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Snap-on (BSP:S1NA34) Forward PE Ratio

: 14.53 (As of Today)
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Snap-on's Forward PE Ratio for today is 14.53.

Snap-on's PE Ratio without NRI for today is 14.99.

Snap-on's PE Ratio for today is 15.12.


Snap-on Forward PE Ratio Historical Data

The historical data trend for Snap-on'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.

Snap-on Annual Data
Trend 2020-12 2021-12 2022-12 2023-12 2024-04
Forward PE Ratio
15.82 15.72 13.40 14.88 15.11

Snap-on Quarterly Data
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 3.27 3.80 15.82 17.76 17.06 15.50 15.72 14.86 12.69 12.12 13.40 14.27 16.45 13.30 14.88 15.36

Competitive Comparison

For the Tools & Accessories subindustry, Snap-on'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.


Snap-on Forward PE Ratio Distribution

For the Industrial Products industry and Industrials sector, Snap-on's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Snap-on's Forward PE Ratio falls into.



Snap-on 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.


Snap-on  (BSP:S1NA34) 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 .


Snap-on Forward PE Ratio Related Terms

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Snap-on (BSP:S1NA34) Business Description

Traded in Other Exchanges
Address
2801 80th Street, Kenosha, WI, USA, 53143
Snap-on manufactures premium tools and software for repair professionals. Hand tools are sold through franchisee-operated mobile vans that serve auto technicians who purchase tools at their own expense. A unique element of its business model is that franchisees bear significant risk, as they must invest in the mobile van, inventory, and software. At the same time, franchisees extend personal credit directly to technicians on an individual tool basis. Snap-on currently operates three segments: repair systems and information, commercial and industrial, and tools. Its finance arm provides financing to franchisees to run their operations, which includes offering loans and leases for mobile vans.

Snap-on (BSP:S1NA34) Headlines

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