Freedom Holding (NAS:FRHC) 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 .
Freedom Holding Forward PE Ratio Related Terms
Freedom Holding Forward PE Ratio Historical Data
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The historical data trend for Freedom Holding'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.
Freedom Holding Forward PE Ratio Chart
Freedom Holding Annual Data
Trend
2022-03
Forward PE Ratio
14.06
Freedom Holding Quarterly Data
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
Forward PE Ratio
16.53
16.42
15.95
14.06
9.78
11.70
FRHC vs VOYA, HTH, TMS: Forward PE Ratio Comparison
For the Financial Conglomerates subindustry, Freedom Holding'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.
Freedom Holding Forward PE Ratio vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Freedom Holding's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Freedom Holding'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.
Freedom Holding (FRHC) has a Forward PE Ratio of 0.00 as of Jul. 11, 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 Freedom Holding and its competitors. According to the industry distribution chart, Freedom Holding ranks #999999 out of 33 companies in the Diversified Financial Services industry.
Is Freedom Holding's Forward PE Ratio too high?
Freedom Holding's current Forward PE Ratio is 0.00. Based on the distribution chart, Freedom Holding ranks #999999 out of 33 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, Freedom Holding has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Freedom Holding's Forward PE Ratio compare to VOYA and HTH?
According to the Diversified Financial Services industry distribution chart, Freedom Holding ranks #999999 out of 33 companies for Forward PE Ratio. This places Freedom Holding in the lower half of its industry. The industry median Forward PE Ratio is 13.28. 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 Diversified Financial Services company?
The median Forward PE Ratio among Diversified Financial Services companies is 13.28, based on 33 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 Freedom Holding and its competitors. For the Diversified Financial Services industry, the median Forward PE Ratio is 13.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Freedom Holding'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 Freedom Holding stock overvalued right now?
Based on GuruFocus' analysis, Freedom Holding (FRHC) is currently considered Fairly Valued. The stock's GF Value™ is $154.46, compared to a current price of $166.69 — trading 7.9% above its estimated fair value. The current Forward PE Ratio is 0.00. Freedom Holding's overall GF Score™ is 80/100 with 12 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 Freedom Holding (FRHC), the current Forward PE Ratio is 0.00 as of Jul. 11, 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 Freedom Holding (FRHC) Overvalued in 2026?
Based on GuruFocus' analysis, Freedom Holding stock appears to be overvalued.
The current stock price of $166.69 is trading 7.9% above its estimated GF Value™ of $154.46.
GuruFocus considers Freedom Holding to be Fairly Valued.
Key valuation signals for FRHC:
Forward PE Ratio: 0.00
GF Value™: $154.46 vs. price of $166.69 (7.9% above fair value)
No single metric tells the full story. See the FRHC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Freedom Holding Corp is a holding company with its subsidiary it is engaged in securities brokerage, securities dealing for customers and account, market-making activities, investment research, investment counseling, investment banking services, retail and commercial banking, insurance products, payment services, and information processing services. It acts as a professional participant through its subsidiaries on the Kazakhstan Stock Exchange (KASE), Moscow Exchange (MOEX), Saint-Petersburg Exchange (SPB), the Ukrainian Exchange, the Uzbek Republican Currency Exchange (UZCE), and the Republican Stock Exchange of Tashkent (UZSE). Its segments are Brokerage, Banking, Insurance, and Others.
80GF Score
Get the complete analysis for FRHC
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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