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Argent Industrial (JSE:ART) 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 .
Argent Industrial Forward PE Ratio Related Terms
Argent Industrial Forward PE Ratio Historical Data
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The historical data trend for Argent Industrial'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.
Argent Industrial Forward PE Ratio Chart
Argent Industrial Annual Data
Trend
Forward PE Ratio
Argent Industrial Semi-Annual Data
Forward PE Ratio
JSE:ART vs NUE, STLD, RS: Forward PE Ratio Comparison
For the Steel subindustry, Argent Industrial'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.
Argent Industrial Forward PE Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Argent Industrial's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Argent Industrial'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.
Argent Industrial (JSE:ART) has a Forward PE Ratio of 0.00 as of Jul. 14, 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 Argent Industrial and its competitors. According to the industry distribution chart, Argent Industrial ranks #999999 out of 179 companies in the Steel industry.
Is Argent Industrial's Forward PE Ratio too high?
Argent Industrial's current Forward PE Ratio is 0.00. Based on the distribution chart, Argent Industrial ranks #999999 out of 179 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Argent Industrial has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Argent Industrial's Forward PE Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Argent Industrial ranks #999999 out of 179 companies for Forward PE Ratio. This places Argent Industrial in the lower half of its industry. The industry median Forward PE Ratio is 13.70. 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 Steel company?
The median Forward PE Ratio among Steel companies is 13.70, based on 179 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. 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 Argent Industrial and its competitors. For the Steel industry, the median Forward PE Ratio is 13.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argent Industrial's current Forward PE Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argent Industrial stock overvalued right now?
Based on GuruFocus' analysis, Argent Industrial (JSE:ART) is currently considered Modestly Overvalued. The stock's GF Value™ is R29.95, compared to a current price of R38.13 — trading 27.3% above its estimated fair value. The current Forward PE Ratio is 0.00. Argent Industrial's overall GF Score™ is 72/100 with 6 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 Argent Industrial (JSE:ART), the current Forward PE Ratio is 0.00 as of Jul. 14, 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 Argent Industrial (JSE:ART) Overvalued in 2026?
Based on GuruFocus' analysis, Argent Industrial stock appears to be overvalued.
The current stock price of R38.13 is trading 27.3% above its estimated GF Value™ of R29.95.
GuruFocus considers Argent Industrial to be Modestly Overvalued.
Key valuation signals for JSE:ART:
Forward PE Ratio: 0.00
GF Value™: R29.95 vs. price of R38.13 (27.3% above fair value)
No single metric tells the full story. See the JSE:ART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Argent Industrial Ltd is a holding company that derives its income from the manufacturing and trading of steel and steel-related products, and properties. The company is organized into three operating divisions, namely Manufacturing, Steel trading, and Properties. The Manufacturing segment consists of manufacturing branded consumer goods. The steel trading segment makes up ferrous steel, aluminum, and stainless steel products. Steel products are also traded internally to the group's manufacturing businesses. The group charges rent for the properties. The company generates a majority of its revenue from manufacturing businesses. Geographically, it derives a majority of its revenue from South Africa and has a presence in the rest of the world.
72GF 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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