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Grocery Outlet Holding (NAS:GO) 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 .
Grocery Outlet Holding Forward PE Ratio Related Terms
Grocery Outlet Holding Forward PE Ratio Historical Data
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The historical data trend for Grocery Outlet 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.
Grocery Outlet Holding Forward PE Ratio Chart
Grocery Outlet Holding Annual Data
Trend
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
39.53
37.88
28.25
23.75
22.08
16.41
12.33
Grocery Outlet Holding Quarterly Data
2019-09
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
42.19
39.53
37.17
38.91
35.09
37.88
35.71
34.01
20.88
28.25
35.21
41.84
25.00
23.75
29.15
30.96
22.57
22.08
24.45
21.83
16.16
16.41
18.28
17.08
17.24
12.33
14.22
GO vs NGVC, YSWY, VLGEA: Forward PE Ratio Comparison
For the Grocery Stores subindustry, Grocery Outlet 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.
Grocery Outlet Holding Forward PE Ratio vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Grocery Outlet Holding's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Grocery Outlet Holding's Forward PE Ratio falls into.
Grocery Outlet Holding 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.
Grocery Outlet Holding (GO) has a Forward PE Ratio of 19.39 as of Jul. 14, 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 Grocery Outlet Holding and its competitors. According to the industry distribution chart, Grocery Outlet Holding ranks #92 out of 129 companies in the Retail - Defensive industry, placing it in the top 71.3%.
Is Grocery Outlet Holding's Forward PE Ratio too high?
Grocery Outlet Holding's current Forward PE Ratio is 19.39. The Retail - Defensive industry median Forward PE Ratio is 14.44. Grocery Outlet Holding's value of 19.39 is 34.3% above this industry median. Based on the distribution chart, Grocery Outlet Holding ranks #92 out of 129 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Grocery Outlet Holding has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Grocery Outlet Holding's Forward PE Ratio compare to NGVC and YSWY?
According to the Retail - Defensive industry distribution chart, Grocery Outlet Holding ranks #92 out of 129 companies for Forward PE Ratio. This places Grocery Outlet Holding in the lower half of its industry. The industry median Forward PE Ratio is 14.44. Grocery Outlet Holding's value of 19.39 is 34.3% 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 Retail - Defensive company?
The median Forward PE Ratio among Retail - Defensive companies is 14.44, based on 129 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. Grocery Outlet Holding's current Forward PE Ratio of 19.39 is 34.3% 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 Grocery Outlet Holding and its competitors. For the Retail - Defensive industry, the median Forward PE Ratio is 14.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grocery Outlet Holding's current Forward PE Ratio is 19.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grocery Outlet Holding stock overvalued right now?
Based on GuruFocus' analysis, Grocery Outlet Holding (GO) is currently considered Possible Value Trap. The stock's GF Value™ is $19.38, compared to a current price of $9.85 — trading 49.2% below its estimated fair value. The current Forward PE Ratio is 19.39 and 34.3% above the Retail - Defensive industry median of 14.44. Grocery Outlet Holding's overall GF Score™ is 69/100 with 4 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 Grocery Outlet Holding (GO), the current Forward PE Ratio is 19.39 as of Jul. 14, 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 Grocery Outlet Holding (GO) Overvalued in 2026?
Based on GuruFocus' analysis, Grocery Outlet Holding stock appears to be undervalued.
The current stock price of $9.85 is trading 49.2% below its estimated GF Value™ of $19.38.
GuruFocus considers Grocery Outlet Holding to be Possible Value Trap.
Key valuation signals for GO:
Forward PE Ratio: 19.39
GF Value™: $19.38 vs. price of $9.85 (49.2% below fair value)
Industry Position: 34.3% above the Retail - Defensive median (#92 of 129)
No single metric tells the full story. See the GO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grocery Outlet Holding Corp is a grocery store operator in the United States. It is a retailer of quality, name-brand consumables and fresh products sold through a network of independently operated stores. The stores are run by Entrepreneurial independent operators which create a neighborhood feel through personalized customer service and a localized product offering.
69GF Score
Get the complete analysis for GO
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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