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.
Pernod Ricard (FRA:PER) 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 .
Pernod Ricard Forward PE Ratio Related Terms
Pernod Ricard Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Pernod Ricard'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.
Pernod Ricard Forward PE Ratio Chart
Pernod Ricard Annual Data
Trend
2016-06
2017-06
2018-06
2019-06
2020-06
2021-06
2022-06
2023-06
2024-06
2025-06
Forward PE Ratio
17.18
19.31
21.83
22.88
24.10
28.82
19.84
19.80
14.04
12.69
Pernod Ricard Semi-Annual Data
2015-12
2016-06
2016-12
2017-06
2017-12
2018-06
2018-12
2019-06
2019-12
2020-06
2020-12
2021-06
2021-12
2022-06
2022-12
2023-06
2023-12
2024-06
2024-12
2025-06
2025-12
Forward PE Ratio
19.57
17.18
17.99
19.31
22.94
21.83
23.15
22.88
23.15
24.10
28.57
28.82
28.82
19.84
19.23
19.80
17.12
14.04
14.59
12.69
12.10
FRA:PER vs BF.B: Forward PE Ratio Comparison
For the Beverages - Wineries & Distilleries subindustry, Pernod Ricard'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.
Pernod Ricard Forward PE Ratio vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Pernod Ricard's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Pernod Ricard'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.
Pernod Ricard (FRA:PER) has a Forward PE Ratio of 11.02 as of Jul. 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 Pernod Ricard and its competitors. According to the industry distribution chart, Pernod Ricard ranks #25 out of 107 companies in the Beverages - Alcoholic industry, placing it in the top 23.4%.
Is Pernod Ricard's Forward PE Ratio too high?
Pernod Ricard's current Forward PE Ratio is 11.02. The Beverages - Alcoholic industry median Forward PE Ratio is 14.82. Pernod Ricard's value of 11.02 is 25.6% below this industry median. Based on the distribution chart, Pernod Ricard ranks #25 out of 107 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Pernod Ricard has a GF Score™ of 84/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Pernod Ricard's Forward PE Ratio compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Pernod Ricard ranks #25 out of 107 companies for Forward PE Ratio. This places Pernod Ricard in the top 23% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 14.82. Pernod Ricard's value of 11.02 is 25.6% 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 Beverages - Alcoholic company?
The median Forward PE Ratio among Beverages - Alcoholic companies is 14.82, based on 107 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. Pernod Ricard's current Forward PE Ratio of 11.02 is 25.6% 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 Pernod Ricard and its competitors. For the Beverages - Alcoholic industry, the median Forward PE Ratio is 14.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pernod Ricard's current Forward PE Ratio is 11.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pernod Ricard stock overvalued right now?
Based on GuruFocus' analysis, Pernod Ricard (FRA:PER) is currently considered Possible Value Trap. The stock's GF Value™ is €103.89, compared to a current price of €64.00 — trading 38.4% below its estimated fair value. The current Forward PE Ratio is 11.02 and 25.6% below the Beverages - Alcoholic industry median of 14.82. Pernod Ricard's overall GF Score™ is 84/100 with 5 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 Pernod Ricard (FRA:PER), the current Forward PE Ratio is 11.02 as of Jul. 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 Pernod Ricard (FRA:PER) Overvalued in 2026?
Based on GuruFocus' analysis, Pernod Ricard stock appears to be undervalued.
The current stock price of €64.00 is trading 38.4% below its estimated GF Value™ of €103.89.
GuruFocus considers Pernod Ricard to be Possible Value Trap.
Key valuation signals for FRA:PER:
Forward PE Ratio: 11.02
GF Value™: €103.89 vs. price of €64.00 (38.4% below fair value)
Industry Position: 25.6% below the Beverages - Alcoholic median (#25 of 107)
No single metric tells the full story. See the FRA:PER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pernod Ricard was formed in 1975 through the merger of Pernod, founded in 1805, and Ricard, created in 1932. Through acquisitions, the firm has grown to become the world's second-largest distiller by volume, behind Diageo. Pernod Ricard possesses the most comprehensive spirits portfolio globally, distributing over 240 brands across 160 countries. Flagship spirits brands include Absolut vodka, Beefeater gin, Chivas Regal and The Glenlivet scotch whisky, Jameson Irish whiskey, Malibu rum, and Martell cognac. The firm has also shed noncore assets over the years, including several wine brands in 2025.
84GF Score
Get the complete analysis for FRA:PER
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:PER has been successfully added to your 
