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MJL Bangladesh (DHA:MJLBD) 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 .
MJL Bangladesh Forward PE Ratio Related Terms
MJL Bangladesh Forward PE Ratio Historical Data
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The historical data trend for MJL Bangladesh'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.
MJL Bangladesh Forward PE Ratio Chart
MJL Bangladesh Annual Data
Trend
Forward PE Ratio
MJL Bangladesh Quarterly Data
2024-12
2025-03
2025-12
2026-03
Forward PE Ratio
10.72
10.92
10.23
6.98
DHA:MJLBD vs MPC, VLO, PSX: Forward PE Ratio Comparison
For the Oil & Gas Refining & Marketing subindustry, MJL Bangladesh'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.
MJL Bangladesh Forward PE Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, MJL Bangladesh's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where MJL Bangladesh'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.
MJL Bangladesh (DHA:MJLBD) has a Forward PE Ratio of 8.69 as of Sep. 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 MJL Bangladesh and its competitors. According to the industry distribution chart, MJL Bangladesh ranks #169 out of 546 companies in the Oil & Gas industry, placing it in the top 31%.
Is MJL Bangladesh's Forward PE Ratio too high?
MJL Bangladesh's current Forward PE Ratio is 8.69. The Oil & Gas industry median Forward PE Ratio is 11.35. MJL Bangladesh's value of 8.69 is 23.4% below this industry median. Based on the distribution chart, MJL Bangladesh ranks #169 out of 546 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, MJL Bangladesh has a GF Score™ of 99/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MJL Bangladesh's Forward PE Ratio compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, MJL Bangladesh ranks #169 out of 546 companies for Forward PE Ratio. This puts MJL Bangladesh in the upper half of its industry. The industry median Forward PE Ratio is 11.35. MJL Bangladesh's value of 8.69 is 23.4% 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 an Oil & Gas company?
The median Forward PE Ratio among Oil & Gas companies is 11.35, based on 546 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. MJL Bangladesh's current Forward PE Ratio of 8.69 is 23.4% 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 MJL Bangladesh and its competitors. For the Oil & Gas industry, the median Forward PE Ratio is 11.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MJL Bangladesh's current Forward PE Ratio is 8.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MJL Bangladesh stock overvalued right now?
Based on GuruFocus' analysis, MJL Bangladesh (DHA:MJLBD) is currently considered Fairly Valued. The stock's GF Value™ is BDT97.99, compared to a current price of BDT89.40 — trading 8.8% below its estimated fair value. The current Forward PE Ratio is 8.69 and 23.4% below the Oil & Gas industry median of 11.35. MJL Bangladesh's overall GF Score™ is 99/100 with 9 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 MJL Bangladesh (DHA:MJLBD), the current Forward PE Ratio is 8.69 as of Sep. 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 MJL Bangladesh (DHA:MJLBD) Overvalued in 2026?
Based on GuruFocus' analysis, MJL Bangladesh stock appears to be undervalued.
The current stock price of BDT89.40 is trading 8.8% below its estimated GF Value™ of BDT97.99.
GuruFocus considers MJL Bangladesh to be Fairly Valued.
Key valuation signals for DHA:MJLBD:
Forward PE Ratio: 8.69
GF Value™: BDT97.99 vs. price of BDT89.40 (8.8% below fair value)
Industry Position: 23.4% below the Oil & Gas median (#169 of 546)
No single metric tells the full story. See the DHA:MJLBD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MJL Bangladesh PLC is engaged in the blending and marketing of internationally recognised Mobil-branded lubricants in Bangladesh and is also diversified into lube oil trading and oil tanker operations. The Company serves the lubricant market across both the B2B (business-to-business) and B2C (business-to-consumer) segments. The B2B market segments served comprise industrial lubricants, marine lubricants and aviation lubricants, while the B2C market segments served comprise passenger vehicle lubricants, commercial vehicle lubricants and aviation lubricants. The Company also has a small e-commerce sales channel through its Lube Solution digital app and a modest export presence through sales in Nepal. Its operations and distribution network extend across Bangladesh.
99GF Score
Get the complete analysis for DHA:MJLBD
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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