Migros Ticaret AS (IST:MGROS) 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 .
Migros Ticaret AS Forward PE Ratio Related Terms
Migros Ticaret AS Forward PE Ratio Historical Data
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The historical data trend for Migros Ticaret AS'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.
Migros Ticaret AS Forward PE Ratio Chart
Migros Ticaret AS Annual Data
Trend
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
140.85
35.97
9.12
11.39
14.80
9.64
Migros Ticaret AS Quarterly Data
2018-03
2018-06
2018-09
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
2025-12
2026-03
Forward PE Ratio
119.05
64.10
21.01
103.09
66.23
35.97
140.85
400.00
384.62
30.58
35.97
41.32
14.53
9.95
9.12
10.44
9.79
12.42
11.39
14.80
13.70
12.99
9.64
10.73
IST:MGROS vs KR, SFM, ACI: Forward PE Ratio Comparison
For the Grocery Stores subindustry, Migros Ticaret AS'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.
Migros Ticaret AS Forward PE Ratio vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Migros Ticaret AS's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Migros Ticaret AS'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.
Migros Ticaret AS (IST:MGROS) has a Forward PE Ratio of 12.01 as of Jul. 13, 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 Migros Ticaret AS and its competitors. According to the industry distribution chart, Migros Ticaret AS ranks #41 out of 129 companies in the Retail - Defensive industry, placing it in the top 31.8%.
Is Migros Ticaret AS's Forward PE Ratio too high?
Migros Ticaret AS's current Forward PE Ratio is 12.01. The Retail - Defensive industry median Forward PE Ratio is 14.28. Migros Ticaret AS's value of 12.01 is 15.9% below this industry median. Based on the distribution chart, Migros Ticaret AS ranks #41 out of 129 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Migros Ticaret AS has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Migros Ticaret AS's Forward PE Ratio compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Migros Ticaret AS ranks #41 out of 129 companies for Forward PE Ratio. This puts Migros Ticaret AS in the upper half of its industry. The industry median Forward PE Ratio is 14.28. Migros Ticaret AS's value of 12.01 is 15.9% 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 Retail - Defensive company?
The median Forward PE Ratio among Retail - Defensive companies is 14.28, 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. Migros Ticaret AS's current Forward PE Ratio of 12.01 is 15.9% 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 Migros Ticaret AS and its competitors. For the Retail - Defensive industry, the median Forward PE Ratio is 14.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Migros Ticaret AS's current Forward PE Ratio is 12.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Migros Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Migros Ticaret AS (IST:MGROS) is currently considered Fairly Valued. The stock's GF Value™ is ₺688.54, compared to a current price of ₺625.50 — trading 9.2% below its estimated fair value. The current Forward PE Ratio is 12.01 and 15.9% below the Retail - Defensive industry median of 14.28. Migros Ticaret AS's overall GF Score™ is 87/100 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 Migros Ticaret AS (IST:MGROS), the current Forward PE Ratio is 12.01 as of Jul. 13, 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 Migros Ticaret AS (IST:MGROS) Overvalued in 2026?
Based on GuruFocus' analysis, Migros Ticaret AS stock appears to be undervalued.
The current stock price of ₺625.50 is trading 9.2% below its estimated GF Value™ of ₺688.54.
GuruFocus considers Migros Ticaret AS to be Fairly Valued.
Key valuation signals for IST:MGROS:
Forward PE Ratio: 12.01
GF Value™: ₺688.54 vs. price of ₺625.50 (9.2% below fair value)
Industry Position: 15.9% below the Retail - Defensive median (#41 of 129)
No single metric tells the full story. See the IST:MGROS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Migros Ticaret AS is a Turkey-based company that is principally engaged in the retail business. The company also operates in the business lines of online food retailing and ready meals, payment and electronic money services, logistics services, media, shopping center management, and others.
87GF Score
Get the complete analysis for IST:MGROS
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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