Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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 .
Solteq Oyj Forward PE Ratio Related Terms
Solteq Oyj Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Solteq Oyj'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.
Solteq Oyj Forward PE Ratio Chart
Solteq Oyj Annual Data
Trend
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
19.27
10.30
13.26
16.72
13.55
21.40
Solteq Oyj Quarterly Data
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-06
2023-09
2023-12
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Forward PE Ratio
19.27
25.25
19.01
13.91
10.30
13.87
11.38
7.06
13.26
4.10
11.00
16.72
9.77
13.55
15.95
27.10
11.64
21.40
FRA:B3M vs IBM, ACN, FISV: Forward PE Ratio Comparison
For the Information Technology Services subindustry, Solteq Oyj'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.
Solteq Oyj Forward PE Ratio vs Software Industry
For the Software industry and Technology sector, Solteq Oyj's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Solteq Oyj'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.
Solteq Oyj (FRA:B3M) has a Forward PE Ratio of 32.60 as of Jul. 29, 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 Solteq Oyj and its competitors. According to the industry distribution chart, Solteq Oyj ranks #927 out of 1173 companies in the Software industry, placing it in the top 79%.
Is Solteq Oyj's Forward PE Ratio too high?
Solteq Oyj's current Forward PE Ratio is 32.60. The Software industry median Forward PE Ratio is 18.71. Solteq Oyj's value of 32.60 is 74.2% above this industry median. Based on the distribution chart, Solteq Oyj ranks #927 out of 1173 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Solteq Oyj has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Solteq Oyj's Forward PE Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Solteq Oyj ranks #927 out of 1173 companies for Forward PE Ratio. This places Solteq Oyj in the lower half of its industry. The industry median Forward PE Ratio is 18.71. Solteq Oyj's value of 32.60 is 74.2% 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 Software company?
The median Forward PE Ratio among Software companies is 18.71, based on 1,173 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. Solteq Oyj's current Forward PE Ratio of 32.60 is 74.2% 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 Solteq Oyj and its competitors. For the Software industry, the median Forward PE Ratio is 18.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solteq Oyj's current Forward PE Ratio is 32.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solteq Oyj stock overvalued right now?
Solteq Oyj (FRA:B3M) has a current Forward PE Ratio of 32.60. The stock's GF Value™ is €0.38, compared to a current price of €0.14 — trading 63.7% below its estimated fair value. The current Forward PE Ratio is 32.60 and 74.2% above the Software industry median of 18.71. Solteq Oyj's overall GF Score™ is 37/100 with 3 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 Solteq Oyj (FRA:B3M), the current Forward PE Ratio is 32.60 as of Jul. 29, 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 Solteq Oyj (FRA:B3M) Overvalued in 2026?
Based on GuruFocus' analysis, Solteq Oyj stock appears to be undervalued.
The current stock price of €0.14 is trading 63.7% below its estimated GF Value™ of €0.38.
Key valuation signals for FRA:B3M:
Forward PE Ratio: 32.60
GF Value™: €0.38 vs. price of €0.14 (63.7% below fair value)
Industry Position: 74.2% above the Software median (#927 of 1173)
No single metric tells the full story. See the FRA:B3M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Solteq Oyj is a provider of software solutions and IT services to the energy sector, retail industry, and e-commerce. The company operates with approximately 400 IT professionals in Finland, Sweden, Norway, Denmark, Poland, and the United Kingdom. It has two reportable business segments: Utilities and Retail & Commerce. The Utilities segment offers software solutions and services for the energy sector. The Retail & Commerce segment is focused on the software solutions and services related to retail industry and e-commerce. The company derives the majority of revenue from the Retail & Commerce segment and geographically from Finland.
37GF Score
Get the complete analysis for FRA:B3M
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:B3M has been successfully added to your 
