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Pandora AS (CHIX:PNDORc) 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 .
Pandora AS Forward PE Ratio Related Terms
Pandora AS Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Pandora AS'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.
Pandora AS Forward PE Ratio Chart
Pandora AS Annual Data
Trend
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
6.91
20.04
16.34
8.47
14.73
17.90
9.73
Pandora AS Quarterly Data
2019-09
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
Forward PE Ratio
7.00
6.91
4.96
14.25
12.63
20.04
17.15
22.22
17.76
16.34
12.99
9.37
6.26
8.47
11.38
11.15
12.14
14.73
17.76
17.33
16.16
17.90
14.64
15.94
11.02
9.73
7.75
CHIX:PNDORC vs TPR, SIG: Forward PE Ratio Comparison
For the Luxury Goods subindustry, Pandora AS'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.
Pandora AS Forward PE Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Pandora AS's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Pandora AS'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.
Pandora AS (CHIX:PNDORC) has a Forward PE Ratio of 12.43 as of Jul. 28, 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 Pandora AS and its competitors. According to the industry distribution chart, Pandora AS ranks #190 out of 506 companies in the Retail - Cyclical industry, placing it in the top 37.5%.
Is Pandora AS's Forward PE Ratio too high?
Pandora AS's current Forward PE Ratio is 12.43. The Retail - Cyclical industry median Forward PE Ratio is 14.93. Pandora AS's value of 12.43 is 16.7% below this industry median. Based on the distribution chart, Pandora AS ranks #190 out of 506 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Pandora AS has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pandora AS's Forward PE Ratio compare to TPR and SIG?
According to the Retail - Cyclical industry distribution chart, Pandora AS ranks #190 out of 506 companies for Forward PE Ratio. This puts Pandora AS in the upper half of its industry. The industry median Forward PE Ratio is 14.93. Pandora AS's value of 12.43 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 Retail - Cyclical company?
The median Forward PE Ratio among Retail - Cyclical companies is 14.93, based on 506 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. Pandora AS's current Forward PE Ratio of 12.43 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 Pandora AS and its competitors. For the Retail - Cyclical industry, the median Forward PE Ratio is 14.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pandora AS's current Forward PE Ratio is 12.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pandora AS stock overvalued right now?
Based on GuruFocus' analysis, Pandora AS (CHIX:PNDORC) is currently considered Significantly Undervalued. The stock's GF Value™ is kr1,208.24, compared to a current price of kr784.10 — trading 35.1% below its estimated fair value. The current Forward PE Ratio is 12.43 and 16.7% below the Retail - Cyclical industry median of 14.93. Pandora AS's overall GF Score™ is 83/100 with 2 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 Pandora AS (CHIX:PNDORC), the current Forward PE Ratio is 12.43 as of Jul. 28, 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 Pandora AS (CHIX:PNDORC) Overvalued in 2026?
Based on GuruFocus' analysis, Pandora AS stock appears to be undervalued.
The current stock price of kr784.10 is trading 35.1% below its estimated GF Value™ of kr1,208.24.
GuruFocus considers Pandora AS to be Significantly Undervalued.
Key valuation signals for CHIX:PNDORC:
Forward PE Ratio: 12.43
GF Value™: kr1,208.24 vs. price of kr784.10 (35.1% below fair value)
Industry Position: 16.7% below the Retail - Cyclical median (#190 of 506)
No single metric tells the full story. See the CHIX:PNDORC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pandora is a premium jewelry brand and the market leader in the charm bracelet category. The company was established in the 1980s in Denmark and since then has expanded globally. Pandora has over 2,700 concept stores globally (2,000 owned and operated, and the remainder run by its franchise partners) as well as multibrand locations and stores-in-stores. Pandora owned retail accounts for over 80% and wholesale for the remainder. Charms and bracelets account for almost three-fourths of its sales. The firm produces mostly internally in two jewelry-crafting facilities in Thailand.
83GF Score
Get the complete analysis for CHIX:PNDORC
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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