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Mycronic ABCHIX:MYCRS 86 Forward PE Ratio is 34.63 as of Aug. 09, 2026. GuruFocus rates CHIX:MYCRS with a GF Score™ of 86/100 and a GF Value™ of kr238.62 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,288 Industrial Products companies, Mycronic AB ranks worse than 74.46% on this metric.
Mycronic AB's Forward PE Ratio for today is 34.63.
Mycronic AB (CHIX:MYCRs) 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 .
Mycronic AB Forward PE Ratio Related Terms
Mycronic AB Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Mycronic 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.
Mycronic AB Forward PE Ratio Chart
Mycronic AB Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
25.09
23.32
Mycronic AB Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
25.09
24.24
20.86
22.73
23.32
25.64
33.41
CHIX:MYCRS vs GEV, ETN, PH: Forward PE Ratio Comparison
For the Specialty Industrial Machinery subindustry, Mycronic 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.
Mycronic AB Forward PE Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mycronic AB's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Mycronic 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.
Mycronic AB (CHIX:MYCRS) has a Forward PE Ratio of 34.63 as of Aug. 09, 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 Mycronic AB and its competitors. According to the industry distribution chart, Mycronic AB ranks #959 out of 1288 companies in the Industrial Products industry, placing it in the top 74.5%.
Is Mycronic AB's Forward PE Ratio too high?
Mycronic AB's current Forward PE Ratio is 34.63. The Industrial Products industry median Forward PE Ratio is 19.94. Mycronic AB's value of 34.63 is 73.7% above this industry median. Based on the distribution chart, Mycronic AB ranks #959 out of 1288 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Mycronic AB has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mycronic AB's Forward PE Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Mycronic AB ranks #959 out of 1288 companies for Forward PE Ratio. This places Mycronic AB in the lower half of its industry. The industry median Forward PE Ratio is 19.94. Mycronic AB's value of 34.63 is 73.7% 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 19.94, based on 1,288 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. Mycronic AB's current Forward PE Ratio of 34.63 is 73.7% 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 Mycronic AB and its competitors. For the Industrial Products industry, the median Forward PE Ratio is 19.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mycronic AB's current Forward PE Ratio is 34.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mycronic AB stock overvalued right now?
Based on GuruFocus' analysis, Mycronic AB (CHIX:MYCRS) is currently considered Significantly Overvalued. The stock's GF Value™ is kr238.62, compared to a current price of kr313.00 — trading 31.2% above its estimated fair value. The current Forward PE Ratio is 34.63 and 73.7% above the Industrial Products industry median of 19.94. Mycronic AB's overall GF Score™ is 86/100 with 4 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 Mycronic AB (CHIX:MYCRS), the current Forward PE Ratio is 34.63 as of Aug. 09, 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 Mycronic AB (CHIX:MYCRS) Overvalued in 2026?
Based on GuruFocus' analysis, Mycronic AB stock appears to be overvalued.
The current stock price of kr313.00 is trading 31.2% above its estimated GF Value™ of kr238.62.
GuruFocus considers Mycronic AB to be Significantly Overvalued.
Key valuation signals for CHIX:MYCRS:
Forward PE Ratio: 34.63
GF Value™: kr238.62 vs. price of kr313.00 (31.2% above fair value)
Industry Position: 73.7% above the Industrial Products median (#959 of 1288)
No single metric tells the full story. See the CHIX:MYCRS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mycronic AB develops solutions for electronics production. It operates in four segments: Pattern Generators, which develops, manufactures, & markets mask writers & measuring machines for the production of photomasks for displays; The PCB Assembly Solutions division develops, manufactures, and markets flexible PCB assembly solutions, including jet printing, stencil printing, 3D inspection, component placement, and automated storage solutions. The High Volume division develops, manufactures, & markets equipment for dispensing and conformal coating of circuit boards, with a focus on high-volume markets in Asia. The Global Technologies division's offering includes production solutions with high levels of differentiation. The majority of its revenue is generated from the PCB Generators segment.
86GF Score
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