Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
PNE AGMIL:1PNE 51 Forward PE Ratio is 40.37 as of Aug. 01, 2026. GuruFocus rates MIL:1PNE with a GF Score™ of 51/100 and a GF Value™ of €25.98 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 204 Utilities - Independent Power Producers companies, PNE AG ranks worse than 89.22% 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 .
PNE AG Forward PE Ratio Related Terms
PNE AG Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for PNE AG'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.
PNE AG Forward PE Ratio Chart
PNE AG Annual Data
Trend
2025-12
Forward PE Ratio
36.78
PNE AG Quarterly Data
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
219.69
65.08
39.70
36.78
21.43
PNE AG Forward PE Ratio Competitor Comparison
For the Utilities - Renewable subindustry, PNE AG'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.
PNE AG Forward PE Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, PNE AG's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where PNE AG'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.
PNE AG (MIL:1PNE) has a Forward PE Ratio of 40.37 as of Aug. 01, 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 PNE AG and its competitors. According to the industry distribution chart, PNE AG ranks #182 out of 204 companies in the Utilities - Independent Power Producers industry, placing it in the top 89.2%.
Is PNE AG's Forward PE Ratio too high?
PNE AG's current Forward PE Ratio is 40.37. The Utilities - Independent Power Producers industry median Forward PE Ratio is 15.48. PNE AG's value of 40.37 is 160.8% above this industry median. Based on the distribution chart, PNE AG ranks #182 out of 204 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, PNE AG has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PNE AG's Forward PE Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, PNE AG ranks #182 out of 204 companies for Forward PE Ratio. This places PNE AG in the lower half of its industry. The industry median Forward PE Ratio is 15.48. PNE AG's value of 40.37 is 160.8% 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 Utilities - Independent Power Producers company?
The median Forward PE Ratio among Utilities - Independent Power Producers companies is 15.48, based on 204 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. PNE AG's current Forward PE Ratio of 40.37 is 160.8% 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 PNE AG and its competitors. For the Utilities - Independent Power Producers industry, the median Forward PE Ratio is 15.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PNE AG's current Forward PE Ratio is 40.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PNE AG stock overvalued right now?
Based on GuruFocus' analysis, PNE AG (MIL:1PNE) is currently considered Possible Value Trap. The stock's GF Value™ is €25.98, compared to a current price of €10.78 — trading 58.5% below its estimated fair value. The current Forward PE Ratio is 40.37 and 160.8% above the Utilities - Independent Power Producers industry median of 15.48. PNE AG's overall GF Score™ is 51/100 with 6 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 PNE AG (MIL:1PNE), the current Forward PE Ratio is 40.37 as of Aug. 01, 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 PNE AG (MIL:1PNE) Overvalued in 2026?
Based on GuruFocus' analysis, PNE AG stock appears to be undervalued.
The current stock price of €10.78 is trading 58.5% below its estimated GF Value™ of €25.98.
GuruFocus considers PNE AG to be Possible Value Trap.
Key valuation signals for MIL:1PNE:
Forward PE Ratio: 40.37
GF Value™: €25.98 vs. price of €10.78 (58.5% below fair value)
Industry Position: 160.8% above the Utilities - Independent Power Producers median (#182 of 204)
No single metric tells the full story. See the MIL:1PNE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PNE AG is a developer of projects in the renewable energy sector. The company's core business is the project development as well the construction and operation of onshore and offshore wind farms. It operates in three segments: project development (project planning of wind energy and photovoltaic projects), power generation, and services (management and servicing of wind farms and PV power plants as well as revenues from transformer station usage fees). In the power generation segment, revenues were achieved by the sale of electricity from ongoing operations of wind farms and of the Silbitz biomass power station. Key revenue is generated from power generation segment.
51GF Score
Get the complete analysis for MIL:1PNE
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIL:1PNE has been successfully added to your 
