Fastenal Co (WBO:FAST) Forward PE Ratio : 31.85 (As of Apr. 26, 2024)

View and export this data going back to 2017. Start your Free Trial

What is Fastenal Co Forward PE Ratio?

Fastenal Co's Forward PE Ratio for today is 31.85.

Fastenal Co's PE Ratio without NRI for today is 33.73.

Fastenal Co's PE Ratio for today is 33.73.

Fastenal Co Forward PE Ratio Historical Data

The historical data trend for Fastenal 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.

* Premium members only.

Fastenal Co Forward PE Ratio Chart

Fastenal Co Annual Data

Trend

2017-12

2018-12

2019-12

2020-12

2021-12

2022-12

2023-12

2024-04

Forward PE Ratio

25.13

17.92

24.63

31.25

36.10

24.10

30.21

32.15

Fastenal Co Quarterly Data
	2017-06	2017-09	2017-12	2018-03	2018-06	2018-09	2018-12	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	2023-09	2023-12	2024-03
Forward PE Ratio	23.15	21.19	25.13	22.08	19.23	20.45	17.92	22.32	22.57	21.05	24.63	20.83	30.67	28.74	31.25	31.75	33.00	31.25	36.10	32.26	27.32	22.17	24.10	26.74	29.85	25.25	30.21	36.76

Competitive Comparison of Fastenal Co's Forward PE Ratio

For the Industrial Distribution subindustry, Fastenal 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.

Fastenal Co's Forward PE Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Fastenal Co's Forward PE Ratio distribution charts can be found below:

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

Fastenal 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.

Fastenal Co (WBO:FAST) 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 .

Fastenal Co Forward PE Ratio Related Terms

Thank you for viewing the detailed overview of Fastenal Co's Forward PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Fastenal Co (WBO:FAST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Fastenal Co (WBO:FAST) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

FAST:USA FAS:Germany FASL34:Brazil

Address

2001 Theurer Boulevard, Winona, MN, USA, 55987-1500

Website

https://www.fastenal.com

Fastenal opened its first fastener store in 1967 in Winona, Minnesota. Since then, Fastenal has greatly expanded its footprint as well as its products and services. Today, Fastenal serves its 400,000 active customers through approximately 1,600 branches, over 1,700 on-site locations, and 14 distribution centers. Since 1993, the company has added other product categories, but fasteners remain its largest category at about 30%-35% of sales. Fastenal also offers customers supply-chain solutions, such as vending and vendor-managed inventory.