Azul (AZUL) Forward PE Ratio : 21.93 (As of Apr. 27, 2024)

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What is Azul Forward PE Ratio?

Azul's Forward PE Ratio for today is 21.93.

Azul's PE Ratio without NRI for today is 0.00.

Azul's PE Ratio for today is 0.00.

Azul Forward PE Ratio Historical Data

The historical data trend for Azul'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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Azul Forward PE Ratio Chart

Azul Annual Data

Trend

2017-12

2018-12

2019-12

2020-04

2021-10

2022-12

2023-11

2024-03

Forward PE Ratio

18.32

13.99

31.45

13.89

40.65

38.02

46.95

22.37

Azul Quarterly Data
	2017-06	2017-09	2017-12	2018-03	2018-06	2018-09	2018-12	2019-03	2019-06	2019-09	2019-12	2020-03	2023-09	2024-03
Forward PE Ratio	43.86	21.10	18.32	21.74	10.22	9.12	13.99	18.05	16.92	19.57	31.45	15.80	42.74	22.37

Competitive Comparison of Azul's Forward PE Ratio

For the Airlines subindustry, Azul'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.

Azul's Forward PE Ratio Distribution in the Transportation Industry

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

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

Azul 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.

Azul (NYSE:AZUL) 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 .

Azul Forward PE Ratio Related Terms

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Azul (AZUL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Azul SA (NYSE:AZUL) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

8AZA:Germany AZUL4:Brazil

Address

Marcos Penteado de Ulhoa Rodrigues, 939, Edificio Jatoba, 8th Floor, Castelo Branco Office Park, Tambore, Barueri, Sao Paulo, SP, BRA, 06460-040

Website

https://www.voeazul.com.br

Azul SA is involved in the operation of regular and non-regular airline passenger services, cargo or mail, passenger charter, provision of maintenance and hangarage services for aircraft, engines, parts and pieces, aircraft acquisition and lease, development of frequent-flyer programs, development of related activities and equity holding in other companies.