Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Morgan Advanced Materials (CHIX:MGAMl) 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 .
Morgan Advanced Materials Forward PE Ratio Related Terms
Morgan Advanced Materials 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.
Morgan Advanced Materials Forward PE Ratio Chart
Morgan Advanced Materials Annual Data
Trend
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
11.60
14.77
12.27
9.89
8.75
9.44
11.02
Morgan Advanced Materials 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
11.60
13.44
14.77
15.90
12.27
9.60
9.89
10.09
8.75
10.56
9.44
9.21
11.02
CHIX:MGAML vs GEV, ETN, PH: Forward PE Ratio Comparison
For the Specialty Industrial Machinery subindustry, Morgan Advanced Materials'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.
Morgan Advanced Materials Forward PE Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Morgan Advanced Materials's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Morgan Advanced Materials's Forward PE Ratio falls into.
Morgan Advanced Materials 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.
Morgan Advanced Materials (CHIX:MGAML) has a Forward PE Ratio of 12.77 as of Jul. 29, 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 Morgan Advanced Materials and its competitors. According to the industry distribution chart, Morgan Advanced Materials ranks #322 out of 1295 companies in the Industrial Products industry, placing it in the top 24.9%.
Is Morgan Advanced Materials' Forward PE Ratio too high?
Morgan Advanced Materials' current Forward PE Ratio is 12.77. The Industrial Products industry median Forward PE Ratio is 18.89. Morgan Advanced Materials' value of 12.77 is 32.4% below this industry median. Based on the distribution chart, Morgan Advanced Materials ranks #322 out of 1295 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Morgan Advanced Materials has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Morgan Advanced Materials' Forward PE Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Morgan Advanced Materials ranks #322 out of 1295 companies for Forward PE Ratio. This places Morgan Advanced Materials in the top 25% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 18.89. Morgan Advanced Materials' value of 12.77 is 32.4% 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 an Industrial Products company?
The median Forward PE Ratio among Industrial Products companies is 18.89, based on 1,295 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. Morgan Advanced Materials's current Forward PE Ratio of 12.77 is 32.4% 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 Morgan Advanced Materials and its competitors. For the Industrial Products industry, the median Forward PE Ratio is 18.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morgan Advanced Materials's current Forward PE Ratio is 12.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morgan Advanced Materials stock overvalued right now?
Based on GuruFocus' analysis, Morgan Advanced Materials (CHIX:MGAML) is currently considered Modestly Undervalued. The stock's GF Value™ is £2.43, compared to a current price of £2.19 — trading 10% below its estimated fair value. The current Forward PE Ratio is 12.77 and 32.4% below the Industrial Products industry median of 18.89. Morgan Advanced Materials' overall GF Score™ is 74/100 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 Morgan Advanced Materials (CHIX:MGAML), the current Forward PE Ratio is 12.77 as of Jul. 29, 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 Morgan Advanced Materials (CHIX:MGAML) Overvalued in 2026?
Based on GuruFocus' analysis, Morgan Advanced Materials stock appears to be undervalued.
The current stock price of £2.19 is trading 10% below its estimated GF Value™ of £2.43.
GuruFocus considers Morgan Advanced Materials to be Modestly Undervalued.
Key valuation signals for CHIX:MGAML:
Forward PE Ratio: 12.77
GF Value™: £2.43 vs. price of £2.19 (10% below fair value)
Industry Position: 32.4% below the Industrial Products median (#322 of 1295)
No single metric tells the full story. See the CHIX:MGAML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Morgan Advanced Materials PLC is an advanced materials company that co-designs and manufactures mission-critical solutions using material science and application expertise. The Company's products and solutions include semiconductor consumables, collector strips and carbon brushes, graphite powders, face seals, sliding bearings, rotary seals, rotary vane pump components, structural ceramic components, engineered coatings, ceramic cores, ceramic-to-metal assemblies, braze alloys, ceramic tubes and rollers, extruded products, laser products, and MACOR machinable glass ceramic. The Group operates through three segments: Thermal Products generates maximum revenue, Performance Carbon, and Technical Ceramics. Geographically, it generates the majority of its revenue from the USA.
74GF Score
Get the complete analysis for CHIX:MGAML
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CHIX:MGAML has been successfully added to your 
