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SpareBank 1 Ringerike Hadeland (OSL:RING) 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 .
SpareBank 1 Ringerike Hadeland Forward PE Ratio Related Terms
SpareBank 1 Ringerike Hadeland Forward PE Ratio Historical Data
* 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.
SpareBank 1 Ringerike Hadeland Forward PE Ratio Chart
SpareBank 1 Ringerike Hadeland Annual Data
Trend
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
8.95
10.13
12.74
10.59
10.32
9.72
12.07
SpareBank 1 Ringerike Hadeland Quarterly Data
2019-12
2020-03
2020-06
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
Forward PE Ratio
8.95
7.63
14.03
10.13
10.13
12.42
12.22
12.90
12.74
13.99
13.51
10.53
10.59
10.43
10.27
9.86
10.32
7.96
9.13
8.97
9.72
10.17
10.17
11.43
12.07
11.69
SpareBank 1 Ringerike Hadeland Forward PE Ratio Competitor Comparison
For the Banks - Regional subindustry, SpareBank 1 Ringerike Hadeland'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.
SpareBank 1 Ringerike Hadeland Forward PE Ratio vs Banks Industry
For the Banks industry and Financial Services sector, SpareBank 1 Ringerike Hadeland's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where SpareBank 1 Ringerike Hadeland's Forward PE Ratio falls into.
SpareBank 1 Ringerike Hadeland 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.
SpareBank 1 Ringerike Hadeland (OSL:RING) has a Forward PE Ratio of 11.48 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 SpareBank 1 Ringerike Hadeland and its competitors. According to the industry distribution chart, SpareBank 1 Ringerike Hadeland ranks #424 out of 819 companies in the Banks industry, placing it in the top 51.8%.
Is SpareBank 1 Ringerike Hadeland's Forward PE Ratio too high?
SpareBank 1 Ringerike Hadeland's current Forward PE Ratio is 11.48. The Banks industry median Forward PE Ratio is 11.32. SpareBank 1 Ringerike Hadeland's value of 11.48 is 1.4% above this industry median. Based on the distribution chart, SpareBank 1 Ringerike Hadeland ranks #424 out of 819 companies in the Banks industry, which is below the industry midpoint. Overall, SpareBank 1 Ringerike Hadeland has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SpareBank 1 Ringerike Hadeland's Forward PE Ratio compare to competitors?
According to the Banks industry distribution chart, SpareBank 1 Ringerike Hadeland ranks #424 out of 819 companies for Forward PE Ratio. This places SpareBank 1 Ringerike Hadeland in the lower half of its industry. The industry median Forward PE Ratio is 11.32. SpareBank 1 Ringerike Hadeland's value of 11.48 is 1.4% 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 a Banks company?
The median Forward PE Ratio among Banks companies is 11.32, based on 819 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. SpareBank 1 Ringerike Hadeland's current Forward PE Ratio of 11.48 is 1.4% 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 SpareBank 1 Ringerike Hadeland and its competitors. For the Banks industry, the median Forward PE Ratio is 11.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SpareBank 1 Ringerike Hadeland's current Forward PE Ratio is 11.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SpareBank 1 Ringerike Hadeland stock overvalued right now?
Based on GuruFocus' analysis, SpareBank 1 Ringerike Hadeland (OSL:RING) is currently considered Fairly Valued. The stock's GF Value™ is kr404.71, compared to a current price of kr421.00 — trading 4% above its estimated fair value. The current Forward PE Ratio is 11.48 and 1.4% above the Banks industry median of 11.32. SpareBank 1 Ringerike Hadeland's overall GF Score™ is 65/100 with 5 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 SpareBank 1 Ringerike Hadeland (OSL:RING), the current Forward PE Ratio is 11.48 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 SpareBank 1 Ringerike Hadeland (OSL:RING) Overvalued in 2026?
Based on GuruFocus' analysis, SpareBank 1 Ringerike Hadeland stock appears to be overvalued.
The current stock price of kr421.00 is trading 4% above its estimated GF Value™ of kr404.71.
GuruFocus considers SpareBank 1 Ringerike Hadeland to be Fairly Valued.
Key valuation signals for OSL:RING:
Forward PE Ratio: 11.48
GF Value™: kr404.71 vs. price of kr421.00 (4% above fair value)
Industry Position: 1.4% above the Banks median (#424 of 819)
No single metric tells the full story. See the OSL:RING stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SpareBank 1 Ringerike Hadeland Business Description
SpareBank 1 Ringerike Hadeland is a savings bank in Norway offering financing, placement, payment services, pensions, and life insurance. Its business is organized into two sections, personal and corporate market. The Bank serves less self-employed, agricultural, and business class customers as well. The Bank also provides credit cards, debit cards, structured products, stock savings, mobile banking and online banking services. The company has one segment, which is lending to finance commercial property, including lending that represents the joint debt of a condominium or housing association.
65GF Score
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