Eregli Demir Ve Celik Fabrikalari TAS (OTCPK:ERELY) 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 .
Eregli Demir Ve Celik Fabrikalari TAS Forward PE Ratio Related Terms
Eregli Demir Ve Celik Fabrikalari TAS Forward PE Ratio Historical Data
* 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.
Eregli Demir Ve Celik Fabrikalari TAS Forward PE Ratio Chart
Eregli Demir Ve Celik Fabrikalari TAS Annual Data
Trend
2025-12
Forward PE Ratio
10.31
Eregli Demir Ve Celik Fabrikalari TAS Quarterly Data
2016-09
2017-06
2025-12
2026-03
Forward PE Ratio
13.02
8.45
10.31
16.39
ERELY vs NUE, STLD, RS: Forward PE Ratio Comparison
For the Steel subindustry, Eregli Demir Ve Celik Fabrikalari TAS'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.
Eregli Demir Ve Celik Fabrikalari TAS Forward PE Ratio vs Steel Industry
Eregli Demir Ve Celik Fabrikalari TAS Forward PE Ratio Calculation
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.
Eregli Demir Ve Celik Fabrikalari TAS (ERELY) has a Forward PE Ratio of 39.28 as of Jul. 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 Eregli Demir Ve Celik Fabrikalari TAS and its competitors. According to the industry distribution chart, Eregli Demir Ve Celik Fabrikalari TAS ranks #158 out of 179 companies in the Steel industry, placing it in the top 88.3%.
Is Eregli Demir Ve Celik Fabrikalari TAS's Forward PE Ratio too high?
Eregli Demir Ve Celik Fabrikalari TAS's current Forward PE Ratio is 39.28. The Steel industry median Forward PE Ratio is 13.42. Eregli Demir Ve Celik Fabrikalari TAS's value of 39.28 is 192.7% above this industry median. Based on the distribution chart, Eregli Demir Ve Celik Fabrikalari TAS ranks #158 out of 179 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Eregli Demir Ve Celik Fabrikalari TAS has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eregli Demir Ve Celik Fabrikalari TAS's Forward PE Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Eregli Demir Ve Celik Fabrikalari TAS ranks #158 out of 179 companies for Forward PE Ratio. This places Eregli Demir Ve Celik Fabrikalari TAS in the lower half of its industry. The industry median Forward PE Ratio is 13.42. Eregli Demir Ve Celik Fabrikalari TAS's value of 39.28 is 192.7% 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 Steel company?
The median Forward PE Ratio among Steel companies is 13.42, based on 179 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. Eregli Demir Ve Celik Fabrikalari TAS's current Forward PE Ratio of 39.28 is 192.7% 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 Eregli Demir Ve Celik Fabrikalari TAS and its competitors. For the Steel industry, the median Forward PE Ratio is 13.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eregli Demir Ve Celik Fabrikalari TAS's current Forward PE Ratio is 39.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eregli Demir Ve Celik Fabrikalari TAS stock overvalued right now?
Based on GuruFocus' analysis, Eregli Demir Ve Celik Fabrikalari TAS (ERELY) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.84, compared to a current price of $9.00 — trading 31.6% above its estimated fair value. The current Forward PE Ratio is 39.28 and 192.7% above the Steel industry median of 13.42. Eregli Demir Ve Celik Fabrikalari TAS's overall GF Score™ is 85/100 with 12 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 Eregli Demir Ve Celik Fabrikalari TAS (ERELY), the current Forward PE Ratio is 39.28 as of Jul. 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 Eregli Demir Ve Celik Fabrikalari TAS (ERELY) Overvalued in 2026?
Based on GuruFocus' analysis, Eregli Demir Ve Celik Fabrikalari TAS stock appears to be overvalued.
The current stock price of $9.00 is trading 31.6% above its estimated GF Value™ of $6.84.
GuruFocus considers Eregli Demir Ve Celik Fabrikalari TAS to be Significantly Overvalued.
Key valuation signals for ERELY:
Forward PE Ratio: 39.28
GF Value™: $6.84 vs. price of $9.00 (31.6% above fair value)
Industry Position: 192.7% above the Steel median (#158 of 179)
No single metric tells the full story. See the ERELY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eregli Demir Ve Celik Fabrikalari TAS Business Description
Eregli Demir Ve Celik Fabrikalari TAS is a Turkey-based company engaged in production of flat steel, long steel and other steel products. The company also provides engineering and project management services, as well as port services. As well, the company owns an iron ore mining arm. The company's steel products include hot-rolled product, cold-rolled product, galvanized products, metal packaging steel, billet, wire-rod, etc. These products are used in the automotive sector, manufacturing industry, projected works, consumer products, packaging industries and others. Most of the company's revenue comes from the Turkish domestic market.
85GF Score
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