PARAA (Paramount Global) Forward PE Ratio : 15.09 (As of Dec. 12, 2024)

View and export this data going back to 2005. Start your Free Trial

What is Paramount Global Forward PE Ratio?

Paramount Global's Forward PE Ratio for today is 15.09.

Paramount Global's PE Ratio without NRI for today is 13.52.

Paramount Global's PE Ratio (TTM) for today is 0.00.

Paramount Global Forward PE Ratio Historical Data

The historical data trend for Paramount Global'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.

Paramount Global Forward PE Ratio Chart

Paramount Global 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

13.04

14.60

11.93

7.50

8.15

8.90

9.04

13.30

14.66

15.57

Paramount Global 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	13.04	13.46	13.77	12.59	14.60	15.87	14.79	11.43	11.93	9.89	10.80	9.99	7.50	8.42	8.92	6.80	8.15	2.96	6.67	6.95	8.90	11.78	12.66	11.00	9.04	14.81	10.75	11.76	13.30	25.45	25.77	11.79	14.66	18.28	18.59	14.88	15.57

Competitive Comparison of Paramount Global's Forward PE Ratio

For the Entertainment subindustry, Paramount Global'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.

Paramount Global's Forward PE Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Paramount Global's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Paramount Global's Forward PE Ratio falls into.

Paramount Global 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.

Paramount Global (NAS:PARAA) 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 .

Paramount Global Forward PE Ratio Related Terms

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

Paramount Global Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Paramount Global (NAS:PARAA) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

PARA:USA PARA:Peru PARA:Mexico 0HQM:UK 0VVB:Germany 0VV:Germany 0VVB:Germany 0VV:Germany 0VVB:Germany C1BS34:Brazil PARA:Austria

Address

1515 Broadway, New York, NY, USA, 10036

Website

https://www.paramount.com

Paramount Global operates in three global business segments: TV media, filmed entertainment, and direct to consumer. The TV media business includes television production studios and various broadcast and cable networks, including CBS, 15 owned CBS affiliates, Paramount, Nickelodeon, MTV, BET, and VH1. Filmed entertainment consists multiple film studios, most importantly Paramount Pictures. The film studios produce and distribute movies that they license to movie theaters and other media outlets. Direct to consumer includes multiple streaming platforms, including Paramount+, which now includes Showtime, Pluto TV, and BET+. Much of the content on Paramount's streaming platforms is created by the production studios housed within the firm's other two business segments.