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SSH Communications Security Oyj (FRA:XXH) 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 .
SSH Communications Security Oyj Forward PE Ratio Related Terms
SSH Communications Security Oyj Forward PE Ratio Historical Data
* 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.
SSH Communications Security Oyj Forward PE Ratio Chart
SSH Communications Security Oyj Annual Data
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Forward PE Ratio
SSH Communications Security Oyj Semi-Annual Data
Forward PE Ratio
FRA:XXH vs MSFT, ORCL, PLTR: Forward PE Ratio Comparison
For the Software - Infrastructure subindustry, SSH Communications Security 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.
SSH Communications Security Oyj Forward PE Ratio vs Software Industry
For the Software industry and Technology sector, SSH Communications Security Oyj's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where SSH Communications Security Oyj's Forward PE Ratio falls into.
SSH Communications Security Oyj Forward PE Ratio Calculation
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.
SSH Communications Security Oyj (FRA:XXH) has a Forward PE Ratio of 197.50 as of Aug. 18, 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 SSH Communications Security Oyj and its competitors. According to the industry distribution chart, SSH Communications Security Oyj ranks #1117 out of 1177 companies in the Software industry, placing it in the top 94.9%.
Is SSH Communications Security Oyj's Forward PE Ratio too high?
SSH Communications Security Oyj's current Forward PE Ratio is 197.50. The Software industry median Forward PE Ratio is 19.48. SSH Communications Security Oyj's value of 197.50 is 913.9% above this industry median. Based on the distribution chart, SSH Communications Security Oyj ranks #1117 out of 1177 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, SSH Communications Security Oyj has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SSH Communications Security Oyj's Forward PE Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, SSH Communications Security Oyj ranks #1117 out of 1177 companies for Forward PE Ratio. This places SSH Communications Security Oyj in the lower half of its industry. The industry median Forward PE Ratio is 19.48. SSH Communications Security Oyj's value of 197.50 is 913.9% 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 Software company?
The median Forward PE Ratio among Software companies is 19.48, based on 1,177 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. SSH Communications Security Oyj's current Forward PE Ratio of 197.50 is 913.9% 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 SSH Communications Security Oyj and its competitors. For the Software industry, the median Forward PE Ratio is 19.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SSH Communications Security Oyj's current Forward PE Ratio is 197.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SSH Communications Security Oyj stock overvalued right now?
Based on GuruFocus' analysis, SSH Communications Security Oyj (FRA:XXH) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.17, compared to a current price of €1.72 — trading 47.4% above its estimated fair value. The current Forward PE Ratio is 197.50 and 913.9% above the Software industry median of 19.48. SSH Communications Security Oyj's overall GF Score™ is 71/100 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 SSH Communications Security Oyj (FRA:XXH), the current Forward PE Ratio is 197.50 as of Aug. 18, 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 SSH Communications Security Oyj (FRA:XXH) Overvalued in 2026?
Based on GuruFocus' analysis, SSH Communications Security Oyj stock appears to be overvalued.
The current stock price of €1.72 is trading 47.4% above its estimated GF Value™ of €1.17.
GuruFocus considers SSH Communications Security Oyj to be Significantly Overvalued.
Key valuation signals for FRA:XXH:
Forward PE Ratio: 197.50
GF Value™: €1.17 vs. price of €1.72 (47.4% above fair value)
Industry Position: 913.9% above the Software median (#1117 of 1177)
No single metric tells the full story. See the FRA:XXH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SSH Communications Security Oyj is a provider of enterprise cybersecurity solutions that monitor, control, and automate trusted access to critical data. The company secures communications and access for and between humans, systems, and networks. The company provides software and professional services. The company products consist of Secure Mail, PrivX Hybrid PAM, Tectia SSH, and others. Geographically, the company provides its services to America, APAC, Europe, the Middle East and Africa (EMEA), and Finland. The company serves to customers from Finance, Retail, Industrial, Critical Infrastructure, Healthcare, and Government sectors.
71GF 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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