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LGL GroupFRA:51L -1.54%43 Forward PE Ratio is 117.65 as of Aug. 22, 2026. GuruFocus rates FRA:51L with a GF Score™ of 43/100. The stock has 5 warning signs investors should review. Among 1,025 Hardware companies, LGL Group ranks worse than 94.63% on this metric.
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 .
LGL Group Forward PE Ratio Related Terms
LGL Group Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for LGL Group'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.
LGL Group Forward PE Ratio Chart
LGL Group Annual Data
Trend
2021-12
2022-12
2023-12
Forward PE Ratio
23.04
17.54
25.58
LGL Group Quarterly Data
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2026-06
Forward PE Ratio
26.60
23.04
26.95
88.50
26.18
17.54
19.42
20.41
18.45
25.58
114.42
FRA:51L vs MIND, ACFN, AATC: Forward PE Ratio Comparison
For the Scientific & Technical Instruments subindustry, LGL Group'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.
LGL Group Forward PE Ratio vs Hardware Industry
For the Hardware industry and Technology sector, LGL Group's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where LGL Group'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.
LGL Group (FRA:51L) has a Forward PE Ratio of 117.65 as of Aug. 22, 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 LGL Group and its competitors. According to the industry distribution chart, LGL Group ranks #970 out of 1025 companies in the Hardware industry, placing it in the top 94.6%.
Is LGL Group's Forward PE Ratio too high?
LGL Group's current Forward PE Ratio is 117.65. The Hardware industry median Forward PE Ratio is 21.47. LGL Group's value of 117.65 is 448% above this industry median. Based on the distribution chart, LGL Group ranks #970 out of 1025 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, LGL Group has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does LGL Group's Forward PE Ratio compare to MIND and ACFN?
According to the Hardware industry distribution chart, LGL Group ranks #970 out of 1025 companies for Forward PE Ratio. This places LGL Group in the lower half of its industry. The industry median Forward PE Ratio is 21.47. LGL Group's value of 117.65 is 448% 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 21.47, based on 1,025 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. LGL Group's current Forward PE Ratio of 117.65 is 448% 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 LGL Group and its competitors. For the Hardware industry, the median Forward PE Ratio is 21.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LGL Group's current Forward PE Ratio is 117.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LGL Group stock overvalued right now?
LGL Group (FRA:51L) has a current Forward PE Ratio of 117.65. The current Forward PE Ratio is 117.65 and 448% above the Hardware industry median of 21.47. LGL Group's overall GF Score™ is 43/100 with 5 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 LGL Group (FRA:51L), the current Forward PE Ratio is 117.65 as of Aug. 22, 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.
LGL Group Inc is a holding company engaged in services, merchant investment, and manufacturing business activities. The company has two reportable segments: Electronic Instruments and Merchant Investment. The Electronic Instruments segment, which generates key revenue, is focused on designing and manufacturing high-performance Frequency and Time reference standards that form the basis for timing and synchronization in various applications, including satellite communication, time transfer systems, network synchronization, electricity distribution, and metrology. The Merchant Investment segment comprises various investment vehicles in which the company invests its capital.
43GF Score
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