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Zoomlion Heavy Industry Science and Technology Co (Zoomlion Heavy Industry Science and Technology Co) Forward PE Ratio

: 20.04 (As of Today)
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Zoomlion Heavy Industry Science and Technology Co's Forward PE Ratio for today is 20.04.

Zoomlion Heavy Industry Science and Technology Co's PE Ratio without NRI for today is 16.73.

Zoomlion Heavy Industry Science and Technology Co's PE Ratio for today is 20.48.


Zoomlion Heavy Industry Science and Technology Co Forward PE Ratio Historical Data

The historical data trend for Zoomlion Heavy Industry Science and Technology 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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Zoomlion Heavy Industry Science and Technology Co Annual Data
Trend 2015-12 2016-12 2017-12 2018-10 2019-12 2020-12 2021-12 2022-12 2023-12 2024-03
Forward PE Ratio
26.32 23.64 17.30 11.67 7.90 8.87 4.31 8.47 7.42 9.95

Zoomlion Heavy Industry Science and Technology Co 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 2020-06 2020-09 2020-12 2021-03 2021-06 2021-09 2021-12 2022-03 2022-06 2022-09 2022-12 2023-03 2023-06 2023-12 2024-03
Forward PE Ratio 26.32 34.13 20.92 19.69 23.64 26.25 20.53 18.62 17.30 10.13 14.95 11.31 10.58 11.00 6.93 7.90 8.08 9.21 8.89 8.87 9.07 6.28 6.33 4.31 4.62 5.00 5.25 8.47 8.50 8.53 7.42 9.95

Competitive Comparison

For the Farm & Heavy Construction Machinery subindustry, Zoomlion Heavy Industry Science and Technology 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.


Zoomlion Heavy Industry Science and Technology Co Forward PE Ratio Distribution

For the Farm & Heavy Construction Machinery industry and Industrials sector, Zoomlion Heavy Industry Science and Technology Co's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Zoomlion Heavy Industry Science and Technology Co's Forward PE Ratio falls into.



Zoomlion Heavy Industry Science and Technology 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.


Zoomlion Heavy Industry Science and Technology Co  (OTCPK:ZLIOF) 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 .


Zoomlion Heavy Industry Science and Technology Co Forward PE Ratio Related Terms

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Zoomlion Heavy Industry Science and Technology Co (Zoomlion Heavy Industry Science and Technology Co) Business Description

Address
No. 361, Yinpen South Road, Hunan Province, Changsha, CHN, 410013
Zoomlion Heavy Industry Science and Technology Co Ltd are mainly engaged in the research, development, manufacturing, and sales of construction machinery, and agricultural machinery. It is engaged in three main operating segments, including (i) research, development, manufacturing, and sale of construction machinery; (ii) research, development, manufacturing, and sale of agricultural machinery; and (iii) finance lease services. The construction machinery segment provides concrete machinery, crane machinery, road construction machinery, pile foundation machinery, work-at-height machinery, fire machinery, mining machinery, forklift truck, and other products. Agricultural machinery industry, including farming machinery, harvesting machinery, drying machinery, and agricultural equipment.

Zoomlion Heavy Industry Science and Technology Co (Zoomlion Heavy Industry Science and Technology Co) Headlines