trailing earnings

Trailing earnings

Past earnings. Often used in the context of the price earnings ratio. This ratio is usually distinguished as price to trailing earnings (today's price divided by the most recent 12 months of earnings) versus price to prospective earnings (today's price divided by consensus forecast earnings for the next 12 months).

Trailing Earnings

A company's earnings over a previous period of time. Commonly, one examines a company's earnings over the most recently completed fiscal year; these may be considered trailing earnings. However, the term "trailing" often implies a value calculated on a rolling basis. That is, trailing earnings may describe the most recent 12 month period. These earnings will change each month as the nearest month is added to the calculation and the most distant month is dropped. See also: Trailing 12 Month.

trailing earnings

The earnings per share for a firm's most recently completed fiscal year.
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With the Nasdaq at historic highs and the S&P 500 index at 23 times trailing earnings amid a global trade war, a dollar free fall and a spike in US Treasury bond yields, I can easily evoke memories of the tech bubble peak in 1999-2000 or, ghastlier still, Black Monday October 1987.
The S&P 500 is trading at 22 times trailing earnings, near the highest since 2004, according to FactSet.
75), the stock was trading at approximately 115 times trailing earnings and approximately 13.
The market does however look quite cheap on a historical basis, trading at 15 times trailing earnings.
The ratio of market capitalization to the 12 months trailing earnings was used as a proxy for the effect of reporting earnings on stock prices.
The growth of US forward and trailing earnings has outpaced relative performance so far.
3x trailing earnings as of Dec-2015, as the ratio declined steadily over the last 5-6 years, driven by negative investor sentiment.
Edita's offering price trailing earnings multiple was not cheap at almost 24 times and among one of the higher priced issues this year as well as compared to the trailing price-to-earnings multiple of the EGX30 Index of only 13x at the time of listing.
In December 1999, the equity market's price-to-earnings (P/E) ratio using trailing earnings was 28.
For one thing, analysts say that valuations are already high by historic standard, Tadawul is currently trading on more than 20 times the 12-month trailing earnings.
8 times earnings, a huge discount to Shanghai's 21 times trailing earnings so valuation arbitrage between A and H shares was a compelling investment for Chinese fund managers.
78 times 12 months trailing earnings (as on July 31).