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Smiths GroupCHIX:SMINL -0.04%79 Forward PE Ratio is 23.74 as of Aug. 13, 2026. GuruFocus rates CHIX:SMINL with a GF Score™ of 79/100 and a GF Value™ of £20.11 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,288 Industrial Products companies, Smiths Group ranks better than 61.72% on this metric.
Smiths Group's Forward PE Ratio for today is 23.74.
Smiths Group (CHIX:SMINl) 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 .
Smiths Group Forward PE Ratio Related Terms
Smiths Group Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Smiths Group'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.
Smiths Group Forward PE Ratio Chart
Smiths Group Annual Data
Trend
2019-07
2020-07
2021-07
2022-07
2023-07
2025-07
Forward PE Ratio
15.67
15.36
15.15
18.28
16.69
17.93
Smiths Group Semi-Annual Data
2019-07
2020-01
2020-07
2021-01
2021-07
2022-01
2022-07
2023-01
2023-07
2024-01
2025-01
2025-07
2026-01
Forward PE Ratio
15.67
19.27
15.36
16.23
15.15
22.42
18.28
19.72
16.69
16.45
16.54
17.93
20.67
CHIX:SMINL vs GEV, ETN, PH: Forward PE Ratio Comparison
For the Specialty Industrial Machinery subindustry, Smiths Group'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.
Smiths Group Forward PE Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Smiths Group's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Smiths Group'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.
Smiths Group (CHIX:SMINL) has a Forward PE Ratio of 23.74 as of Aug. 13, 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 Smiths Group and its competitors. According to the industry distribution chart, Smiths Group ranks #493 out of 1288 companies in the Industrial Products industry, placing it in the top 38.3%.
Is Smiths Group's Forward PE Ratio too high?
Smiths Group's current Forward PE Ratio is 23.74. The Industrial Products industry median Forward PE Ratio is 20.15. Smiths Group's value of 23.74 is 17.8% above this industry median. Based on the distribution chart, Smiths Group ranks #493 out of 1288 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Smiths Group has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Smiths Group's Forward PE Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Smiths Group ranks #493 out of 1288 companies for Forward PE Ratio. This puts Smiths Group in the upper half of its industry. The industry median Forward PE Ratio is 20.15. Smiths Group's value of 23.74 is 17.8% 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 20.15, 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. Smiths Group's current Forward PE Ratio of 23.74 is 17.8% 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 Smiths Group and its competitors. For the Industrial Products industry, the median Forward PE Ratio is 20.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smiths Group's current Forward PE Ratio is 23.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smiths Group stock overvalued right now?
Based on GuruFocus' analysis, Smiths Group (CHIX:SMINL) is currently considered Significantly Overvalued. The stock's GF Value™ is £20.11, compared to a current price of £26.51 — trading 31.8% above its estimated fair value. The current Forward PE Ratio is 23.74 and 17.8% above the Industrial Products industry median of 20.15. Smiths Group's overall GF Score™ is 79/100 with 6 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 Smiths Group (CHIX:SMINL), the current Forward PE Ratio is 23.74 as of Aug. 13, 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 Smiths Group (CHIX:SMINL) Overvalued in 2026?
Based on GuruFocus' analysis, Smiths Group stock appears to be overvalued.
The current stock price of £26.51 is trading 31.8% above its estimated GF Value™ of £20.11.
GuruFocus considers Smiths Group to be Significantly Overvalued.
Key valuation signals for CHIX:SMINL:
Forward PE Ratio: 23.74
GF Value™: £20.11 vs. price of £26.51 (31.8% above fair value)
Industry Position: 17.8% above the Industrial Products median (#493 of 1288)
No single metric tells the full story. See the CHIX:SMINL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Smiths Group is a UK-based industrial technology company focused on engineered solutions for fluid and energy management, following the agreed divestments of its Detection and Interconnect divisions. Its two core businesses—John Crane and Flex-Tek - serve critical infrastructure, energy, aerospace, HVAC, and industrial markets. John Crane supplies mechanical seals, filtration systems, and condition-monitoring technologies used in rotating equipment, with a high-margin, recurring aftermarket business. Flex-Tek provides specialized tubing, heating components, and ducting systems primarily for US HVAC and aerospace OEMs.
79GF Score
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