GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Evolution AB (OSTO:EVO) » Definitions » Forward PE Ratio

Evolution AB (OSTO:EVO) Forward PE Ratio : 17.18 (As of Apr. 30, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Evolution AB Forward PE Ratio?

Evolution AB's Forward PE Ratio for today is 17.18.

Evolution AB's PE Ratio without NRI for today is 21.26.

Evolution AB's PE Ratio for today is 21.26.


Evolution AB Forward PE Ratio Historical Data

The historical data trend for Evolution AB'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.

Evolution AB Forward PE Ratio Chart

Evolution AB Annual Data
Trend 2019-12 2020-12 2021-12 2022-12 2023-12 2024-04
Forward PE Ratio
26.32 38.02 28.49 18.38 19.61 17.18

Evolution AB Quarterly Data
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 26.32 24.39 44.44 29.41 38.02 40.65 38.46 38.02 28.49 24.39 19.80 16.95 18.38 23.04 23.36 16.67 19.61 17.57

Competitive Comparison of Evolution AB's Forward PE Ratio

For the Gambling subindustry, Evolution AB'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.


Evolution AB's Forward PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Evolution AB's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Evolution AB's Forward PE Ratio falls into.



Evolution AB 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.


Evolution AB  (OSTO:EVO) 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 .


Evolution AB Forward PE Ratio Related Terms

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


Evolution AB (OSTO:EVO) Business Description

Address
Hamngatan 11, Stockholm, SWE, SE-111 47
Evolution AB is a B2B provider of live and slots casino systems. The Company develops, produces, markets, and licenses fully integrated online casino systems to gaming operators. The company provides business-to-business solutions, which it develops and produces for gaming operators. Evolution's primary product, Live Casino, allows a human dealer to run a real-time casino table, which is then streamed to digital devices. Players can then place bets on desktops, smartphones, and tablets and communicate with the dealer through Evolution's software. The company's services are licensed to casino operators. The company generates the vast majority of its revenue from Asia.