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Harju Elekter Group (FRA:HD8) 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 .
Harju Elekter Group Forward PE Ratio Related Terms
Harju Elekter Group Forward PE Ratio Historical Data
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The historical data trend for Harju Elekter 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.
Harju Elekter Group Forward PE Ratio Chart
Harju Elekter Group Annual Data
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Forward PE Ratio
Harju Elekter Group Quarterly Data
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FRA:HD8 vs VRT, BE, HUBB: Forward PE Ratio Comparison
For the Electrical Equipment & Parts subindustry, Harju Elekter 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.
Harju Elekter Group Forward PE Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Harju Elekter Group's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Harju Elekter 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.
Harju Elekter Group (FRA:HD8) has a Forward PE Ratio of 0.00 as of Sep. 01, 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 Harju Elekter Group and its competitors. According to the industry distribution chart, Harju Elekter Group ranks #999999 out of 1296 companies in the Industrial Products industry.
Is Harju Elekter Group's Forward PE Ratio too high?
Harju Elekter Group's current Forward PE Ratio is 0.00. Based on the distribution chart, Harju Elekter Group ranks #999999 out of 1296 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Harju Elekter Group has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Harju Elekter Group's Forward PE Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Harju Elekter Group ranks #999999 out of 1296 companies for Forward PE Ratio. This places Harju Elekter Group in the lower half of its industry. The industry median Forward PE Ratio is 19.80. 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 an Industrial Products company?
The median Forward PE Ratio among Industrial Products companies is 19.80, based on 1,296 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. 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 Harju Elekter Group and its competitors. For the Industrial Products industry, the median Forward PE Ratio is 19.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harju Elekter Group's current Forward PE Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harju Elekter Group stock overvalued right now?
Based on GuruFocus' analysis, Harju Elekter Group (FRA:HD8) is currently considered Modestly Overvalued. The stock's GF Value™ is €4.10, compared to a current price of €4.89 — trading 19.3% above its estimated fair value. The current Forward PE Ratio is 0.00. Harju Elekter Group's overall GF Score™ is 66/100 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 Harju Elekter Group (FRA:HD8), the current Forward PE Ratio is 0.00 as of Sep. 01, 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 Harju Elekter Group (FRA:HD8) Overvalued in 2026?
Based on GuruFocus' analysis, Harju Elekter Group stock appears to be overvalued.
The current stock price of €4.89 is trading 19.3% above its estimated GF Value™ of €4.10.
GuruFocus considers Harju Elekter Group to be Modestly Overvalued.
Key valuation signals for FRA:HD8:
Forward PE Ratio: 0.00
GF Value™: €4.10 vs. price of €4.89 (19.3% above fair value)
No single metric tells the full story. See the FRA:HD8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harju Elekter Group is an Estonia-based company engaged in the production of electrical equipment. The company operates in two segments including Production and Real estate. Production segment are the design, sale, manufacturing and after-sales service of power distribution, switching and converting devices, as well as automation, process control and industrial control equipment. Production segment are the design, sale, manufacturing and after-sales service of power distribution, switching and converting devices, as well as automation, process control and industrial control equipment. Its Other activities include the management of financial investments, electrical installation works in shipbuilding, and the retail and project sales of electrical goods.
66GF Score
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