Argo Group (LSE:ARGO) Forward PE Ratio : 0.00 (As of Jun. 06, 2024)

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What is Argo Group Forward PE Ratio?

Argo Group's Forward PE Ratio for today is 0.00.

Argo Group's PE Ratio without NRI for today is 0.00.

Argo Group's PE Ratio for today is 0.00.

Argo Group Forward PE Ratio Historical Data

The historical data trend for Argo 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.

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Argo Group Forward PE Ratio Chart

Argo Group Annual Data

Trend

2019-12

2020-12

2021-03

Forward PE Ratio

13.39

9.03

9.76

Argo Group Semi-Annual Data
	2019-09	2019-12	2020-03	2020-12	2021-03
Forward PE Ratio	7.78	13.39	12.02	9.03	9.76

Competitive Comparison of Argo Group's Forward PE Ratio

For the Asset Management subindustry, Argo 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.

Argo Group's Forward PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Argo Group's Forward PE Ratio distribution charts can be found below:

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

Argo 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.

Argo Group (LSE:ARGO) 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 .

Argo Group Forward PE Ratio Related Terms

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Argo Group (LSE:ARGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Argo Group Ltd (LSE:ARGO) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

IW6:Germany

Address

24-25 New Bond Street, 2nd Floor, London, GBR, W1S 2RR

Website

https://www.argogrouplimited.com

Argo Group Ltd is an investment management company that invests in multi-strategy investment in emerging markets. Its investment objective is to provide investors with absolute returns on the funds. The group aims to deliver low volatility, double-digit absolute returns through a fundamental, bottom-up investment approach. The Group's funds invest in performing fixed-income securities, both sovereign and corporate, distressed debt, and real estate. The company operates as a single asset management business.