Forward price-to-earnings
Forward price-to-earnings (forward P/E) is a version of the ratio of price-to-earnings (P/E) that uses forecasted earnings for the P/E calculation. While the earnings used in this formula are just an estimate and are not as reliable as current or historical earnings data, there is still benefit in estimated P/E analysis—Read more at Investopedia. Hayes, Adam. “Forward Price-To-Earnings – Forward P/E.” 5 June 2019