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Sandnes Sparebank (OSL:SADG) Forward PE Ratio : 9.78 (As of May. 26, 2024)


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What is Sandnes Sparebank Forward PE Ratio?

Sandnes Sparebank's Forward PE Ratio for today is 9.78.

Sandnes Sparebank's PE Ratio without NRI for today is 15.24.

Sandnes Sparebank's PE Ratio for today is 16.02.


Sandnes Sparebank Forward PE Ratio Historical Data

The historical data trend for Sandnes Sparebank'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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Sandnes Sparebank Forward PE Ratio Chart

Sandnes Sparebank Annual Data
Trend 2019-12 2020-12 2021-12 2022-12 2023-12 2024-05
Forward PE Ratio
9.99 11.20 12.48 10.19 8.88 9.78

Sandnes Sparebank Quarterly Data
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
Forward PE Ratio 9.99 7.45 10.37 9.79 11.20 11.57 13.23 14.43 12.48 12.74 13.32 10.02 10.19 9.31 10.36 8.69 8.88 8.55

Competitive Comparison of Sandnes Sparebank's Forward PE Ratio

For the Banks - Regional subindustry, Sandnes Sparebank'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.


Sandnes Sparebank's Forward PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sandnes Sparebank's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Sandnes Sparebank's Forward PE Ratio falls into.



Sandnes Sparebank 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.


Sandnes Sparebank  (OSL:SADG) 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 .


Sandnes Sparebank Forward PE Ratio Related Terms

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Sandnes Sparebank (OSL:SADG) Business Description

Traded in Other Exchanges
N/A
Address
Radhusgata 3, Sandnes, NOR, 4306
Sandnes Sparebank is an independent savings bank. The company offers a broad range of banking and investment products to retail and corporate customers. It is also involved in real estate brokerage through its subsidiary, Aktiv Eiendomsmegling Jaeren AS. The Group has three operating segments: Retail Market (RM), Corporate Market (CM), and Real Estate. The group's majority of revenue is derived from the Retail market segment followed by the Corporate market segment. The Real Estate segment involves real estate brokerage activities.

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