Asahi Group Holdings (Asahi Group Holdings) Forward PE Ratio : 13.87 (As of Apr. 27, 2024)

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What is Asahi Group Holdings Forward PE Ratio?

Asahi Group Holdings's Forward PE Ratio for today is 13.87.

Asahi Group Holdings's PE Ratio without NRI for today is 16.88.

Asahi Group Holdings's PE Ratio for today is 16.88.

Asahi Group Holdings Forward PE Ratio Historical Data

The historical data trend for Asahi Group Holdings'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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Asahi Group Holdings Forward PE Ratio Chart

Asahi Group Holdings Annual Data

Trend

2017-12

2018-12

2019-12

2020-12

2021-12

2022-12

2023-12

2024-04

Forward PE Ratio

21.32

12.82

14.31

15.38

13.23

12.05

12.82

14.10

Asahi Group Holdings Quarterly Data
	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	18.83	20.24	16.10	21.32	15.85	16.37	13.91	12.82	14.51	15.24	14.58	14.31	9.62	14.33	12.63	15.38	14.77	17.48	14.97	13.23	12.94	16.23	12.76	12.05	14.47	17.45	14.49	12.82	13.14

Competitive Comparison of Asahi Group Holdings's Forward PE Ratio

For the Beverages - Brewers subindustry, Asahi Group Holdings'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.

Asahi Group Holdings's Forward PE Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Asahi Group Holdings's Forward PE Ratio distribution charts can be found below:

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

Asahi Group Holdings 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.

Asahi Group Holdings (OTCPK:ASBRF) 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 .

Asahi Group Holdings Forward PE Ratio Related Terms

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Asahi Group Holdings (Asahi Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Asahi Group Holdings Ltd (OTCPK:ASBRF) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

2502:Japan ABW:Germany

Address

1-23-1, Azumabashi, Sumida-ku, Tokyo, JPN, 130-8602

Website

http://www.asahigroup-holdings.com

Asahi is a leading brewer in Japan with an estimated 36.5% market share by volume in Japan's beer and beer-like market, led by its Asahi Super Dry beer brand. It also operates a wide range of acholic and soft beverage products as well as packaged foods, mainly in Japan. It has made inroads into Europe through acquisitions of SABMiller's brands including Peroni and Pilsner Urquell in Western and Central Europe in 2016 and 2017. The acquisition of Carlton United Breweries has granted Asahi the leading market share in Australia's beer market with Great Northern the leading brand. East Asia including China and Southeast Asia are the other overseas markets where Asahi is growing. Overseas business represents nearly half of the group sales and 60% of business profits.