Advanced Drainage Systems's PE Ratio for today is 25.83.
Advanced Drainage Systems Forward PE Ratio Historical Data
The historical data trend for Advanced Drainage Systems'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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Advanced Drainage Systems Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2019-09
2022-12
2023-12
2024-04
Forward PE Ratio
25.00
23.98
26.67
19.31
22.57
14.04
22.32
23.26
Advanced Drainage Systems 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
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-03
Forward PE Ratio
25.00
16.42
30.49
29.15
23.98
27.03
22.32
29.76
26.67
25.91
26.46
28.09
19.31
21.46
22.62
22.57
23.64
16.21
22.42
14.04
15.15
21.83
21.88
22.32
24.45
Competitive Comparison
For the Building Products & Equipment subindustry, Advanced Drainage Systems'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.
Advanced Drainage Systems Forward PE Ratio Distribution
For the Construction industry and Industrials sector, Advanced Drainage Systems's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Advanced Drainage Systems's Forward PE Ratio falls into.
Advanced Drainage Systems 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.
Advanced Drainage Systems (NYSE:WMS) 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 .
Advanced Drainage Systems Forward PE Ratio Related Terms
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Advanced Drainage Systems (Advanced Drainage Systems) Business Description
Advanced Drainage Systems Inc is engaged in designing, manufacturing, and marketing thermoplastic corrugated pipe and related water management products in North and South America, and Europe. The company's operating segment includes Pipe; Infiltrator; International and Allied Products and Other. It generates maximum revenue from the Pipe segment. The company serves Agriculture; Aviation and Military; Mining; Residential; Transportation; Healthcare and Education and others.
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