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VST Industries (NSE:VSTIND) 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 .
VST Industries Forward PE Ratio Related Terms
VST Industries Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for VST 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.
VST Industries Forward PE Ratio Chart
VST Industries Annual Data
Trend
2025-03
2026-03
Forward PE Ratio
13.16
9.27
VST Industries Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
16.69
13.16
14.84
13.05
11.43
9.27
NSE:VSTIND vs PM, MO, TPB: Forward PE Ratio Comparison
For the Tobacco subindustry, VST 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.
VST Industries Forward PE Ratio vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, VST Industries's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where VST 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.
VST Industries (NSE:VSTIND) has a Forward PE Ratio of 10.40 as of Jul. 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 VST Industries and its competitors. According to the industry distribution chart, VST Industries ranks #12 out of 24 companies in the Tobacco Products industry, placing it in the top 50%.
Is VST Industries' Forward PE Ratio too high?
VST Industries' current Forward PE Ratio is 10.40. The Tobacco Products industry median Forward PE Ratio is 11.85. VST Industries' value of 10.40 is 12.2% below this industry median. Based on the distribution chart, VST Industries ranks #12 out of 24 companies in the Tobacco Products industry, which is above the industry midpoint. Overall, VST Industries has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VST Industries' Forward PE Ratio compare to PM and MO?
According to the Tobacco Products industry distribution chart, VST Industries ranks #12 out of 24 companies for Forward PE Ratio. This puts VST Industries in the upper half of its industry. The industry median Forward PE Ratio is 11.85. VST Industries' value of 10.40 is 12.2% 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 Tobacco Products company?
The median Forward PE Ratio among Tobacco Products companies is 11.85, based on 24 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. VST Industries's current Forward PE Ratio of 10.40 is 12.2% 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 VST Industries and its competitors. For the Tobacco Products industry, the median Forward PE Ratio is 11.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VST Industries's current Forward PE Ratio is 10.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VST Industries stock overvalued right now?
Based on GuruFocus' analysis, VST Industries (NSE:VSTIND) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹350.59, compared to a current price of ₹235.15 — trading 32.9% below its estimated fair value. The current Forward PE Ratio is 10.40 and 12.2% below the Tobacco Products industry median of 11.85. VST Industries' overall GF Score™ is 84/100 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 VST Industries (NSE:VSTIND), the current Forward PE Ratio is 10.40 as of Jul. 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 VST Industries (NSE:VSTIND) Overvalued in 2026?
Based on GuruFocus' analysis, VST Industries stock appears to be undervalued.
The current stock price of ₹235.15 is trading 32.9% below its estimated GF Value™ of ₹350.59.
GuruFocus considers VST Industries to be Significantly Undervalued.
Key valuation signals for NSE:VSTIND:
Forward PE Ratio: 10.40
GF Value™: ₹350.59 vs. price of ₹235.15 (32.9% below fair value)
Industry Position: 12.2% below the Tobacco Products median (#12 of 24)
No single metric tells the full story. See the NSE:VSTIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VST Industries Ltd manufactures and distributes cigarettes and unmanufactured tobacco under the brand names Charms, Charminar, Gold, Moments, and Zaffran. The company operates its business out of India. In terms of revenue from operations, a majority comes from the sale of cigarettes and the remainder generally comes from the sale of unmanufactured tobacco. It has a single operating segment which is. Tobacco and related products. Geographical segments consist of sales within India and sales outside of India with a majority derived from India.
84GF 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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