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The Walt Disney Co (NEOE:DIS) Forward PE Ratio

: 24.03 (As of Today)
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The Walt Disney Co's Forward PE Ratio for today is 24.03.

The Walt Disney Co's PE Ratio without NRI for today is 31.40.

The Walt Disney Co's PE Ratio for today is 69.40.


The Walt Disney Co Forward PE Ratio Historical Data

The historical data trend for The Walt Disney Co'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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The Walt Disney Co Annual Data
Trend 2021-12 2022-12 2023-12 2024-04
Forward PE Ratio
3.22 19.23 17.51 21.37

The Walt Disney Co Quarterly Data
2021-12 2022-03 2022-06 2022-09 2022-12 2023-03 2023-06 2023-09 2023-12 2024-03
Forward PE Ratio 3.22 32.47 16.58 15.75 19.23 21.79 14.51 14.25 17.51 23.20

Competitive Comparison

For the Entertainment subindustry, The Walt Disney Co'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.


The Walt Disney Co Forward PE Ratio Distribution

For the Media - Diversified industry and Communication Services sector, The Walt Disney Co's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where The Walt Disney Co's Forward PE Ratio falls into.



The Walt Disney Co 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.


The Walt Disney Co  (NEOE:DIS) 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 .


The Walt Disney Co Forward PE Ratio Related Terms

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The Walt Disney Co (NEOE:DIS) Business Description

Address
500 South Buena Vista Street, Burbank, CA, USA, 91521
Disney operates in three global business segments: entertainment, sports, and experiences. Entertainment and experiences both benefit from franchises and characters the firm has created over the course of a century. Entertainment includes the ABC broadcast network, several cable television networks, and the Disney+ and Hulu streaming services. Within the segment, Disney also engages in movie and television production and distribution, with content licensed to movie theaters, other content providers, or, increasingly, kept in-house for use on Disney's own streaming platform and television networks. The sports segment houses ESPN and the ESPN+ streaming service. Experiences contains Disney's theme parks and vacation destinations, and also benefits from merchandise licensing.