Western Areas Forward P/E

What is the Forward P/E of Western Areas?

The Forward P/E of Western Areas Limited is 42.74

What is the definition of Forward P/E?

Forward price to earnings ratio is the ratio of a company’s stock price to the company’s estimated earnings per share for the next twelve months.

The forward price to earnings ratio is similar to trailing price to earnings ratio but instead of net income uses estimated net earnings over next 12 months. Estimates are typically derived as the mean of those published by a select group of analysts with selection criteria varying. The forward price-to-earnings ratio is a powerful, but limited tool. It allows a quick snapshot of the company’s finances without getting down in the details of an accounting report.

What does Western Areas do?

Western Areas Limited mines for, processes, and sells nickel sulphide concentrates and other base metals in Australia. It holds a 100% interest in the Forrestania project located in Western Australia. Western Areas Limited was incorporated in 1999 and is based in West Perth, Australia.

Companies with forward p/e similar to Western Areas

Genex Power has Forward P/E of 42.55
TeamViewer AG has Forward P/E of 42.55
Target Hospitality has Forward P/E of 42.55
Corcept Therapeutics Inc has Forward P/E of 42.64
Moody`s has Forward P/E of 42.68
ATOSS Software AG has Forward P/E of 42.72
Western Areas has Forward P/E of 42.74
Eisai Co has Forward P/E of 42.92
Limbach Inc has Forward P/E of 43.09
CareRx has Forward P/E of 43.10
Bentley Systems Inc has Forward P/E of 43.10
Fevertree Drinks Plc has Forward P/E of 43.10
Havells India has Forward P/E of 43.10