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Ashmore Group (LSE:ASHM) Forward PE Ratio : 21.66 (As of Oct. 31, 2024)


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What is Ashmore Group Forward PE Ratio?

Ashmore Group's Forward PE Ratio for today is 21.66.

Ashmore Group's PE Ratio without NRI for today is 20.92.

Ashmore Group's PE Ratio (TTM) for today is 16.15.


Ashmore Group Forward PE Ratio Historical Data

The historical data trend for Ashmore 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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Ashmore Group Forward PE Ratio Chart

Ashmore Group Annual Data
Trend 2015-12 2016-12 2017-12 2018-12 2019-12 2020-12 2021-12 2022-12 2023-12 2024-10
Forward PE Ratio
17.01 15.53 21.23 15.38 18.12 17.89 12.58 15.65 19.72 21.38

Ashmore Group Semi-Annual Data
2015-12 2016-03 2016-06 2016-09 2016-12 2017-03 2017-06 2017-09 2017-12 2018-03 2018-06 2018-09 2018-12 2019-03 2019-06 2019-09 2019-12 2020-03 2020-06 2020-09 2020-12 2021-03 2021-06 2021-09 2021-12 2022-03 2022-06 2022-09 2022-12 2023-03 2023-06 2023-09 2023-12 2024-03 2024-06 2024-09
Forward PE Ratio 17.01 19.27 17.99 20.20 15.53 18.32 18.69 18.52 21.23 17.04 15.55 15.50 15.38 17.36 19.65 17.33 18.12 11.55 17.57 13.64 17.89 15.11 14.12 14.20 12.58 11.25 10.79 12.17 15.65 17.86 14.20 16.34 19.72 15.41 13.39 14.12

Competitive Comparison of Ashmore Group's Forward PE Ratio

For the Asset Management subindustry, Ashmore 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.


Ashmore Group's Forward PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ashmore Group's Forward PE Ratio distribution charts can be found below:

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



Ashmore 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.


Ashmore Group  (LSE:ASHM) 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 .


Ashmore Group Forward PE Ratio Related Terms

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Ashmore Group Business Description

Traded in Other Exchanges
Address
61 Aldwych, London, GBR, WC2B 4AE
Ashmore Group PLC is a value-oriented asset management firm that focuses its investments on emerging markets. It offers a diverse range of both traditional and alternative investment strategies to a global client base, including both institutional and retail investors. The company invests in sovereign debt instruments, currencies, corporate debt, equities, derivatives, private equity, real estate, distressed debt, and other special situations. The firm reports on changes in assets under management as the majority of its revenue is derived from management fees. The company also benefits from performance fees on its investments.

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