The price to earnings ratio is a measurement often used to determine stock valuation. In short, P/E is used to measure what the market is willing to pay for a company based on its earnings. The forward P/E for metals & electronics companies operating in the machinery market was approximately 163.6. This meant that, according to projections, an investor will be willing to pay 163.6 dollars (or other currency used) for every one dollar made through the companies earnings.
Another formula that is used by investors to measure the value of an industry or potential target company for acquisition is the enterprise value to earnings before interest, taxes, depreciation and amortization (EV/EBITDA).
Trailing and forward price to earnings ratio (PE ratio) in the metals & electronics sector in Western Europe 2024, by industry
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Leonard N. Stern School of Business. (January 5, 2024). Trailing and forward price to earnings ratio (PE ratio) in the metals & electronics sector in Western Europe 2024, by industry [Graph]. In Statista. Retrieved December 18, 2024, from https://www.statista.com/statistics/1028357/price-earnings-in-the-metals-and-electronics-sector-in-europe/
Leonard N. Stern School of Business. "Trailing and forward price to earnings ratio (PE ratio) in the metals & electronics sector in Western Europe 2024, by industry." Chart. January 5, 2024. Statista. Accessed December 18, 2024. https://www.statista.com/statistics/1028357/price-earnings-in-the-metals-and-electronics-sector-in-europe/
Leonard N. Stern School of Business. (2024). Trailing and forward price to earnings ratio (PE ratio) in the metals & electronics sector in Western Europe 2024, by industry. Statista. Statista Inc.. Accessed: December 18, 2024. https://www.statista.com/statistics/1028357/price-earnings-in-the-metals-and-electronics-sector-in-europe/
Leonard N. Stern School of Business. "Trailing and Forward Price to Earnings Ratio (Pe Ratio) in The Metals & Electronics Sector in Western Europe 2024, by Industry." Statista, Statista Inc., 5 Jan 2024, https://www.statista.com/statistics/1028357/price-earnings-in-the-metals-and-electronics-sector-in-europe/
Leonard N. Stern School of Business, Trailing and forward price to earnings ratio (PE ratio) in the metals & electronics sector in Western Europe 2024, by industry Statista, https://www.statista.com/statistics/1028357/price-earnings-in-the-metals-and-electronics-sector-in-europe/ (last visited December 18, 2024)
Trailing and forward price to earnings ratio (PE ratio) in the metals & electronics sector in Western Europe 2024, by industry [Graph], Leonard N. Stern School of Business, January 5, 2024. [Online]. Available: https://www.statista.com/statistics/1028357/price-earnings-in-the-metals-and-electronics-sector-in-europe/
