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Ecolab (WBO:ECL) Forward PE Ratio : 34.48 (As of Apr. 25, 2024)


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What is Ecolab Forward PE Ratio?

Ecolab's Forward PE Ratio for today is 34.48.

Ecolab's PE Ratio without NRI for today is 42.17.

Ecolab's PE Ratio for today is 45.87.


Ecolab Forward PE Ratio Historical Data

The historical data trend for Ecolab'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.

Ecolab Forward PE Ratio Chart

Ecolab Annual Data
Trend 2019-12 2020-12 2021-12 2022-12 2023-12 2024-04
Forward PE Ratio
29.07 41.49 38.31 29.33 33.11 34.72

Ecolab Quarterly Data
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 2023-09 2023-12 2024-03
Forward PE Ratio 32.79 29.94 29.07 24.81 39.06 37.31 41.49 40.32 40.82 36.36 38.31 33.78 30.58 25.32 29.33 33.22 37.04 27.25 33.11 36.63

Competitive Comparison of Ecolab's Forward PE Ratio

For the Specialty Chemicals subindustry, Ecolab'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.


Ecolab's Forward PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ecolab's Forward PE Ratio distribution charts can be found below:

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



Ecolab 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.


Ecolab  (WBO:ECL) 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 .


Ecolab Forward PE Ratio Related Terms

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Ecolab (WBO:ECL) Business Description

Traded in Other Exchanges
Address
1 Ecolab Place, Saint Paul, MN, USA, 55102
Ecolab produces and markets cleaning and sanitation products for the industrial manufacturing, hospitality, healthcare, and life sciences markets. The firm is the global market share leader in this category with a wide array of products and services, including dish and laundry washing systems, pest control, and infection control products. Additionally, Ecolab sells customized water management solutions across its end markets. The company has a strong hold on the U.S. market and is growing its presence abroad.

Ecolab (WBO:ECL) Headlines

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