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Aviat Networks (FRA:HSD1) 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 .
Aviat Networks Forward PE Ratio Related Terms
Aviat Networks Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Aviat Networks'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.
Aviat Networks Forward PE Ratio Chart
Aviat Networks Annual Data
Trend
2020-06
2021-06
2022-06
2023-06
2024-06
2025-06
Forward PE Ratio
17.45
14.04
9.08
9.09
7.88
8.54
Aviat Networks Quarterly Data
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
Forward PE Ratio
9.53
7.93
17.45
10.74
12.09
14.31
14.04
14.51
12.22
10.25
9.08
8.64
9.45
9.46
9.09
8.20
8.73
9.05
7.88
4.99
18.22
6.42
8.54
8.63
8.40
7.53
FRA:HSD1 vs LTRX, BKTI, SILC: Forward PE Ratio Comparison
For the Communication Equipment subindustry, Aviat Networks'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.
Aviat Networks Forward PE Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Aviat Networks's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Aviat Networks'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.
Aviat Networks (FRA:HSD1) has a Forward PE Ratio of 6.80 as of Aug. 02, 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 Aviat Networks and its competitors. According to the industry distribution chart, Aviat Networks ranks #73 out of 1022 companies in the Hardware industry, placing it in the top 7.1%.
Is Aviat Networks' Forward PE Ratio too high?
Aviat Networks' current Forward PE Ratio is 6.80. The Hardware industry median Forward PE Ratio is 20.68. Aviat Networks' value of 6.80 is 67.1% below this industry median. Based on the distribution chart, Aviat Networks ranks #73 out of 1022 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Aviat Networks has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aviat Networks' Forward PE Ratio compare to LTRX and BKTI?
According to the Hardware industry distribution chart, Aviat Networks ranks #73 out of 1022 companies for Forward PE Ratio. This places Aviat Networks in the top 7% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 20.68. Aviat Networks' value of 6.80 is 67.1% below 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 20.68, based on 1,022 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. Aviat Networks's current Forward PE Ratio of 6.80 is 67.1% below 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 Aviat Networks and its competitors. For the Hardware industry, the median Forward PE Ratio is 20.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aviat Networks's current Forward PE Ratio is 6.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aviat Networks stock overvalued right now?
Based on GuruFocus' analysis, Aviat Networks (FRA:HSD1) is currently considered Fairly Valued. The stock's GF Value™ is €20.98, compared to a current price of €17.90 — trading 14.7% below its estimated fair value. The current Forward PE Ratio is 6.80 and 67.1% below the Hardware industry median of 20.68. Aviat Networks' overall GF Score™ is 79/100 with 6 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 Aviat Networks (FRA:HSD1), the current Forward PE Ratio is 6.80 as of Aug. 02, 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 Aviat Networks (FRA:HSD1) Overvalued in 2026?
Based on GuruFocus' analysis, Aviat Networks stock appears to be undervalued.
The current stock price of €17.90 is trading 14.7% below its estimated GF Value™ of €20.98.
GuruFocus considers Aviat Networks to be Fairly Valued.
Key valuation signals for FRA:HSD1:
Forward PE Ratio: 6.80
GF Value™: €20.98 vs. price of €17.90 (14.7% below fair value)
Industry Position: 67.1% below the Hardware median (#73 of 1022)
No single metric tells the full story. See the FRA:HSD1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aviat Networks Inc provides wireless transport and access networking solutions designed to support telecommunications operators and private network providers situated in various countries. The company offers a range of microwave and millimeter wave radios, network management tools, and services that enable high-capacity, secure, and reliable data transport over wireless networks. Its products serve diverse clients including mobile operators, public safety organizations, utilities, government agencies, and enterprise customers. Aviat generates revenue from the sale of its networking equipment, professional services, and ongoing support contracts. Its operations cover various regions including the Americas, Europe, Asia Pacific, the Middle East, and Africa.
79GF Score
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