The Forward P/E of ADTRAN Holdings Inc is 3.04
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.
ADTRAN, Inc. is a provider of telecommunications networking equipment and internetworking products. Its headquarters are in Huntsville, Alabama. The company is ISO 9001 and TL9000 certified.