Planet 13 Holdings (OTCPK:PLNH) 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 .
Planet 13 Holdings Forward PE Ratio Related Terms
Planet 13 Holdings Forward PE Ratio Historical Data
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The historical data trend for Planet 13 Holdings'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.
Planet 13 Holdings Forward PE Ratio Chart
Planet 13 Holdings Annual Data
Trend
2021-12
Forward PE Ratio
42.19
Planet 13 Holdings Quarterly Data
2021-03
2021-06
2021-09
2021-12
2022-03
2025-06
Forward PE Ratio
75.76
63.69
38.91
42.19
31.06
18.72
PLNH vs ZTS, UTHR: Forward PE Ratio Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Planet 13 Holdings'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.
Planet 13 Holdings Forward PE Ratio vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Planet 13 Holdings's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Planet 13 Holdings'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.
Planet 13 Holdings (PLNH) has a Forward PE Ratio of 13.33 as of Jul. 03, 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 Planet 13 Holdings and its competitors. According to the industry distribution chart, Planet 13 Holdings ranks #31 out of 407 companies in the Drug Manufacturers industry, placing it in the top 7.6%.
Is Planet 13 Holdings' Forward PE Ratio too high?
Planet 13 Holdings' current Forward PE Ratio is 13.33. The Drug Manufacturers industry median Forward PE Ratio is 17.37. Planet 13 Holdings' value of 13.33 is 23.3% below this industry median. Based on the distribution chart, Planet 13 Holdings ranks #31 out of 407 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Planet 13 Holdings has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Planet 13 Holdings' Forward PE Ratio compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Planet 13 Holdings ranks #31 out of 407 companies for Forward PE Ratio. This places Planet 13 Holdings in the top 8% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 17.37. Planet 13 Holdings' value of 13.33 is 23.3% 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 Drug Manufacturers company?
The median Forward PE Ratio among Drug Manufacturers companies is 17.37, based on 407 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. Planet 13 Holdings's current Forward PE Ratio of 13.33 is 23.3% 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 Planet 13 Holdings and its competitors. For the Drug Manufacturers industry, the median Forward PE Ratio is 17.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Planet 13 Holdings's current Forward PE Ratio is 13.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Planet 13 Holdings stock overvalued right now?
Based on GuruFocus' analysis, Planet 13 Holdings (PLNH) is currently considered Possible Value Trap. The stock's GF Value™ is $0.28, compared to a current price of $0.13 — trading 52.9% below its estimated fair value. The current Forward PE Ratio is 13.33 and 23.3% below the Drug Manufacturers industry median of 17.37. Planet 13 Holdings' overall GF Score™ is 33/100 with 7 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 Planet 13 Holdings (PLNH), the current Forward PE Ratio is 13.33 as of Jul. 03, 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 Planet 13 Holdings (PLNH) Overvalued in 2026?
Based on GuruFocus' analysis, Planet 13 Holdings stock appears to be undervalued.
The current stock price of $0.13 is trading 52.9% below its estimated GF Value™ of $0.28.
GuruFocus considers Planet 13 Holdings to be Possible Value Trap.
Key valuation signals for PLNH:
Forward PE Ratio: 13.33
GF Value™: $0.28 vs. price of $0.13 (52.9% below fair value)
Industry Position: 23.3% below the Drug Manufacturers median (#31 of 407)
No single metric tells the full story. See the PLNH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Planet 13 Holdings Inc a vertically integrated cultivator and provider of cannabis and cannabis-infused products in the States of Nevada and California, with retail cannabis operations in Illinois. The company owns and manufactures cannabis products under the following brands: HaHa (gummies and beverages), Dreamland (chocolates), TRENDI (vapes and concentrates), Medizin (flower, vapes, concentrates), Leaf and Vine (vapes).
33GF Score
Get the complete analysis for PLNH
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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