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FSN E-Commerce Ventures (BOM:543384) 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 .
FSN E-Commerce Ventures Forward PE Ratio Related Terms
FSN E-Commerce Ventures 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.
FSN E-Commerce Ventures Forward PE Ratio Chart
FSN E-Commerce Ventures Annual Data
Trend
2023-03
2025-03
2026-03
Forward PE Ratio
243.90
175.54
152.97
FSN E-Commerce Ventures Quarterly Data
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
434.78
192.31
243.90
294.12
303.03
153.85
143.78
175.54
258.44
290.92
174.76
152.97
185.61
BOM:543384 vs AMZN, BABA, PDD: Forward PE Ratio Comparison
For the Internet Retail subindustry, FSN E-Commerce Ventures'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.
FSN E-Commerce Ventures Forward PE Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, FSN E-Commerce Ventures's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where FSN E-Commerce Ventures's Forward PE Ratio falls into.
FSN E-Commerce Ventures 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.
FSN E-Commerce Ventures (BOM:543384) has a Forward PE Ratio of 192.56 as of Sep. 21, 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 FSN E-Commerce Ventures and its competitors. According to the industry distribution chart, FSN E-Commerce Ventures ranks #503 out of 511 companies in the Retail - Cyclical industry, placing it in the top 98.4%.
Is FSN E-Commerce Ventures' Forward PE Ratio too high?
FSN E-Commerce Ventures' current Forward PE Ratio is 192.56. The Retail - Cyclical industry median Forward PE Ratio is 13.66. FSN E-Commerce Ventures' value of 192.56 is 1309.7% above this industry median. Based on the distribution chart, FSN E-Commerce Ventures ranks #503 out of 511 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, FSN E-Commerce Ventures has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does FSN E-Commerce Ventures' Forward PE Ratio compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, FSN E-Commerce Ventures ranks #503 out of 511 companies for Forward PE Ratio. This places FSN E-Commerce Ventures in the lower half of its industry. The industry median Forward PE Ratio is 13.66. FSN E-Commerce Ventures' value of 192.56 is 1309.7% 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 Retail - Cyclical company?
The median Forward PE Ratio among Retail - Cyclical companies is 13.66, based on 511 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. FSN E-Commerce Ventures's current Forward PE Ratio of 192.56 is 1309.7% 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 FSN E-Commerce Ventures and its competitors. For the Retail - Cyclical industry, the median Forward PE Ratio is 13.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FSN E-Commerce Ventures's current Forward PE Ratio is 192.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FSN E-Commerce Ventures stock overvalued right now?
Based on GuruFocus' analysis, FSN E-Commerce Ventures (BOM:543384) is currently considered Fairly Valued. The stock's GF Value™ is ₹310.61, compared to a current price of ₹334.75 — trading 7.8% above its estimated fair value. The current Forward PE Ratio is 192.56 and 1309.7% above the Retail - Cyclical industry median of 13.66. FSN E-Commerce Ventures' overall GF Score™ is 86/100 with 4 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 FSN E-Commerce Ventures (BOM:543384), the current Forward PE Ratio is 192.56 as of Sep. 21, 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 FSN E-Commerce Ventures (BOM:543384) Overvalued in 2026?
Based on GuruFocus' analysis, FSN E-Commerce Ventures stock appears to be overvalued.
The current stock price of ₹334.75 is trading 7.8% above its estimated GF Value™ of ₹310.61.
GuruFocus considers FSN E-Commerce Ventures to be Fairly Valued.
Key valuation signals for BOM:543384:
Forward PE Ratio: 192.56
GF Value™: ₹310.61 vs. price of ₹334.75 (7.8% above fair value)
Industry Position: 1309.7% above the Retail - Cyclical median (#503 of 511)
No single metric tells the full story. See the BOM:543384 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FSN E-Commerce Ventures Ltd is engaged in the business of manufacturing, selling and distributing beauty, wellness, fitness, personal care, health care, skin care, hair care products, fashion garments, fashion accessories and equipments on the online portals or websites such as e-commerce, m-commerce, internet, intranet as well as through physical stores, stalls, general trade and modern trade etc. In addition, it also provides marketing support services. The group operates in the following segments: Beauty, Fashion, and Others. The majority of its revenue is generated from the Beauty segment, which comprises online beauty platform, beauty-owned brands, physical retail stores, eB2B distribution business, and Nykaa Man BPC business. Geographically, the group derives key revenue from India.
86GF Score
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Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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