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Veritex Holdings's Forward PE Ratio for today is 0.00.
Veritex Holdings's PE Ratio without NRI for today is 11.02.
Veritex Holdings's PE Ratio for today is 11.73.
The historical data trend for Veritex Holdings'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.
Veritex Holdings Annual Data | |||||||
Trend | 2017-12 | 2018-12 | 2019-10 | ||||
Forward PE Ratio | 17.57 | 12.06 | 8.99 |
Veritex Holdings Quarterly Data | |||||||||
2017-03 | 2017-06 | 2017-09 | 2017-12 | 2018-03 | 2018-06 | 2018-09 | 2018-12 | 2019-03 | |
Forward PE Ratio | 24.45 | 23.53 | 18.21 | 17.57 | 17.51 | 17.27 | 11.21 | 12.06 | 9.50 |
For the Banks - Regional subindustry, Veritex Holdings'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.
For the Banks industry and Financial Services sector, Veritex Holdings's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Veritex Holdings's Forward PE Ratio falls into.
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.
Veritex Holdings (NAS:VBTX) 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 .
Thank you for viewing the detailed overview of Veritex Holdings's Forward PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Gregory B Morrison | director | 8214 WESTCHESTER DRIVE, SUITE 400, DALLAS TX 75225 |
Martin Dominic Karaba | officer: Chief Banking Officer | 1010 GRAND BLVD, KANSAS CITY MO 64106 |
Terry Earley | officer: Chief Financial Officer | C/O CRESCENT FINANCIAL BANCSHARES, INC., 1005 HIGH HOUSE ROAD, CARY NC 27513 |
Fallon William | director | 8214 WESTCHESTER DRIVE, SUITE 800, DALLAS TX 75225 |
Gordon Huddleston | director | 8214 WESTCHESTER DRIVE, SUITE 400, DALLAS TX 75225 |
Pat S Bolin | director | 5950 BERKSHIRE LANE, SUITE 1100, DALLAS TX 75225 |
Cara Mcdaniel | officer: Chief Talent Officer | 8214 WESTCHESTER DRIVE, DALLAS TX 75225 |
John Sughrue | director | 1807 ROSS AVENUE, SUITE 250, DALLAS TX 75201 |
Phil Donnelly | officer: SEVP, General Counsel | 8214 WESTCHESTER DR. SUITE 800, DALLAS TX 75225 |
Michael Clayton Riebe | officer: Chief Credit Officer | 8214 WESTCHESTER DRIVE SUITE 400, DALLAS TX 75225 |
Holland C Malcolm Iii | director, officer: Chairman, CEO, President | 8214 WESTCHESTER DRIVE, SUITE 400, DALLAS TX 75225 |
Arcilia Acosta | director | LEGACYTEXAS FINANCIAL GROUP, INC., 5851 LEGACY CIRCLE, PLANO TX 75024 |
Jim Recer | officer: Chief Banking Officer | 8214 WESTCHESTER DRIVE, DALLAS TX 75225 |
Manuel J Mehos | director | COASTAL BANCORP INC, 5718 WESTHEIMER SUITE 600, HOUSTON TX 77057 |
William Don Ellis | director | 4000 GREENBRIAR, HOUSTON TX 77098 |
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