GM Leather SpAMIL:GML 62 Forward PE Ratio is 18.88 as of Jul. 12, 2026. GuruFocus rates MIL:GML with a GF Score™ of 62/100 and a GF Value™ of €1.20 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 244 Manufacturing - Apparel & Accessories companies, GM Leather SpA ranks worse than 69.26% on this metric.
GM Leather SpA (MIL:GML) 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 .
GM Leather SpA Forward PE Ratio Related Terms
GM Leather SpA Forward PE Ratio Historical Data
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The historical data trend for GM Leather 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.
GM Leather SpA Forward PE Ratio Chart
GM Leather SpA Annual Data
Trend
2023-12
2024-12
2025-12
Forward PE Ratio
5.67
2.76
4.76
GM Leather SpA Semi-Annual Data
2023-12
2024-12
2025-06
2025-12
Forward PE Ratio
5.67
2.76
3.59
4.76
MIL:GML vs AIN: Forward PE Ratio Comparison
For the Textile Manufacturing subindustry, GM Leather 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.
GM Leather SpA Forward PE Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, GM Leather SpA's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where GM Leather SpA'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.
GM Leather SpA (MIL:GML) has a Forward PE Ratio of 18.88 as of Jul. 12, 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 GM Leather SpA and its competitors. According to the industry distribution chart, GM Leather SpA ranks #169 out of 244 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 69.3%.
Is GM Leather SpA's Forward PE Ratio too high?
GM Leather SpA's current Forward PE Ratio is 18.88. The Manufacturing - Apparel & Accessories industry median Forward PE Ratio is 13.37. GM Leather SpA's value of 18.88 is 41.2% above this industry median. Based on the distribution chart, GM Leather SpA ranks #169 out of 244 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, GM Leather SpA has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does GM Leather SpA's Forward PE Ratio compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, GM Leather SpA ranks #169 out of 244 companies for Forward PE Ratio. This places GM Leather SpA in the lower half of its industry. The industry median Forward PE Ratio is 13.37. GM Leather SpA's value of 18.88 is 41.2% 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 Manufacturing - Apparel & Accessories company?
The median Forward PE Ratio among Manufacturing - Apparel & Accessories companies is 13.37, based on 244 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. GM Leather SpA's current Forward PE Ratio of 18.88 is 41.2% 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 GM Leather SpA and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Forward PE Ratio is 13.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GM Leather SpA's current Forward PE Ratio is 18.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GM Leather SpA stock overvalued right now?
Based on GuruFocus' analysis, GM Leather SpA (MIL:GML) is currently considered Possible Value Trap. The stock's GF Value™ is €1.20, compared to a current price of €0.76 — trading 37.1% below its estimated fair value. The current Forward PE Ratio is 18.88 and 41.2% above the Manufacturing - Apparel & Accessories industry median of 13.37. GM Leather SpA's overall GF Score™ is 62/100 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 GM Leather SpA (MIL:GML), the current Forward PE Ratio is 18.88 as of Jul. 12, 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 GM Leather SpA (MIL:GML) Overvalued in 2026?
Based on GuruFocus' analysis, GM Leather SpA stock appears to be undervalued.
The current stock price of €0.76 is trading 37.1% below its estimated GF Value™ of €1.20.
GuruFocus considers GM Leather SpA to be Possible Value Trap.
Key valuation signals for MIL:GML:
Forward PE Ratio: 18.88
GF Value™: €1.20 vs. price of €0.76 (37.1% below fair value)
Industry Position: 41.2% above the Manufacturing - Apparel & Accessories median (#169 of 244)
No single metric tells the full story. See the MIL:GML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GM Leather SpA engages in the treatment, processing, and marketing of bovine leather. Its products are predominantly intended for the furniture, leather goods, and footwear industries. Geographically, the company derives its maximum revenue from non-EU countries followed by Italy and EU countries.
62GF Score
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