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Garware Hi-Tech Films (NSE:GRWRHITECH) 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 .
Garware Hi-Tech Films Forward PE Ratio Related Terms
Garware Hi-Tech Films Forward PE Ratio Historical Data
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The historical data trend for Garware Hi-Tech Films'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.
Garware Hi-Tech Films Forward PE Ratio Chart
Garware Hi-Tech Films Annual Data
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Forward PE Ratio
Garware Hi-Tech Films Quarterly Data
Forward PE Ratio
NSE:GRWRHITECH vs LIN, SHW, ECL: Forward PE Ratio Comparison
For the Specialty Chemicals subindustry, Garware Hi-Tech Films'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.
Garware Hi-Tech Films Forward PE Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Garware Hi-Tech Films's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Garware Hi-Tech Films's Forward PE Ratio falls into.
Garware Hi-Tech Films 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.
Garware Hi-Tech Films (NSE:GRWRHITECH) has a Forward PE Ratio of 0.00 as of Sep. 20, 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 Garware Hi-Tech Films and its competitors. According to the industry distribution chart, Garware Hi-Tech Films ranks #999999 out of 668 companies in the Chemicals industry.
Is Garware Hi-Tech Films' Forward PE Ratio too high?
Garware Hi-Tech Films' current Forward PE Ratio is 0.00. Based on the distribution chart, Garware Hi-Tech Films ranks #999999 out of 668 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Garware Hi-Tech Films has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Garware Hi-Tech Films' Forward PE Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Garware Hi-Tech Films ranks #999999 out of 668 companies for Forward PE Ratio. This places Garware Hi-Tech Films in the lower half of its industry. The industry median Forward PE Ratio is 15.73. 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 Chemicals company?
The median Forward PE Ratio among Chemicals companies is 15.73, based on 668 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 Garware Hi-Tech Films and its competitors. For the Chemicals industry, the median Forward PE Ratio is 15.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Garware Hi-Tech Films'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 Garware Hi-Tech Films stock overvalued right now?
Based on GuruFocus' analysis, Garware Hi-Tech Films (NSE:GRWRHITECH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3,882.15, compared to a current price of ₹6,724.50 — trading 73.2% above its estimated fair value. The current Forward PE Ratio is 0.00. Garware Hi-Tech Films' overall GF Score™ is 72/100 with 6 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 Garware Hi-Tech Films (NSE:GRWRHITECH), the current Forward PE Ratio is 0.00 as of Sep. 20, 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 Garware Hi-Tech Films (NSE:GRWRHITECH) Overvalued in 2026?
Based on GuruFocus' analysis, Garware Hi-Tech Films stock appears to be overvalued.
The current stock price of ₹6,724.50 is trading 73.2% above its estimated GF Value™ of ₹3,882.15.
GuruFocus considers Garware Hi-Tech Films to be Significantly Overvalued.
Key valuation signals for NSE:GRWRHITECH:
Forward PE Ratio: 0.00
GF Value™: ₹3,882.15 vs. price of ₹6,724.50 (73.2% above fair value)
No single metric tells the full story. See the NSE:GRWRHITECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Garware Hi-Tech Films Ltd is engaged in the business of manufacturing & Trading of specialty performance polyester Films like Sun Control window films used in Automobiles, Buildings, Paint Protection Films used in Automobiles and a variety of other specialty polyester films such as PET Shrink films used for Label applications, Low Oligomer PET films used for insulation of hermetically sealed compressors motors, Electric motor insulation and cable insulation, sequin application films, TV and LCD screen application, Packaging applications etc. The company leverages its nano-dispersion and other cutting-edge technologies and other cutting-edge technologies to maintain its market. Geographically, the company derives maximum revenue from USA customers. It has one segment: Polyester films.
72GF Score
Get the complete analysis for NSE:GRWRHITECH
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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