Ventia Services Group (ASX:VNT) Forward PE Ratio : 15.38 (As of May. 21, 2024)

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What is Ventia Services Group Forward PE Ratio?

Ventia Services Group's Forward PE Ratio for today is 15.38.

Ventia Services Group's PE Ratio without NRI for today is 16.06.

Ventia Services Group's PE Ratio for today is 16.06.

Ventia Services Group Forward PE Ratio Historical Data

The historical data trend for Ventia Services Group'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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Ventia Services Group Forward PE Ratio Chart

Ventia Services Group Annual Data

Trend

2023-12

2024-05

Forward PE Ratio

14.47

15.48

Ventia Services Group Semi-Annual Data
	2023-06	2023-09	2023-12	2024-03
Forward PE Ratio	14.58	12.99	14.47	16.78

Competitive Comparison of Ventia Services Group's Forward PE Ratio

For the Infrastructure Operations subindustry, Ventia Services Group'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.

Ventia Services Group's Forward PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ventia Services Group's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Ventia Services Group's Forward PE Ratio falls into.

Ventia Services Group 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.

Ventia Services Group (ASX:VNT) 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 .

Ventia Services Group Forward PE Ratio Related Terms

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Ventia Services Group (ASX:VNT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ventia Services Group Ltd (ASX:VNT) » Definitions » Forward PE Ratio

Traded in Other Exchanges

VNT:New Zealand

Address

80 Pacific Highway, Level 8, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.ventia.com

While Ventia is not the largest player with an estimated 7.5% share of addressable markets, it is a leading infrastructure maintenance services provider in Australia and New Zealand. Its capabilities span the full asset lifecycle including operations and maintenance, facilities management, minor capital works, environmental services, and other solutions. And its business model is favorably capital-light via flexing of a large contractor base complementing a deep pool of talented employees. Ventia has long-term relationships with a diverse range of public and private sector clients with many client relationships maintained for decades. Contracts are favorably long with an average five-year duration at inception and most containing some form of embedded price escalation.