TescoMEX:TSCON 73 Forward PE Ratio is 15.12 as of Jun. 26, 2026. GuruFocus rates MEX:TSCON with a GF Score™ of 73/100 and a GF Value™ of MXN96.52 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 129 Retail - Defensive companies, Tesco ranks worse than 52.71% 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 .
Tesco Forward PE Ratio Related Terms
Tesco Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Tesco'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.
Tesco Forward PE Ratio Chart
Tesco Annual Data
Trend
2016-02
2017-02
2018-02
2020-02
2021-02
2022-02
2025-02
2026-02
Forward PE Ratio
23.09
23.87
15.36
13.42
10.40
14.20
8.60
15.52
Tesco Semi-Annual Data
2016-02
2016-08
2017-02
2017-08
2018-02
2019-08
2020-02
2020-08
2021-02
2021-08
2022-02
2023-08
2024-08
2025-02
2025-08
2026-02
Forward PE Ratio
23.09
25.19
23.87
20.88
15.36
12.44
13.42
14.06
10.40
11.90
14.20
12.39
10.17
8.60
9.32
15.52
MEX:TSCON vs KR, SFM, ACI: Forward PE Ratio Comparison
For the Grocery Stores subindustry, Tesco'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.
Tesco Forward PE Ratio vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Tesco's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Tesco'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.
Tesco (MEX:TSCON) has a Forward PE Ratio of 15.12 as of Jun. 26, 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 Tesco and its competitors. According to the industry distribution chart, Tesco ranks #68 out of 129 companies in the Retail - Defensive industry, placing it in the top 52.7%.
Is Tesco's Forward PE Ratio too high?
Tesco's current Forward PE Ratio is 15.12. The Retail - Defensive industry median Forward PE Ratio is 14.40. Tesco's value of 15.12 is 5% above this industry median. Based on the distribution chart, Tesco ranks #68 out of 129 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Tesco has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tesco's Forward PE Ratio compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Tesco ranks #68 out of 129 companies for Forward PE Ratio. This places Tesco in the lower half of its industry. The industry median Forward PE Ratio is 14.40. Tesco's value of 15.12 is 5% 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 Retail - Defensive company?
The median Forward PE Ratio among Retail - Defensive companies is 14.40, based on 129 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. Tesco's current Forward PE Ratio of 15.12 is 5% 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 Tesco and its competitors. For the Retail - Defensive industry, the median Forward PE Ratio is 14.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tesco's current Forward PE Ratio is 15.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tesco stock overvalued right now?
Based on GuruFocus' analysis, Tesco (MEX:TSCON) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN96.52, compared to a current price of MXN109.79 — trading 13.7% above its estimated fair value. The current Forward PE Ratio is 15.12 and 5% above the Retail - Defensive industry median of 14.40. Tesco's overall GF Score™ is 73/100 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 Tesco (MEX:TSCON), the current Forward PE Ratio is 15.12 as of Jun. 26, 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 Tesco (MEX:TSCON) Overvalued in 2026?
Based on GuruFocus' analysis, Tesco stock appears to be overvalued.
The current stock price of MXN109.79 is trading 13.7% above its estimated GF Value™ of MXN96.52.
GuruFocus considers Tesco to be Modestly Overvalued.
Key valuation signals for MEX:TSCON:
Forward PE Ratio: 15.12
GF Value™: MXN96.52 vs. price of MXN109.79 (13.7% above fair value)
Industry Position: 5% above the Retail - Defensive median (#68 of 129)
No single metric tells the full story. See the MEX:TSCON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tesco is a large food retailer, operating thousands of stores in the United Kingdom, Ireland, and Central Europe. The majority of Tesco's sales are from the UK, where the firm has over 24% market share, more than double the second-largest peer, Sainsbury's, according to Euromonitor. Tesco also holds 30% e-grocery market share in the UK, holding a dominant position online. Tesco gained exposure to the cash-and-carry and out-of-home delivery industries with the GBP 4 billion acquisition of Booker in 2018.
73GF 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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