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Elisa OyjFRA:EIA -0.62%87 Forward PE Ratio is 14.83 as of Aug. 03, 2026. GuruFocus rates FRA:EIA with a GF Score™ of 87/100 and a GF Value™ of €44.11 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 210 Telecommunication Services companies, Elisa Oyj ranks worse than 50.48% 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 .
Elisa Oyj Forward PE Ratio Related Terms
Elisa Oyj Forward PE Ratio Historical Data
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The historical data trend for Elisa 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.
Elisa Oyj Forward PE Ratio Chart
Elisa Oyj Annual Data
Trend
2018-12
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
18.38
22.47
21.83
23.75
21.01
17.54
16.81
14.36
Elisa Oyj Quarterly Data
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
18.32
19.92
17.92
18.38
20.00
22.03
21.32
22.47
23.75
26.04
24.39
21.83
25.25
24.10
25.25
23.75
23.87
23.36
20.41
21.01
23.15
20.70
18.28
17.54
17.70
18.55
20.62
16.81
18.00
19.37
17.07
14.36
17.17
15.23
FRA:EIA vs VZ, TMUS, T: Forward PE Ratio Comparison
For the Telecom Services subindustry, Elisa 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.
Elisa Oyj Forward PE Ratio vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Elisa Oyj's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Elisa 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.
Elisa Oyj (FRA:EIA) has a Forward PE Ratio of 14.83 as of Aug. 03, 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 Elisa Oyj and its competitors. According to the industry distribution chart, Elisa Oyj ranks #106 out of 210 companies in the Telecommunication Services industry, placing it in the top 50.5%.
Is Elisa Oyj's Forward PE Ratio too high?
Elisa Oyj's current Forward PE Ratio is 14.83. The Telecommunication Services industry median Forward PE Ratio is 14.50. Elisa Oyj's value of 14.83 is 2.3% above this industry median. Based on the distribution chart, Elisa Oyj ranks #106 out of 210 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Elisa Oyj has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elisa Oyj's Forward PE Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Elisa Oyj ranks #106 out of 210 companies for Forward PE Ratio. This places Elisa Oyj in the lower half of its industry. The industry median Forward PE Ratio is 14.50. Elisa Oyj's value of 14.83 is 2.3% 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 Telecommunication Services company?
The median Forward PE Ratio among Telecommunication Services companies is 14.50, based on 210 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. Elisa Oyj's current Forward PE Ratio of 14.83 is 2.3% 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 Elisa Oyj and its competitors. For the Telecommunication Services industry, the median Forward PE Ratio is 14.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elisa Oyj's current Forward PE Ratio is 14.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elisa Oyj stock overvalued right now?
Based on GuruFocus' analysis, Elisa Oyj (FRA:EIA) is currently considered Modestly Undervalued. The stock's GF Value™ is €44.11, compared to a current price of €35.40 — trading 19.7% below its estimated fair value. The current Forward PE Ratio is 14.83 and 2.3% above the Telecommunication Services industry median of 14.50. Elisa Oyj's overall GF Score™ is 87/100 with 2 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 Elisa Oyj (FRA:EIA), the current Forward PE Ratio is 14.83 as of Aug. 03, 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 Elisa Oyj (FRA:EIA) Overvalued in 2026?
Based on GuruFocus' analysis, Elisa Oyj stock appears to be undervalued.
The current stock price of €35.40 is trading 19.7% below its estimated GF Value™ of €44.11.
GuruFocus considers Elisa Oyj to be Modestly Undervalued.
Key valuation signals for FRA:EIA:
Forward PE Ratio: 14.83
GF Value™: €44.11 vs. price of €35.40 (19.7% below fair value)
Industry Position: 2.3% above the Telecommunication Services median (#106 of 210)
No single metric tells the full story. See the FRA:EIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elisa Oyj is a telecommunications company that operates in two segments, Consumer Customers and Corporate Customers. The Consumer Customers segment provides consumers with telecommunications and communications services, such as fixed and mobile subscriptions with supplementary digital services, cable TV subscriptions, and Elisa Viihde entertainment service. The Corporate Customers segment provides corporate and public administration organizations with services such as IT and communication solutions for the digital environment and fixed and mobile subscriptions. The majority of revenue is generated from the Consumer Customers segment. The company generates the majority of its revenue in Finland.
87GF Score
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