Pacific Ventures Forward P/E
What is the Forward P/E of Pacific Ventures?
The Forward P/E of Pacific Ventures Group, Inc. is N/A
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.
What does Pacific Ventures do?
Pacific Ventures Group, Inc., through its subsidiaries, produces, sells, and distributes alcohol-infused ice creams and ice-pops. It sells its alcohol-infused ice-pops and ice creams under the SnöBar brand name. The company is also involved in the sale and lease of freezers, as well as the provision of marketing services; and wholesale and retail of fresh and specialty produce, and food products to restaurants, hotels, clubs and bars, resorts, food trucks, and caterers. Pacific Ventures Group, Inc. is headquartered in Los Angeles, California.