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Mayfield Group Holdings (ASX:MYG) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Mayfield Group Holdings Forward PE Ratio Related Terms
Mayfield Group Holdings Forward PE Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Mayfield Group Holdings Forward PE Ratio Chart
Mayfield Group Holdings Annual Data
Trend
Forward PE Ratio
Mayfield Group Holdings Semi-Annual Data
2025-12
Forward PE Ratio
32.28
ASX:MYG vs CSCO, CIEN, MSI: Forward PE Ratio Comparison
For the Communication Equipment subindustry, Mayfield Group Holdings's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Mayfield Group Holdings Forward PE Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Mayfield Group Holdings's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Mayfield Group Holdings's Forward PE Ratio falls into.
Mayfield Group Holdings Forward PE Ratio Calculation
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Mayfield Group Holdings (ASX:MYG) has a Forward PE Ratio of 23.48 as of Jul. 14, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Mayfield Group Holdings and its competitors. According to the industry distribution chart, Mayfield Group Holdings ranks #479 out of 1018 companies in the Hardware industry, placing it in the top 47.1%.
Is Mayfield Group Holdings' Forward PE Ratio too high?
Mayfield Group Holdings' current Forward PE Ratio is 23.48. The Hardware industry median Forward PE Ratio is 22.79. Mayfield Group Holdings' value of 23.48 is 3% above this industry median. Based on the distribution chart, Mayfield Group Holdings ranks #479 out of 1018 companies in the Hardware industry, which is above the industry midpoint. Overall, Mayfield Group Holdings has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mayfield Group Holdings' Forward PE Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Mayfield Group Holdings ranks #479 out of 1018 companies for Forward PE Ratio. This puts Mayfield Group Holdings in the upper half of its industry. The industry median Forward PE Ratio is 22.79. Mayfield Group Holdings' value of 23.48 is 3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Hardware company?
The median Forward PE Ratio among Hardware companies is 22.79, based on 1,018 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mayfield Group Holdings's current Forward PE Ratio of 23.48 is 3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Mayfield Group Holdings and its competitors. For the Hardware industry, the median Forward PE Ratio is 22.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mayfield Group Holdings's current Forward PE Ratio is 23.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mayfield Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Mayfield Group Holdings (ASX:MYG) is currently considered Significantly Overvalued. The stock's GF Value™ is A$1.42, compared to a current price of A$2.63 — trading 85.2% above its estimated fair value. The current Forward PE Ratio is 23.48 and 3% above the Hardware industry median of 22.79. Mayfield Group Holdings' overall GF Score™ is 74/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Mayfield Group Holdings (ASX:MYG), the current Forward PE Ratio is 23.48 as of Jul. 14, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Mayfield Group Holdings (ASX:MYG) Overvalued in 2026?
Based on GuruFocus' analysis, Mayfield Group Holdings stock appears to be overvalued.
The current stock price of A$2.63 is trading 85.2% above its estimated GF Value™ of A$1.42.
GuruFocus considers Mayfield Group Holdings to be Significantly Overvalued.
Key valuation signals for ASX:MYG:
Forward PE Ratio: 23.48
GF Value™: A$1.42 vs. price of A$2.63 (85.2% above fair value)
Industry Position: 3% above the Hardware median (#479 of 1018)
No single metric tells the full story. See the ASX:MYG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mayfield Group Holdings Ltd participates in the electrical and telecommunications infrastructure industry, providing products and services for every stage of the lifecycle. Its principal activities include manufacturing of switchboards, transportable switchrooms and electrical protection panels; provision of telecommunications and power quality solutions and services; and supply of power quality solutions and maintenance of electrical and telecommunication infrastructure. The majority of the group's revenue is derived from the sale of manufactured products. It operates mainly in one operating segment, namely electrical and telecommunications infrastructure, and one geographical segment, namely Australia.
74GF Score
Get the complete analysis for ASX:MYG
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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