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LightAir ABNGM:LAIR +1.35%32 Forward PE Ratio is 0.00 as of Jul. 26, 2026. GuruFocus rates NGM:LAIR with a GF Score™ of 32/100 and a GF Value™ of kr0.28 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,291 Industrial Products companies, LightAir AB ranks worse than 77459.26% on this metric.
LightAir AB (NGM:LAIR) 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 .
LightAir AB Forward PE Ratio Related Terms
LightAir AB Forward PE Ratio Historical Data
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The historical data trend for LightAir AB'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.
LightAir AB Forward PE Ratio Chart
LightAir AB Annual Data
Trend
Forward PE Ratio
LightAir AB Semi-Annual Data
Forward PE Ratio
NGM:LAIR vs VLTO, ZWS, CECO: Forward PE Ratio Comparison
For the Pollution & Treatment Controls subindustry, LightAir AB'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.
LightAir AB Forward PE Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, LightAir AB's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where LightAir AB'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.
LightAir AB (NGM:LAIR) has a Forward PE Ratio of 0.00 as of Jul. 26, 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 LightAir AB and its competitors. According to the industry distribution chart, LightAir AB ranks #999999 out of 1291 companies in the Industrial Products industry.
Is LightAir AB's Forward PE Ratio too high?
LightAir AB's current Forward PE Ratio is 0.00. Based on the distribution chart, LightAir AB ranks #999999 out of 1291 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, LightAir AB has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LightAir AB's Forward PE Ratio compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, LightAir AB ranks #999999 out of 1291 companies for Forward PE Ratio. This places LightAir AB in the lower half of its industry. The industry median Forward PE Ratio is 18.85. 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 18.85, based on 1,291 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. 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 LightAir AB and its competitors. For the Industrial Products industry, the median Forward PE Ratio is 18.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LightAir AB's current Forward PE Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LightAir AB stock overvalued right now?
Based on GuruFocus' analysis, LightAir AB (NGM:LAIR) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.28, compared to a current price of kr0.75 — trading 167.9% above its estimated fair value. The current Forward PE Ratio is 0.00. LightAir AB's overall GF Score™ is 32/100 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 LightAir AB (NGM:LAIR), the current Forward PE Ratio is 0.00 as of Jul. 26, 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 LightAir AB (NGM:LAIR) Overvalued in 2026?
Based on GuruFocus' analysis, LightAir AB stock appears to be overvalued.
The current stock price of kr0.75 is trading 167.9% above its estimated GF Value™ of kr0.28.
GuruFocus considers LightAir AB to be Significantly Overvalued.
Key valuation signals for NGM:LAIR:
Forward PE Ratio: 0.00
GF Value™: kr0.28 vs. price of kr0.75 (167.9% above fair value)
No single metric tells the full story. See the NGM:LAIR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LightAir AB is engaged in manufacturing and selling of air purifiers used for different industrial purposes such as traffic pollution, pet allergen, industrial pollution, smoke, and others. Its Air purifiers products include IonFlow Signature, IonFlow Evolution, IonFlow Style, IonFlow Surface, and others. The company distributes its products in Europe, Asia, and North America.
32GF Score
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