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Forge Innovation Development (Forge Innovation Development) Forward PE Ratio : 0.00 (As of Jun. 21, 2024)


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What is Forge Innovation Development Forward PE Ratio?

Forge Innovation Development's Forward PE Ratio for today is 0.00.

Forge Innovation Development's PE Ratio without NRI for today is 0.00.

Forge Innovation Development's PE Ratio for today is 0.00.


Forge Innovation Development Forward PE Ratio Historical Data

The historical data trend for Forge Innovation Development'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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Forge Innovation Development Forward PE Ratio Chart

Forge Innovation Development Annual Data
Trend
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Forge Innovation Development Quarterly Data
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Competitive Comparison of Forge Innovation Development's Forward PE Ratio

For the Real Estate Services subindustry, Forge Innovation Development'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.


Forge Innovation Development's Forward PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Forge Innovation Development's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Forge Innovation Development's Forward PE Ratio falls into.



Forge Innovation Development 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.


Forge Innovation Development  (OTCPK:FGNV) 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 .


Forge Innovation Development Forward PE Ratio Related Terms

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Forge Innovation Development (Forge Innovation Development) Business Description

Traded in Other Exchanges
N/A
Address
6280 Mission Boulevard, Unit 205, Jurupa Valley, CA, USA, 92509
Forge Innovation Development Corp is a real estate development company. The company is engaged in commercial and residential land development, including purchase and sale of real estate, targeting properties in Southern California. Its primary business is to acquire land and develop and sell fully constructed homes and commercial property such as stores, offices, and private schools, among others to non-affiliated third parties. It also intends to invest its funds in income-yielding properties.

Forge Innovation Development (Forge Innovation Development) Headlines

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