FirstrandNAM:FST 85 Forward PE Ratio is 9.25 as of Jun. 27, 2026. GuruFocus rates NAM:FST with a GF Score™ of 85/100 and a GF Value™ of R84.39 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 818 Banks companies, Firstrand ranks better than 60.02% 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 .
Firstrand Forward PE Ratio Related Terms
Firstrand Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Firstrand'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.
Firstrand Forward PE Ratio Chart
Firstrand Annual Data
Trend
2025-06
Forward PE Ratio
8.99
Firstrand Semi-Annual Data
2024-12
2025-06
2025-12
Forward PE Ratio
10.33
8.99
11.11
NAM:FST vs JPM, BAC, WFC: Forward PE Ratio Comparison
For the Banks - Diversified subindustry, Firstrand'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.
Firstrand Forward PE Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Firstrand's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Firstrand'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.
Firstrand (NAM:FST) has a Forward PE Ratio of 9.25 as of Jun. 27, 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 Firstrand and its competitors. According to the industry distribution chart, Firstrand ranks #327 out of 818 companies in the Banks industry, placing it in the top 40%.
Is Firstrand's Forward PE Ratio too high?
Firstrand's current Forward PE Ratio is 9.25. The Banks industry median Forward PE Ratio is 11.00. Firstrand's value of 9.25 is 15.9% below this industry median. Based on the distribution chart, Firstrand ranks #327 out of 818 companies in the Banks industry, which is above the industry midpoint. Overall, Firstrand has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Firstrand's Forward PE Ratio compare to JPM and BAC?
According to the Banks industry distribution chart, Firstrand ranks #327 out of 818 companies for Forward PE Ratio. This puts Firstrand in the upper half of its industry. The industry median Forward PE Ratio is 11.00. Firstrand's value of 9.25 is 15.9% 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 a Banks company?
The median Forward PE Ratio among Banks companies is 11.00, based on 818 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. Firstrand's current Forward PE Ratio of 9.25 is 15.9% 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 Firstrand and its competitors. For the Banks industry, the median Forward PE Ratio is 11.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Firstrand's current Forward PE Ratio is 9.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Firstrand stock overvalued right now?
Based on GuruFocus' analysis, Firstrand (NAM:FST) is currently considered Modestly Overvalued. The stock's GF Value™ is R84.39, compared to a current price of R96.23 — trading 14% above its estimated fair value. The current Forward PE Ratio is 9.25 and 15.9% below the Banks industry median of 11.00. Firstrand's overall GF Score™ is 85/100 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 Firstrand (NAM:FST), the current Forward PE Ratio is 9.25 as of Jun. 27, 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 Firstrand (NAM:FST) Overvalued in 2026?
Based on GuruFocus' analysis, Firstrand stock appears to be overvalued.
The current stock price of R96.23 is trading 14% above its estimated GF Value™ of R84.39.
GuruFocus considers Firstrand to be Modestly Overvalued.
Key valuation signals for NAM:FST:
Forward PE Ratio: 9.25
GF Value™: R84.39 vs. price of R96.23 (14% above fair value)
Industry Position: 15.9% below the Banks median (#327 of 818)
No single metric tells the full story. See the NAM:FST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Firstrand Ltd wholly owns FirstRand Bank, a full-service bank providing a comprehensive range of retail, commercial, corporate and investment banking services in South Africa and offers niche products. The bank has three divisions, which are separately branded: First National Bank (FNB), WesBank and Rand Merchant Bank (RMB). The firm's reportable segment includes Retail and commercial segment, Corporate and institutional segment, Centre (including group treasury), Firstrand Bank Normalised, and Normalised adjustments.
85GF Score
Get the complete analysis for NAM:FST
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
NAM:FST has been successfully added to your 