Netum Group Oyj (OHEL:NETUM) 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 .
Netum Group Oyj Forward PE Ratio Related Terms
Netum Group Oyj Forward PE Ratio Historical Data
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The historical data trend for Netum Group Oyj'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.
Netum Group Oyj Forward PE Ratio Chart
Netum Group Oyj Annual Data
Trend
2021-12
2022-12
2024-12
2025-12
Forward PE Ratio
23.53
22.08
10.00
28.75
Netum Group Oyj Semi-Annual Data
2021-06
2021-12
2022-06
2022-12
2023-06
2024-12
2025-06
2025-12
Forward PE Ratio
45.25
23.53
23.36
22.08
29.07
10.00
13.50
28.75
OHEL:NETUM vs IBM, ACN, FISV: Forward PE Ratio Comparison
For the Information Technology Services subindustry, Netum Group Oyj'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.
Netum Group Oyj Forward PE Ratio vs Software Industry
For the Software industry and Technology sector, Netum Group Oyj's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Netum Group Oyj'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.
Netum Group Oyj (OHEL:NETUM) has a Forward PE Ratio of 11.33 as of Jul. 06, 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 Netum Group Oyj and its competitors. According to the industry distribution chart, Netum Group Oyj ranks #262 out of 1167 companies in the Software industry, placing it in the top 22.5%.
Is Netum Group Oyj's Forward PE Ratio too high?
Netum Group Oyj's current Forward PE Ratio is 11.33. The Software industry median Forward PE Ratio is 18.50. Netum Group Oyj's value of 11.33 is 38.8% below this industry median. Based on the distribution chart, Netum Group Oyj ranks #262 out of 1167 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Netum Group Oyj has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Netum Group Oyj's Forward PE Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Netum Group Oyj ranks #262 out of 1167 companies for Forward PE Ratio. This places Netum Group Oyj in the top 23% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 18.50. Netum Group Oyj's value of 11.33 is 38.8% 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 Software company?
The median Forward PE Ratio among Software companies is 18.50, based on 1,167 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. Netum Group Oyj's current Forward PE Ratio of 11.33 is 38.8% 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 Netum Group Oyj and its competitors. For the Software industry, the median Forward PE Ratio is 18.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netum Group Oyj's current Forward PE Ratio is 11.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netum Group Oyj stock overvalued right now?
Based on GuruFocus' analysis, Netum Group Oyj (OHEL:NETUM) is currently considered Possible Value Trap. The stock's GF Value™ is €2.45, compared to a current price of €1.01 — trading 58.8% below its estimated fair value. The current Forward PE Ratio is 11.33 and 38.8% below the Software industry median of 18.50. Netum Group Oyj's overall GF Score™ is 57/100 with 6 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 Netum Group Oyj (OHEL:NETUM), the current Forward PE Ratio is 11.33 as of Jul. 06, 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 Netum Group Oyj (OHEL:NETUM) Overvalued in 2026?
Based on GuruFocus' analysis, Netum Group Oyj stock appears to be undervalued.
The current stock price of €1.01 is trading 58.8% below its estimated GF Value™ of €2.45.
GuruFocus considers Netum Group Oyj to be Possible Value Trap.
Key valuation signals for OHEL:NETUM:
Forward PE Ratio: 11.33
GF Value™: €2.45 vs. price of €1.01 (58.8% below fair value)
Industry Position: 38.8% below the Software median (#262 of 1167)
No single metric tells the full story. See the OHEL:NETUM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Netum Group Oyj is a fast-growing information technology service house. The company serves public administration and corporate customers with the legacy of digi concept, which combines existing traditional information technology solutions with the latest digital applications. Netum's services include digital services development, system continuity services, data and analysis services, integration services, cyber security services, and management consulting services.
57GF Score
Get the complete analysis for OHEL:NETUM
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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