GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Close Brothers Group PLC (LSE:CBG) » Definitions » Forward PE Ratio

Close Brothers Group (LSE:CBG) Forward PE Ratio

: 6.58 (As of Today)
View and export this data going back to 1962. Start your Free Trial

Close Brothers Group's Forward PE Ratio for today is 6.58.

Close Brothers Group's PE Ratio without NRI for today is 4.58.

Close Brothers Group's PE Ratio for today is 4.61.


Close Brothers Group Forward PE Ratio Historical Data

The historical data trend for Close Brothers Group'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.

Close Brothers Group 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
10.68 11.71 10.80 10.12 11.82 18.55 10.07 9.94 8.62 6.77

Close Brothers Group 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 10.68 10.08 9.95 11.42 11.71 12.02 11.79 11.61 10.80 10.87 10.79 10.57 10.12 10.59 9.93 10.16 11.82 8.68 13.76 12.48 18.55 13.30 10.38 10.62 10.07 9.91 8.43 8.34 9.94 9.88 7.54 7.83 8.62 4.75

Competitive Comparison

For the Banks - Regional subindustry, Close Brothers Group'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.


Close Brothers Group Forward PE Ratio Distribution

For the Banks industry and Financial Services sector, Close Brothers Group's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Close Brothers Group's Forward PE Ratio falls into.



Close Brothers Group 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.


Close Brothers Group  (LSE:CBG) 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 .


Close Brothers Group Forward PE Ratio Related Terms

Thank you for viewing the detailed overview of Close Brothers Group's Forward PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Close Brothers Group (LSE:CBG) Business Description

Traded in Other Exchanges
Address
10 Crown Place, London, GBR, EC2A 4FT
Close Brothers Group PLC is a merchant banking group providing lending, deposit solutions, wealth management services, and securities trading. The company mostly provides services to small businesses and individuals in the United Kingdom. Its strategy focuses on niche markets to drive high levels of repeat business with clients. The company distributes its service offerings with a direct salesforce and an intermediated distribution network. Its banking division provides asset, invoice, motor, premium, and property finance. Close Brothers' security business is primarily a liquidity provider to U.K. retail stockbrokers and institutions. The group's asset management division offers financial planning and investment management services.

Close Brothers Group (LSE:CBG) Headlines

No Headlines