Abbott India Forward P/E
What is the Forward P/E of Abbott India?
The Forward P/E of Abbott India Limited is 57.15
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 Health Care sector on BSE compared to Abbott India
What does Abbott India do?
Abbott India Limited operates as a pharmaceutical company in India. It offers pharmaceutical products for various therapeutic areas, such as women's health, gastroenterology, metabolics, central nervous system, pain management, nutritional supplements, vitamins, insomnia, vaccines, consumer health, etc. The company was formerly known as Knoll Pharmaceuticals Limited and changed its name to Abbott India Limited in July 2002. Abbott India Limited was founded in 1944 and is headquartered in Mumbai, India. Abbott India Limited operates as a subsidiary of Abbott Laboratories
Companies with forward p/e similar to Abbott India
- Zeta Global has Forward P/E of 56.82
- Forward Industries has Forward P/E of 57.03
- Pan American Silver has Forward P/E of 57.14
- ICICI Prudential Life Insurance has Forward P/E of 57.14
- SBI Life Insurance has Forward P/E of 57.14
- Liberty Global plc has Forward P/E of 57.14
- Abbott India has Forward P/E of 57.15
- Spectrum Brands has Forward P/E of 57.38
- Lasertec has Forward P/E of 57.47
- StarPower Semiconductor has Forward P/E of 57.47
- Healthstream Inc has Forward P/E of 57.64
- Larsen & Toubro Infotech has Forward P/E of 57.80
- AO World Plc has Forward P/E of 57.80