Hochtief AG (Hochtief AG) Forward PE Ratio : 13.21 (As of May. 11, 2024)

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What is Hochtief AG Forward PE Ratio?

Hochtief AG's Forward PE Ratio for today is 13.21.

Hochtief AG's PE Ratio without NRI for today is 14.27.

Hochtief AG's PE Ratio for today is 14.27.

Hochtief AG Forward PE Ratio Historical Data

The historical data trend for Hochtief AG'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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Hochtief AG Forward PE Ratio Chart

Hochtief AG Annual Data

Trend

2015-12

2016-12

2017-12

2018-10

2019-12

2020-03

Forward PE Ratio

20.33

22.52

19.96

15.65

12.32

8.93

Hochtief AG 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	2019-03	2019-06	2019-09	2019-12	2020-03
Forward PE Ratio	20.33	21.51	24.75	23.98	22.52	26.74	23.15	19.05	19.96	21.01	18.66	15.50	14.66	14.58	10.74	12.32	8.93

Competitive Comparison of Hochtief AG's Forward PE Ratio

For the Engineering & Construction subindustry, Hochtief AG'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.

Hochtief AG's Forward PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Hochtief AG's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Hochtief AG's Forward PE Ratio falls into.

Hochtief AG 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.

Hochtief AG (OTCPK:HOCFY) 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 .

Hochtief AG Forward PE Ratio Related Terms

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Hochtief AG (Hochtief AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Hochtief AG (OTCPK:HOCFY) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

HOCFF:USA 1HOT:Italy HOTd:UK 0EPW:UK HOT:Germany HOT:Austria

Address

Alfredstrasse 236, Essen, NW, DEU, 45133

Website

https://www.hochtief.com

Hochtief AG develops and constructs building and infrastructure projects. It works on complex projects in transportation, energy, urban infrastructure, and mining markets. It expands transportation networks with roads, bridges, and tunnels, or designs and constructs office buildings, hospitals, and power plants. The company leans on expertise and technical know-how in developing, financing, building, and operating in designated business areas. Also, it will partner with external groups to work on specific components of a project. Hochtief reports operating segments by regional divisions: Americas, Asia Pacific, and Europe. The Americas and the Asia Pacific account for the majority of sales and are where most of the company's assets are located.