Indorama Ventures PCL (OTCPK:INDOY) 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 .
Indorama Ventures PCL Forward PE Ratio Related Terms
Indorama Ventures PCL Forward PE Ratio Historical Data
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The historical data trend for Indorama Ventures PCL'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.
Indorama Ventures PCL Forward PE Ratio Chart
Indorama Ventures PCL Annual Data
Trend
2018-12
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
10.29
10.52
14.88
9.61
5.82
8.33
12.53
20.06
Indorama Ventures PCL Quarterly Data
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
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
2023-09
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
17.21
12.29
10.13
10.29
10.67
12.06
10.02
10.52
8.10
18.83
8.45
14.88
17.36
15.29
13.53
9.61
9.15
8.62
6.58
5.82
9.94
7.47
8.33
13.77
12.48
8.80
12.53
12.19
12.53
14.63
20.06
21.55
INDOY vs DOW: Forward PE Ratio Comparison
For the Chemicals subindustry, Indorama Ventures PCL'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.
Indorama Ventures PCL Forward PE Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Indorama Ventures PCL's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Indorama Ventures PCL's Forward PE Ratio falls into.
Indorama Ventures PCL 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.
Indorama Ventures PCL (INDOY) has a Forward PE Ratio of 22.46 as of Jul. 07, 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 Indorama Ventures PCL and its competitors. According to the industry distribution chart, Indorama Ventures PCL ranks #394 out of 659 companies in the Chemicals industry, placing it in the top 59.8%.
Is Indorama Ventures PCL's Forward PE Ratio too high?
Indorama Ventures PCL's current Forward PE Ratio is 22.46. The Chemicals industry median Forward PE Ratio is 19.29. Indorama Ventures PCL's value of 22.46 is 16.4% above this industry median. Based on the distribution chart, Indorama Ventures PCL ranks #394 out of 659 companies in the Chemicals industry, which is below the industry midpoint. Overall, Indorama Ventures PCL has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Indorama Ventures PCL's Forward PE Ratio compare to DOW?
According to the Chemicals industry distribution chart, Indorama Ventures PCL ranks #394 out of 659 companies for Forward PE Ratio. This places Indorama Ventures PCL in the lower half of its industry. The industry median Forward PE Ratio is 19.29. Indorama Ventures PCL's value of 22.46 is 16.4% 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 Chemicals company?
The median Forward PE Ratio among Chemicals companies is 19.29, based on 659 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. Indorama Ventures PCL's current Forward PE Ratio of 22.46 is 16.4% 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 Indorama Ventures PCL and its competitors. For the Chemicals industry, the median Forward PE Ratio is 19.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indorama Ventures PCL's current Forward PE Ratio is 22.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indorama Ventures PCL stock overvalued right now?
Indorama Ventures PCL (INDOY) has a current Forward PE Ratio of 22.46. The stock's GF Value™ is $6.01, compared to a current price of $7.03 — trading 17% above its estimated fair value. The current Forward PE Ratio is 22.46 and 16.4% above the Chemicals industry median of 19.29. Indorama Ventures PCL's overall GF Score™ is 69/100 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 Indorama Ventures PCL (INDOY), the current Forward PE Ratio is 22.46 as of Jul. 07, 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 Indorama Ventures PCL (INDOY) Overvalued in 2026?
Based on GuruFocus' analysis, Indorama Ventures PCL stock appears to be overvalued.
The current stock price of $7.03 is trading 17% above its estimated GF Value™ of $6.01.
Key valuation signals for INDOY:
Forward PE Ratio: 22.46
GF Value™: $6.01 vs. price of $7.03 (17% above fair value)
Industry Position: 16.4% above the Chemicals median (#394 of 659)
No single metric tells the full story. See the INDOY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indorama Ventures PCL is engaged in the manufacture and distribution of Polyethylene Terephthalate, Purified Terephthalic Acid, Paraxylene, recycling, Purified Isophthalic Acid, Naphthalene Dicarboxylate, PET preforms and packaging, Integrated EG, Integrated purified EO, PO/MTBE, Integrated Surfactants comprising EOA, LAB and others, Fibers including Polyester, Rayon, Nylon, Polypropylene, composites and worsted wool fibers products. The company operates in three reportable segments Combined PET, Integrated Oxides and Derivatives and Fibers. The maximum revenue is derived from the Combined PET segment.
69GF Score
Get the complete analysis for INDOY
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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