AI-assisted source check by Codex, 2026-10-08. Human editorial review not recorded.
The idea
Trailing P/E divides a share price by earnings per share for the last twelve months. Forward P/E uses an earnings estimate for a specified period such as FY1, FY2 or the next twelve months. Reported GAAP earnings and adjusted estimates are different bases.
Illustrative example
For a fictional company, a USD 50 price and USD 2 trailing EPS give 25×. A hypothetical USD 3 forward estimate gives 16.67×. Neither number describes Intuit or any company in this portal.
Limits
Estimates can change. Negative or zero EPS produces N/M here; missing verified inputs produce —. Currency, share class, splits and period must match. A low multiple alone does not establish value or low risk.