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请问,trades at a forward Price/Earning ratio 是什么意思?

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请问,trades at a forward Price/Earning ratio 是什么意思?
来自:The region trades at an attractive forward Price/Earning ratio of 13.5times and technical indicators show that markets have been oversold.
另有:‘The STOXX Europe 600 trades on a 12-month forward price/earning ratio of about 14 times, against its 10-year average of 11.9 times, Thomson Reuters Datastream shows.
这两句什么意思呢?主要是这金融含义不懂.求通俗点的答案.先谢谢了
请问,trades at a forward Price/Earning ratio 是什么意思?
Price/Earning就是市盈率,即市价对每股盈利之比
forward Price/Earning 就是预测市盈率,即按照预测的下一年度的每股盈利计算市盈率
trades at an forward Price/Earning ratio of 13.5times,就是按照13.5倍的预测市盈率交易,如果预测每股收益是1元钱,那么交易价格是每股13.5元.