Storebrand ASA (CHIX:STBo) 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 .
Storebrand ASA Forward PE Ratio Related Terms
Storebrand ASA Forward PE Ratio Historical Data
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The historical data trend for Storebrand 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.
Storebrand ASA Forward PE Ratio Chart
Storebrand ASA Annual Data
Trend
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
12.80
10.92
13.53
13.79
8.71
12.77
15.30
Storebrand ASA 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
Forward PE Ratio
12.80
7.63
11.53
3.89
10.92
14.77
12.29
13.55
13.53
12.79
15.04
11.19
13.79
13.53
12.95
10.24
8.71
9.73
10.31
12.17
12.77
13.96
14.40
13.85
15.30
14.72
CHIX:STBO vs VOYA, FRHC: Forward PE Ratio Comparison
For the Financial Conglomerates subindustry, Storebrand 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.
Storebrand ASA Forward PE Ratio vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Storebrand ASA's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Storebrand 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.
Storebrand ASA (CHIX:STBO) has a Forward PE Ratio of 16.56 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 Storebrand ASA and its competitors. According to the industry distribution chart, Storebrand ASA ranks #22 out of 32 companies in the Diversified Financial Services industry, placing it in the top 68.7%.
Is Storebrand ASA's Forward PE Ratio too high?
Storebrand ASA's current Forward PE Ratio is 16.56. The Diversified Financial Services industry median Forward PE Ratio is 13.39. Storebrand ASA's value of 16.56 is 23.7% above this industry median. Based on the distribution chart, Storebrand ASA ranks #22 out of 32 companies in the Diversified Financial Services industry, which is below the industry midpoint. Overall, Storebrand ASA has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Storebrand ASA's Forward PE Ratio compare to VOYA and FRHC?
According to the Diversified Financial Services industry distribution chart, Storebrand ASA ranks #22 out of 32 companies for Forward PE Ratio. This places Storebrand ASA in the lower half of its industry. The industry median Forward PE Ratio is 13.39. Storebrand ASA's value of 16.56 is 23.7% 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 a Diversified Financial Services company?
The median Forward PE Ratio among Diversified Financial Services companies is 13.39, based on 32 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. Storebrand ASA's current Forward PE Ratio of 16.56 is 23.7% 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 Storebrand ASA and its competitors. For the Diversified Financial Services industry, the median Forward PE Ratio is 13.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Storebrand ASA's current Forward PE Ratio is 16.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Storebrand ASA stock overvalued right now?
Based on GuruFocus' analysis, Storebrand ASA (CHIX:STBO) is currently considered Fairly Valued. The stock's GF Value™ is kr171.06, compared to a current price of kr185.15 — trading 8.2% above its estimated fair value. The current Forward PE Ratio is 16.56 and 23.7% above the Diversified Financial Services industry median of 13.39. Storebrand ASA's overall GF Score™ is 62/100 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 Storebrand ASA (CHIX:STBO), the current Forward PE Ratio is 16.56 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 Storebrand ASA (CHIX:STBO) Overvalued in 2026?
Based on GuruFocus' analysis, Storebrand ASA stock appears to be overvalued.
The current stock price of kr185.15 is trading 8.2% above its estimated GF Value™ of kr171.06.
GuruFocus considers Storebrand ASA to be Fairly Valued.
Key valuation signals for CHIX:STBO:
Forward PE Ratio: 16.56
GF Value™: kr171.06 vs. price of kr185.15 (8.2% above fair value)
Industry Position: 23.7% above the Diversified Financial Services median (#22 of 32)
No single metric tells the full story. See the CHIX:STBO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Storebrand ASA is a Nordic long-term savings and insurance company. The business is divided into four segments Savings, Insurance, Guaranteed Pension, and Others. The Savings segment includes products for retirement savings with no interest rate guarantees which defined contribution pensions in Norway and Sweden, asset management, and retail banking products. The Insurance segment provides risk products in Norway and Sweden, it provides health, property and casualty, personal risk products, and others. The Guaranteed Pension business area encompasses long-term pension savings products that give customers a guaranteed rate of return. Other segment consists of other companies within the Storebrand Group, including smaller subsidiaries of Storebrand Livsforsikring and SPP.
62GF Score
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