Reece Ltd
ASX:REH

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Reece Ltd
ASX:REH
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Price: 15.8 AUD 0.7% Market Closed
Market Cap: 10.2B AUD

P/E
Price to Earnings

27.1
Current
32.3
Median
14.1
Industry
Lower than median
Higher than industry value

Price to Earnings (P/E) ratio is a valuation multiple that compares a company’s market capitalization to its net income. It indicates the dollar amount an investor can expect to invest in a company in order to receive $1 of that company’s earnings.

P/E
27.1
=
Market Cap
10.2B AUD
/
Net Income
376.4m AUD

P/E Forward Multiples

Forward P/E multiple is a version of the P/E ratio that uses forecasted net income for the P/E calculation. 1-Year, 2-Years, and 3-Years forwards use net income forecasts for 1, 2, and 3 years ahead, respectively.

1-Year Forward
P/E
26.1
2-Years Forward
P/E
23
3-Years Forward
P/E
20.6