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KONE OyjLTS:0II2 +1.14%79 Forward PE Ratio is 23.13 as of Jul. 14, 2026. GuruFocus rates LTS:0II2 with a GF Score™ of 79/100 and a GF Value™ of €51.62 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,283 Industrial Products companies, KONE Oyj ranks worse than 58.22% 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 .
KONE Oyj Forward PE Ratio Related Terms
KONE Oyj Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for KONE Oyj'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.
KONE Oyj Forward PE Ratio Chart
KONE Oyj Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
21.01
21.60
22.22
20.92
28.82
31.06
27.40
25.58
21.69
22.45
26.87
KONE Oyj Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2017-09
2017-12
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
2023-06
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
21.01
22.08
21.37
21.55
21.60
21.32
22.52
22.08
22.22
21.10
23.31
22.32
20.92
22.68
27.86
26.04
28.82
27.03
34.72
34.25
31.06
33.22
34.25
27.70
27.40
25.19
23.04
20.04
25.58
26.25
25.45
19.34
21.69
20.79
22.62
25.77
22.45
24.41
27.25
25.87
26.87
25.07
LTS:0II2 vs GEV, ETN, PH: Forward PE Ratio Comparison
For the Specialty Industrial Machinery subindustry, KONE Oyj'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.
KONE Oyj Forward PE Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, KONE Oyj's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where KONE Oyj'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.
KONE Oyj (LTS:0II2) has a Forward PE Ratio of 23.13 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 KONE Oyj and its competitors. According to the industry distribution chart, KONE Oyj ranks #747 out of 1283 companies in the Industrial Products industry, placing it in the top 58.2%.
Is KONE Oyj's Forward PE Ratio too high?
KONE Oyj's current Forward PE Ratio is 23.13. The Industrial Products industry median Forward PE Ratio is 19.58. KONE Oyj's value of 23.13 is 18.1% above this industry median. Based on the distribution chart, KONE Oyj ranks #747 out of 1283 companies in the Industrial Products industry, which is below the industry midpoint. Overall, KONE Oyj has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KONE Oyj's Forward PE Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, KONE Oyj ranks #747 out of 1283 companies for Forward PE Ratio. This places KONE Oyj in the lower half of its industry. The industry median Forward PE Ratio is 19.58. KONE Oyj's value of 23.13 is 18.1% 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 an Industrial Products company?
The median Forward PE Ratio among Industrial Products companies is 19.58, based on 1,283 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. KONE Oyj's current Forward PE Ratio of 23.13 is 18.1% 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 KONE Oyj and its competitors. For the Industrial Products industry, the median Forward PE Ratio is 19.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KONE Oyj's current Forward PE Ratio is 23.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KONE Oyj stock overvalued right now?
Based on GuruFocus' analysis, KONE Oyj (LTS:0II2) is currently considered Fairly Valued. The stock's GF Value™ is €51.62, compared to a current price of €49.87 — trading 3.4% below its estimated fair value. The current Forward PE Ratio is 23.13 and 18.1% above the Industrial Products industry median of 19.58. KONE Oyj's overall GF Score™ is 79/100 with 3 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 KONE Oyj (LTS:0II2), the current Forward PE Ratio is 23.13 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 KONE Oyj (LTS:0II2) Overvalued in 2026?
Based on GuruFocus' analysis, KONE Oyj stock appears to be undervalued.
The current stock price of €49.87 is trading 3.4% below its estimated GF Value™ of €51.62.
GuruFocus considers KONE Oyj to be Fairly Valued.
Key valuation signals for LTS:0II2:
Forward PE Ratio: 23.13
GF Value™: €51.62 vs. price of €49.87 (3.4% below fair value)
Industry Position: 18.1% above the Industrial Products median (#747 of 1283)
No single metric tells the full story. See the LTS:0II2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kone is a global top-four supplier of elevators and escalators. Kone began producing elevators in Finland in 1918 and today generates revenue in three ways: selling new elevators and escalators, modernizing old equipment, and servicing its installed base. Most of the company's profit comes from the last activity, where contracts are rolled over annually with built-in price increases. The bulk of Kone's business is in elevators, which are more numerous globally than escalators. Its business model is similar to closest competitors Otis, Schindler, and TK Elevator.
79GF Score
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