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Haier Smart Home Co (SHSE:600690) Forward PE Ratio : 14.22 (As of Apr. 29, 2024)


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What is Haier Smart Home Co Forward PE Ratio?

Haier Smart Home Co's Forward PE Ratio for today is 14.22.

Haier Smart Home Co's PE Ratio without NRI for today is 14.89.

Haier Smart Home Co's PE Ratio for today is 16.27.


Haier Smart Home Co Forward PE Ratio Historical Data

The historical data trend for Haier Smart Home Co'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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Haier Smart Home Co Forward PE Ratio Chart

Haier Smart Home Co Annual Data
Trend 2018-12 2019-12 2020-12 2021-12 2022-12 2023-12 2024-04
Forward PE Ratio
10.14 13.37 19.57 16.92 12.56 10.18 13.99

Haier Smart Home Co Quarterly Data
2018-03 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
Forward PE Ratio 12.77 13.95 11.24 10.14 12.80 12.80 10.56 13.37 10.40 16.00 15.92 19.57 21.01 17.86 13.76 16.92 12.41 15.95 12.41 12.56 12.38 12.06 11.53 10.18

Competitive Comparison of Haier Smart Home Co's Forward PE Ratio

For the Furnishings, Fixtures & Appliances subindustry, Haier Smart Home Co'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.


Haier Smart Home Co's Forward PE Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Haier Smart Home Co's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Haier Smart Home Co's Forward PE Ratio falls into.



Haier Smart Home Co 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.


Haier Smart Home Co  (SHSE:600690) 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 .


Haier Smart Home Co Forward PE Ratio Related Terms

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Haier Smart Home Co (SHSE:600690) Business Description

Traded in Other Exchanges
Address
Haier Industrial Park, Laoshan District, Shandong Province, Qingdao, CHN, 266101
Haier Smart Home Co Ltd manufactures and distributes household electrical appliances. It offers products such as refrigerators, air conditioners, washing machine, microwave ovens, smoke exhausters, gas stoves, dishwashers, electrical water heaters and others under the brand name Haier, Casarte, Leader, AQUA and Fisher & Paykel. The company has three business segments namely China smart home business: Overseas home appliance and smart home business segment Other business segments. The products of the group are traded in mainland China and in other overseas markets including Hong Kong, Macau, and Taiwan.

Haier Smart Home Co (SHSE:600690) Headlines

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