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Mahanagar Telephone Nigam (NSE:MTNL) 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 .
Mahanagar Telephone Nigam Forward PE Ratio Related Terms
Mahanagar Telephone Nigam Forward PE Ratio Historical Data
* 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.
Mahanagar Telephone Nigam Forward PE Ratio Chart
Mahanagar Telephone Nigam Annual Data
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Forward PE Ratio
Mahanagar Telephone Nigam Quarterly Data
Forward PE Ratio
NSE:MTNL vs VZ, TMUS, T: Forward PE Ratio Comparison
For the Telecom Services subindustry, Mahanagar Telephone Nigam'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.
Mahanagar Telephone Nigam Forward PE Ratio vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Mahanagar Telephone Nigam's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Mahanagar Telephone Nigam's Forward PE Ratio falls into.
Mahanagar Telephone Nigam 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.
Mahanagar Telephone Nigam (NSE:MTNL) has a Forward PE Ratio of 0.00 as of Aug. 27, 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 Mahanagar Telephone Nigam and its competitors. According to the industry distribution chart, Mahanagar Telephone Nigam ranks #999999 out of 211 companies in the Telecommunication Services industry.
Is Mahanagar Telephone Nigam's Forward PE Ratio too high?
Mahanagar Telephone Nigam's current Forward PE Ratio is 0.00. Based on the distribution chart, Mahanagar Telephone Nigam ranks #999999 out of 211 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Mahanagar Telephone Nigam has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mahanagar Telephone Nigam's Forward PE Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Mahanagar Telephone Nigam ranks #999999 out of 211 companies for Forward PE Ratio. This places Mahanagar Telephone Nigam in the lower half of its industry. The industry median Forward PE Ratio is 14.80. 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 Telecommunication Services company?
The median Forward PE Ratio among Telecommunication Services companies is 14.80, based on 211 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 Mahanagar Telephone Nigam and its competitors. For the Telecommunication Services industry, the median Forward PE Ratio is 14.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mahanagar Telephone Nigam'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 Mahanagar Telephone Nigam stock overvalued right now?
Based on GuruFocus' analysis, Mahanagar Telephone Nigam (NSE:MTNL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹43.47, compared to a current price of ₹26.79 — trading 38.4% below its estimated fair value. The current Forward PE Ratio is 0.00. Mahanagar Telephone Nigam's overall GF Score™ is 51/100 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 Mahanagar Telephone Nigam (NSE:MTNL), the current Forward PE Ratio is 0.00 as of Aug. 27, 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 Mahanagar Telephone Nigam (NSE:MTNL) Overvalued in 2026?
Based on GuruFocus' analysis, Mahanagar Telephone Nigam stock appears to be undervalued.
The current stock price of ₹26.79 is trading 38.4% below its estimated GF Value™ of ₹43.47.
GuruFocus considers Mahanagar Telephone Nigam to be Possible Value Trap.
Key valuation signals for NSE:MTNL:
Forward PE Ratio: 0.00
GF Value™: ₹43.47 vs. price of ₹26.79 (38.4% below fair value)
No single metric tells the full story. See the NSE:MTNL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mahanagar Telephone Nigam Ltd is an India-based company that provides telecommunications services. The company's operating segment includes the Basic and Cellular segments. It generates maximum revenue from the Basic segment. The company offers various telecom services, including fixed telephone service, GSM (including 3G services), Internet, Broadband, ISDN, and Leased Line services.
51GF Score
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Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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