Genesis Energy (NZSE:GNE) Forward PE Ratio : 18.12 (As of May. 11, 2024)

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What is Genesis Energy Forward PE Ratio?

Genesis Energy's Forward PE Ratio for today is 18.12.

Genesis Energy's PE Ratio without NRI for today is 26.96.

Genesis Energy's PE Ratio for today is 27.29.

Genesis Energy Forward PE Ratio Historical Data

The historical data trend for Genesis Energy'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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Genesis Energy Forward PE Ratio Chart

Genesis Energy Annual Data

Trend

2015-12

2016-12

2017-12

2018-12

2019-12

2020-12

2021-12

2022-12

2023-12

2024-05

Forward PE Ratio

19.57

21.37

32.36

43.29

42.02

59.88

24.57

17.42

33.44

18.12

Genesis Energy 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
Forward PE Ratio	19.57	19.96	18.55	19.31	21.37	17.70	24.88	35.09	32.36	30.40	31.25	43.10	43.29	40.16	42.37	43.10	42.02	25.13	43.86	47.62	59.88	31.65	30.77	28.49	24.57	24.10	21.60	23.20	17.42	25.38	23.53	32.47	33.44	19.69

Competitive Comparison of Genesis Energy's Forward PE Ratio

For the Utilities - Independent Power Producers subindustry, Genesis Energy'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.

Genesis Energy's Forward PE Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Genesis Energy's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Genesis Energy's Forward PE Ratio falls into.

Genesis Energy 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.

Genesis Energy (NZSE:GNE) 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 .

Genesis Energy Forward PE Ratio Related Terms

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Genesis Energy (NZSE:GNE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Genesis Energy Ltd (NZSE:GNE) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

1G6:Germany GNE:Australia

Address

155 Fanshawe Street, Genesis Energy Level 6, Wynyard Quarter, Auckland, NZL, 1010

Website

https://www.genesisenergy.co.nz

Genesis Energy is one of New Zealand's leading producers of electricity, accounting for more than 15% of the country's total generation. The firm enjoys a strong retail presence, with the highest retail market share, at over 25%. The company has a mix of renewable and thermal assets, with the latter accounting for about 55%-60% of the firm's overall production. The company has a 46% interest in the Kupe oil and gas field.