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Fly Leasing (Fly Leasing) Forward PE Ratio : 0.00 (As of May. 05, 2024)


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What is Fly Leasing Forward PE Ratio?

Fly Leasing's Forward PE Ratio for today is 0.00.

Fly Leasing's PE Ratio without NRI for today is 0.00.

Fly Leasing's PE Ratio for today is 0.00.


Fly Leasing Forward PE Ratio Historical Data

The historical data trend for Fly Leasing'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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Fly Leasing Forward PE Ratio Chart

Fly Leasing Annual Data
Trend 2016-12 2017-12 2018-12 2019-12 2020-01
Forward PE Ratio
6.49 5.56 3.49 6.04 5.73

Fly Leasing Quarterly Data
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
Forward PE Ratio 6.27 6.31 5.65 6.49 6.63 7.87 6.40 5.56 5.57 6.42 5.88 3.49 3.79 3.86 6.19 6.04

Competitive Comparison of Fly Leasing's Forward PE Ratio

For the Aerospace & Defense subindustry, Fly Leasing'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.


Fly Leasing's Forward PE Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Fly Leasing's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Fly Leasing's Forward PE Ratio falls into.



Fly Leasing 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.


Fly Leasing  (NYSE:FLY) 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 .


Fly Leasing Forward PE Ratio Related Terms

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Fly Leasing (Fly Leasing) Business Description

Traded in Other Exchanges
N/A
Address
West Pier Business Campus, Dun Laoghaire, County Dublin, IRL, A96 N6T7
Fly Leasing Ltd is principally involved in the commercial aircraft business. In addition, to arranging for the leasing of the fleet the group is also involved acquiring and disposing of aircraft, marketeering aircraft for lease and release, collecting rents and other payments from the lessees of aircraft, monitoring maintenance, insurance and other obligations under leases, and enforcing Fly Leasing's rights against lessees.

Fly Leasing (Fly Leasing) Headlines