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Mizuho Financial Group (BUE:MFG) 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 .
Mizuho Financial Group Forward PE Ratio Related Terms
Mizuho Financial Group Forward PE Ratio Historical Data
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The historical data trend for Mizuho Financial Group'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.
Mizuho Financial Group Forward PE Ratio Chart
Mizuho Financial Group Annual Data
Trend
2022-03
2023-03
2024-03
2025-03
2026-03
Forward PE Ratio
1.33
1.53
1.33
1.33
1.18
Mizuho Financial Group Quarterly Data
2020-09
2020-12
2021-12
2022-03
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
15.36
1.21
1.45
1.33
1.52
1.23
1.53
1.84
2.46
0.99
1.33
1.43
1.05
1.20
1.33
1.02
1.32
1.28
1.18
Mizuho Financial Group Forward PE Ratio Competitor Comparison
For the Banks - Regional subindustry, Mizuho Financial Group'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.
Mizuho Financial Group Forward PE Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Mizuho Financial Group's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Mizuho Financial Group's Forward PE Ratio falls into.
Mizuho Financial Group 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.
Mizuho Financial Group (BUE:MFG) has a Forward PE Ratio of 1.51 as of Aug. 05, 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 Mizuho Financial Group and its competitors. According to the industry distribution chart, Mizuho Financial Group ranks #651 out of 818 companies in the Banks industry, placing it in the top 79.6%.
Is Mizuho Financial Group's Forward PE Ratio too high?
Mizuho Financial Group's current Forward PE Ratio is 1.51. The Banks industry median Forward PE Ratio is 11.49. Mizuho Financial Group's value of 1.51 is 86.9% below this industry median. Based on the distribution chart, Mizuho Financial Group ranks #651 out of 818 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Mizuho Financial Group has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mizuho Financial Group's Forward PE Ratio compare to competitors?
According to the Banks industry distribution chart, Mizuho Financial Group ranks #651 out of 818 companies for Forward PE Ratio. This places Mizuho Financial Group in the lower half of its industry. The industry median Forward PE Ratio is 11.49. Mizuho Financial Group's value of 1.51 is 86.9% below 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 Banks company?
The median Forward PE Ratio among Banks companies is 11.49, based on 818 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. Mizuho Financial Group's current Forward PE Ratio of 1.51 is 86.9% below 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 Mizuho Financial Group and its competitors. For the Banks industry, the median Forward PE Ratio is 11.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mizuho Financial Group's current Forward PE Ratio is 1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mizuho Financial Group stock overvalued right now?
Based on GuruFocus' analysis, Mizuho Financial Group (BUE:MFG) is currently considered Significantly Overvalued. The stock's GF Value™ is ARS9,197.89, compared to a current price of ARS16,280.00 — trading 77% above its estimated fair value. The current Forward PE Ratio is 1.51 and 86.9% below the Banks industry median of 11.49. Mizuho Financial Group's overall GF Score™ is 48/100 with 5 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 Mizuho Financial Group (BUE:MFG), the current Forward PE Ratio is 1.51 as of Aug. 05, 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 Mizuho Financial Group (BUE:MFG) Overvalued in 2026?
Based on GuruFocus' analysis, Mizuho Financial Group stock appears to be overvalued.
The current stock price of ARS16,280.00 is trading 77% above its estimated GF Value™ of ARS9,197.89.
GuruFocus considers Mizuho Financial Group to be Significantly Overvalued.
Key valuation signals for BUE:MFG:
Forward PE Ratio: 1.51
GF Value™: ARS9,197.89 vs. price of ARS16,280.00 (77% above fair value)
Industry Position: 86.9% below the Banks median (#651 of 818)
No single metric tells the full story. See the BUE:MFG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mizuho Financial Group is roughly tied with megabank peer Sumitomo Mitsui Financial Group for the status as Japan's second-largest bank after Mitsubishi UFJ Financial Group. In Japan, Mizuho has more of a corporate focus than SMFG, which has a larger retail business. Its overseas weighting is slightly smaller than that of MUFG. Unlike its two Japanese megabank peers, which own foreign banks outright or hold noncontrolling stakes in local banks overseas, Mizuho expanded in recent years beyond its traditional Japanese borrowers, mainly through its core banking and securities units, focusing on the financing needs of global multinational corporations.
48GF Score
Get the complete analysis for BUE:MFG
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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