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Bel FuseBELFA +4.67%71 Forward PE Ratio is 24.39 as of Jul. 30, 2026. GuruFocus rates BELFA with a GF Score™ of 71/100 and a GF Value™ of $90.89 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,022 Hardware companies, Bel Fuse ranks worse than 65.95% on this metric.
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 .
Bel Fuse Forward PE Ratio Related Terms
Bel Fuse Forward PE Ratio Historical Data
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The historical data trend for Bel Fuse's Forward PE Ratio can be seen below:
* 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.
Bel Fuse Forward PE Ratio Chart
Bel Fuse Annual Data
Trend
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
18.42
20.12
27.78
7.69
10.40
20.30
22.32
Bel Fuse Quarterly Data
2019-09
2019-12
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
17.67
18.42
14.33
20.12
17.76
163.93
13.02
27.78
11.20
11.52
8.55
7.69
10.87
16.08
10.40
13.97
19.96
19.84
20.30
13.05
15.94
18.15
22.32
26.20
30.91
BELFA vs OLED, OSIS, KN: Forward PE Ratio Comparison
For the Electronic Components subindustry, Bel Fuse'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.
Bel Fuse Forward PE Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Bel Fuse's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Bel Fuse's Forward PE Ratio falls into.
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.
Bel Fuse (BELFA) has a Forward PE Ratio of 24.39 as of Jul. 30, 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 Bel Fuse and its competitors. According to the industry distribution chart, Bel Fuse ranks #674 out of 1022 companies in the Hardware industry, placing it in the top 65.9%.
Is Bel Fuse's Forward PE Ratio too high?
Bel Fuse's current Forward PE Ratio is 24.39. The Hardware industry median Forward PE Ratio is 19.81. Bel Fuse's value of 24.39 is 23.1% above this industry median. Based on the distribution chart, Bel Fuse ranks #674 out of 1022 companies in the Hardware industry, which is below the industry midpoint. Overall, Bel Fuse has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bel Fuse's Forward PE Ratio compare to OLED and OSIS?
According to the Hardware industry distribution chart, Bel Fuse ranks #674 out of 1022 companies for Forward PE Ratio. This places Bel Fuse in the lower half of its industry. The industry median Forward PE Ratio is 19.81. Bel Fuse's value of 24.39 is 23.1% 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 19.81, based on 1,022 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. Bel Fuse's current Forward PE Ratio of 24.39 is 23.1% 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 Bel Fuse and its competitors. For the Hardware industry, the median Forward PE Ratio is 19.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bel Fuse's current Forward PE Ratio is 24.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bel Fuse stock overvalued right now?
Based on GuruFocus' analysis, Bel Fuse (BELFA) is currently considered Significantly Overvalued. The stock's GF Value™ is $90.89, compared to a current price of $209.37 — trading 130.4% above its estimated fair value. The current Forward PE Ratio is 24.39 and 23.1% above the Hardware industry median of 19.81. Bel Fuse's overall GF Score™ is 71/100 with 3 warning signs 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 Bel Fuse (BELFA), the current Forward PE Ratio is 24.39 as of Jul. 30, 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 Bel Fuse (BELFA) Overvalued in 2026?
Based on GuruFocus' analysis, Bel Fuse stock appears to be overvalued.
The current stock price of $209.37 is trading 130.4% above its estimated GF Value™ of $90.89.
GuruFocus considers Bel Fuse to be Significantly Overvalued.
Key valuation signals for BELFA:
Forward PE Ratio: 24.39
GF Value™: $90.89 vs. price of $209.37 (130.4% above fair value)
Industry Position: 23.1% above the Hardware median (#674 of 1022)
No single metric tells the full story. See the BELFA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bel Fuse Inc designs and manufactures electronic components that protect and connect electronic circuits. Its product portfolio is divided into three categories: magnetic solutions, power solutions & protection, and connectivity solutions. These products are used for the computer, networking, telecommunications, transportation and defense/aerospace, automotive, medical, and consumer electronics industries. Its geographical segments are the United States, Macao, United Kingdom, Slovakia, Germany, Switzerland, and All other foreign countries. Majority of the revenue is derived from United States.
71GF Score
Get the complete analysis for BELFA
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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