Future Retail Forward P/E
What is the Forward P/E of Future Retail?
The Forward P/E of Future Retail Limited is 3.89
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 Consumer Discretionary sector on NSE compared to Future Retail
What does Future Retail do?
Future Retail Limited engages in retailing fashion, household, food, and consumer products in India. The company operates hypermarkets under the Big Bazaar and Big Bazaar GEN NXT brands; supermarkets under the HyperCity and foodworld brands; neighborhood food and grocery stores under the Easyday Club and Heritage Fresh brand names; fashion stores under the fbb brand; lifestyle food superstore under the Foodhall brand; and travel convenience stores under the WH Smith brand. It also operates lifestyle consumer electronics stores under the name eZone brand name. As of March 31, 2021, the company operated 1,308 stores comprising 285 Big Bazaar/ Hypercity stores, 88 fbb stores, 8 Foodhall, and 927 small format stores. The company was formerly known as Bharti Retail Limited and changed its name to Future Retail Limited in May 2016. Future Retail Limited was incorporated in 2007 and is based in Mumbai, India.
Companies with forward p/e similar to Future Retail
- Sharda Cropchem has Forward P/E of 3.86
- Oakley Capital Investments has Forward P/E of 3.86
- Altri SGPS SA has Forward P/E of 3.86
- LT Foods has Forward P/E of 3.87
- A. K. Capital Services has Forward P/E of 3.88
- Bank of Cyprus Public has Forward P/E of 3.88
- Future Retail has Forward P/E of 3.89
- Perion Network has Forward P/E of 3.89
- Beekay Steel Industries has Forward P/E of 3.89
- Edvantage Ltd has Forward P/E of 3.89
- JK Paper has Forward P/E of 3.90
- Emmbi Industries has Forward P/E of 3.90
- Postal Savings Bank of China Co has Forward P/E of 3.90