trailing P/E 34.97,forward P/E28.99
The forward P/E is the share price divided by earnings per share over the past 12 months and the forward P/E is the share price divided by earnings estimates over the next 12 months.
Is it right to say that forward P/E is higher than training P/E in terms of positive investment as the company's net profit is expected to increase over the next 12 months?