as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
is forward p/e calculated using current price(if yes, how useful is it)?
user
generally forward p/e is computed as current price / forward earnings.  the rationale behind this is that buying the stock costs you the current price, and it gives you a claim on the future earnings.
assistant