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SP Plus (FRA:PZA) Forward PE Ratio : 18.33 (As of May. 22, 2024)


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What is SP Plus Forward PE Ratio?

SP Plus's Forward PE Ratio for today is 18.33.

SP Plus's PE Ratio without NRI for today is 26.86.

SP Plus's PE Ratio for today is 35.52.

SP Plus Forward PE Ratio Historical Data

The historical data trend for SP Plus'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.

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SP Plus Forward PE Ratio Chart

SP Plus Annual Data
Trend 2018-12 2019-12 2020-12 2021-12 2022-12 2023-12 2024-05
Forward PE Ratio
10.88 14.08 23.92 9.88 10.76 14.35 15.22

SP Plus Quarterly Data
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 16.86 15.24 10.88 12.76 12.18 12.97 14.08 8.01 11.35 39.53 23.92 27.47 27.86 12.58 9.88 11.26 10.33 10.02 10.76 9.82 13.87 10.14 14.35 17.30

Competitive Comparison of SP Plus's Forward PE Ratio

For the Specialty Business Services subindustry, SP Plus'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.

SP Plus's Forward PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, SP Plus's Forward PE Ratio distribution charts can be found below:

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


SP Plus 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.

SP Plus  (FRA:PZA) 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 .

SP Plus Forward PE Ratio Related Terms

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SP Plus (FRA:PZA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SP Plus Corp (FRA:PZA) » Definitions » Forward PE Ratio
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Traded in Other Exchanges
SP:USA
Address
200 East Randolph Street, Suite 7700, Chicago, IL, USA, 60601-7702
Website
https://www.spplus.com
SP Plus Corp Provides parking management, ground transportation, and other ancillary services to commercial, institutional, and municipal clients in urban markets and airports across the United States, Canada, and Puerto Rico. Its services include a comprehensive set of on-site parking management and ground transportation services, In addition, the company also provides a range of ancillary services such as airport and municipal shuttle operations, valet services, taxi and livery dispatch services, and municipal meter revenue collection and enforcement services. Its reportable segments are Commercial and Aviation. The company generates a majority of its revenue from the Commercial segment.