|
|
|
|
|
|
by fshbbdssbbgdd
1616 days ago
|
|
|
The “forward multiple” is the ratio dividing the stock’s current price by its predicted earnings over the next 12 months. You can think of it as a measure of credibility and optimism - do investors believe company predictions to make more money in the next year? And will they grow even more in the future? Tech company stocks dropped some while their predicted earnings kept increasing. Both the numerator and denominator contributed to the decrease in that particular metric. |
|
|