Advanced Micro Devices Forward P/E

What is the Forward P/E of Advanced Micro Devices?

The Forward P/E of Advanced Micro Devices Inc. is 36.35

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.

Forward P/E of companies in the Technology sector on NASDAQ compared to Advanced Micro Devices

What does Advanced Micro Devices do?

Advanced Micro Devices, Inc., commonly abbreviated as AMD, is an American multinational semiconductor company based in Santa Clara, California, that develops computer processors and related technologies for business and consumer markets

Companies with forward p/e similar to Advanced Micro Devices