Legg Mason (Legg Mason) Forward PE Ratio : 0.00 (As of May. 12, 2024)

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What is Legg Mason Forward PE Ratio?

Legg Mason's Forward PE Ratio for today is 0.00.

Legg Mason's PE Ratio without NRI for today is 16.59.

Legg Mason's PE Ratio for today is 16.59.

Legg Mason Forward PE Ratio Historical Data

The historical data trend for Legg Mason'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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Legg Mason Forward PE Ratio Chart

Legg Mason Annual Data

Trend

2015-12

2016-12

2017-12

2018-12

2019-12

2020-07

Forward PE Ratio

11.25

9.12

11.11

6.92

9.02

15.53

Legg Mason 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
Forward PE Ratio	11.25	15.53	9.67	14.31	9.12	11.92	13.09	14.41	11.11	10.53	9.51	8.94	6.92	10.57	13.32	10.99	9.02	11.59

Competitive Comparison of Legg Mason's Forward PE Ratio

For the Asset Management subindustry, Legg Mason'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.

Legg Mason's Forward PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Legg Mason's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Legg Mason's Forward PE Ratio falls into.

Legg Mason 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.

Legg Mason (NYSE:LM) 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 .

Legg Mason Forward PE Ratio Related Terms

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Legg Mason (Legg Mason) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Legg Mason Inc (NYSE:LM) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 International Drive, Baltimore, MD, USA, 21202-1099

Website

https://www.leggmason.com

Legg Mason provides investment management services for institutional and individual investors. The firm had $783.4 billion in managed assets at the end of June, spread among its equity (25% of total AUM), fixed-income (57%), alternatives (9%), and money market (9%) investment platforms. Legg Mason uses a multiaffiliate business model, with its single- largest affiliate, Western Asset Management, accounting for more than 60% of managed assets. Other major affiliates include ClearBridge Investments (more than 15% of AUM), Brandywine (less than 10%), and Clarion Partners (less than 10%). The remaining affiliates--Martin Currie, Royce & Associates, EnTrustPermal, QS Investors, and RARE Infrastructure--each account for 2% or less of Legg Mason's managed assets.