XIB I Capital Forward P/E
What is the Forward P/E of XIB I Capital?
The Forward P/E of XIB I Capital Corp. 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 XIB I Capital do?
XIB I Capital Corp. intends to identify and evaluate businesses or assets with a view to completing a qualifying transaction. The company was incorporated in 2018 and is headquartered in Vancouver, Canada.