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Methode Electronics (NYSE:MEI) 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 .
Methode Electronics Forward PE Ratio Related Terms
Methode Electronics Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Methode Electronics'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.
Methode Electronics Forward PE Ratio Chart
Methode Electronics Annual Data
Trend
2022-04
2023-04
2025-04
2026-04
Forward PE Ratio
13.00
16.26
10.85
54.13
Methode Electronics Quarterly Data
2022-01
2022-04
2022-07
2022-10
2023-01
2023-04
2023-07
2023-10
2024-01
2024-10
2025-01
2025-04
2025-07
2026-01
2026-04
Forward PE Ratio
12.61
13.00
14.47
14.12
15.77
16.26
11.89
22.73
18.52
69.44
14.09
10.85
11.20
16.31
54.13
MEI vs KOPN, LPTH, OPTX: Forward PE Ratio Comparison
For the Electronic Components subindustry, Methode Electronics'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.
Methode Electronics Forward PE Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Methode Electronics's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Methode Electronics'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.
Methode Electronics (MEI) has a Forward PE Ratio of 98.90 as of Jul. 17, 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 Methode Electronics and its competitors. According to the industry distribution chart, Methode Electronics ranks #937 out of 1018 companies in the Hardware industry, placing it in the top 92%.
Is Methode Electronics' Forward PE Ratio too high?
Methode Electronics' current Forward PE Ratio is 98.90. The Hardware industry median Forward PE Ratio is 21.83. Methode Electronics' value of 98.90 is 353.2% above this industry median. Based on the distribution chart, Methode Electronics ranks #937 out of 1018 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Methode Electronics has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Methode Electronics' Forward PE Ratio compare to KOPN and LPTH?
According to the Hardware industry distribution chart, Methode Electronics ranks #937 out of 1018 companies for Forward PE Ratio. This places Methode Electronics in the lower half of its industry. The industry median Forward PE Ratio is 21.83. Methode Electronics' value of 98.90 is 353.2% 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 a Hardware company?
The median Forward PE Ratio among Hardware companies is 21.83, based on 1,018 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. Methode Electronics's current Forward PE Ratio of 98.90 is 353.2% 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 Methode Electronics and its competitors. For the Hardware industry, the median Forward PE Ratio is 21.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Methode Electronics's current Forward PE Ratio is 98.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Methode Electronics stock overvalued right now?
Based on GuruFocus' analysis, Methode Electronics (MEI) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.94, compared to a current price of $15.34 — trading 54.3% above its estimated fair value. The current Forward PE Ratio is 98.90 and 353.2% above the Hardware industry median of 21.83. Methode Electronics' overall GF Score™ is 63/100 with 4 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 Methode Electronics (MEI), the current Forward PE Ratio is 98.90 as of Jul. 17, 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 Methode Electronics (MEI) Overvalued in 2026?
Based on GuruFocus' analysis, Methode Electronics stock appears to be overvalued.
The current stock price of $15.34 is trading 54.3% above its estimated GF Value™ of $9.94.
GuruFocus considers Methode Electronics to be Significantly Overvalued.
Key valuation signals for MEI:
Forward PE Ratio: 98.90
GF Value™: $9.94 vs. price of $15.34 (54.3% above fair value)
Industry Position: 353.2% above the Hardware median (#937 of 1018)
No single metric tells the full story. See the MEI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Methode Electronics Inc supplier of custom-engineered solutions with sales, engineering, and manufacturing locations in North America, Europe, the Middle East, and Asia. It designs, engineers, and produces mechatronic products for Original Equipment Manufacturers (OEMs) utilizing a broad range of technologies for user interface, light-emitting diode (LED) lighting systems, power distribution, and sensor applications. The firm is organized into various business segments: Automotive, Industrial, Interface, and Medical. The Automotive segment, which generates maximum revenue, supplies electronic and electro-mechanical devices and related products to automobiles, including overhead and center consoles, hidden and ergonomic switches, insert molded components, LED-based lighting, and sensors.
63GF Score
Get the complete analysis for MEI
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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