Procore Technologies (MEX:PCOR) 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 .
Procore Technologies Forward PE Ratio Related Terms
Procore Technologies Forward PE Ratio Historical Data
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The historical data trend for Procore Technologies'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.
Procore Technologies Forward PE Ratio Chart
Procore Technologies Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
47.24
44.11
Procore Technologies Quarterly Data
2024-03
2024-06
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
100.00
68.97
47.24
54.31
56.64
42.87
44.11
28.70
MEX:PCOR vs TTAN, PAYC, ESTC: Forward PE Ratio Comparison
For the Software - Application subindustry, Procore Technologies'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.
Procore Technologies Forward PE Ratio vs Software Industry
For the Software industry and Technology sector, Procore Technologies's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Procore Technologies'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.
Procore Technologies (MEX:PCOR) has a Forward PE Ratio of 29.25 as of Jul. 04, 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 Procore Technologies and its competitors. According to the industry distribution chart, Procore Technologies ranks #783 out of 1170 companies in the Software industry, placing it in the top 66.9%.
Is Procore Technologies' Forward PE Ratio too high?
Procore Technologies' current Forward PE Ratio is 29.25. The Software industry median Forward PE Ratio is 18.37. Procore Technologies' value of 29.25 is 59.2% above this industry median. Based on the distribution chart, Procore Technologies ranks #783 out of 1170 companies in the Software industry, which is below the industry midpoint. Overall, Procore Technologies has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Procore Technologies' Forward PE Ratio compare to TTAN and PAYC?
According to the Software industry distribution chart, Procore Technologies ranks #783 out of 1170 companies for Forward PE Ratio. This places Procore Technologies in the lower half of its industry. The industry median Forward PE Ratio is 18.37. Procore Technologies' value of 29.25 is 59.2% 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 Software company?
The median Forward PE Ratio among Software companies is 18.37, based on 1,170 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. Procore Technologies's current Forward PE Ratio of 29.25 is 59.2% 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 Procore Technologies and its competitors. For the Software industry, the median Forward PE Ratio is 18.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Procore Technologies's current Forward PE Ratio is 29.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Procore Technologies stock overvalued right now?
Based on GuruFocus' analysis, Procore Technologies (MEX:PCOR) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN1,666.03, compared to a current price of MXN854.79 — trading 48.7% below its estimated fair value. The current Forward PE Ratio is 29.25 and 59.2% above the Software industry median of 18.37. Procore Technologies' overall GF Score™ is 67/100 with 2 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 Procore Technologies (MEX:PCOR), the current Forward PE Ratio is 29.25 as of Jul. 04, 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 Procore Technologies (MEX:PCOR) Overvalued in 2026?
Based on GuruFocus' analysis, Procore Technologies stock appears to be undervalued.
The current stock price of MXN854.79 is trading 48.7% below its estimated GF Value™ of MXN1,666.03.
GuruFocus considers Procore Technologies to be Significantly Undervalued.
Key valuation signals for MEX:PCOR:
Forward PE Ratio: 29.25
GF Value™: MXN1,666.03 vs. price of MXN854.79 (48.7% below fair value)
Industry Position: 59.2% above the Software median (#783 of 1170)
No single metric tells the full story. See the MEX:PCOR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Procore Technologies Inc is a cloud-based construction management software company. It generates revenue through subscriptions for access to its software products. The company's products include Design Coordination, BIM, Field Productivity, Project Financials, Invoice Management, Portfolio Financials, Capital Planning, Accounting Integrations, and Analytics. The software products are hosted on its cloud-based SaaS construction management platform. Subscriptions are sold for a fixed fee and revenue is recognized ratably over the term of the subscription.
67GF Score
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Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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