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Nordex SENRDXF 60 Forward PE Ratio is 22.80 as of Jul. 23, 2026. GuruFocus rates NRDXF with a GF Score™ of 60/100 and a GF Value™ of $16.47 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,290 Industrial Products companies, Nordex SE ranks worse than 55.27% on this metric.
Nordex SE (OTCPK:NRDXF) 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 .
Nordex SE Forward PE Ratio Related Terms
Nordex SE Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Nordex SE'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.
Nordex SE Forward PE Ratio Chart
Nordex SE Annual Data
Trend
2015-12
2016-12
2017-12
2019-12
2020-12
2021-12
2024-12
2025-12
Forward PE Ratio
23.64
12.59
7.20
42.74
82.64
44.64
15.64
22.05
Nordex SE 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
2019-09
2019-12
2020-03
2020-06
2020-09
2020-12
2021-06
2021-09
2021-12
2022-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
23.64
13.35
20.58
17.33
12.59
8.98
10.35
7.96
7.20
5.57
8.60
87.72
24.51
42.74
28.09
30.21
32.05
82.64
2,000.00
46.08
44.64
92.59
15.64
24.50
25.67
19.06
22.05
25.39
NRDXF vs GEV, ETN, PH: Forward PE Ratio Comparison
For the Specialty Industrial Machinery subindustry, Nordex SE'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.
Nordex SE Forward PE Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nordex SE's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Nordex SE'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.
Nordex SE (NRDXF) has a Forward PE Ratio of 22.80 as of Jul. 23, 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 Nordex SE and its competitors. According to the industry distribution chart, Nordex SE ranks #713 out of 1290 companies in the Industrial Products industry, placing it in the top 55.3%.
Is Nordex SE's Forward PE Ratio too high?
Nordex SE's current Forward PE Ratio is 22.80. The Industrial Products industry median Forward PE Ratio is 18.96. Nordex SE's value of 22.80 is 20.3% above this industry median. Based on the distribution chart, Nordex SE ranks #713 out of 1290 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Nordex SE has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nordex SE's Forward PE Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nordex SE ranks #713 out of 1290 companies for Forward PE Ratio. This places Nordex SE in the lower half of its industry. The industry median Forward PE Ratio is 18.96. Nordex SE's value of 22.80 is 20.3% 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 an Industrial Products company?
The median Forward PE Ratio among Industrial Products companies is 18.96, based on 1,290 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. Nordex SE's current Forward PE Ratio of 22.80 is 20.3% 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 Nordex SE and its competitors. For the Industrial Products industry, the median Forward PE Ratio is 18.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordex SE's current Forward PE Ratio is 22.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordex SE stock overvalued right now?
Based on GuruFocus' analysis, Nordex SE (NRDXF) is currently considered Significantly Overvalued. The stock's GF Value™ is $16.47, compared to a current price of $50.60 — trading 207.2% above its estimated fair value. The current Forward PE Ratio is 22.80 and 20.3% above the Industrial Products industry median of 18.96. Nordex SE's overall GF Score™ is 60/100 with 5 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 Nordex SE (NRDXF), the current Forward PE Ratio is 22.80 as of Jul. 23, 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 Nordex SE (NRDXF) Overvalued in 2026?
Based on GuruFocus' analysis, Nordex SE stock appears to be overvalued.
The current stock price of $50.60 is trading 207.2% above its estimated GF Value™ of $16.47.
GuruFocus considers Nordex SE to be Significantly Overvalued.
Key valuation signals for NRDXF:
Forward PE Ratio: 22.80
GF Value™: $16.47 vs. price of $50.60 (207.2% above fair value)
Industry Position: 20.3% above the Industrial Products median (#713 of 1290)
No single metric tells the full story. See the NRDXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nordex SE is a German company that develops, manufactures, services, and markets wind power systems. The company manages its activities via Projects and Service segments. The Projects segment includes all activities associated with the development, production, assembly, and commissioning of wind turbines, including project development. The Services segment provides services and products for turbines, which have been handed over to the customer, such as maintenance, remote monitoring of wind farms, repairs, technical and efficiency enhancements for existing turbines. The majority of the company's revenue is generated from the Projects segment. Geographically, it operates across different markets in Europe, North America, Latin America, and the Rest of the World.
60GF Score
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Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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