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BSENSE:BSE +2.31%88 Forward PE Ratio is 42.24 as of Aug. 28, 2026. GuruFocus rates NSE:BSE with a GF Score™ of 88/100 and a GF Value™ of ₹4,231.38 (Modestly Undervalued). Among 222 Capital Markets companies, BSE ranks worse than 86.94% 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 .
BSE Forward PE Ratio Related Terms
BSE Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for BSE'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.
BSE Forward PE Ratio Chart
BSE Annual Data
Trend
2025-03
2026-03
Forward PE Ratio
44.91
38.92
BSE Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
52.08
44.91
61.77
41.07
41.78
38.92
47.05
NSE:BSE vs SPGI, CME, ICE: Forward PE Ratio Comparison
For the Financial Data & Stock Exchanges subindustry, BSE'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.
BSE Forward PE Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, BSE's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where BSE'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.
BSE (NSE:BSE) has a Forward PE Ratio of 42.24 as of Aug. 28, 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 BSE and its competitors. According to the industry distribution chart, BSE ranks #193 out of 222 companies in the Capital Markets industry, placing it in the top 86.9%.
Is BSE's Forward PE Ratio too high?
BSE's current Forward PE Ratio is 42.24. The Capital Markets industry median Forward PE Ratio is 15.93. BSE's value of 42.24 is 165.2% above this industry median. Based on the distribution chart, BSE ranks #193 out of 222 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, BSE has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BSE's Forward PE Ratio compare to SPGI and CME?
According to the Capital Markets industry distribution chart, BSE ranks #193 out of 222 companies for Forward PE Ratio. This places BSE in the lower half of its industry. The industry median Forward PE Ratio is 15.93. BSE's value of 42.24 is 165.2% 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 Capital Markets company?
The median Forward PE Ratio among Capital Markets companies is 15.93, based on 222 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. BSE's current Forward PE Ratio of 42.24 is 165.2% 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 BSE and its competitors. For the Capital Markets industry, the median Forward PE Ratio is 15.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BSE's current Forward PE Ratio is 42.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BSE stock overvalued right now?
Based on GuruFocus' analysis, BSE (NSE:BSE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹4,231.38, compared to a current price of ₹3,405.00 — trading 19.5% below its estimated fair value. The current Forward PE Ratio is 42.24 and 165.2% above the Capital Markets industry median of 15.93. BSE's overall GF Score™ is 88/100. 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 BSE (NSE:BSE), the current Forward PE Ratio is 42.24 as of Aug. 28, 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 BSE (NSE:BSE) Overvalued in 2026?
Based on GuruFocus' analysis, BSE stock appears to be undervalued.
The current stock price of ₹3,405.00 is trading 19.5% below its estimated GF Value™ of ₹4,231.38.
GuruFocus considers BSE to be Modestly Undervalued.
Key valuation signals for NSE:BSE:
Forward PE Ratio: 42.24
GF Value™: ₹4,231.38 vs. price of ₹3,405.00 (19.5% below fair value)
Industry Position: 165.2% above the Capital Markets median (#193 of 222)
No single metric tells the full story. See the NSE:BSE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BSE Ltd operates as a stock exchange and is one of the exchange groups in India. The company operates through one segment namely Stock Exchange Operations i.e. Facilitating Trading in Securities and other related ancillary Services, while generating a majority of its revenues through stock exchange activities. It predominantly provides a trading platform for over 5000 companies that are listed on its exchange. The exchange offers various services such as trading in equity, debt instruments, derivatives, and mutual funds. BSE also offers its customers other services such as risk management, market data services, and educational programs. Geographically, the company generates a majority of its revenue from its customers within India.
88GF Score
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