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DNB Bank ASA (CHIX:DNBo) 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 .
DNB Bank ASA Forward PE Ratio Related Terms
DNB Bank ASA Forward PE Ratio Historical Data
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The historical data trend for DNB Bank ASA'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.
DNB Bank ASA Forward PE Ratio Chart
DNB Bank ASA Annual Data
Trend
2019-12
2020-12
2023-12
2024-12
2025-12
Forward PE Ratio
9.91
13.51
8.44
9.10
10.51
DNB Bank ASA Quarterly Data
2019-09
2019-12
2020-03
2020-06
2020-09
2020-12
2021-03
2021-06
2023-06
2023-09
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
10.08
9.91
7.74
14.64
9.48
13.51
14.01
13.44
8.86
9.24
8.44
8.79
16.13
17.04
9.10
10.22
9.77
10.38
10.51
10.88
10.97
DNB Bank ASA Forward PE Ratio Competitor Comparison
For the Banks - Regional subindustry, DNB Bank ASA'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.
DNB Bank ASA Forward PE Ratio vs Banks Industry
For the Banks industry and Financial Services sector, DNB Bank ASA's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where DNB Bank ASA'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.
DNB Bank ASA (CHIX:DNBO) has a Forward PE Ratio of 11.24 as of Jul. 15, 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 DNB Bank ASA and its competitors. According to the industry distribution chart, DNB Bank ASA ranks #419 out of 819 companies in the Banks industry, placing it in the top 51.2%.
Is DNB Bank ASA's Forward PE Ratio too high?
DNB Bank ASA's current Forward PE Ratio is 11.24. The Banks industry median Forward PE Ratio is 11.11. DNB Bank ASA's value of 11.24 is 1.2% above this industry median. Based on the distribution chart, DNB Bank ASA ranks #419 out of 819 companies in the Banks industry, which is below the industry midpoint. Overall, DNB Bank ASA has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DNB Bank ASA's Forward PE Ratio compare to competitors?
According to the Banks industry distribution chart, DNB Bank ASA ranks #419 out of 819 companies for Forward PE Ratio. This places DNB Bank ASA in the lower half of its industry. The industry median Forward PE Ratio is 11.11. DNB Bank ASA's value of 11.24 is 1.2% 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 Banks company?
The median Forward PE Ratio among Banks companies is 11.11, based on 819 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. DNB Bank ASA's current Forward PE Ratio of 11.24 is 1.2% 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 DNB Bank ASA and its competitors. For the Banks industry, the median Forward PE Ratio is 11.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DNB Bank ASA's current Forward PE Ratio is 11.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DNB Bank ASA stock overvalued right now?
Based on GuruFocus' analysis, DNB Bank ASA (CHIX:DNBO) is currently considered Fairly Valued. The stock's GF Value™ is kr267.96, compared to a current price of kr295.35 — trading 10.2% above its estimated fair value. The current Forward PE Ratio is 11.24 and 1.2% above the Banks industry median of 11.11. DNB Bank ASA's overall GF Score™ is 70/100 with 9 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 DNB Bank ASA (CHIX:DNBO), the current Forward PE Ratio is 11.24 as of Jul. 15, 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 DNB Bank ASA (CHIX:DNBO) Overvalued in 2026?
Based on GuruFocus' analysis, DNB Bank ASA stock appears to be overvalued.
The current stock price of kr295.35 is trading 10.2% above its estimated GF Value™ of kr267.96.
GuruFocus considers DNB Bank ASA to be Fairly Valued.
Key valuation signals for CHIX:DNBO:
Forward PE Ratio: 11.24
GF Value™: kr267.96 vs. price of kr295.35 (10.2% above fair value)
Industry Position: 1.2% above the Banks median (#419 of 819)
No single metric tells the full story. See the CHIX:DNBO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DNB Bank ASA is a Norwegian financial services group offering financial products and services, including loans and deposits, mutual funds and asset management, life insurance and pension savings, payment and financing services, real estate broking, and services related to the money and capital markets. DNB has the following operating segments: Personal customers, Corporate customers Norway, Large corporates and international customers, and Others. Maximum revenue is generated from its Large corporates and international customers business, which caters to corporate customers across different industries, providing them with various banking and advisory services as well as access to online and mobile banking, and other digital services. DNB derives maximum revenue from its Banking activities.
70GF Score
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