Myer HoldingsMYGSF 38 Forward PE Ratio is 32.33 as of Jul. 07, 2026. GuruFocus rates MYGSF with a GF Score™ of 38/100 and a GF Value™ of $1.58. The stock has 4 warning signs investors should review. Among 503 Retail - Cyclical companies, Myer Holdings ranks better than 90.85% on this metric.
Myer Holdings's Forward PE Ratio for today is 32.33.
Myer Holdings (OTCPK:MYGSF) 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 .
Myer Holdings Forward PE Ratio Related Terms
Myer Holdings Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Myer Holdings'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.
Myer Holdings Forward PE Ratio Chart
Myer Holdings Annual Data
Trend
2016-07
2025-07
Forward PE Ratio
12.05
30.31
Myer Holdings Semi-Annual Data
2016-01
2016-07
2025-07
2026-01
Forward PE Ratio
14.25
12.05
30.31
38.80
MYGSF vs DDS, M: Forward PE Ratio Comparison
For the Department Stores subindustry, Myer Holdings'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.
Myer Holdings Forward PE Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Myer Holdings's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Myer Holdings'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.
Myer Holdings (MYGSF) has a Forward PE Ratio of 32.33 as of Jul. 07, 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 Myer Holdings and its competitors. According to the industry distribution chart, Myer Holdings ranks #46 out of 503 companies in the Retail - Cyclical industry, placing it in the top 9.1%.
Is Myer Holdings' Forward PE Ratio too high?
Myer Holdings' current Forward PE Ratio is 32.33. The Retail - Cyclical industry median Forward PE Ratio is 15.06. Myer Holdings' value of 32.33 is 114.7% above this industry median. Based on the distribution chart, Myer Holdings ranks #46 out of 503 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Myer Holdings has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Myer Holdings' Forward PE Ratio compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Myer Holdings ranks #46 out of 503 companies for Forward PE Ratio. This places Myer Holdings in the top 9% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 15.06. Myer Holdings' value of 32.33 is 114.7% 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 Retail - Cyclical company?
The median Forward PE Ratio among Retail - Cyclical companies is 15.06, based on 503 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. Myer Holdings's current Forward PE Ratio of 32.33 is 114.7% 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 Myer Holdings and its competitors. For the Retail - Cyclical industry, the median Forward PE Ratio is 15.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Myer Holdings's current Forward PE Ratio is 32.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Myer Holdings stock overvalued right now?
Myer Holdings (MYGSF) has a current Forward PE Ratio of 32.33. The stock's GF Value™ is $1.58, compared to a current price of $0.97 — trading 38.6% below its estimated fair value. The current Forward PE Ratio is 32.33 and 114.7% above the Retail - Cyclical industry median of 15.06. Myer Holdings' overall GF Score™ is 38/100 with 4 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 Myer Holdings (MYGSF), the current Forward PE Ratio is 32.33 as of Jul. 07, 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 Myer Holdings (MYGSF) Overvalued in 2026?
Based on GuruFocus' analysis, Myer Holdings stock appears to be undervalued.
The current stock price of $0.97 is trading 38.6% below its estimated GF Value™ of $1.58.
Key valuation signals for MYGSF:
Forward PE Ratio: 32.33
GF Value™: $1.58 vs. price of $0.97 (38.6% below fair value)
Industry Position: 114.7% above the Retail - Cyclical median (#46 of 503)
No single metric tells the full story. See the MYGSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Myer is one of Australia's largest fashion and beauty retailers, with some 60 department stores stores and over 700 stores across its five apparel chains: Dotti, Jacquie E, Jay Jays, Just Jeans, and Portmans. Stores are generally located in areas of high foot traffic in major metropolitan shopping centers. Competitive advantages include a well-established brand and scale benefits from a relatively large revenue base. The Myer brand is iconic among Australian domestic consumers, with its loyalty program boasting over 4 million active members.
38GF Score
Get the complete analysis for MYGSF
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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