foodservice and institutional customers. Many products are prepared from recipes developed in the Company's research laboratories and experimental kitchens. Ingredients are carefully selected, inspected and passed on to modern factory kitchens where they are processed, after which the intermediate product is filled automatically into containers of glass, metal, plastic, paper or fiberboard, which are then sealed. Products are prepared by sterilization, blending, fermentation, pasteurization, homogenization, chilling, freezing, pickling, drying, freeze drying, baking or extruding, then labeled and cased for market. Quality assurance procedures are designed for each product and process and applied for quality and compliance with applicable laws. The Company manufactures and contracts for the manufacture of its products from a wide variety of raw foods. Pre-season contracts are made with farmers for certain raw materials such as a portion of the Company's requirements of tomatoes, cucumbers, potatoes, onions and some other fruits and vegetables. Ingredients, such as dairy products, meat, sugar and other sweeteners, including high fructose corn syrup, spices, flour and fruits and vegetables, are purchased from approved suppliers. It also owns or leases office space, warehouses, distribution centers and research and other facilities throughout the world. Its recognizable brand is Heinz. The Company has a global portfolio of brands focused in three core categories, Ketchup and Sauces, Meals and Snacks, and Infant/Nutrition. The Company is subject to numerous food safety and other laws and regulations regarding the manufacturing, marketing, and distribution of food products.

HJ Heinz Company (FRA:HJH) Headlines

No Headlines