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CNH Industrial NV (CNH Industrial NV) Forward PE Ratio

: 8.13 (As of Today)
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CNH Industrial NV's Forward PE Ratio for today is 8.13.

CNH Industrial NV's PE Ratio without NRI for today is 7.19.

CNH Industrial NV's PE Ratio for today is 7.03.


CNH Industrial NV Forward PE Ratio Historical Data

The historical data trend for CNH Industrial NV'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.

CNH Industrial NV 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
16.86 20.20 23.09 10.17 12.32 21.51 13.44 10.53 7.22 8.13

CNH Industrial NV Quarterly 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 2020-09 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 16.86 13.81 18.55 15.70 20.20 23.53 27.78 21.46 23.09 19.12 15.04 13.57 10.17 11.85 11.66 10.57 12.32 7.22 11.15 21.51 22.83 15.13 12.24 13.44 12.63 8.71 7.20 10.53 9.18 8.35 6.71 7.22 8.15

Competitive Comparison

For the Farm & Heavy Construction Machinery subindustry, CNH Industrial NV'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.


CNH Industrial NV Forward PE Ratio Distribution

For the Farm & Heavy Construction Machinery industry and Industrials sector, CNH Industrial NV's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where CNH Industrial NV's Forward PE Ratio falls into.



CNH Industrial NV 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.


CNH Industrial NV  (NYSE:CNHI) 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 .


CNH Industrial NV Forward PE Ratio Related Terms

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CNH Industrial NV (CNH Industrial NV) Business Description

Address
25 St. James's Street, London, GBR, SW1A 1HA
CNH Industrial is a global manufacturer of heavy machinery, with a range of products including agricultural and construction equipment. One of its most recognizable brands, Case IH, has served farmers for generations. The company's products are available through a robust dealer network, which includes over 3,600 dealer and distribution locations globally. CNH's finance arm provides retail financing for equipment to its customers in addition to wholesale financing for dealers, which increases the likelihood of product sales.