Coles Group (ASX:COL) Forward PE Ratio : 19.12 (As of Apr. 29, 2024)

View and export this data going back to 2018. Start your Free Trial

What is Coles Group Forward PE Ratio?

Coles Group's Forward PE Ratio for today is 19.12.

Coles Group's PE Ratio without NRI for today is 21.41.

Coles Group's PE Ratio for today is 20.86.

Coles Group Forward PE Ratio Historical Data

The historical data trend for Coles Group'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.

Coles Group Forward PE Ratio Chart

Coles Group Annual Data

Trend

2019-12

2020-12

2021-12

2022-12

2023-12

2024-04

Forward PE Ratio

24.04

24.45

24.88

20.83

19.01

19.12

Coles Group Semi-Annual Data
	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	23.81	24.04	22.27	23.75	24.21	24.45	21.10	21.93	22.47	24.88	22.32	22.12	20.16	20.83	20.96	21.41	18.35	19.01	19.76

Competitive Comparison of Coles Group's Forward PE Ratio

For the Grocery Stores subindustry, Coles Group'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.

Coles Group's Forward PE Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Coles Group's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Coles Group's Forward PE Ratio falls into.

Coles Group 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.

Coles Group (ASX:COL) 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 .

Coles Group Forward PE Ratio Related Terms

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

Coles Group (ASX:COL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Coles Group Ltd (ASX:COL) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

CLEGF:USA 2OF:Germany

Address

800-838 Toorak Road, Hawthorn East, Melbourne, VIC, AUS, 3123

Website

https://www.colesgroup.com.au

Coles Group Limited is one of Australia's largest retailers, operating the second-largest supermarket chain behind market leader Woolworths, and is the country's third-largest liquor retailer. The group has an extensive store network of about 2,500 store outlets and roughly 80% of Australian live within a 10-minute drive from their nearest Coles store. The retailer employs some 110,000 people, who process over 20 million individual customer transactions a week. This compares with Woolworths processing almost 30 million customer transactions per week from Australia's population of 25 million.