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CTT Systems AB (CHIX:CTTs) 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 .
CTT Systems AB Forward PE Ratio Related Terms
CTT Systems AB Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for CTT Systems AB'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.
CTT Systems AB Forward PE Ratio Chart
CTT Systems AB Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
18.36
23.59
CTT Systems AB Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
18.36
22.68
31.39
22.84
23.59
36.37
CHIX:CTTS vs SPCX, GE, RTX: Forward PE Ratio Comparison
For the Aerospace & Defense subindustry, CTT Systems AB'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.
CTT Systems AB Forward PE Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, CTT Systems AB's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where CTT Systems AB'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.
CTT Systems AB (CHIX:CTTS) has a Forward PE Ratio of 36.37 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 CTT Systems AB and its competitors. According to the industry distribution chart, CTT Systems AB ranks #73 out of 204 companies in the Aerospace & Defense industry, placing it in the top 35.8%.
Is CTT Systems AB's Forward PE Ratio too high?
CTT Systems AB's current Forward PE Ratio is 36.37. The Aerospace & Defense industry median Forward PE Ratio is 29.01. CTT Systems AB's value of 36.37 is 25.4% above this industry median. Based on the distribution chart, CTT Systems AB ranks #73 out of 204 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, CTT Systems AB has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does CTT Systems AB's Forward PE Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, CTT Systems AB ranks #73 out of 204 companies for Forward PE Ratio. This puts CTT Systems AB in the upper half of its industry. The industry median Forward PE Ratio is 29.01. CTT Systems AB's value of 36.37 is 25.4% 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 Aerospace & Defense company?
The median Forward PE Ratio among Aerospace & Defense companies is 29.01, based on 204 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. CTT Systems AB's current Forward PE Ratio of 36.37 is 25.4% 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 CTT Systems AB and its competitors. For the Aerospace & Defense industry, the median Forward PE Ratio is 29.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CTT Systems AB's current Forward PE Ratio is 36.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CTT Systems AB stock overvalued right now?
CTT Systems AB (CHIX:CTTS) has a current Forward PE Ratio of 36.37. The stock's GF Value™ is kr368.46, compared to a current price of kr194.60 — trading 47.2% below its estimated fair value. The current Forward PE Ratio is 36.37 and 25.4% above the Aerospace & Defense industry median of 29.01. CTT Systems AB's overall GF Score™ is 77/100 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 CTT Systems AB (CHIX:CTTS), the current Forward PE Ratio is 36.37 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 CTT Systems AB (CHIX:CTTS) Overvalued in 2026?
Based on GuruFocus' analysis, CTT Systems AB stock appears to be undervalued.
The current stock price of kr194.60 is trading 47.2% below its estimated GF Value™ of kr368.46.
Key valuation signals for CHIX:CTTS:
Forward PE Ratio: 36.37
GF Value™: kr368.46 vs. price of kr194.60 (47.2% below fair value)
Industry Position: 25.4% above the Aerospace & Defense median (#73 of 204)
No single metric tells the full story. See the CHIX:CTTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CTT Systems AB manufacturer and provider of humidity control systems for aircraft. The company offers a Zonal Drying system that prevents condensation within an aircraft during humidification. The company's product line includes various humidifiers. It sells its products to aircraft manufacturers and transportation companies. The group's products, Zonal Drying System and Cair, create conditions facilitating improved profitability and flight safety as well as considerably enhanced comfort for passengers and cabin personnel. It supplies these systems to aircraft manufacturers for installation during the production of new aircraft and to airlines for their existing aircraft fleets. Geographically company generates maximum revenue from USA, Denmark, France, and other regions.
77GF Score
Get the complete analysis for CHIX:CTTS
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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