what is considered a good forward p e 
there is no good forward p e ratio as it varies by industry however a lower forward p e ratio may indicate a stock is undervalued relative to its future earnings potential the bottom linethe forward p e ratio can be a valuable tool for investors providing insight into a company s future earnings potential relative to its current stock price but while it can help predict future performance it s important to also recognize its limitations including relying on analysts estimates which can be inaccurate investors should use forward p e alongside other metrics such as trailing p e peg ratio and book value to get a comprehensive view a balanced approach to stock analysis and valuation is your best bet and consulting an investment professional can provide additional guidance 