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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 .
Netgear Forward PE Ratio Related Terms
Netgear Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Netgear'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.
Netgear Forward PE Ratio Chart
Netgear Annual Data
Trend
2015-12
2016-12
2017-12
2019-12
2020-12
2021-12
2022-12
2023-12
2025-12
Forward PE Ratio
16.18
17.64
19.49
12.11
13.37
17.73
18.12
25.06
95.37
Netgear Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2017-12
2018-03
2018-06
2019-03
2019-06
2019-09
2019-12
2020-03
2020-06
2020-09
2020-12
2021-03
2021-06
2021-12
2022-03
2022-09
2022-12
2023-03
2023-09
2023-12
2024-03
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
16.18
16.08
17.09
18.66
17.64
16.34
16.81
19.49
17.57
21.98
13.25
11.76
11.27
12.11
17.39
15.70
11.47
13.37
12.64
12.09
17.73
17.57
21.83
18.12
23.98
8.90
25.06
68.03
212.07
95.37
196.91
158.87
FRA:NGJ vs FEIM, ADTN, GILT: Forward PE Ratio Comparison
For the Communication Equipment subindustry, Netgear'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.
Netgear Forward PE Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Netgear's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Netgear'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.
Netgear (FRA:NGJ) has a Forward PE Ratio of 145.45 as of Aug. 16, 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 Netgear and its competitors. According to the industry distribution chart, Netgear ranks #977 out of 1024 companies in the Hardware industry, placing it in the top 95.4%.
Is Netgear's Forward PE Ratio too high?
Netgear's current Forward PE Ratio is 145.45. The Hardware industry median Forward PE Ratio is 22.24. Netgear's value of 145.45 is 554.1% above this industry median. Based on the distribution chart, Netgear ranks #977 out of 1024 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Netgear has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Netgear's Forward PE Ratio compare to FEIM and ADTN?
According to the Hardware industry distribution chart, Netgear ranks #977 out of 1024 companies for Forward PE Ratio. This places Netgear in the lower half of its industry. The industry median Forward PE Ratio is 22.24. Netgear's value of 145.45 is 554.1% 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 22.24, based on 1,024 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. Netgear's current Forward PE Ratio of 145.45 is 554.1% 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 Netgear and its competitors. For the Hardware industry, the median Forward PE Ratio is 22.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netgear's current Forward PE Ratio is 145.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netgear stock overvalued right now?
Netgear (FRA:NGJ) has a current Forward PE Ratio of 145.45. The stock's GF Value™ is €19.71, compared to a current price of €20.40 — trading 3.5% above its estimated fair value. The current Forward PE Ratio is 145.45 and 554.1% above the Hardware industry median of 22.24. Netgear's overall GF Score™ is 68/100 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 Netgear (FRA:NGJ), the current Forward PE Ratio is 145.45 as of Aug. 16, 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 Netgear (FRA:NGJ) Overvalued in 2026?
Based on GuruFocus' analysis, Netgear stock appears to be overvalued.
The current stock price of €20.40 is trading 3.5% above its estimated GF Value™ of €19.71.
Key valuation signals for FRA:NGJ:
Forward PE Ratio: 145.45
GF Value™: €19.71 vs. price of €20.40 (3.5% above fair value)
Industry Position: 554.1% above the Hardware median (#977 of 1024)
No single metric tells the full story. See the FRA:NGJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Netgear Inc provider of networking technologies for businesses, homes, and service providers. It delivers a wide range of intelligent solutions designed to unleash the full potential of connectivity. The group has two segments: Enterprise and Consumer which offers reliable, easy-to-use, high-performance networking solutions, including switches, routers, access points, software, and AV over IP technologies, tailored to meet the diverse needs of organizations of all sizes. The Home Networking and Mobile offers connectivity, powerful performance, and enhanced security features right out of the box, designed to help keep families safe online, and Others. It conduct business across three geographic territories: Americas; Europe, Middle East and Africa; and Asia Pacific.
68GF Score
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Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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