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Avery Dennison (BSP:A1VY34) Forward PE Ratio : 21.55 (As of Apr. 30, 2024)


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What is Avery Dennison Forward PE Ratio?

Avery Dennison's Forward PE Ratio for today is 21.55.

Avery Dennison's PE Ratio without NRI for today is 25.78.

Avery Dennison's PE Ratio for today is 31.88.


Avery Dennison Forward PE Ratio Historical Data

The historical data trend for Avery Dennison'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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Avery Dennison Forward PE Ratio Chart

Avery Dennison Annual Data
Trend 2020-12 2021-12 2022-12 2023-12 2024-04
Forward PE Ratio
21.98 21.55 15.85 18.83 21.37

Avery Dennison Quarterly Data
2020-03 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 7.66 21.98 22.78 24.69 23.98 21.55 18.08 17.18 15.95 15.85 18.94 19.19 17.36 18.83 22.52

Competitive Comparison of Avery Dennison's Forward PE Ratio

For the Packaging & Containers subindustry, Avery Dennison'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.


Avery Dennison's Forward PE Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Avery Dennison's Forward PE Ratio distribution charts can be found below:

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



Avery Dennison 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.


Avery Dennison  (BSP:A1VY34) 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 .


Avery Dennison Forward PE Ratio Related Terms

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Avery Dennison (BSP:A1VY34) Business Description

Traded in Other Exchanges
Address
8080 Norton Parkway, Mentor, OH, USA, 44060
Avery Dennison manufactures pressure-sensitive materials, merchandise tags, and labels. The company also runs a specialty converting business that produces radio-frequency identification, or RFID, inlays and labels. Avery Dennison draws a significant amount of revenue from outside the United States, with international operations accounting for the majority of total sales.

Avery Dennison (BSP:A1VY34) Headlines

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