Norbit ASA (CHIX:NORBTo) 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 .
Norbit ASA Forward PE Ratio Related Terms
Norbit ASA Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Norbit 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.
Norbit ASA Forward PE Ratio Chart
Norbit ASA Annual Data
Trend
2025-12
Forward PE Ratio
21.93
Norbit ASA Quarterly Data
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
32.40
21.68
21.93
24.55
CHIX:NORBTO vs COHR, KEYS, GRMN: Forward PE Ratio Comparison
For the Scientific & Technical Instruments subindustry, Norbit 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.
Norbit ASA Forward PE Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Norbit ASA's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Norbit 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.
Norbit ASA (CHIX:NORBTO) has a Forward PE Ratio of 20.41 as of Jul. 02, 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 Norbit ASA and its competitors. According to the industry distribution chart, Norbit ASA ranks #429 out of 1019 companies in the Hardware industry, placing it in the top 42.1%.
Is Norbit ASA's Forward PE Ratio too high?
Norbit ASA's current Forward PE Ratio is 20.41. The Hardware industry median Forward PE Ratio is 24.50. Norbit ASA's value of 20.41 is 16.7% below this industry median. Based on the distribution chart, Norbit ASA ranks #429 out of 1019 companies in the Hardware industry, which is above the industry midpoint. Overall, Norbit ASA has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Norbit ASA's Forward PE Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Norbit ASA ranks #429 out of 1019 companies for Forward PE Ratio. This puts Norbit ASA in the upper half of its industry. The industry median Forward PE Ratio is 24.50. Norbit ASA's value of 20.41 is 16.7% 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 a Hardware company?
The median Forward PE Ratio among Hardware companies is 24.50, based on 1,019 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. Norbit ASA's current Forward PE Ratio of 20.41 is 16.7% 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 Norbit ASA and its competitors. For the Hardware industry, the median Forward PE Ratio is 24.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norbit ASA's current Forward PE Ratio is 20.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norbit ASA stock overvalued right now?
Based on GuruFocus' analysis, Norbit ASA (CHIX:NORBTO) is currently considered Fairly Valued. The stock's GF Value™ is kr173.07, compared to a current price of kr168.30 — trading 2.8% below its estimated fair value. The current Forward PE Ratio is 20.41 and 16.7% below the Hardware industry median of 24.50. Norbit ASA's overall GF Score™ is 77/100 with 1 warning sign 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 Norbit ASA (CHIX:NORBTO), the current Forward PE Ratio is 20.41 as of Jul. 02, 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 Norbit ASA (CHIX:NORBTO) Overvalued in 2026?
Based on GuruFocus' analysis, Norbit ASA stock appears to be undervalued.
The current stock price of kr168.30 is trading 2.8% below its estimated GF Value™ of kr173.07.
GuruFocus considers Norbit ASA to be Fairly Valued.
Key valuation signals for CHIX:NORBTO:
Forward PE Ratio: 20.41
GF Value™: kr173.07 vs. price of kr168.30 (2.8% below fair value)
Industry Position: 16.7% below the Hardware median (#429 of 1019)
No single metric tells the full story. See the CHIX:NORBTO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norbit ASA is a provider of tailored technology to selected applications by solving challenges through solutions. It is organised in three operating segments: Oceans, Connectivity and Product, Innovation & Realization (PIR). The Oceans segment delivers tailored technology solutions to the maritime markets, the Connectivity segment supplier of secure wireless technology for industrial and mission-critical applications - ranging from transportation infrastructure to navigation and defence-related environments, and the Product, Innovation & Realization (PIR) segment provides R&D products and services and contract manufacturing to key customers. The majority of the company's revenue is derived from the PIR segment.
77GF Score
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