The historical data trend for Digital Turbine'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.
Digital Turbine Forward PE Ratio Chart
Digital Turbine Annual Data
Trend
2016-12
2017-12
2018-12
2019-12
2020-12
2021-12
2022-12
2023-12
2024-04
Forward PE Ratio
2.12
35.84
37.04
32.15
63.69
31.65
9.51
12.50
4.04
Digital Turbine Quarterly Data
2016-03
2016-06
2016-12
2017-03
2017-06
2017-09
2017-12
2018-03
2018-06
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
Forward PE Ratio
7.33
21.01
2.12
10.45
25.77
151.52
35.84
67.11
151.52
37.04
43.67
47.62
35.71
32.15
14.58
31.06
59.52
63.69
68.03
44.25
47.85
31.65
19.84
10.08
9.21
9.51
11.14
11.67
7.89
12.50
5.80
Competitive Comparison of Digital Turbine's Forward PE Ratio
For the Software - Application subindustry, Digital Turbine'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.
Digital Turbine's Forward PE Ratio Distribution in the Software Industry
For the Software industry and Technology sector, Digital Turbine's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Digital Turbine's Forward PE Ratio falls into.
Digital Turbine 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.
Digital Turbine (NAS:APPS) 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 .
Digital Turbine Forward PE Ratio Related Terms
Thank you for viewing the detailed overview of Digital Turbine's Forward PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Digital Turbine (Digital Turbine) Business Description
Digital Turbine Inc is an independent mobile growth platform. It offers end-to-end products and solutions to all participants in the mobile application ecosystem, enabling brand discovery and advertising, user acquisition and engagement, and operational efficiency for advertisers. Its operating segments are On Device Media (ODM); In App Media-AdColony; and In App Media-Fyber. The company derives key revenue from the ODM segment by providing solutions to all participants in the mobile application ecosystem who want to connect with end users and consumers who hold the device, including mobile carriers and device original equipment manufacturers (OEMs) that participate in the app economy, app publishers and developers, and brands and advertising agencies. It has a global business presence.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
APPS has been successfully added to your