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NetcareJSE:NTC -0.68%83 Forward PE Ratio is 10.71 as of Aug. 08, 2026. GuruFocus rates JSE:NTC with a GF Score™ of 83/100 and a GF Value™ of R16.96 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 313 Healthcare Providers & Services companies, Netcare ranks better than 81.79% on this metric.
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 .
Netcare Forward PE Ratio Related Terms
Netcare Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Netcare'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.
Netcare Forward PE Ratio Chart
Netcare Annual Data
Trend
2016-09
2018-09
2019-09
2025-09
Forward PE Ratio
13.93
12.29
10.53
8.86
Netcare Semi-Annual Data
2016-03
2016-09
2017-03
2018-03
2018-09
2019-03
2019-09
2020-03
2025-03
2025-09
2026-03
Forward PE Ratio
14.10
13.93
10.58
16.98
12.29
12.89
10.53
10.06
10.14
8.86
10.35
JSE:NTC vs HCA, THC, DVA: Forward PE Ratio Comparison
For the Medical Care Facilities subindustry, Netcare'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.
Netcare Forward PE Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Netcare's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Netcare'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.
Netcare (JSE:NTC) has a Forward PE Ratio of 10.71 as of Aug. 08, 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 Netcare and its competitors. According to the industry distribution chart, Netcare ranks #57 out of 313 companies in the Healthcare Providers & Services industry, placing it in the top 18.2%.
Is Netcare's Forward PE Ratio too high?
Netcare's current Forward PE Ratio is 10.71. The Healthcare Providers & Services industry median Forward PE Ratio is 19.19. Netcare's value of 10.71 is 44.2% below this industry median. Based on the distribution chart, Netcare ranks #57 out of 313 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Netcare has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Netcare's Forward PE Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Netcare ranks #57 out of 313 companies for Forward PE Ratio. This places Netcare in the top 18% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 19.19. Netcare's value of 10.71 is 44.2% 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 Healthcare Providers & Services company?
The median Forward PE Ratio among Healthcare Providers & Services companies is 19.19, based on 313 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. Netcare's current Forward PE Ratio of 10.71 is 44.2% 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 Netcare and its competitors. For the Healthcare Providers & Services industry, the median Forward PE Ratio is 19.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netcare's current Forward PE Ratio is 10.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netcare stock overvalued right now?
Based on GuruFocus' analysis, Netcare (JSE:NTC) is currently considered Modestly Overvalued. The stock's GF Value™ is R16.96, compared to a current price of R19.00 — trading 12% above its estimated fair value. The current Forward PE Ratio is 10.71 and 44.2% below the Healthcare Providers & Services industry median of 19.19. Netcare's overall GF Score™ is 83/100 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 Netcare (JSE:NTC), the current Forward PE Ratio is 10.71 as of Aug. 08, 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 Netcare (JSE:NTC) Overvalued in 2026?
Based on GuruFocus' analysis, Netcare stock appears to be overvalued.
The current stock price of R19.00 is trading 12% above its estimated GF Value™ of R16.96.
GuruFocus considers Netcare to be Modestly Overvalued.
Key valuation signals for JSE:NTC:
Forward PE Ratio: 10.71
GF Value™: R16.96 vs. price of R19.00 (12% above fair value)
Industry Position: 44.2% below the Healthcare Providers & Services median (#57 of 313)
No single metric tells the full story. See the JSE:NTC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Netcare Ltd operates a network of hospitals in South Africa. Its network also includes emergency, cancer care, diagnostic support, primary care, and renal care services as well as occupational health and wellness services. The firm operates in two segments: Hospital and emergency services and Primary Care. The Hospital and emergency services segment contributes to majority of the firm's revenue. Netcare's services include Netcare appointmed TM, Netcare Cancer Care, Netcare Family Connect Line, Netcare Occupational Health and Netcare Pharmacy.
83GF Score
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