Natural Grocers by Vitamin Cottage (NYSE:NGVC) 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 .
Natural Grocers by Vitamin Cottage Forward PE Ratio Related Terms
Natural Grocers by Vitamin Cottage Forward PE Ratio Historical Data
* 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.
Natural Grocers by Vitamin Cottage Forward PE Ratio Chart
Natural Grocers by Vitamin Cottage Annual Data
Trend
2016-09
2017-09
2018-09
Forward PE Ratio
20.28
76.34
48.78
Natural Grocers by Vitamin Cottage 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
2025-12
2026-03
Forward PE Ratio
25.13
23.47
20.12
20.28
27.03
24.15
18.38
76.34
40.65
26.53
51.02
48.78
35.71
12.23
12.49
NGVC vs YSWY, VLGEA, DNUT: Forward PE Ratio Comparison
For the Grocery Stores subindustry, Natural Grocers by Vitamin Cottage'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.
Natural Grocers by Vitamin Cottage Forward PE Ratio vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Natural Grocers by Vitamin Cottage's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Natural Grocers by Vitamin Cottage's Forward PE Ratio falls into.
Natural Grocers by Vitamin Cottage Forward PE Ratio Calculation
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.
Natural Grocers by Vitamin Cottage (NGVC) has a Forward PE Ratio of 14.41 as of Jul. 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 Natural Grocers by Vitamin Cottage and its competitors. According to the industry distribution chart, Natural Grocers by Vitamin Cottage ranks #66 out of 129 companies in the Retail - Defensive industry, placing it in the top 51.2%.
Is Natural Grocers by Vitamin Cottage's Forward PE Ratio too high?
Natural Grocers by Vitamin Cottage's current Forward PE Ratio is 14.41. The Retail - Defensive industry median Forward PE Ratio is 14.09. Natural Grocers by Vitamin Cottage's value of 14.41 is 2.3% above this industry median. Based on the distribution chart, Natural Grocers by Vitamin Cottage ranks #66 out of 129 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Natural Grocers by Vitamin Cottage has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Natural Grocers by Vitamin Cottage's Forward PE Ratio compare to YSWY and VLGEA?
According to the Retail - Defensive industry distribution chart, Natural Grocers by Vitamin Cottage ranks #66 out of 129 companies for Forward PE Ratio. This places Natural Grocers by Vitamin Cottage in the lower half of its industry. The industry median Forward PE Ratio is 14.09. Natural Grocers by Vitamin Cottage's value of 14.41 is 2.3% 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 - Defensive company?
The median Forward PE Ratio among Retail - Defensive companies is 14.09, based on 129 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. Natural Grocers by Vitamin Cottage's current Forward PE Ratio of 14.41 is 2.3% 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 Natural Grocers by Vitamin Cottage and its competitors. For the Retail - Defensive industry, the median Forward PE Ratio is 14.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Natural Grocers by Vitamin Cottage's current Forward PE Ratio is 14.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Natural Grocers by Vitamin Cottage stock overvalued right now?
Based on GuruFocus' analysis, Natural Grocers by Vitamin Cottage (NGVC) is currently considered Modestly Overvalued. The stock's GF Value™ is $27.31, compared to a current price of $32.60 — trading 19.4% above its estimated fair value. The current Forward PE Ratio is 14.41 and 2.3% above the Retail - Defensive industry median of 14.09. Natural Grocers by Vitamin Cottage's overall GF Score™ is 86/100 with 2 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 Natural Grocers by Vitamin Cottage (NGVC), the current Forward PE Ratio is 14.41 as of Jul. 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 Natural Grocers by Vitamin Cottage (NGVC) Overvalued in 2026?
Based on GuruFocus' analysis, Natural Grocers by Vitamin Cottage stock appears to be overvalued.
The current stock price of $32.60 is trading 19.4% above its estimated GF Value™ of $27.31.
GuruFocus considers Natural Grocers by Vitamin Cottage to be Modestly Overvalued.
Key valuation signals for NGVC:
Forward PE Ratio: 14.41
GF Value™: $27.31 vs. price of $32.60 (19.4% above fair value)
Industry Position: 2.3% above the Retail - Defensive median (#66 of 129)
No single metric tells the full story. See the NGVC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Natural Grocers by Vitamin Cottage Business Description
Natural Grocers by Vitamin Cottage Inc operates natural and organic grocery and dietary supplement stores. It offers the following product categories: natural and organic food, dietary supplements, natural body care, household, pet care products, books, and handouts. The Company has a single reporting segment, natural and organic retail stores, through which business is conducted. The company generates the majority of its revenue from grocery products and dietary supplements, and the rest from other products.
86GF Score
Get the complete analysis for NGVC
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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