Kitron ASA (OSL:KIT) Forward PE Ratio: 21.15 (As of Jul. 25, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OSL:KIT Kitron ASA OSL:KIT
92 GF Score
Price kr87.60
GF Value kr54.16
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Kitron ASA Forward PE Ratio?

Kitron ASA OSL:KIT -1.07% 92 Forward PE Ratio is 21.15 as of Jul. 25, 2026. GuruFocus rates OSL:KIT with a GF Score™ of 92/100 and a GF Value™ of kr54.16 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,018 Hardware companies, Kitron ASA ranks better than 50.98% on this metric.

Kitron ASA's Forward PE Ratio for today is 21.15.

Kitron ASA's PE Ratio without NRI for today is 24.07.

Kitron ASA's PE Ratio (TTM) for today is 24.07.


Kitron ASA  (OSL:KIT) 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 .


Kitron ASA Forward PE Ratio Related Terms


Kitron ASA Forward PE Ratio Historical Data

* Premium members only.

The historical data trend for Kitron ASA'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.

Kitron ASA Forward PE Ratio Chart

Kitron ASA Annual Data
Trend 2020-12 2021-12 2022-12 2023-12 2024-12 2025-12
Forward PE Ratio
14.99 13.85 16.03 12.11 14.46 21.51

Kitron ASA Quarterly Data
2020-09 2020-12 2021-03 2021-06 2021-09 2021-12 2022-03 2022-06 2022-09 2022-12 2023-03 2023-06 2023-09 2023-12 2024-03 2024-06 2024-09 2024-12 2025-03 2025-06 2025-09 2025-12 2026-03 2026-06
Forward PE Ratio 15.50 14.99 18.18 17.09 13.32 13.85 13.44 12.08 10.29 16.03 18.48 14.88 10.66 12.11 12.35 13.85 12.85 14.46 19.37 25.86 18.30 21.51 24.27 25.80

OSL:KIT vs APH, GLW, TEL: Forward PE Ratio Comparison

For the Electronic Components subindustry, Kitron ASA'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.


Kitron ASA Forward PE Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Kitron ASA's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Kitron ASA's Forward PE Ratio falls into.


OSL:KIT
92GF Score
Kitron ASA OSL:KIT
Forward PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kitron ASA 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.

Frequently Asked Questions Learn more about Forward PE Ratio →
What does a Forward PE Ratio of 21.15 mean?
Kitron ASA (OSL:KIT) has a Forward PE Ratio of 21.15 as of Jul. 25, 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 Kitron ASA and its competitors. According to the industry distribution chart, Kitron ASA ranks #499 out of 1018 companies in the Hardware industry, placing it in the top 49%.
Is Kitron ASA's Forward PE Ratio too high?
Kitron ASA's current Forward PE Ratio is 21.15. The Hardware industry median Forward PE Ratio is 21.42. Kitron ASA's value of 21.15 is 1.3% below this industry median. Based on the distribution chart, Kitron ASA ranks #499 out of 1018 companies in the Hardware industry, which is above the industry midpoint. Overall, Kitron ASA has a GF Score™ of 92/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kitron ASA's Forward PE Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Kitron ASA ranks #499 out of 1018 companies for Forward PE Ratio. This puts Kitron ASA in the upper half of its industry. The industry median Forward PE Ratio is 21.42. Kitron ASA's value of 21.15 is 1.3% 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 Hardware company?
The median Forward PE Ratio among Hardware companies is 21.42, based on 1,018 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. Kitron ASA's current Forward PE Ratio of 21.15 is 1.3% 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 Kitron ASA and its competitors. For the Hardware industry, the median Forward PE Ratio is 21.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kitron ASA's current Forward PE Ratio is 21.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kitron ASA stock overvalued right now?
Based on GuruFocus' analysis, Kitron ASA (OSL:KIT) is currently considered Significantly Overvalued. The stock's GF Value™ is kr54.16, compared to a current price of kr87.60 — trading 61.7% above its estimated fair value. The current Forward PE Ratio is 21.15 and 1.3% below the Hardware industry median of 21.42. Kitron ASA's overall GF Score™ is 92/100 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 Kitron ASA (OSL:KIT), the current Forward PE Ratio is 21.15 as of Jul. 25, 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 Kitron ASA (OSL:KIT) Overvalued in 2026?

Based on GuruFocus' analysis, Kitron ASA stock appears to be overvalued. The current stock price of kr87.60 is trading 61.7% above its estimated GF Value™ of kr54.16. GuruFocus considers Kitron ASA to be Significantly Overvalued.

Key valuation signals for OSL:KIT:

  • Forward PE Ratio: 21.15
  • GF Value™: kr54.16 vs. price of kr87.60 (61.7% above fair value)
  • GF Score™: 92/100 with 1 warning sign
  • Industry Position: 1.3% below the Hardware median (#499 of 1018)

No single metric tells the full story. See the OSL:KIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kitron ASA Business Description

Address P O Box 97, Billingstad, NOR, 1375
Kitron ASA is an electronics manufacturing service company. It manufactures products that are embedded in the customers' products and box-built electronic products. The company provides a high-level assembly of complex electromechanical products and also provides various other services within development, industrialization, supply chain management, logistics, and aftermarket services. Geographically, the company in Norway, Nordics & U.S (excluding Norway) , CEE, Asia, and Other. It derives maximum revenue from Nordics & U.S (excluding Norway. It serves Defense/Aerospace, Energy/Telecoms, Industry, Medical Devices, and Offshore/Marine markets.
92GF Score

Get the complete analysis for OSL:KIT

Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr87.60
Price
kr54.16
GF Value