QUBSF (Qantas Airways) Forward PE Ratio : 8.14 (As of Dec. 13, 2024)

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What is Qantas Airways Forward PE Ratio?

Qantas Airways's Forward PE Ratio for today is 8.14.

Qantas Airways's PE Ratio without NRI for today is 11.40.

Qantas Airways's PE Ratio (TTM) for today is 11.30.

Qantas Airways Forward PE Ratio Historical Data

The historical data trend for Qantas Airways'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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Qantas Airways Forward PE Ratio Chart

Qantas Airways Annual Data

Trend

2015-12

2016-12

2017-12

2018-12

2019-12

2020-08

2021-07

2022-12

2023-12

2024-12

Forward PE Ratio

7.38

6.20

9.35

9.39

11.59

17.79

23.42

7.16

5.25

7.74

Qantas Airways Semi-Annual 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	2021-03	2021-06	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	7.38	5.67	4.50	4.94	6.20	7.65	10.92	10.93	9.35	9.62	9.58	9.27	9.39	9.79	8.77	9.54	11.59	4.74	28.65	22.17	23.36	14.81	13.16	9.64	7.16	7.14	6.75	5.04	5.25	5.52	5.73	5.19	7.74

Competitive Comparison of Qantas Airways's Forward PE Ratio

For the Airlines subindustry, Qantas Airways'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.

Qantas Airways's Forward PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Qantas Airways's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Qantas Airways's Forward PE Ratio falls into.

Qantas Airways 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.

Qantas Airways (OTCPK:QUBSF) 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 .

Qantas Airways Forward PE Ratio Related Terms

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Qantas Airways Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Qantas Airways Ltd (OTCPK:QUBSF) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

QABSY:USA QAN:Germany QAN:Germany QAN:Australia

Address

10 Bourke Road, Mascot, Sydney, NSW, AUS, 2020

Website

https://www.qantas.com

Qantas Airways is Australia's largest domestic airline with typically a two thirds market share, effectively competing in a duopoly with Virgin. The company operates a multibrand strategy, with low-cost carrier Jetstar complementing the full-service Qantas brand. Its frequent-flyer loyalty program continues to expand with new partnerships, which are integral to retaining customer loyalty for its core airline business.