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LIC Housing Finance (NSE:LICHSGFIN) 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 .
LIC Housing Finance Forward PE Ratio Related Terms
LIC Housing Finance Forward PE Ratio Historical Data
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The historical data trend for LIC Housing Finance'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.
LIC Housing Finance Forward PE Ratio Chart
LIC Housing Finance Annual Data
Trend
2016-03
2018-03
2019-03
2020-03
2021-03
2022-03
2023-03
2025-03
2026-03
Forward PE Ratio
9.35
11.19
9.95
4.08
7.23
6.12
4.95
5.69
5.14
LIC Housing Finance Quarterly Data
2016-03
2018-03
2018-06
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
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
9.35
11.19
10.09
8.87
9.43
9.95
9.73
7.02
7.28
4.08
22.52
7.75
6.86
7.23
7.82
12.27
6.72
6.12
5.25
6.78
6.23
4.95
5.87
6.26
5.69
6.25
5.79
5.44
5.14
5.46
NSE:LICHSGFIN vs RKT, FNMA, PFSI: Forward PE Ratio Comparison
For the Mortgage Finance subindustry, LIC Housing Finance'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.
LIC Housing Finance Forward PE Ratio vs Banks Industry
For the Banks industry and Financial Services sector, LIC Housing Finance's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where LIC Housing Finance'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.
LIC Housing Finance (NSE:LICHSGFIN) has a Forward PE Ratio of 5.28 as of Sep. 01, 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 LIC Housing Finance and its competitors. According to the industry distribution chart, LIC Housing Finance ranks #70 out of 817 companies in the Banks industry, placing it in the top 8.6%.
Is LIC Housing Finance's Forward PE Ratio too high?
LIC Housing Finance's current Forward PE Ratio is 5.28. The Banks industry median Forward PE Ratio is 11.18. LIC Housing Finance's value of 5.28 is 52.8% below this industry median. Based on the distribution chart, LIC Housing Finance ranks #70 out of 817 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, LIC Housing Finance has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LIC Housing Finance's Forward PE Ratio compare to RKT and FNMA?
According to the Banks industry distribution chart, LIC Housing Finance ranks #70 out of 817 companies for Forward PE Ratio. This places LIC Housing Finance in the top 9% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 11.18. LIC Housing Finance's value of 5.28 is 52.8% below 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 Banks company?
The median Forward PE Ratio among Banks companies is 11.18, based on 817 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. LIC Housing Finance's current Forward PE Ratio of 5.28 is 52.8% below 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 LIC Housing Finance and its competitors. For the Banks industry, the median Forward PE Ratio is 11.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LIC Housing Finance's current Forward PE Ratio is 5.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LIC Housing Finance stock overvalued right now?
Based on GuruFocus' analysis, LIC Housing Finance (NSE:LICHSGFIN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹599.93, compared to a current price of ₹538.40 — trading 10.3% below its estimated fair value. The current Forward PE Ratio is 5.28 and 52.8% below the Banks industry median of 11.18. LIC Housing Finance's overall GF Score™ is 74/100 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 LIC Housing Finance (NSE:LICHSGFIN), the current Forward PE Ratio is 5.28 as of Sep. 01, 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 LIC Housing Finance (NSE:LICHSGFIN) Overvalued in 2026?
Based on GuruFocus' analysis, LIC Housing Finance stock appears to be undervalued.
The current stock price of ₹538.40 is trading 10.3% below its estimated GF Value™ of ₹599.93.
GuruFocus considers LIC Housing Finance to be Modestly Undervalued.
Key valuation signals for NSE:LICHSGFIN:
Forward PE Ratio: 5.28
GF Value™: ₹599.93 vs. price of ₹538.40 (10.3% below fair value)
Industry Position: 52.8% below the Banks median (#70 of 817)
No single metric tells the full story. See the NSE:LICHSGFIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LIC Housing Finance Ltd is a housing finance company that provides loans in India. Its main objective is to provides long-term finance to individuals for the purchase or construction of houses/flats for residential purposes. also provides finance on existing property for business/ personal needs and also gives loans to professionals for the purchase/ construction of clinics, nursing homes, diagnostic centres, office spaces, and equipment. The company also provides finance to builders and developers engaged in the business of construction of houses or flats for residential purposes and to be sold by them.
74GF Score
Get the complete analysis for NSE:LICHSGFIN
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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