Mitsubishi Electric (MEX:MITSN) 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 .
Mitsubishi Electric Forward PE Ratio Related Terms
Mitsubishi Electric Forward PE Ratio Historical Data
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The historical data trend for Mitsubishi Electric'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.
Mitsubishi Electric Forward PE Ratio Chart
Mitsubishi Electric Annual Data
Trend
2019-03
2021-03
2022-03
2025-03
2026-03
Forward PE Ratio
10.31
16.16
13.64
14.81
23.20
Mitsubishi Electric Quarterly Data
2018-12
2019-03
2021-03
2021-06
2021-09
2022-03
2022-12
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
8.98
10.31
16.16
16.95
13.53
13.64
11.24
15.82
13.70
14.81
15.29
21.42
21.33
23.20
MEX:MITSN vs VRT, BE: Forward PE Ratio Comparison
For the Electrical Equipment & Parts subindustry, Mitsubishi Electric'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.
Mitsubishi Electric Forward PE Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mitsubishi Electric's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Mitsubishi Electric'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.
Mitsubishi Electric (MEX:MITSN) has a Forward PE Ratio of 27.09 as of Jun. 24, 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 Mitsubishi Electric and its competitors. According to the industry distribution chart, Mitsubishi Electric ranks #774 out of 1278 companies in the Industrial Products industry, placing it in the top 60.6%.
Is Mitsubishi Electric's Forward PE Ratio too high?
Mitsubishi Electric's current Forward PE Ratio is 27.09. The Industrial Products industry median Forward PE Ratio is 20.99. Mitsubishi Electric's value of 27.09 is 29.1% above this industry median. Based on the distribution chart, Mitsubishi Electric ranks #774 out of 1278 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Mitsubishi Electric has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Electric's Forward PE Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Mitsubishi Electric ranks #774 out of 1278 companies for Forward PE Ratio. This places Mitsubishi Electric in the lower half of its industry. The industry median Forward PE Ratio is 20.99. Mitsubishi Electric's value of 27.09 is 29.1% 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 20.99, based on 1,278 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. Mitsubishi Electric's current Forward PE Ratio of 27.09 is 29.1% 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 Mitsubishi Electric and its competitors. For the Industrial Products industry, the median Forward PE Ratio is 20.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsubishi Electric's current Forward PE Ratio is 27.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Electric stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi Electric (MEX:MITSN) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN343.30, compared to a current price of MXN714.27 — trading 108.1% above its estimated fair value. The current Forward PE Ratio is 27.09 and 29.1% above the Industrial Products industry median of 20.99. Mitsubishi Electric's overall GF Score™ is 60/100 with 7 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 Mitsubishi Electric (MEX:MITSN), the current Forward PE Ratio is 27.09 as of Jun. 24, 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 Mitsubishi Electric (MEX:MITSN) Overvalued in 2026?
Based on GuruFocus' analysis, Mitsubishi Electric stock appears to be overvalued.
The current stock price of MXN714.27 is trading 108.1% above its estimated GF Value™ of MXN343.30.
GuruFocus considers Mitsubishi Electric to be Significantly Overvalued.
Key valuation signals for MEX:MITSN:
Forward PE Ratio: 27.09
GF Value™: MXN343.30 vs. price of MXN714.27 (108.1% above fair value)
Industry Position: 29.1% above the Industrial Products median (#774 of 1278)
No single metric tells the full story. See the MEX:MITSN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mitsubishi Electric is a leading Japanese diversified industrial manufacturer, specializing in factory automation systems, power and energy systems, infrastructure solutions, automotive equipment, electronic devices, and home appliances. Founded in 1921 and headquartered in Tokyo, the company operates globally with a strong presence in Asia, Europe, and North America. Known for its technological expertise and high reliability, Mitsubishi Electric plays a vital role in sectors ranging from smart manufacturing and transportation to energy management and defense. The company emphasizes sustainability, innovation, and long-term growth through its focus on electrification, automation, and digitalization.
60GF Score
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