Richards Packaging Income Fund Forward P/E
What is the Forward P/E of Richards Packaging Income Fund?
The Forward P/E of Richards Packaging Income Fund is 12.21
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 Materials sector on TSX compared to Richards Packaging Income Fund
What does Richards Packaging Income Fund do?
Richards Packaging Income Fund, together with its subsidiaries, manufactures and distributes packaging and related products in Canada and the United States. It offers plastic, glass, and metal containers and closures. The company also offers design and development, and logistics management services. It serves food and beverage, healthcare, cosmetics, industrial, and pharmaceutical sectors. Richards Packaging Income Fund was founded in 1912 and is based in Mississauga, Canada.
Companies with forward p/e similar to Richards Packaging Income Fund
- TI has Forward P/E of 12.18
- JPMorgan Chase & Co has Forward P/E of 12.19
- Sirius Real Estate has Forward P/E of 12.20
- Ramsdens PLC has Forward P/E of 12.20
- Alcoa O.N has Forward P/E of 12.20
- Genpact Ltd has Forward P/E of 12.21
- Richards Packaging Income Fund has Forward P/E of 12.21
- Conifex Timber has Forward P/E of 12.22
- KDDI has Forward P/E of 12.22
- Man plc has Forward P/E of 12.22
- Empire Co has Forward P/E of 12.22
- Gladstone Investment has Forward P/E of 12.23
- Dorel Industries has Forward P/E of 12.24