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Industrie De Nora SpA (MIL:DNR) 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 .
Industrie De Nora SpA Forward PE Ratio Related Terms
Industrie De Nora SpA Forward PE Ratio Historical Data
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The historical data trend for Industrie De Nora SpA'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.
Industrie De Nora SpA Forward PE Ratio Chart
Industrie De Nora SpA Annual Data
Trend
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
24.63
25.91
17.02
19.46
Industrie De Nora SpA Quarterly Data
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
27.03
24.63
34.60
35.97
26.88
25.91
17.02
15.09
16.39
19.00
19.46
17.62
MIL:DNR vs VRT, BE, HUBB: Forward PE Ratio Comparison
For the Electrical Equipment & Parts subindustry, Industrie De Nora SpA'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.
Industrie De Nora SpA Forward PE Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Industrie De Nora SpA's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Industrie De Nora SpA's Forward PE Ratio falls into.
Industrie De Nora SpA Forward PE Ratio Calculation
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.
Industrie De Nora SpA (MIL:DNR) has a Forward PE Ratio of 18.22 as of Aug. 05, 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 Industrie De Nora SpA and its competitors. According to the industry distribution chart, Industrie De Nora SpA ranks #588 out of 1294 companies in the Industrial Products industry, placing it in the top 45.4%.
Is Industrie De Nora SpA's Forward PE Ratio too high?
Industrie De Nora SpA's current Forward PE Ratio is 18.22. The Industrial Products industry median Forward PE Ratio is 19.51. Industrie De Nora SpA's value of 18.22 is 6.6% below this industry median. Based on the distribution chart, Industrie De Nora SpA ranks #588 out of 1294 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Industrie De Nora SpA has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Industrie De Nora SpA's Forward PE Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Industrie De Nora SpA ranks #588 out of 1294 companies for Forward PE Ratio. This puts Industrie De Nora SpA in the upper half of its industry. The industry median Forward PE Ratio is 19.51. Industrie De Nora SpA's value of 18.22 is 6.6% below 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 19.51, based on 1,294 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. Industrie De Nora SpA's current Forward PE Ratio of 18.22 is 6.6% below 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 Industrie De Nora SpA and its competitors. For the Industrial Products industry, the median Forward PE Ratio is 19.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Industrie De Nora SpA's current Forward PE Ratio is 18.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industrie De Nora SpA stock overvalued right now?
Based on GuruFocus' analysis, Industrie De Nora SpA (MIL:DNR) is currently considered Modestly Undervalued. The stock's GF Value™ is €9.16, compared to a current price of €6.65 — trading 27.5% below its estimated fair value. The current Forward PE Ratio is 18.22 and 6.6% below the Industrial Products industry median of 19.51. Industrie De Nora SpA's overall GF Score™ is 78/100 with 3 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 Industrie De Nora SpA (MIL:DNR), the current Forward PE Ratio is 18.22 as of Aug. 05, 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 Industrie De Nora SpA (MIL:DNR) Overvalued in 2026?
Based on GuruFocus' analysis, Industrie De Nora SpA stock appears to be undervalued.
The current stock price of €6.65 is trading 27.5% below its estimated GF Value™ of €9.16.
GuruFocus considers Industrie De Nora SpA to be Modestly Undervalued.
Key valuation signals for MIL:DNR:
Forward PE Ratio: 18.22
GF Value™: €9.16 vs. price of €6.65 (27.5% below fair value)
Industry Position: 6.6% below the Industrial Products median (#588 of 1294)
No single metric tells the full story. See the MIL:DNR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Industrie De Nora SpA manufactures and distributes chemicals. The company is organized into three segments: the Electrode Technologies business, Energy Transition and the Water Technologies business. Electrode Technologies segment earns the majority of companies revenues. The company's products include Analyzers & Detectors, Anodes for Chlorine Evolution, Anodes for oxygen evolution, Cathodes for Hydrogen Evolution, Disinfection systems, Electrochlorination systems, Filtration Solutions, Membrane Technologies, Contaminant removal systems.
78GF Score
Get the complete analysis for MIL:DNR
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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