Fidelity China Special Situations Plc Forward P/E
What is the Forward P/E of Fidelity China Special Situations Plc?
The Forward P/E of Fidelity China Special Situations Plc is 6.23
What is the definition of Forward P/E?
Forward price to earnings ratio is the ratio of a company’s stock price to the company’s estimated earnings per share for the next twelve months.
The forward price to earnings ratio is similar to trailing price to earnings ratio but instead of net income uses estimated net earnings over next 12 months. Estimates are typically derived as the mean of those published by a select group of analysts with selection criteria varying. The forward price-to-earnings ratio is a powerful, but limited tool. It allows a quick snapshot of the company’s finances without getting down in the details of an accounting report.
Forward P/E of companies in the Finance sector on LSE compared to Fidelity China Special Situations Plc
What does Fidelity China Special Situations Plc do?
Fidelity China Special Situations PLC is a close-ended equity mutual fund launched and managed by FIL Investment Services (UK) Limited. The fund is co-managed by FIL Investment Management (Hong Kong) Limited and FIL Investments International. It invests in the public equity markets of China, which includes companies listed in China or Hong Kong and Chinese companies on other stock exchanges. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in growth stocks of companies. The fund also invests in derivative instruments. It conducts in-house research to make its investments. The fund benchmarks the performance of its portfolio against the MSCI China Index. Fidelity China Special Situations PLC was formed on January 22, 2010 and is domiciled in the United Kingdom.
Companies with forward p/e similar to Fidelity China Special Situations Plc
- HSBC Plc has Forward P/E of 6.22
- Banco Santander SA has Forward P/E of 6.22
- Gran Colombia Gold has Forward P/E of 6.22
- Xtract Resources Plc has Forward P/E of 6.22
- Baytex has Forward P/E of 6.23
- New Residential Investment Corp has Forward P/E of 6.23
- Fidelity China Special Situations Plc has Forward P/E of 6.23
- Trans-Siberian Gold plc has Forward P/E of 6.25
- Hope Education Co has Forward P/E of 6.25
- Tremor International Ltd has Forward P/E of 6.25
- Mangalore Chemicals & Fertilizers has Forward P/E of 6.25
- Micro Focus International Plc has Forward P/E of 6.25
- Heartland USA has Forward P/E of 6.25