LegrandMEX:LR 84 Forward PE Ratio is 26.34 as of Jul. 06, 2026. GuruFocus rates MEX:LR with a GF Score™ of 84/100 and a GF Value™ of MXN1,911.46 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,276 Industrial Products companies, Legrand ranks worse than 59.01% 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 .
Legrand Forward PE Ratio Related Terms
Legrand Forward PE Ratio Historical Data
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The historical data trend for Legrand'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.
Legrand Forward PE Ratio Chart
Legrand Annual Data
Trend
2018-12
2023-12
2024-12
2025-12
Forward PE Ratio
19.49
20.16
20.19
18.18
Legrand Quarterly Data
2018-09
2018-12
2019-03
2019-06
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
19.92
19.49
18.76
19.61
19.88
18.90
20.16
20.70
19.69
19.05
20.19
19.95
20.61
17.84
18.18
17.87
MEX:LR vs VRT, BE, HUBB: Forward PE Ratio Comparison
For the Electrical Equipment & Parts subindustry, Legrand'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.
Legrand Forward PE Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Legrand's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Legrand'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.
Legrand (MEX:LR) has a Forward PE Ratio of 26.34 as of Jul. 06, 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 Legrand and its competitors. According to the industry distribution chart, Legrand ranks #753 out of 1276 companies in the Industrial Products industry, placing it in the top 59%.
Is Legrand's Forward PE Ratio too high?
Legrand's current Forward PE Ratio is 26.34. The Industrial Products industry median Forward PE Ratio is 20.77. Legrand's value of 26.34 is 26.8% above this industry median. Based on the distribution chart, Legrand ranks #753 out of 1276 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Legrand has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Legrand's Forward PE Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Legrand ranks #753 out of 1276 companies for Forward PE Ratio. This places Legrand in the lower half of its industry. The industry median Forward PE Ratio is 20.77. Legrand's value of 26.34 is 26.8% 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 20.77, based on 1,276 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. Legrand's current Forward PE Ratio of 26.34 is 26.8% 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 Legrand and its competitors. For the Industrial Products industry, the median Forward PE Ratio is 20.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Legrand's current Forward PE Ratio is 26.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legrand stock overvalued right now?
Based on GuruFocus' analysis, Legrand (MEX:LR) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN1,911.46, compared to a current price of MXN3,065.30 — trading 60.4% above its estimated fair value. The current Forward PE Ratio is 26.34 and 26.8% above the Industrial Products industry median of 20.77. Legrand's overall GF Score™ is 84/100 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 Legrand (MEX:LR), the current Forward PE Ratio is 26.34 as of Jul. 06, 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 Legrand (MEX:LR) Overvalued in 2026?
Based on GuruFocus' analysis, Legrand stock appears to be overvalued.
The current stock price of MXN3,065.30 is trading 60.4% above its estimated GF Value™ of MXN1,911.46.
GuruFocus considers Legrand to be Significantly Overvalued.
Key valuation signals for MEX:LR:
Forward PE Ratio: 26.34
GF Value™: MXN1,911.46 vs. price of MXN3,065.30 (60.4% above fair value)
Industry Position: 26.8% above the Industrial Products median (#753 of 1276)
No single metric tells the full story. See the MEX:LR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Legrand is a global manufacturer of low-voltage electrical components, which are mostly used in residential (40%) and commercial (40%) buildings, as well as data centers. Its products include wiring devices, cable management, lighting, and audio visual equipment, sold under approximately 80 brands across 180 countries. Its products are sold primarily through specialist distributors that subsequently sell to installers/electricians. Legrand is a major supplier to global electrical equipment distributors. North America and Europe each account for 40% of group sales.
84GF Score
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