Digi International (NAS:DGII) 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 .
Digi International Forward PE Ratio Related Terms
Digi International Forward PE Ratio Historical Data
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The historical data trend for Digi International'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.
Digi International Forward PE Ratio Chart
Digi International Annual Data
Trend
2016-09
2017-09
2018-09
2019-09
2020-09
2021-09
2022-09
2023-09
2024-09
2025-09
Forward PE Ratio
23.75
25.25
22.42
19.65
13.95
18.48
19.88
13.81
14.12
16.93
Digi International Quarterly Data
2015-12
2016-03
2016-09
2016-12
2017-03
2017-06
2017-09
2017-12
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
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
29.94
19.23
23.75
32.36
27.70
26.04
25.25
38.91
73.53
21.98
22.42
16.86
29.50
18.12
19.65
15.22
7.47
9.14
13.95
17.09
16.81
16.16
18.48
18.76
16.00
13.55
19.88
22.57
20.92
19.42
13.81
14.47
17.51
11.03
14.12
15.46
14.29
16.28
16.93
19.40
20.54
DGII vs VISN, HLIT, ONDS: Forward PE Ratio Comparison
For the Communication Equipment subindustry, Digi International'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.
Digi International Forward PE Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Digi International's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Digi International'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.
Digi International (DGII) has a Forward PE Ratio of 25.59 as of Jul. 08, 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 Digi International and its competitors. According to the industry distribution chart, Digi International ranks #551 out of 1018 companies in the Hardware industry, placing it in the top 54.1%.
Is Digi International's Forward PE Ratio too high?
Digi International's current Forward PE Ratio is 25.59. The Hardware industry median Forward PE Ratio is 23.29. Digi International's value of 25.59 is 9.9% above this industry median. Based on the distribution chart, Digi International ranks #551 out of 1018 companies in the Hardware industry, which is below the industry midpoint. Overall, Digi International has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Digi International's Forward PE Ratio compare to VISN and HLIT?
According to the Hardware industry distribution chart, Digi International ranks #551 out of 1018 companies for Forward PE Ratio. This places Digi International in the lower half of its industry. The industry median Forward PE Ratio is 23.29. Digi International's value of 25.59 is 9.9% 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 Hardware company?
The median Forward PE Ratio among Hardware companies is 23.29, based on 1,018 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. Digi International's current Forward PE Ratio of 25.59 is 9.9% 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 Digi International and its competitors. For the Hardware industry, the median Forward PE Ratio is 23.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Digi International's current Forward PE Ratio is 25.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digi International stock overvalued right now?
Based on GuruFocus' analysis, Digi International (DGII) is currently considered Significantly Overvalued. The stock's GF Value™ is $35.10, compared to a current price of $71.33 — trading 103.2% above its estimated fair value. The current Forward PE Ratio is 25.59 and 9.9% above the Hardware industry median of 23.29. Digi International's overall GF Score™ is 78/100 with 7 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 Digi International (DGII), the current Forward PE Ratio is 25.59 as of Jul. 08, 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 Digi International (DGII) Overvalued in 2026?
Based on GuruFocus' analysis, Digi International stock appears to be overvalued.
The current stock price of $71.33 is trading 103.2% above its estimated GF Value™ of $35.10.
GuruFocus considers Digi International to be Significantly Overvalued.
Key valuation signals for DGII:
Forward PE Ratio: 25.59
GF Value™: $35.10 vs. price of $71.33 (103.2% above fair value)
Industry Position: 9.9% above the Hardware median (#551 of 1018)
No single metric tells the full story. See the DGII stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Digi International Inc is a Minnesota corporation that provides business and mission-critical Internet of Things (IoT) connectivity products and services. It operates through two segments: IoT Products & Services, which supports OEMs, enterprise, and government customers in deploying secure IoT connectivity solutions, and IoT Solutions, consisting of SmartSense and its Managed Network-as-a-Service (MNaaS) business offering wireless temperature and condition-based monitoring, employee task management, label printing, and other services. The company generates the majority of its revenue from the IoT Products & Services segment and mainly from the United States, with a presence in Europe, the Middle East and Africa, and the Rest of the world.
78GF Score
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Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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