Outokumpu OyjMIL:1OUT 38 Forward PE Ratio is 22.95 as of Jun. 26, 2026. GuruFocus rates MIL:1OUT with a GF Score™ of 38/100 and a GF Value™ of €3.13 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 179 Steel companies, Outokumpu Oyj ranks worse than 77.65% on this metric.
Outokumpu Oyj's Forward PE Ratio for today is 22.95.
Outokumpu Oyj (MIL:1OUT) 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 .
Outokumpu Oyj Forward PE Ratio Related Terms
Outokumpu Oyj Forward PE Ratio Historical Data
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The historical data trend for Outokumpu Oyj'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.
Outokumpu Oyj Forward PE Ratio Chart
Outokumpu Oyj Annual Data
Trend
2025-12
Forward PE Ratio
19.13
Outokumpu Oyj Quarterly Data
2025-09
2025-12
2026-03
Forward PE Ratio
13.03
19.13
20.89
MIL:1OUT vs NUE, STLD, RS: Forward PE Ratio Comparison
For the Steel subindustry, Outokumpu Oyj'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.
Outokumpu Oyj Forward PE Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Outokumpu Oyj's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Outokumpu Oyj'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.
Outokumpu Oyj (MIL:1OUT) has a Forward PE Ratio of 22.95 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 Outokumpu Oyj and its competitors. According to the industry distribution chart, Outokumpu Oyj ranks #139 out of 179 companies in the Steel industry, placing it in the top 77.7%.
Is Outokumpu Oyj's Forward PE Ratio too high?
Outokumpu Oyj's current Forward PE Ratio is 22.95. The Steel industry median Forward PE Ratio is 13.66. Outokumpu Oyj's value of 22.95 is 68% above this industry median. Based on the distribution chart, Outokumpu Oyj ranks #139 out of 179 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Outokumpu Oyj has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Outokumpu Oyj's Forward PE Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Outokumpu Oyj ranks #139 out of 179 companies for Forward PE Ratio. This places Outokumpu Oyj in the lower half of its industry. The industry median Forward PE Ratio is 13.66. Outokumpu Oyj's value of 22.95 is 68% 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 Steel company?
The median Forward PE Ratio among Steel companies is 13.66, based on 179 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. Outokumpu Oyj's current Forward PE Ratio of 22.95 is 68% 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 Outokumpu Oyj and its competitors. For the Steel industry, the median Forward PE Ratio is 13.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Outokumpu Oyj's current Forward PE Ratio is 22.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Outokumpu Oyj stock overvalued right now?
Based on GuruFocus' analysis, Outokumpu Oyj (MIL:1OUT) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.13, compared to a current price of €5.54 — trading 77% above its estimated fair value. The current Forward PE Ratio is 22.95 and 68% above the Steel industry median of 13.66. Outokumpu Oyj's overall GF Score™ is 38/100 with 9 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 Outokumpu Oyj (MIL:1OUT), the current Forward PE Ratio is 22.95 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 Outokumpu Oyj (MIL:1OUT) Overvalued in 2026?
Based on GuruFocus' analysis, Outokumpu Oyj stock appears to be overvalued.
The current stock price of €5.54 is trading 77% above its estimated GF Value™ of €3.13.
GuruFocus considers Outokumpu Oyj to be Significantly Overvalued.
Key valuation signals for MIL:1OUT:
Forward PE Ratio: 22.95
GF Value™: €3.13 vs. price of €5.54 (77% above fair value)
Industry Position: 68% above the Steel median (#139 of 179)
No single metric tells the full story. See the MIL:1OUT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Outokumpu Oyj is a steel and alloys maker. Its business is divided into three business areas, which are Europe, the Americas, and Ferrochrome. Europe derives the key revenue, which consists of both coil and plate operations. The high-volume and tailored standard stainless-steel grades are used, for example, in architecture, building and construction, transportation, catering and appliances, chemical, petrochemical and energy sectors, as well as other process industries. The Americas produces standard austenitic and ferritic grades as well as tailored products. Ferrochrome produces charge grade of ferrochrome and runs the chrome mine in Kemi and the ferrochrome smelter in Tornio, Finland. The company generates the majority of its revenue from Europe.
38GF Score
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