Ashmore Group (CHIX:ASHMl) 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 .
Ashmore Group Forward PE Ratio Related Terms
Ashmore Group Forward PE Ratio Historical Data
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The historical data trend for Ashmore 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.
Ashmore Group Forward PE Ratio Chart
Ashmore Group Annual Data
Trend
2020-06
2021-06
2022-06
2023-06
2024-06
2025-06
Forward PE Ratio
17.67
14.04
10.76
14.25
13.37
20.16
Ashmore Group Semi-Annual Data
2019-12
2020-06
2020-12
2021-06
2021-12
2022-06
2022-12
2023-06
2023-12
2024-06
2024-12
2025-06
2025-12
Forward PE Ratio
18.12
17.67
17.89
14.04
12.69
10.76
15.75
14.25
19.76
13.37
16.13
20.16
23.23
CHIX:ASHML vs BLK, BX, KKR: Forward PE Ratio Comparison
For the Asset Management subindustry, Ashmore 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.
Ashmore Group Forward PE Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Ashmore Group's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Ashmore Group'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.
Ashmore Group (CHIX:ASHML) has a Forward PE Ratio of 26.77 as of Jul. 03, 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 Ashmore Group and its competitors. According to the industry distribution chart, Ashmore Group ranks #299 out of 324 companies in the Asset Management industry, placing it in the top 92.3%.
Is Ashmore Group's Forward PE Ratio too high?
Ashmore Group's current Forward PE Ratio is 26.77. The Asset Management industry median Forward PE Ratio is 10.86. Ashmore Group's value of 26.77 is 146.6% above this industry median. Based on the distribution chart, Ashmore Group ranks #299 out of 324 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Ashmore Group has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ashmore Group's Forward PE Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Ashmore Group ranks #299 out of 324 companies for Forward PE Ratio. This places Ashmore Group in the lower half of its industry. The industry median Forward PE Ratio is 10.86. Ashmore Group's value of 26.77 is 146.6% 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 an Asset Management company?
The median Forward PE Ratio among Asset Management companies is 10.86, based on 324 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. Ashmore Group's current Forward PE Ratio of 26.77 is 146.6% 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 Ashmore Group and its competitors. For the Asset Management industry, the median Forward PE Ratio is 10.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashmore Group's current Forward PE Ratio is 26.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashmore Group stock overvalued right now?
Based on GuruFocus' analysis, Ashmore Group (CHIX:ASHML) is currently considered Significantly Overvalued. The stock's GF Value™ is £1.44, compared to a current price of £2.11 — trading 46.8% above its estimated fair value. The current Forward PE Ratio is 26.77 and 146.6% above the Asset Management industry median of 10.86. Ashmore Group's overall GF Score™ is 76/100 with 6 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 Ashmore Group (CHIX:ASHML), the current Forward PE Ratio is 26.77 as of Jul. 03, 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 Ashmore Group (CHIX:ASHML) Overvalued in 2026?
Based on GuruFocus' analysis, Ashmore Group stock appears to be overvalued.
The current stock price of £2.11 is trading 46.8% above its estimated GF Value™ of £1.44.
GuruFocus considers Ashmore Group to be Significantly Overvalued.
Key valuation signals for CHIX:ASHML:
Forward PE Ratio: 26.77
GF Value™: £1.44 vs. price of £2.11 (46.8% above fair value)
Industry Position: 146.6% above the Asset Management median (#299 of 324)
No single metric tells the full story. See the CHIX:ASHML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ashmore Group PLC is a value-oriented asset management firm that focuses its investments on emerging markets. It offers a diverse range of both traditional and alternative investment strategies to its client base globally, including both institutional and retail investors. The company invests in sovereign debt instruments, currencies, corporate debt, equities, derivatives, private equity, real estate, distressed debt, and other special situations. The firm reports on changes in assets under management as the majority of its revenue is derived from management fees. The company also benefits from performance fees on its investments. Geographically, the group derives maximum revenue from the United Kingdom and Ireland, followed by the Americas, and Asia and the Middle East.
76GF Score
Get the complete analysis for CHIX:ASHML
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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