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V-Guard Industries (NSE:VGUARD) 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 .
V-Guard Industries Forward PE Ratio Related Terms
V-Guard Industries Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for V-Guard 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.
V-Guard Industries Forward PE Ratio Chart
V-Guard Industries Annual Data
Trend
2025-03
2026-03
Forward PE Ratio
37.23
33.00
V-Guard Industries Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
42.50
37.23
42.54
43.74
33.29
33.00
32.92
NSE:VGUARD vs VRT, BE: Forward PE Ratio Comparison
For the Electrical Equipment & Parts subindustry, V-Guard 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.
V-Guard Industries Forward PE Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, V-Guard Industries's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where V-Guard 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.
V-Guard Industries (NSE:VGUARD) has a Forward PE Ratio of 35.21 as of Aug. 17, 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 V-Guard Industries and its competitors. According to the industry distribution chart, V-Guard Industries ranks #929 out of 1289 companies in the Industrial Products industry, placing it in the top 72.1%.
Is V-Guard Industries' Forward PE Ratio too high?
V-Guard Industries' current Forward PE Ratio is 35.21. The Industrial Products industry median Forward PE Ratio is 20.25. V-Guard Industries' value of 35.21 is 73.9% above this industry median. Based on the distribution chart, V-Guard Industries ranks #929 out of 1289 companies in the Industrial Products industry, which is below the industry midpoint. Overall, V-Guard Industries has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does V-Guard Industries' Forward PE Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, V-Guard Industries ranks #929 out of 1289 companies for Forward PE Ratio. This places V-Guard Industries in the lower half of its industry. The industry median Forward PE Ratio is 20.25. V-Guard Industries' value of 35.21 is 73.9% 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 20.25, based on 1,289 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. V-Guard Industries's current Forward PE Ratio of 35.21 is 73.9% 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 V-Guard Industries and its competitors. For the Industrial Products industry, the median Forward PE Ratio is 20.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. V-Guard Industries's current Forward PE Ratio is 35.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is V-Guard Industries stock overvalued right now?
Based on GuruFocus' analysis, V-Guard Industries (NSE:VGUARD) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹430.75, compared to a current price of ₹343.95 — trading 20.2% below its estimated fair value. The current Forward PE Ratio is 35.21 and 73.9% above the Industrial Products industry median of 20.25. V-Guard Industries' overall GF Score™ is 89/100 with 1 warning sign 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 V-Guard Industries (NSE:VGUARD), the current Forward PE Ratio is 35.21 as of Aug. 17, 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 V-Guard Industries (NSE:VGUARD) Overvalued in 2026?
Based on GuruFocus' analysis, V-Guard Industries stock appears to be undervalued.
The current stock price of ₹343.95 is trading 20.2% below its estimated GF Value™ of ₹430.75.
GuruFocus considers V-Guard Industries to be Modestly Undervalued.
Key valuation signals for NSE:VGUARD:
Forward PE Ratio: 35.21
GF Value™: ₹430.75 vs. price of ₹343.95 (20.2% below fair value)
Industry Position: 73.9% above the Industrial Products median (#929 of 1289)
No single metric tells the full story. See the NSE:VGUARD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
V-Guard Industries Ltd is an India-based consumer electrical and electronics company. It is involved in the manufacturing, trading, and selling of consumer electrical products. Its business segments are Electricals segment which includes PVC Insulated Cables, Switch Gears, Pumps and Modular Switches. The Electronics segment includes Stabilizers, Digital UPS and Solar Inverters. The Consumer segment Durables includes Fans, Water Heaters, Kitchen Appliances, Air Coolers, and Sunflame segment includes products sold under trademark Sunflame and Superflame. The group derives a majority of the revenue from the Electricals segment. Geographically, the company has operations in India.
89GF 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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