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.
MKSMKSI +1.35%67 Forward PE Ratio is 25.30 as of Aug. 03, 2026. GuruFocus rates MKSI with a GF Score™ of 67/100 and a GF Value™ of $127.49 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,021 Hardware companies, MKS ranks worse than 60.53% 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 .
MKS Forward PE Ratio Related Terms
MKS Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for MKS'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.
MKS Forward PE Ratio Chart
MKS Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2019-12
2020-12
2021-12
2024-12
2025-12
Forward PE Ratio
16.29
16.50
14.20
8.22
17.04
17.06
14.49
14.02
18.79
MKS Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2017-09
2017-12
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
2019-09
2019-12
2020-03
2020-06
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
16.29
14.53
18.28
17.21
16.50
17.18
14.58
15.87
14.20
14.47
11.89
9.11
8.22
14.03
14.39
14.04
17.04
12.35
19.76
15.70
17.06
24.63
16.05
12.38
14.49
12.69
10.04
14.02
11.56
14.77
14.71
18.79
22.66
MKSI vs FTV, TDY, TRMB: Forward PE Ratio Comparison
For the Scientific & Technical Instruments subindustry, MKS'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.
MKS Forward PE Ratio vs Hardware Industry
For the Hardware industry and Technology sector, MKS's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where MKS'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.
MKS (MKSI) has a Forward PE Ratio of 25.30 as of Aug. 03, 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 MKS and its competitors. According to the industry distribution chart, MKS ranks #618 out of 1021 companies in the Hardware industry, placing it in the top 60.5%.
Is MKS's Forward PE Ratio too high?
MKS's current Forward PE Ratio is 25.30. The Hardware industry median Forward PE Ratio is 20.67. MKS's value of 25.30 is 22.4% above this industry median. Based on the distribution chart, MKS ranks #618 out of 1021 companies in the Hardware industry, which is below the industry midpoint. Overall, MKS has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MKS's Forward PE Ratio compare to FTV and TDY?
According to the Hardware industry distribution chart, MKS ranks #618 out of 1021 companies for Forward PE Ratio. This places MKS in the lower half of its industry. The industry median Forward PE Ratio is 20.67. MKS's value of 25.30 is 22.4% 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 Hardware company?
The median Forward PE Ratio among Hardware companies is 20.67, based on 1,021 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. MKS's current Forward PE Ratio of 25.30 is 22.4% 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 MKS and its competitors. For the Hardware industry, the median Forward PE Ratio is 20.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MKS's current Forward PE Ratio is 25.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MKS stock overvalued right now?
Based on GuruFocus' analysis, MKS (MKSI) is currently considered Significantly Overvalued. The stock's GF Value™ is $127.49, compared to a current price of $297.41 — trading 133.3% above its estimated fair value. The current Forward PE Ratio is 25.30 and 22.4% above the Hardware industry median of 20.67. MKS's overall GF Score™ is 67/100 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 MKS (MKSI), the current Forward PE Ratio is 25.30 as of Aug. 03, 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 MKS (MKSI) Overvalued in 2026?
Based on GuruFocus' analysis, MKS stock appears to be overvalued.
The current stock price of $297.41 is trading 133.3% above its estimated GF Value™ of $127.49.
GuruFocus considers MKS to be Significantly Overvalued.
Key valuation signals for MKSI:
Forward PE Ratio: 25.30
GF Value™: $127.49 vs. price of $297.41 (133.3% above fair value)
Industry Position: 22.4% above the Hardware median (#618 of 1021)
No single metric tells the full story. See the MKSI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MKS Inc delivers foundational technology solutions for leading edge semiconductor manufacturing, electronics and packaging, and specialty industrial applications. The company provides instruments, components, subsystems, systems, process control solutions, and specialty chemicals technology that improve process performance and optimize productivity. Its solutions address challenges of miniaturization and complexity in device manufacturing, enabling increased power, speed, and feature enhancement. MKS Inc operates through three divisions: Vacuum Solutions Division (VSD), Photonics Solutions Division (PSD), and Materials Solutions Division (MSD). The company operates in the United States, which generates maximum revenue, as well as China and other countries.
67GF Score
Get the complete analysis for MKSI
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
MKSI has been successfully added to your 
