3P Learning Forward P/E

What is the Forward P/E of 3P Learning?

The Forward P/E of 3P Learning Limited is 105.26

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 ASX compared to 3P Learning

What does 3P Learning do?

3P Learning Limited, together with its subsidiaries, engages in the development, marketing, and sale of educational software and e-books to schools and parents of school-aged students. It provides online education, and adaptive and collaborative learning, including mathematics and literacy products. The company offers Mathseeds, Mathletics, Reading Eggs, and Spellodrome, as well as ReadiWriter, STEMscopes, Gooseberry Planet, and WordFlyers products. It serves approximately 6 million students in approximately 17,000 schools worldwide. The company was incorporated in 2003 and is based in North Sydney, Australia.

Companies with forward p/e similar to 3P Learning