Tyro Payments Forward P/E
What is the Forward P/E of Tyro Payments?
The Forward P/E of Tyro Payments Limited is 10,000.00
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 Technology sector on ASX compared to Tyro Payments
What does Tyro Payments do?
Tyro Payments Limited provides payment solutions to merchants in Australia. The company operates through Payments and Banking segments. It offers electronic funds transfer at point of sale (EFTPOS) solutions, business loans, and banking products. The company acquires credit, debit, and EFTPOS cards; and offers Medicare and private health fund claiming and rebating services. It also accepts ecommerce payment solution for online businesses; and provides complementary banking solutions, including a loan in the form of a merchant cash advance and a term-deposit account. In addition, the company offers Tyro Go, a mobile payments dongle; Medipass, a digital health payment platform, that links healthcare funders, healthcare providers, and patients to streamline claims approval and payment acceptance; and Tyro Connect, a platform to promote data driven insights from customers activities for hospitality business, as well as security and fraud protection services. It primarily serves health, hospitality, services, accommodation, corporate, and retail industries. Tyro Payments Limited was incorporated in 2003 and is based in Sydney, Australia.
Companies with forward p/e similar to Tyro Payments
- Lands` End has Forward P/E of 3,052.00
- Pebblebrook Hotel Trust has Forward P/E of 3,192.50
- ON24 has Forward P/E of 3,333.33
- Afterpay Touch has Forward P/E of 3,333.33
- Audinate has Forward P/E of 3,333.33
- Beyond Meat has Forward P/E of 5,000.00
- Tyro Payments has Forward P/E of 10,000.00