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Himax Technologies (NAS:HIMX) 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 .
Himax Technologies Forward PE Ratio Related Terms
Himax Technologies Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Himax Technologies'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.
Himax Technologies Forward PE Ratio Chart
Himax Technologies Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
65.79
16.31
38.76
30.96
20.49
6.39
8.89
9.82
32.49
17.43
Himax Technologies Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2017-09
2017-12
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
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
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
65.79
51.02
23.70
17.15
16.31
28.99
217.39
54.64
38.76
44.05
93.46
34.01
30.96
96.15
46.73
18.25
41.67
16.18
20.49
12.44
7.39
4.52
6.39
4.57
5.60
6.12
8.89
12.38
15.04
9.44
9.82
32.49
18.71
23.42
14.38
17.43
19.02
HIMX vs WOLF, AIP, AMBQ: Forward PE Ratio Comparison
For the Semiconductors subindustry, Himax Technologies'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.
Himax Technologies Forward PE Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Himax Technologies's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Himax Technologies'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.
Himax Technologies (HIMX) has a Forward PE Ratio of 25.06 as of Jul. 26, 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 Himax Technologies and its competitors. According to the industry distribution chart, Himax Technologies ranks #229 out of 550 companies in the Semiconductors industry, placing it in the top 41.6%.
Is Himax Technologies' Forward PE Ratio too high?
Himax Technologies' current Forward PE Ratio is 25.06. The Semiconductors industry median Forward PE Ratio is 29.76. Himax Technologies' value of 25.06 is 15.8% below this industry median. Based on the distribution chart, Himax Technologies ranks #229 out of 550 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Himax Technologies has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Himax Technologies' Forward PE Ratio compare to WOLF and AIP?
According to the Semiconductors industry distribution chart, Himax Technologies ranks #229 out of 550 companies for Forward PE Ratio. This puts Himax Technologies in the upper half of its industry. The industry median Forward PE Ratio is 29.76. Himax Technologies' value of 25.06 is 15.8% 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 Semiconductors company?
The median Forward PE Ratio among Semiconductors companies is 29.76, based on 550 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. Himax Technologies's current Forward PE Ratio of 25.06 is 15.8% 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 Himax Technologies and its competitors. For the Semiconductors industry, the median Forward PE Ratio is 29.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Himax Technologies's current Forward PE Ratio is 25.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Himax Technologies stock overvalued right now?
Based on GuruFocus' analysis, Himax Technologies (HIMX) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.65, compared to a current price of $12.63 — trading 89.9% above its estimated fair value. The current Forward PE Ratio is 25.06 and 15.8% below the Semiconductors industry median of 29.76. Himax Technologies' overall GF Score™ is 67/100 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 Himax Technologies (HIMX), the current Forward PE Ratio is 25.06 as of Jul. 26, 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 Himax Technologies (HIMX) Overvalued in 2026?
Based on GuruFocus' analysis, Himax Technologies stock appears to be overvalued.
The current stock price of $12.63 is trading 89.9% above its estimated GF Value™ of $6.65.
GuruFocus considers Himax Technologies to be Significantly Overvalued.
Key valuation signals for HIMX:
Forward PE Ratio: 25.06
GF Value™: $6.65 vs. price of $12.63 (89.9% above fair value)
Industry Position: 15.8% below the Semiconductors median (#229 of 550)
No single metric tells the full story. See the HIMX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Himax Technologies Inc is a semiconductor solution provider dedicated to display imaging processing technologies. It operates through the Driver Integrated Circuit and Non-Driver Products segments. The majority of the firm's revenue is derived from the Driver Integrated Circuit segment. It offers display driver ICs and timing controllers used in TVs, laptops, monitors, mobile phones, tablets, digital cameras, virtual reality (VR) devices, and many other consumer electronics devices. It also designs and provides controllers for touch sensor displays, in-cell Touch and Display Driver Integration single-chip solutions, LED driver ICs, power management ICs, and scaler products for monitors and projectors. Geographically, it generates the majority of its revenue from China.
67GF 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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