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Air New Zealand (STU:BZU) Forward PE Ratio : 16.00 (As of Dec. 15, 2024)


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What is Air New Zealand Forward PE Ratio?

Air New Zealand's Forward PE Ratio for today is 16.00.

Air New Zealand's PE Ratio without NRI for today is 22.60.

Air New Zealand's PE Ratio (TTM) for today is 22.60.


Air New Zealand Forward PE Ratio Historical Data

The historical data trend for Air New Zealand'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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Air New Zealand Forward PE Ratio Chart

Air New Zealand Annual Data
Trend 2017-12 2018-12 2019-12 2020-08 2021-08 2022-12 2023-12 2024-12
Forward PE Ratio
8.98 10.60 10.79 6.23 11.14 7.09 8.88 16.00

Air New Zealand Semi-Annual Data
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 10.20 8.98 9.78 8.98 10.83 10.60 7.63 8.05 10.18 10.79 4.26 5.81 12.99 11.70 21.05 36.63 23.15 7.09 8.30 7.95 7.99 8.88 10.76 9.42 19.12 16.00

Competitive Comparison of Air New Zealand's Forward PE Ratio

For the Airlines subindustry, Air New Zealand'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.


Air New Zealand's Forward PE Ratio Distribution in the Transportation Industry

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

* The bar in red indicates where Air New Zealand's Forward PE Ratio falls into.



Air New Zealand 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.


Air New Zealand  (STU:BZU) 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 .


Air New Zealand Forward PE Ratio Related Terms

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Air New Zealand Business Description

Address
185 Fanshawe Street, Air New Zealand House, Auckland, NTL, NZL, 1010
Air New Zealand, majority owned by the New Zealand government, provides air passenger and cargo transport services within New Zealand as well as to and from Australia, the Southwest Pacific, Asia, North America, the United Kingdom, and South America. Air New Zealand also encompasses business units providing engineering and ground handling services. Air New Zealand dominates the local market with around 80% share, although the majority of revenue is derived from international and trans-Tasman activity.

Air New Zealand Headlines