Avenue Supermarts (NSE:DMART) 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 .
Avenue Supermarts Forward PE Ratio Related Terms
Avenue Supermarts Forward PE Ratio Historical Data
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The historical data trend for Avenue Supermarts'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.
Avenue Supermarts Forward PE Ratio Chart
Avenue Supermarts Annual Data
Trend
2019-03
2020-03
2021-03
2022-03
2023-03
Forward PE Ratio
76.92
74.63
96.15
106.38
71.43
Avenue Supermarts Quarterly Data
2018-09
2018-12
2019-03
2019-06
2019-09
2019-12
2020-03
2020-06
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
Forward PE Ratio
86.21
82.64
76.92
71.43
86.21
68.97
74.63
117.65
128.21
99.01
96.15
111.11
178.57
125.00
106.38
96.15
112.36
83.33
71.43
81.30
76.92
69.93
NSE:DMART vs WMT, COST, TGT: Forward PE Ratio Comparison
For the Discount Stores subindustry, Avenue Supermarts'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.
Avenue Supermarts Forward PE Ratio vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Avenue Supermarts's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Avenue Supermarts'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.
Avenue Supermarts (NSE:DMART) has a Forward PE Ratio of 84.22 as of Jul. 07, 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 Avenue Supermarts and its competitors. According to the industry distribution chart, Avenue Supermarts ranks #124 out of 129 companies in the Retail - Defensive industry, placing it in the top 96.1%.
Is Avenue Supermarts' Forward PE Ratio too high?
Avenue Supermarts' current Forward PE Ratio is 84.22. The Retail - Defensive industry median Forward PE Ratio is 14.23. Avenue Supermarts' value of 84.22 is 491.8% above this industry median. Based on the distribution chart, Avenue Supermarts ranks #124 out of 129 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Avenue Supermarts has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Avenue Supermarts' Forward PE Ratio compare to WMT and COST?
According to the Retail - Defensive industry distribution chart, Avenue Supermarts ranks #124 out of 129 companies for Forward PE Ratio. This places Avenue Supermarts in the lower half of its industry. The industry median Forward PE Ratio is 14.23. Avenue Supermarts' value of 84.22 is 491.8% 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 14.23, 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. Avenue Supermarts's current Forward PE Ratio of 84.22 is 491.8% 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 Avenue Supermarts and its competitors. For the Retail - Defensive industry, the median Forward PE Ratio is 14.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avenue Supermarts's current Forward PE Ratio is 84.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avenue Supermarts stock overvalued right now?
Based on GuruFocus' analysis, Avenue Supermarts (NSE:DMART) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹5,551.78, compared to a current price of ₹4,064.70 — trading 26.8% below its estimated fair value. The current Forward PE Ratio is 84.22 and 491.8% above the Retail - Defensive industry median of 14.23. Avenue Supermarts' overall GF Score™ is 98/100. 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 Avenue Supermarts (NSE:DMART), the current Forward PE Ratio is 84.22 as of Jul. 07, 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 Avenue Supermarts (NSE:DMART) Overvalued in 2026?
Based on GuruFocus' analysis, Avenue Supermarts stock appears to be undervalued.
The current stock price of ₹4,064.70 is trading 26.8% below its estimated GF Value™ of ₹5,551.78.
GuruFocus considers Avenue Supermarts to be Modestly Undervalued.
Key valuation signals for NSE:DMART:
Forward PE Ratio: 84.22
GF Value™: ₹5,551.78 vs. price of ₹4,064.70 (26.8% below fair value)
Industry Position: 491.8% above the Retail - Defensive median (#124 of 129)
No single metric tells the full story. See the NSE:DMART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Avenue Supermarts Ltd is an India-based company engaged in the business of organized retail and operates supermarkets under the brand name of D-Mart. It provides products under the categories of Foods, Non-Foods (FMCG) and General Merchandise and Apparel. Foods category includes products such as dairy, staples, groceries, snacks, frozen products, processed foods, beverages and confectionary and fruits and vegetables. Non-Foods (FMCG) comprises home care products, personal care products, toiletries and other over-the-counter products. General Merchandise and Apparel include bed and bath, toys and games, crockery, plastic goods, garments, footwear, utensils and home appliances. The business operations of the company are principally carried out in India.
98GF Score
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