Nine Entertainment Co. Holdings (ASX:NEC) Forward PE Ratio : 10.63 (As of Apr. 29, 2024)

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What is Nine Entertainment Co. Holdings Forward PE Ratio?

Nine Entertainment Co. Holdings's Forward PE Ratio for today is 10.63.

Nine Entertainment Co. Holdings's PE Ratio without NRI for today is 25.50.

Nine Entertainment Co. Holdings's PE Ratio for today is 25.50.

Nine Entertainment Co. Holdings Forward PE Ratio Historical Data

The historical data trend for Nine Entertainment Co. Holdings'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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Nine Entertainment Co. Holdings Forward PE Ratio Chart

Nine Entertainment Co. Holdings Annual Data

Trend

2015-12

2016-12

2017-12

2018-12

2019-12

2020-12

2021-12

2022-12

2023-12

2024-04

Forward PE Ratio

12.61

9.42

11.20

7.45

15.43

17.27

17.21

9.93

14.51

10.63

Nine Entertainment Co. Holdings 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	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	12.61	9.01	7.45	9.57	9.42	10.46	11.42	10.52	11.20	12.72	13.18	10.70	7.45	9.77	12.33	13.61	15.43	8.41	15.48	19.08	17.27	18.98	17.83	15.15	17.21	14.71	9.13	9.12	9.93	10.43	10.58	12.05	14.51	12.22

Competitive Comparison of Nine Entertainment Co. Holdings's Forward PE Ratio

For the Entertainment subindustry, Nine Entertainment Co. Holdings'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.

Nine Entertainment Co. Holdings's Forward PE Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Nine Entertainment Co. Holdings's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Nine Entertainment Co. Holdings's Forward PE Ratio falls into.

Nine Entertainment Co. Holdings 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.

Nine Entertainment Co. Holdings (ASX:NEC) 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 .

Nine Entertainment Co. Holdings Forward PE Ratio Related Terms

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Nine Entertainment Co. Holdings (ASX:NEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Nine Entertainment Co. Holdings Ltd (ASX:NEC) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

NEE:Germany

Address

1 Denison Street, Level 9, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.nineforbrands.com.au

Nine Entertainment operates Nine Network, a free-to-air TV network across five capital cities, as well as in regional Northern New South Wales and Darwin. It also owns 9Now, a leading broadcast video on demand operation in Australia. The merger with Fairfax combines Nine's top-ranked TV network and the second-largest newspaper group, topped with a collection of quality digital assets in Nine Digital, subscription video on demand operator Stan, and Fairfax's 60%-owned Domain. It ensures the merged entity remains prominent in the eyes of audiences and advertisers.

Nine Entertainment Co. Holdings (ASX:NEC) Headlines

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