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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 .
IR-Med Forward PE Ratio Related Terms
IR-Med Forward PE Ratio Historical Data
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The historical data trend for IR-Med'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.
IR-Med Forward PE Ratio Chart
IR-Med Annual Data
Trend
Forward PE Ratio
IR-Med Quarterly Data
Forward PE Ratio
IRME vs SSKN, NUMD, WOK: Forward PE Ratio Comparison
For the Medical Devices subindustry, IR-Med'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.
IR-Med Forward PE Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, IR-Med's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where IR-Med'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.
IR-Med (IRME) has a Forward PE Ratio of 0.01 as of Aug. 02, 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 IR-Med and its competitors.
Is IR-Med's Forward PE Ratio too high?
IR-Med's current Forward PE Ratio is 0.01. The Medical Devices & Instruments industry median Forward PE Ratio is 19.38. IR-Med's value of 0.01 is 99.9% below this industry median.
How does IR-Med's Forward PE Ratio compare to SSKN and NUMD?
IR-Med's Forward PE Ratio of 0.01 can be compared against companies in the Medical Devices & Instruments industry. The industry median Forward PE Ratio is 19.38. IR-Med's value of 0.01 is 99.9% 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 Medical Devices & Instruments company?
The median Forward PE Ratio among Medical Devices & Instruments companies is 19.38, based on 391 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. IR-Med's current Forward PE Ratio of 0.01 is 99.9% 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 IR-Med and its competitors. For the Medical Devices & Instruments industry, the median Forward PE Ratio is 19.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IR-Med's current Forward PE Ratio is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IR-Med stock overvalued right now?
IR-Med (IRME) has a current Forward PE Ratio of 0.01. The current Forward PE Ratio is 0.01 and 99.9% below the Medical Devices & Instruments industry median of 19.38. 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 IR-Med (IRME), the current Forward PE Ratio is 0.01 as of Aug. 02, 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.
IR-Med Inc is a development-stage medical device company that is developing its technology through its Subsidiary and utilizing Infra-Red-light spectroscopy (IR) combined with Artificial Intelligence (AI) technology to develop non-invasive devices for various medical indications. These devices detect and measure biomarkers and molecules in blood and human tissue in real-time.
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