Honda Motor Co Forward P/E
What is the Forward P/E of Honda Motor Co?
The Forward P/E of Honda Motor Co., Ltd. is 7.40
What is the definition of Forward P/E?
Forward price to earnings ratio is the ratio of a company’s stock price to the company’s estimated earnings per share for the next twelve months.
The forward price to earnings ratio is similar to trailing price to earnings ratio but instead of net income uses estimated net earnings over next 12 months. Estimates are typically derived as the mean of those published by a select group of analysts with selection criteria varying. The forward price-to-earnings ratio is a powerful, but limited tool. It allows a quick snapshot of the company’s finances without getting down in the details of an accounting report.
Forward P/E of companies in the Consumer Discretionary sector on OTC compared to Honda Motor Co
What does Honda Motor Co do?
Honda Motor Co., Ltd. develops, manufactures, and distributes motorcycles, automobiles, power products, and other products in Japan, North America, Europe, Asia, and internationally. It operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Life creation and Other Businesses. The Motorcycle Business segment produces motorcycles, including sports, business, and commuter models; and various off-road vehicles, such as all-terrain vehicles and side-by-sides. The Automobile Business segment offers passenger cars, light trucks, and mini vehicles. The Financial Services Business segment provides various financial services, including retail lending and leasing services to customers, as well as wholesale financing services to dealers. The Life creation and Other Businesses segment manufactures and sells power products, such as general purpose engines, generators, water pumps, lawn mowers, riding mowers, robotic mowers, brush cutters, tillers, snow blowers, outboard marine engines, walking assist devices, and portable battery inverter power sources. This segment also offers HondaJet aircraft. The company also sells spare parts; and provides after-sale services through retail dealers directly, as well as through independent distributors and licensees. Honda Motor Co., Ltd. was founded in 1946 and is headquartered in Tokyo, Japan.
Companies with forward p/e similar to Honda Motor Co
- Regal Real Estate Investment Trust has Forward P/E of 7.39
- Tribhovandas Bhimji Zaveri has Forward P/E of 7.39
- Future Consumer has Forward P/E of 7.39
- Wajax has Forward P/E of 7.40
- Melcor Real Estate Investment Trust has Forward P/E of 7.40
- Banner has Forward P/E of 7.40
- Honda Motor Co has Forward P/E of 7.40
- GL Events SA has Forward P/E of 7.41
- Franklin Resources has Forward P/E of 7.41
- Grupo Financiero Banorte SAB de CV has Forward P/E of 7.41
- QuidelOrtho has Forward P/E of 7.41
- CNB Corp (PA) has Forward P/E of 7.42
- Best of the Best PLC has Forward P/E of 7.42