Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Microbix Biosystems (OTCPK:MBXBF) 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 .
Microbix Biosystems Forward PE Ratio Related Terms
Microbix Biosystems Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Microbix Biosystems'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.
Microbix Biosystems Forward PE Ratio Chart
Microbix Biosystems Annual Data
Trend
2020-09
2021-09
2022-09
2023-09
2024-09
2025-09
Forward PE Ratio
31.65
12.79
11.30
10.38
17.09
6.66
Microbix Biosystems Quarterly Data
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
33.33
31.65
28.25
21.60
7.32
12.79
21.01
13.89
11.55
11.30
16.18
37.45
7.81
10.38
12.52
18.98
15.24
17.09
20.05
14.00
7.54
6.66
5.86
5.91
MBXBF vs VRTX, REGN, ALNY: Forward PE Ratio Comparison
For the Biotechnology subindustry, Microbix Biosystems'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.
Microbix Biosystems Forward PE Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Microbix Biosystems's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Microbix Biosystems'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.
Microbix Biosystems (MBXBF) has a Forward PE Ratio of 4.62 as of Jul. 15, 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 Microbix Biosystems and its competitors. According to the industry distribution chart, Microbix Biosystems ranks #48 out of 354 companies in the Biotechnology industry, placing it in the top 13.6%.
Is Microbix Biosystems' Forward PE Ratio too high?
Microbix Biosystems' current Forward PE Ratio is 4.62. The Biotechnology industry median Forward PE Ratio is 22.28. Microbix Biosystems' value of 4.62 is 79.3% below this industry median. Based on the distribution chart, Microbix Biosystems ranks #48 out of 354 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Microbix Biosystems has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Microbix Biosystems' Forward PE Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Microbix Biosystems ranks #48 out of 354 companies for Forward PE Ratio. This places Microbix Biosystems in the top 14% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 22.28. Microbix Biosystems' value of 4.62 is 79.3% 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 Biotechnology company?
The median Forward PE Ratio among Biotechnology companies is 22.28, based on 354 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. Microbix Biosystems's current Forward PE Ratio of 4.62 is 79.3% 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 Microbix Biosystems and its competitors. For the Biotechnology industry, the median Forward PE Ratio is 22.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Microbix Biosystems's current Forward PE Ratio is 4.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Microbix Biosystems stock overvalued right now?
Based on GuruFocus' analysis, Microbix Biosystems (MBXBF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.17, compared to a current price of $0.23 — trading 35.9% above its estimated fair value. The current Forward PE Ratio is 4.62 and 79.3% below the Biotechnology industry median of 22.28. Microbix Biosystems' overall GF Score™ is 51/100 with 8 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 Microbix Biosystems (MBXBF), the current Forward PE Ratio is 4.62 as of Jul. 15, 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 Microbix Biosystems (MBXBF) Overvalued in 2026?
Based on GuruFocus' analysis, Microbix Biosystems stock appears to be overvalued.
The current stock price of $0.23 is trading 35.9% above its estimated GF Value™ of $0.17.
GuruFocus considers Microbix Biosystems to be Significantly Overvalued.
Key valuation signals for MBXBF:
Forward PE Ratio: 4.62
GF Value™: $0.17 vs. price of $0.23 (35.9% above fair value)
Industry Position: 79.3% below the Biotechnology median (#48 of 354)
No single metric tells the full story. See the MBXBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Microbix Biosystems Inc develops biological products and technologies. There are two operating segments: The development, manufacturing, and sale of products relating to the medical diagnostics industry, namely antigens as test ingredients, quality assessment products to help ensure the accuracy of test workflows, and viral transport medium to enable collection of patient test samples; and the development and commercialization of novel and proprietary products or technologies such as Kinlytic. Geographically, it derives a majority of revenue from North America and also operates in Europe and other foreign countries.
51GF Score
Get the complete analysis for MBXBF
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MBXBF has been successfully added to your 
