Melrose Industries (LSE:MRO) Forward PE Ratio : 23.70 (As of May. 01, 2024)

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What is Melrose Industries Forward PE Ratio?

Melrose Industries's Forward PE Ratio for today is 23.70.

Melrose Industries's PE Ratio without NRI for today is 33.79.

Melrose Industries's PE Ratio for today is 0.00.

Melrose Industries Forward PE Ratio Historical Data

The historical data trend for Melrose Industries'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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Melrose Industries Forward PE Ratio Chart

Melrose Industries 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

34.72

22.22

19.61

14.22

16.67

0.54

21.32

14.31

21.93

23.70

Melrose Industries 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	34.72	10.65	43.48	20.37	22.22	22.32	25.00	19.49	19.61	22.52	19.69	17.54	14.22	13.28	13.11	13.33	16.67	7.33	67.11	20.88	0.54	0.49	28.09	23.15	21.32	17.04	22.99	10.87	14.31	17.15	32.89	19.31	21.93	24.63

Competitive Comparison of Melrose Industries's Forward PE Ratio

For the Specialty Industrial Machinery subindustry, Melrose Industries'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.

Melrose Industries's Forward PE Ratio Distribution in the Industrial Products Industry

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

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

Melrose Industries 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.

Melrose Industries (LSE:MRO) 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 .

Melrose Industries Forward PE Ratio Related Terms

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Melrose Industries (LSE:MRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Melrose Industries PLC (LSE:MRO) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

MLSPF:USA MROl:UK 27M:Germany

Address

5 Stratton Street, Stratton House, London, GBR, W1J 8LA

Website

https://www.melroseplc.net

Melrose Industries PLC owns manufacturing and industrial businesses operating in several different geographical regions and sectors. Its operating segments consist of Aerospace; Automotive; Powder Metallurgy and Other Industrial segment. The aerospace segment is a multi-technology supplier of both civil and defense air frames and engine structures. The automotive segment is a technology and systems engineer which designs, develops, manufactures, and integrates an extensive range of driveline technologies, including electric vehicle components. The powder Metallurgy segment provides precision powder metal parts for the automotive and industrial sectors, as well as the production of powder metal. Other Industrial segment comprises the Group's Ergotron business.