Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
MTAR Technologies (NSE:MTARTECH) 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 .
MTAR Technologies Forward PE Ratio Related Terms
MTAR Technologies Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for MTAR Technologies'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.
MTAR Technologies Forward PE Ratio Chart
MTAR Technologies Annual Data
Trend
2025-03
2026-03
Forward PE Ratio
29.59
55.56
MTAR Technologies Quarterly Data
2022-12
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
41.84
35.87
29.59
42.51
52.71
40.20
55.56
NSE:MTARTECH vs GEV, ETN, PH: Forward PE Ratio Comparison
For the Specialty Industrial Machinery subindustry, MTAR Technologies'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.
MTAR Technologies Forward PE Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, MTAR Technologies's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where MTAR Technologies'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.
MTAR Technologies (NSE:MTARTECH) has a Forward PE Ratio of 79.19 as of Jul. 21, 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 MTAR Technologies and its competitors. According to the industry distribution chart, MTAR Technologies ranks #1190 out of 1287 companies in the Industrial Products industry, placing it in the top 92.5%.
Is MTAR Technologies' Forward PE Ratio too high?
MTAR Technologies' current Forward PE Ratio is 79.19. The Industrial Products industry median Forward PE Ratio is 18.78. MTAR Technologies' value of 79.19 is 321.7% above this industry median. Based on the distribution chart, MTAR Technologies ranks #1190 out of 1287 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, MTAR Technologies has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MTAR Technologies' Forward PE Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, MTAR Technologies ranks #1190 out of 1287 companies for Forward PE Ratio. This places MTAR Technologies in the lower half of its industry. The industry median Forward PE Ratio is 18.78. MTAR Technologies' value of 79.19 is 321.7% 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 18.78, based on 1,287 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. MTAR Technologies's current Forward PE Ratio of 79.19 is 321.7% 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 MTAR Technologies and its competitors. For the Industrial Products industry, the median Forward PE Ratio is 18.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MTAR Technologies's current Forward PE Ratio is 79.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MTAR Technologies stock overvalued right now?
Based on GuruFocus' analysis, MTAR Technologies (NSE:MTARTECH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3,524.64, compared to a current price of ₹5,744.00 — trading 63% above its estimated fair value. The current Forward PE Ratio is 79.19 and 321.7% above the Industrial Products industry median of 18.78. MTAR Technologies' overall GF Score™ is 70/100 with 4 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 MTAR Technologies (NSE:MTARTECH), the current Forward PE Ratio is 79.19 as of Jul. 21, 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 MTAR Technologies (NSE:MTARTECH) Overvalued in 2026?
Based on GuruFocus' analysis, MTAR Technologies stock appears to be overvalued.
The current stock price of ₹5,744.00 is trading 63% above its estimated GF Value™ of ₹3,524.64.
GuruFocus considers MTAR Technologies to be Significantly Overvalued.
Key valuation signals for NSE:MTARTECH:
Forward PE Ratio: 79.19
GF Value™: ₹3,524.64 vs. price of ₹5,744.00 (63% above fair value)
Industry Position: 321.7% above the Industrial Products median (#1190 of 1287)
No single metric tells the full story. See the NSE:MTARTECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MTAR Technologies Ltd is a national player in the precision engineering industry. It is engaged in the manufacturing of mission-critical precision components with close tolerance and in critical assemblies through its precision machining, assembly, specialized fabrication, testing, and quality control processes. A wide range of complex product portfolios meets the varied requirements of the Nuclear, Space and Defence, and Clean Energy sector. Geographically, it operates in India as well as Outside India.
70GF Score
Get the complete analysis for NSE:MTARTECH
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:MTARTECH has been successfully added to your 
