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.
Credo Technology Group Holding (MEX:CRDON) 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 .
Credo Technology Group Holding Forward PE Ratio Related Terms
Credo Technology Group Holding Forward PE Ratio Historical Data
* 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.
Credo Technology Group Holding Forward PE Ratio Chart
Credo Technology Group Holding Annual Data
Trend
2023-04
2024-04
2025-04
2026-04
Forward PE Ratio
833.33
91.74
36.79
41.62
Credo Technology Group Holding Quarterly Data
2023-01
2023-04
2023-07
2023-10
2024-01
2024-04
2024-07
2024-10
2025-01
2025-04
2025-07
2025-10
2026-01
2026-04
Forward PE Ratio
33.00
833.33
555.56
434.78
56.82
91.74
53.48
109.85
84.00
36.79
59.41
77.74
34.94
41.62
MEX:CRDON vs MCHP, CBRS, ON: Forward PE Ratio Comparison
For the Semiconductors subindustry, Credo Technology Group Holding'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.
Credo Technology Group Holding Forward PE Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Credo Technology Group Holding's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Credo Technology Group Holding's Forward PE Ratio falls into.
Credo Technology Group Holding Forward PE Ratio Calculation
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.
Credo Technology Group Holding (MEX:CRDON) has a Forward PE Ratio of 37.95 as of Aug. 10, 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 Credo Technology Group Holding and its competitors. According to the industry distribution chart, Credo Technology Group Holding ranks #351 out of 552 companies in the Semiconductors industry, placing it in the top 63.6%.
Is Credo Technology Group Holding's Forward PE Ratio too high?
Credo Technology Group Holding's current Forward PE Ratio is 37.95. The Semiconductors industry median Forward PE Ratio is 30.26. Credo Technology Group Holding's value of 37.95 is 25.4% above this industry median. Based on the distribution chart, Credo Technology Group Holding ranks #351 out of 552 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Credo Technology Group Holding has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Credo Technology Group Holding's Forward PE Ratio compare to MCHP and CBRS?
According to the Semiconductors industry distribution chart, Credo Technology Group Holding ranks #351 out of 552 companies for Forward PE Ratio. This places Credo Technology Group Holding in the lower half of its industry. The industry median Forward PE Ratio is 30.26. Credo Technology Group Holding's value of 37.95 is 25.4% 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 Semiconductors company?
The median Forward PE Ratio among Semiconductors companies is 30.26, based on 552 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. Credo Technology Group Holding's current Forward PE Ratio of 37.95 is 25.4% 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 Credo Technology Group Holding and its competitors. For the Semiconductors industry, the median Forward PE Ratio is 30.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Credo Technology Group Holding's current Forward PE Ratio is 37.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Credo Technology Group Holding stock overvalued right now?
Based on GuruFocus' analysis, Credo Technology Group Holding (MEX:CRDON) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN3,809.02, compared to a current price of MXN4,273.00 — trading 12.2% above its estimated fair value. The current Forward PE Ratio is 37.95 and 25.4% above the Semiconductors industry median of 30.26. Credo Technology Group Holding's overall GF Score™ is 78/100 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 Credo Technology Group Holding (MEX:CRDON), the current Forward PE Ratio is 37.95 as of Aug. 10, 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 Credo Technology Group Holding (MEX:CRDON) Overvalued in 2026?
Based on GuruFocus' analysis, Credo Technology Group Holding stock appears to be overvalued.
The current stock price of MXN4,273.00 is trading 12.2% above its estimated GF Value™ of MXN3,809.02.
GuruFocus considers Credo Technology Group Holding to be Modestly Overvalued.
Key valuation signals for MEX:CRDON:
Forward PE Ratio: 37.95
GF Value™: MXN3,809.02 vs. price of MXN4,273.00 (12.2% above fair value)
Industry Position: 25.4% above the Semiconductors median (#351 of 552)
No single metric tells the full story. See the MEX:CRDON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Credo Technology Group Holding Ltd provides connectivity solutions for AI-driven applications, cloud computing, and hyperscale networks. Its high-speed copper and optical interconnect products support data infrastructure demands. The Company's product portfolio includes ZeroFlap (ZF) Active Electrical Cables (AECs), ZF optical transceivers, OmniConnect memory solutions, and retimers and DSPs for optical and copper Ethernet and PCIe, leveraging the PILOT diagnostic and analytics software platform. Its products are based on Serializer/Deserializer (SerDes) and Digital Signal Processor (DSP) technologies and include integrated circuits (ICs), Active Electrical Cables (AECs), SerDes Chiplets, and SerDes IP licensing solutions. The United States generates the maximum revenue.
78GF Score
Get the complete analysis for MEX:CRDON
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
MEX:CRDON has been successfully added to your 
