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CommVault Systems (NAS:CVLT) 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 .
CommVault Systems Forward PE Ratio Related Terms
CommVault Systems Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for CommVault Systems'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.
CommVault Systems Forward PE Ratio Chart
CommVault Systems Annual Data
Trend
2016-03
2018-03
2019-03
2021-03
2022-03
2023-03
2024-03
2025-03
2026-03
Forward PE Ratio
37.31
36.50
22.57
27.78
25.00
22.27
31.95
40.19
15.79
CommVault Systems Quarterly Data
2015-12
2016-03
2016-06
2017-09
2017-12
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
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
63.29
37.31
38.31
49.51
42.02
36.50
43.29
43.48
24.69
22.57
21.65
27.78
34.84
33.11
26.32
25.00
21.01
18.05
22.42
22.27
24.10
22.47
25.19
31.95
34.97
45.45
39.19
40.19
41.29
46.09
28.12
15.79
CVLT vs NAVN, ESTC, PCTY: Forward PE Ratio Comparison
For the Software - Application subindustry, CommVault Systems'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.
CommVault Systems Forward PE Ratio vs Software Industry
For the Software industry and Technology sector, CommVault Systems's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where CommVault Systems'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.
CommVault Systems (CVLT) has a Forward PE Ratio of 28.37 as of Jul. 15, 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 CommVault Systems and its competitors. According to the industry distribution chart, CommVault Systems ranks #816 out of 1172 companies in the Software industry, placing it in the top 69.6%.
Is CommVault Systems' Forward PE Ratio too high?
CommVault Systems' current Forward PE Ratio is 28.37. The Software industry median Forward PE Ratio is 18.53. CommVault Systems' value of 28.37 is 53.1% above this industry median. Based on the distribution chart, CommVault Systems ranks #816 out of 1172 companies in the Software industry, which is below the industry midpoint. Overall, CommVault Systems has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CommVault Systems' Forward PE Ratio compare to NAVN and ESTC?
According to the Software industry distribution chart, CommVault Systems ranks #816 out of 1172 companies for Forward PE Ratio. This places CommVault Systems in the lower half of its industry. The industry median Forward PE Ratio is 18.53. CommVault Systems' value of 28.37 is 53.1% 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 Software company?
The median Forward PE Ratio among Software companies is 18.53, based on 1,172 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. CommVault Systems's current Forward PE Ratio of 28.37 is 53.1% 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 CommVault Systems and its competitors. For the Software industry, the median Forward PE Ratio is 18.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CommVault Systems's current Forward PE Ratio is 28.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CommVault Systems stock overvalued right now?
Based on GuruFocus' analysis, CommVault Systems (CVLT) is currently considered Fairly Valued. The stock's GF Value™ is $159.16, compared to a current price of $148.56 — trading 6.7% below its estimated fair value. The current Forward PE Ratio is 28.37 and 53.1% above the Software industry median of 18.53. CommVault Systems' overall GF Score™ is 80/100 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 CommVault Systems (CVLT), the current Forward PE Ratio is 28.37 as of Jul. 15, 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 CommVault Systems (CVLT) Overvalued in 2026?
Based on GuruFocus' analysis, CommVault Systems stock appears to be undervalued.
The current stock price of $148.56 is trading 6.7% below its estimated GF Value™ of $159.16.
GuruFocus considers CommVault Systems to be Fairly Valued.
Key valuation signals for CVLT:
Forward PE Ratio: 28.37
GF Value™: $159.16 vs. price of $148.56 (6.7% below fair value)
Industry Position: 53.1% above the Software median (#816 of 1172)
No single metric tells the full story. See the CVLT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CommVault Systems Inc provides cyber resiliency solutions designed to help the enterprise protect, secure, and recover its data, applications, and identity systems in a world of increasing cyber threats and attacks. Its offerings provide cyber resilience, including data protection, cyber recovery, data security, and governance, aiming to enable customers to continue business. The company delivers its solutions through Commvault Cloud, a cloud native platform that unifies data security, cyber recovery and identity resilience across on-premises, hybrid, multi-cloud, and software-as-a-service environments. It sells its offerings through subscription-based arrangements, including SaaS and term-based subscriptions, and also offers perpetual licenses, customer support, and professional services.
80GF Score
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