FWRD has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
FWRD has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
As of today (2024-04-26), Forward Air's current share price is $22.54. Forward Air's E10 for the quarter that ended in Dec. 2023 was $3.63. Forward Air's Shiller PE Ratio for today is 6.21.
The historical rank and industry rank for Forward Air's Shiller PE Ratio or its related term are showing as below:
During the past years, Forward Air's highest Shiller PE Ratio was 49.83. The lowest was 5.98. And the median was 31.65.
E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.
Forward Air's adjusted earnings per share data for the three months ended in Dec. 2023 was $3.930. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.63 for the trailing ten years ended in Dec. 2023.
The historical data trend for Forward Air's Shiller 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.
Forward Air Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Shiller PE Ratio | Get a 7-Day Free Trial | 32.65 | 36.18 | 49.08 | 33.66 | 17.31 |
Forward Air Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Shiller PE Ratio | Get a 7-Day Free Trial | 33.66 | 33.06 | 32.04 | 20.73 | 17.31 |
For the Integrated Freight & Logistics subindustry, Forward Air's Shiller PE Ratio, along with its competitors' market caps and Shiller 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.
For the Transportation industry and Industrials sector, Forward Air's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Forward Air's Shiller PE Ratio falls into.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.
Forward Air's Shiller PE Ratio for today is calculated as
Shiller PE Ratio | = | Share Price | / | E10 |
= | 22.54 | / | 3.63 | |
= | 6.21 |
* 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.
Forward Air's E10 for the quarter that ended in Dec. 2023 is calculated as:
For example, Forward Air's adjusted earnings per share data for the three months ended in Dec. 2023 was:
Adj_EPS | = | Earnings per Share (Diluted) | / | CPI of Dec. 2023 (Change) | * | Current CPI (Dec. 2023) |
= | 3.93 | / | 129.4194 | * | 129.4194 | |
= | 3.930 |
Current CPI (Dec. 2023) = 129.4194.
Forward Air Quarterly Data
Earnings per Share (Diluted) | CPI | Adj_EPS | |
201403 | 0.330 | 99.695 | 0.428 |
201406 | 0.550 | 100.560 | 0.708 |
201409 | 0.540 | 100.428 | 0.696 |
201412 | 0.550 | 99.070 | 0.718 |
201503 | 0.160 | 99.621 | 0.208 |
201506 | 0.380 | 100.684 | 0.488 |
201509 | 0.500 | 100.392 | 0.645 |
201512 | 0.750 | 99.792 | 0.973 |
201603 | 0.430 | 100.470 | 0.554 |
201606 | -0.330 | 101.688 | -0.420 |
201609 | 0.390 | 101.861 | 0.496 |
201612 | 0.420 | 101.863 | 0.534 |
201703 | 0.480 | 102.862 | 0.604 |
201706 | 0.650 | 103.349 | 0.814 |
201709 | 0.610 | 104.136 | 0.758 |
201712 | 1.180 | 104.011 | 1.468 |
201803 | 0.600 | 105.290 | 0.738 |
201806 | 0.820 | 106.317 | 0.998 |
201809 | 0.760 | 106.507 | 0.923 |
201812 | 0.950 | 105.998 | 1.160 |
201903 | 0.640 | 107.251 | 0.772 |
201906 | 0.780 | 108.070 | 0.934 |
201909 | 0.780 | 108.329 | 0.932 |
201912 | 0.850 | 108.420 | 1.015 |
202003 | 0.300 | 108.902 | 0.357 |
202006 | 0.110 | 108.767 | 0.131 |
202009 | 0.600 | 109.815 | 0.707 |
202012 | -0.170 | 109.897 | -0.200 |
202103 | 0.400 | 111.754 | 0.463 |
202106 | 1.110 | 114.631 | 1.253 |
202109 | 0.860 | 115.734 | 0.962 |
202112 | 1.480 | 117.630 | 1.628 |
202203 | 1.570 | 121.301 | 1.675 |
202206 | 2.040 | 125.017 | 2.112 |
202209 | 1.930 | 125.227 | 1.995 |
202212 | 1.600 | 125.222 | 1.654 |
202303 | 1.370 | 127.348 | 1.392 |
202306 | 0.760 | 128.729 | 0.764 |
202309 | 0.360 | 129.860 | 0.359 |
202312 | 3.930 | 129.419 | 3.930 |
Add all the adjusted EPS together and divide 10 will get our E10.
Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.
Forward Air (NAS:FWRD) Shiller PE Ratio Explanation
Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.
Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.
Be Aware
Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.
Thank you for viewing the detailed overview of Forward Air's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Chris C Ruble | officer: Sr. Vice President, Operations | PO BOX 1058, GREENVILLIE TN 37744 |
Kyle R Mitchin | officer: Senior VP, Human Resources | 1915 SNAPPS FERRY ROAD, BUILDING N, GREENEVILLE TN 37745 |
Nancee L Ronning | officer: Chief Commercial Officer | 1915 SNAPPS FERRY ROAD, BUILDING N, GREENEVILLE TN 37745 |
Javier Polit | director | 1915 SNAPPS FERRY ROAD, BUILDING N, GREENEVILLE TN 37745 |
Mayes George S Jr | director | 5995 MAYFAIR ROAD, NORTH CANTON OH 44720 |
Craig Carlock | director | C/O THE FRESH MARKET, INC., 628 GREEN VALLEY ROAD, SUITE 500, GREENSBORO NC 27408 |
George M Lynch | director | 2566 KENT RIDGE COURT, BLOOMFIELD HILLS MI 48025 |
C Robert Campbell | director | 800 DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134 |
Michael L Hance | officer: Senior VP, CLO and Secretary | 430 AIRPORT ROAD, GREENEVILLE TN 37745 |
Chitra Nayak | director | 1400 16TH STREET, SAN FRANCISCO CA 94103 |
Thomas Schmitt | officer: President & CEO | 1915 SNAPPS FERRY ROAD, BUILDING N, GREENEVILLE TN 37745 |
Ronald W Allen | director | P O BOX 1734, ATLANTA GA 30301 |
Laurie Anne Tucker | director | 65 MARYS CREEK COVE NORTH, EADS TN 38028 |
Scott M Niswonger | director, 10 percent owner, officer: CEO & Chairman | 165 MADISON AVENUE, MEMPHIS TN 38103 |
Rebecca J Garbrick | officer: CAO, VP and Controller | 1915 SNAPPS FERRY ROAD, BUILDING N, GREENEVILLE TN 37745 |
From GuruFocus
By Business Wire • 12-06-2023
By Business Wire • 01-22-2024
By Business Wire • 10-26-2023
By Business Wire • 12-11-2023
By Business Wire • 08-28-2023
By PRNewswire • 11-17-2023
By Business Wire • 11-14-2023
By Business Wire • 08-13-2023
By John Dorfman • 09-11-2023
By PRNewswire • 01-22-2024
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.