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G8 Education (ASX:GEM) Forward PE Ratio : 13.44 (As of Jun. 09, 2024)


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What is G8 Education Forward PE Ratio?

G8 Education's Forward PE Ratio for today is 13.44.

G8 Education's PE Ratio without NRI for today is 17.54.

G8 Education's PE Ratio for today is 17.54.

G8 Education Forward PE Ratio Historical Data

The historical data trend for G8 Education'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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G8 Education Forward PE Ratio Chart

G8 Education Annual Data
Trend 2015-12 2016-12 2017-12 2018-12 2019-12 2020-12 2021-12 2022-12 2023-12 2024-06
Forward PE Ratio
13.16 11.89 12.79 13.62 12.32 16.16 16.16 15.27 13.33 13.44

G8 Education Semi-Annual Data
2015-12 2016-03 2016-06 2016-09 2016-12 2017-03 2017-06 2017-09 2017-12 2018-03 2018-06 2018-09 2018-12 2019-03 2019-06 2019-09 2019-12 2020-03 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 2024-06
Forward PE Ratio 13.16 11.82 13.97 10.07 11.89 14.14 12.61 14.01 12.79 12.53 12.03 9.60 13.62 15.53 15.55 11.86 12.32 4.14 15.77 16.16 15.55 16.00 13.18 16.16 18.12 18.48 11.04 15.27 14.58 13.68 11.71 13.33 13.33 13.44

Competitive Comparison of G8 Education's Forward PE Ratio

For the Education & Training Services subindustry, G8 Education'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.

G8 Education's Forward PE Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, G8 Education's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where G8 Education's Forward PE Ratio falls into.


G8 Education 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.

G8 Education  (ASX:GEM) 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 .

G8 Education Forward PE Ratio Related Terms

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G8 Education (ASX:GEM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » G8 Education Ltd (ASX:GEM) » Definitions » Forward PE Ratio
Comparable Companies
ASX:3PL ASX:NDO ASX:KED ASX:EVO ASX:NXD ASX:AKG ASX:KME ASX:EDU ASX:CLU ASX:SIT EDU TAL LOPE GHC LRN ASX:IEL STRA HKSE:01797 LAUR ATGE
Traded in Other Exchanges
3EAG:Germany
Address
159 Varsity Parade, Varsity Lakes, Gold Coast, QLD, AUS, 4227
Website
https://www.g8education.edu.au
G8 Education Ltd operates a portfolio of around 438 childcare centres in Australia, implying a market share of less than 10%. The company relies on government subsidies, which comprise around 60% of childcare fees, but we expect subsidies to grow with childcare demand. G8 does not own the buildings from which its childcare centres operate, and labour costs comprise around 60% of revenue. Rental costs comprise around 10-15%.