Munters Group AB (CHIX:MTRSS) Forward PE Ratio: 28.55 (As of Jul. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

CHIX:MTRSS Munters Group AB CHIX:MTRSS
89 GF Score
Price kr175.33
GF Value kr169.14
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Munters Group AB Forward PE Ratio?

Munters Group AB CHIX:MTRSS 89 Forward PE Ratio is 28.55 as of Jul. 22, 2026. GuruFocus rates CHIX:MTRSS with a GF Score™ of 89/100 and a GF Value™ of kr169.14 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,290 Industrial Products companies, Munters Group AB ranks worse than 72.4% on this metric.

Munters Group AB's Forward PE Ratio for today is 28.55.

Munters Group AB's PE Ratio without NRI for today is 65.74.

Munters Group AB's PE Ratio (TTM) for today is 68.12.


Munters Group AB  (CHIX:MTRSs) 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 .


Munters Group AB Forward PE Ratio Related Terms


Munters Group AB Forward PE Ratio Historical Data

* Premium members only.

The historical data trend for Munters Group 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.

Munters Group AB Forward PE Ratio Chart

Munters Group AB Annual Data
Trend 2019-12 2020-12 2021-12 2022-12 2023-12 2024-12 2025-12
Forward PE Ratio
13.68 19.27 15.13 14.37 13.46 22.91 22.17

Munters Group AB Quarterly Data
2019-12 2020-03 2020-06 2020-09 2020-12 2021-03 2021-06 2021-09 2021-12 2022-03 2022-06 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 2026-06
Forward PE Ratio 13.68 8.43 22.83 16.00 19.27 20.58 18.42 16.95 15.13 14.27 14.10 13.02 14.37 15.65 18.83 13.16 13.46 24.27 23.20 23.42 22.91 20.86 25.52 15.98 22.17 24.68 26.37

CHIX:MTRSS vs VLTO, ZWS, CECO: Forward PE Ratio Comparison

For the Pollution & Treatment Controls subindustry, Munters Group 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.


Munters Group AB Forward PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Munters Group AB's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Munters Group AB's Forward PE Ratio falls into.


CHIX:MTRSS
89GF Score
Munters Group AB CHIX:MTRSS
Forward PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Munters Group AB 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.

Frequently Asked Questions Learn more about Forward PE Ratio →
What does a Forward PE Ratio of 28.55 mean?
Munters Group AB (CHIX:MTRSS) has a Forward PE Ratio of 28.55 as of Jul. 22, 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 Munters Group AB and its competitors. According to the industry distribution chart, Munters Group AB ranks #934 out of 1290 companies in the Industrial Products industry, placing it in the top 72.4%.
Is Munters Group AB's Forward PE Ratio too high?
Munters Group AB's current Forward PE Ratio is 28.55. The Industrial Products industry median Forward PE Ratio is 18.86. Munters Group AB's value of 28.55 is 51.4% above this industry median. Based on the distribution chart, Munters Group AB ranks #934 out of 1290 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Munters Group AB has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Munters Group AB's Forward PE Ratio compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Munters Group AB ranks #934 out of 1290 companies for Forward PE Ratio. This places Munters Group AB in the lower half of its industry. The industry median Forward PE Ratio is 18.86. Munters Group AB's value of 28.55 is 51.4% 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 Industrial Products company?
The median Forward PE Ratio among Industrial Products companies is 18.86, based on 1,290 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. Munters Group AB's current Forward PE Ratio of 28.55 is 51.4% 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 Munters Group AB and its competitors. For the Industrial Products industry, the median Forward PE Ratio is 18.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Munters Group AB's current Forward PE Ratio is 28.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Munters Group AB stock overvalued right now?
Based on GuruFocus' analysis, Munters Group AB (CHIX:MTRSS) is currently considered Fairly Valued. The stock's GF Value™ is kr169.14, compared to a current price of kr175.33 — trading 3.7% above its estimated fair value. The current Forward PE Ratio is 28.55 and 51.4% above the Industrial Products industry median of 18.86. Munters Group AB's overall GF Score™ is 89/100 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 Munters Group AB (CHIX:MTRSS), the current Forward PE Ratio is 28.55 as of Jul. 22, 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 Munters Group AB (CHIX:MTRSS) Overvalued in 2026?

Based on GuruFocus' analysis, Munters Group AB stock appears to be overvalued. The current stock price of kr175.33 is trading 3.7% above its estimated GF Value™ of kr169.14. GuruFocus considers Munters Group AB to be Fairly Valued.

Key valuation signals for CHIX:MTRSS:

  • Forward PE Ratio: 28.55
  • GF Value™: kr169.14 vs. price of kr175.33 (3.7% above fair value)
  • GF Score™: 89/100 with 5 warning signs
  • Industry Position: 51.4% above the Industrial Products median (#934 of 1290)

No single metric tells the full story. See the CHIX:MTRSS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Munters Group AB Business Description

Address Borgarfjordsgatan 16, Box 1188, Kista, SWE, SE-164 40
Munters Group AB is a provider of energy-efficient air treatment and climate control solutions predominantly within the food, pharmaceutical and data center and other sectors. The company operates in segments, which are: AirTech, Data Center Technologies, and FoodTech. The majority of the revenue is generated from its AirTech segment, which manufactures and markets products and solutions for controlling humidity and improving the indoor climate. Geographically, a majority of its revenue is generated from the United States and the rest from China, Germany, the United Kingdom, Canada, Sweden, Australia, France, Denmark, Poland, Mexico, and other markets.
89GF Score

Get the complete analysis for CHIX:MTRSS

Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr175.33
Price
kr169.14
GF Value