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Fresenius Medical Care AG (OTCPK:FMCQF) 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 .
Fresenius Medical Care AG Forward PE Ratio Related Terms
Fresenius Medical Care AG 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.
Fresenius Medical Care AG Forward PE Ratio Chart
Fresenius Medical Care AG Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
16.81
17.86
20.37
12.64
14.01
12.76
14.14
9.56
14.56
12.44
9.80
Fresenius Medical Care AG Quarterly Data
2015-12
2016-03
2016-06
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
16.81
13.59
20.49
18.18
17.86
18.73
21.74
17.95
20.37
17.73
18.80
18.18
12.64
16.05
15.60
13.12
14.01
12.11
15.70
13.18
12.76
14.43
17.45
14.20
14.14
14.77
11.03
7.91
9.56
12.09
15.82
15.77
14.56
12.44
10.95
10.37
12.44
12.74
13.46
10.92
9.80
10.22
FMCQF vs HCA, THC, DVA: Forward PE Ratio Comparison
For the Medical Care Facilities subindustry, Fresenius Medical Care AG'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.
Fresenius Medical Care AG Forward PE Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Fresenius Medical Care AG's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Fresenius Medical Care AG's Forward PE Ratio falls into.
Fresenius Medical Care AG 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.
Fresenius Medical Care AG (FMCQF) has a Forward PE Ratio of 9.76 as of Jul. 19, 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 Fresenius Medical Care AG and its competitors. According to the industry distribution chart, Fresenius Medical Care AG ranks #56 out of 313 companies in the Healthcare Providers & Services industry, placing it in the top 17.9%.
Is Fresenius Medical Care AG's Forward PE Ratio too high?
Fresenius Medical Care AG's current Forward PE Ratio is 9.76. The Healthcare Providers & Services industry median Forward PE Ratio is 18.61. Fresenius Medical Care AG's value of 9.76 is 47.6% below this industry median. Based on the distribution chart, Fresenius Medical Care AG ranks #56 out of 313 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Fresenius Medical Care AG has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fresenius Medical Care AG's Forward PE Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Fresenius Medical Care AG ranks #56 out of 313 companies for Forward PE Ratio. This places Fresenius Medical Care AG in the top 18% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 18.61. Fresenius Medical Care AG's value of 9.76 is 47.6% 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 a Healthcare Providers & Services company?
The median Forward PE Ratio among Healthcare Providers & Services companies is 18.61, based on 313 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. Fresenius Medical Care AG's current Forward PE Ratio of 9.76 is 47.6% 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 Fresenius Medical Care AG and its competitors. For the Healthcare Providers & Services industry, the median Forward PE Ratio is 18.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fresenius Medical Care AG's current Forward PE Ratio is 9.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fresenius Medical Care AG stock overvalued right now?
Based on GuruFocus' analysis, Fresenius Medical Care AG (FMCQF) is currently considered Fairly Valued. The stock's GF Value™ is $47.36, compared to a current price of $44.59 — trading 5.8% below its estimated fair value. The current Forward PE Ratio is 9.76 and 47.6% below the Healthcare Providers & Services industry median of 18.61. Fresenius Medical Care AG's overall GF Score™ is 74/100 with 4 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 Fresenius Medical Care AG (FMCQF), the current Forward PE Ratio is 9.76 as of Jul. 19, 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 Fresenius Medical Care AG (FMCQF) Overvalued in 2026?
Based on GuruFocus' analysis, Fresenius Medical Care AG stock appears to be undervalued.
The current stock price of $44.59 is trading 5.8% below its estimated GF Value™ of $47.36.
GuruFocus considers Fresenius Medical Care AG to be Fairly Valued.
Key valuation signals for FMCQF:
Forward PE Ratio: 9.76
GF Value™: $47.36 vs. price of $44.59 (5.8% below fair value)
Industry Position: 47.6% below the Healthcare Providers & Services median (#56 of 313)
No single metric tells the full story. See the FMCQF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fresenius Medical Care is the largest dialysis company in the world, treating nearly 300,000 patients from about 3,600 clinics worldwide as of December 2025. In addition to providing dialysis services, the firm is a leading supplier of dialysis products, including machines, dialyzers, and concentrates. Fresenius accounts for about 35% of the global dialysis products market, creating the world's only fully integrated dialysis business. Services account for about three-fourths of sales, while the balance is generated from medical technology products that enable dialysis treatments.
74GF Score
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