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Houlihan Lokey (FRA:2HL) 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 .
Houlihan Lokey Forward PE Ratio Related Terms
Houlihan Lokey Forward PE Ratio Historical Data
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The historical data trend for Houlihan Lokey'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.
Houlihan Lokey Forward PE Ratio Chart
Houlihan Lokey Annual Data
Trend
2016-03
2017-03
2018-03
2019-03
2020-03
2021-03
2022-03
2023-03
2024-03
2025-03
2026-03
Forward PE Ratio
13.76
17.99
14.99
15.70
14.58
16.84
13.09
14.95
22.22
21.26
16.30
Houlihan Lokey 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
2026-06
Forward PE Ratio
15.20
13.76
13.81
14.77
17.39
17.99
17.57
18.80
19.42
14.99
17.09
16.13
11.98
15.70
15.06
15.15
15.60
14.58
19.31
20.83
18.80
16.84
17.64
19.96
16.39
13.09
12.61
14.20
14.04
14.95
18.94
20.49
21.55
22.22
23.98
28.65
25.95
21.26
24.82
26.69
19.86
16.30
17.20
FRA:2HL vs BMNR, WULF, SNEX: Forward PE Ratio Comparison
For the Capital Markets subindustry, Houlihan Lokey'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.
Houlihan Lokey Forward PE Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Houlihan Lokey's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Houlihan Lokey'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.
Houlihan Lokey (FRA:2HL) has a Forward PE Ratio of 17.45 as of Aug. 04, 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 Houlihan Lokey and its competitors. According to the industry distribution chart, Houlihan Lokey ranks #121 out of 221 companies in the Capital Markets industry, placing it in the top 54.8%.
Is Houlihan Lokey's Forward PE Ratio too high?
Houlihan Lokey's current Forward PE Ratio is 17.45. The Capital Markets industry median Forward PE Ratio is 16.20. Houlihan Lokey's value of 17.45 is 7.7% above this industry median. Based on the distribution chart, Houlihan Lokey ranks #121 out of 221 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Houlihan Lokey has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Houlihan Lokey's Forward PE Ratio compare to BMNR and WULF?
According to the Capital Markets industry distribution chart, Houlihan Lokey ranks #121 out of 221 companies for Forward PE Ratio. This places Houlihan Lokey in the lower half of its industry. The industry median Forward PE Ratio is 16.20. Houlihan Lokey's value of 17.45 is 7.7% 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 Capital Markets company?
The median Forward PE Ratio among Capital Markets companies is 16.20, based on 221 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. Houlihan Lokey's current Forward PE Ratio of 17.45 is 7.7% 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 Houlihan Lokey and its competitors. For the Capital Markets industry, the median Forward PE Ratio is 16.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Houlihan Lokey's current Forward PE Ratio is 17.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Houlihan Lokey stock overvalued right now?
Based on GuruFocus' analysis, Houlihan Lokey (FRA:2HL) is currently considered Significantly Undervalued. The stock's GF Value™ is €154.25, compared to a current price of €108.30 — trading 29.8% below its estimated fair value. The current Forward PE Ratio is 17.45 and 7.7% above the Capital Markets industry median of 16.20. Houlihan Lokey's overall GF Score™ is 79/100 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 Houlihan Lokey (FRA:2HL), the current Forward PE Ratio is 17.45 as of Aug. 04, 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 Houlihan Lokey (FRA:2HL) Overvalued in 2026?
Based on GuruFocus' analysis, Houlihan Lokey stock appears to be undervalued.
The current stock price of €108.30 is trading 29.8% below its estimated GF Value™ of €154.25.
GuruFocus considers Houlihan Lokey to be Significantly Undervalued.
Key valuation signals for FRA:2HL:
Forward PE Ratio: 17.45
GF Value™: €154.25 vs. price of €108.30 (29.8% below fair value)
Industry Position: 7.7% above the Capital Markets median (#121 of 221)
No single metric tells the full story. See the FRA:2HL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Houlihan Lokey Inc is an investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, valuation, and strategic consulting. The firm serves corporations, institutions, and governments world-wide with offices in the United States, Europe, and the Asia-Pacific region. The company operates in three segments. In the Corporate Finance business segment, it provides M&A and capital markets advisory services. Through the Financial Restructuring business segment, the company advises on some of the complex restructurings around the world. The Financial and Valuation Advisory Services business segment provides valuation and financial opinion, and financial and strategic consulting practices in the United States.
79GF 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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