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Applied Optoelectronics (HAM:A59) 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 .
Applied Optoelectronics Forward PE Ratio Related Terms
Applied Optoelectronics 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.
Applied Optoelectronics Forward PE Ratio Chart
Applied Optoelectronics Annual Data
Trend
2025-12
Forward PE Ratio
68.89
Applied Optoelectronics Quarterly Data
2025-12
2026-03
Forward PE Ratio
68.89
126.09
HAM:A59 vs VIAV, VSAT, ONDS: Forward PE Ratio Comparison
For the Communication Equipment subindustry, Applied Optoelectronics'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.
Applied Optoelectronics Forward PE Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Applied Optoelectronics's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Applied Optoelectronics's Forward PE Ratio falls into.
Applied Optoelectronics 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.
Applied Optoelectronics (HAM:A59) has a Forward PE Ratio of 117.70 as of Aug. 06, 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 Applied Optoelectronics and its competitors. According to the industry distribution chart, Applied Optoelectronics ranks #975 out of 1020 companies in the Hardware industry, placing it in the top 95.6%.
Is Applied Optoelectronics' Forward PE Ratio too high?
Applied Optoelectronics' current Forward PE Ratio is 117.70. The Hardware industry median Forward PE Ratio is 22.18. Applied Optoelectronics' value of 117.70 is 430.8% above this industry median. Based on the distribution chart, Applied Optoelectronics ranks #975 out of 1020 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Applied Optoelectronics has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Applied Optoelectronics' Forward PE Ratio compare to VIAV and VSAT?
According to the Hardware industry distribution chart, Applied Optoelectronics ranks #975 out of 1020 companies for Forward PE Ratio. This places Applied Optoelectronics in the lower half of its industry. The industry median Forward PE Ratio is 22.18. Applied Optoelectronics' value of 117.70 is 430.8% 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 22.18, based on 1,020 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. Applied Optoelectronics's current Forward PE Ratio of 117.70 is 430.8% 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 Applied Optoelectronics and its competitors. For the Hardware industry, the median Forward PE Ratio is 22.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Applied Optoelectronics's current Forward PE Ratio is 117.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Optoelectronics stock overvalued right now?
Based on GuruFocus' analysis, Applied Optoelectronics (HAM:A59) is currently considered Significantly Overvalued. The stock's GF Value™ is €18.33, compared to a current price of €116.50 — trading 535.6% above its estimated fair value. The current Forward PE Ratio is 117.70 and 430.8% above the Hardware industry median of 22.18. Applied Optoelectronics' overall GF Score™ is 35/100 with 7 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 Applied Optoelectronics (HAM:A59), the current Forward PE Ratio is 117.70 as of Aug. 06, 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 Applied Optoelectronics (HAM:A59) Overvalued in 2026?
Based on GuruFocus' analysis, Applied Optoelectronics stock appears to be overvalued.
The current stock price of €116.50 is trading 535.6% above its estimated GF Value™ of €18.33.
GuruFocus considers Applied Optoelectronics to be Significantly Overvalued.
Key valuation signals for HAM:A59:
Forward PE Ratio: 117.70
GF Value™: €18.33 vs. price of €116.50 (535.6% above fair value)
Industry Position: 430.8% above the Hardware median (#975 of 1020)
No single metric tells the full story. See the HAM:A59 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Applied Optoelectronics Inc is a provider of fiber-optic networking products, for four networking end-markets; internet data center, CATV, telecom, and FTTH. The Company designs and manufactures a wide range of optical communications products at varying levels of integration, from components, subassemblies, and modules to meet turn-key equipment. Through direct sales personnel, and manufacturing teams in the United States, China, and Taiwan, the company coordinates with customers to determine product design, qualifications, and performance. The Company has manufacturing and research and development facilities located in the U.S., Taiwan, and China.
35GF Score
Get the complete analysis for HAM:A59
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