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NCL Industries (NSE:NCLIND) 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 .
NCL Industries Forward PE Ratio Related Terms
NCL Industries Forward PE Ratio Historical Data
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The historical data trend for NCL Industries'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.
NCL Industries Forward PE Ratio Chart
NCL Industries Annual Data
Trend
2025-03
Forward PE Ratio
5.92
NCL Industries Quarterly Data
2024-12
2025-03
2025-06
2025-09
Forward PE Ratio
7.36
5.92
7.48
6.51
NSE:NCLIND vs CRH, VMC, MLM: Forward PE Ratio Comparison
For the Building Materials subindustry, NCL Industries'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.
NCL Industries Forward PE Ratio vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, NCL Industries's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where NCL Industries'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.
NCL Industries (NSE:NCLIND) has a Forward PE Ratio of 6.48 as of Aug. 11, 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 NCL Industries and its competitors. According to the industry distribution chart, NCL Industries ranks #12 out of 158 companies in the Building Materials industry, placing it in the top 7.6%.
Is NCL Industries' Forward PE Ratio too high?
NCL Industries' current Forward PE Ratio is 6.48. The Building Materials industry median Forward PE Ratio is 13.87. NCL Industries' value of 6.48 is 53.3% below this industry median. Based on the distribution chart, NCL Industries ranks #12 out of 158 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, NCL Industries has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NCL Industries' Forward PE Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, NCL Industries ranks #12 out of 158 companies for Forward PE Ratio. This places NCL Industries in the top 8% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 13.87. NCL Industries' value of 6.48 is 53.3% 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 Building Materials company?
The median Forward PE Ratio among Building Materials companies is 13.87, based on 158 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. NCL Industries's current Forward PE Ratio of 6.48 is 53.3% 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 NCL Industries and its competitors. For the Building Materials industry, the median Forward PE Ratio is 13.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NCL Industries's current Forward PE Ratio is 6.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NCL Industries stock overvalued right now?
Based on GuruFocus' analysis, NCL Industries (NSE:NCLIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹196.52, compared to a current price of ₹174.08 — trading 11.4% below its estimated fair value. The current Forward PE Ratio is 6.48 and 53.3% below the Building Materials industry median of 13.87. NCL Industries' overall GF Score™ is 75/100 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 NCL Industries (NSE:NCLIND), the current Forward PE Ratio is 6.48 as of Aug. 11, 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 NCL Industries (NSE:NCLIND) Overvalued in 2026?
Based on GuruFocus' analysis, NCL Industries stock appears to be undervalued.
The current stock price of ₹174.08 is trading 11.4% below its estimated GF Value™ of ₹196.52.
GuruFocus considers NCL Industries to be Modestly Undervalued.
Key valuation signals for NSE:NCLIND:
Forward PE Ratio: 6.48
GF Value™: ₹196.52 vs. price of ₹174.08 (11.4% below fair value)
Industry Position: 53.3% below the Building Materials median (#12 of 158)
No single metric tells the full story. See the NSE:NCLIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NCL Industries Ltd is principally engaged in the business of manufacturing and selling Cement, Ready Mix Concrete (RMC), Cement Bonded Particle Boards (CBPB), and Prefab Shelters. The company's operating segment includes Cement; Boards; Energy, Readymade Doors, and Ready Mix Concrete. It generates maximum revenue from the Cement segment. Geographically, it derives a majority of its revenue from India.
75GF 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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