SMC (SMECF) Forward PE Ratio: 24.32 (As of Jul. 15, 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.

SMECF SMC Corp SMECF
95 GF Score
Price $433.00
GF Value $460.81
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is SMC Forward PE Ratio?

SMC SMECF -5.64% 95 Forward PE Ratio is 24.32 as of Jul. 15, 2026. GuruFocus rates SMECF with a GF Score™ of 95/100 and a GF Value™ of $460.81 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,285 Industrial Products companies, SMC ranks worse than 63.89% on this metric.

SMC's Forward PE Ratio for today is 24.32.

SMC's PE Ratio without NRI for today is 25.23.

SMC's PE Ratio (TTM) for today is 24.92.


SMC  (OTCPK:SMECF) 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 .


SMC Forward PE Ratio Related Terms


SMC Forward PE Ratio Historical Data

* Premium members only.

The historical data trend for SMC'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.

SMC Forward PE Ratio Chart

SMC Annual Data
Trend 2018-03 2019-03 2020-03 2021-03 2022-03 2023-03 2025-03 2026-03
Forward PE Ratio
17.48 20.96 24.27 32.47 22.12 22.47 19.62 21.28

SMC Quarterly Data
2018-03 2018-06 2018-09 2018-12 2019-03 2019-06 2019-09 2019-12 2020-03 2020-12 2021-03 2021-06 2021-09 2021-12 2022-03 2022-06 2022-09 2022-12 2023-03 2023-06 2023-09 2024-06 2024-09 2024-12 2025-03 2025-06 2025-09 2025-12 2026-03
Forward PE Ratio 17.48 16.08 14.73 16.95 20.96 23.70 28.01 24.94 24.27 30.49 32.47 31.45 30.12 27.55 22.12 17.57 17.30 14.49 22.47 25.51 21.83 25.32 21.05 19.13 19.62 19.91 18.16 20.49 21.28

SMECF vs GEV, ETN, PH: Forward PE Ratio Comparison

For the Specialty Industrial Machinery subindustry, SMC'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.


SMC Forward PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, SMC's Forward PE Ratio distribution charts can be found below:

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


SMECF
95GF Score
SMC Corp SMECF
Forward PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SMC 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 24.32 mean?
SMC (SMECF) has a Forward PE Ratio of 24.32 as of Jul. 15, 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 SMC and its competitors. According to the industry distribution chart, SMC ranks #821 out of 1285 companies in the Industrial Products industry, placing it in the top 63.9%.
Is SMC's Forward PE Ratio too high?
SMC's current Forward PE Ratio is 24.32. The Industrial Products industry median Forward PE Ratio is 19.45. SMC's value of 24.32 is 25% above this industry median. Based on the distribution chart, SMC ranks #821 out of 1285 companies in the Industrial Products industry, which is below the industry midpoint. Overall, SMC has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SMC's Forward PE Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, SMC ranks #821 out of 1285 companies for Forward PE Ratio. This places SMC in the lower half of its industry. The industry median Forward PE Ratio is 19.45. SMC's value of 24.32 is 25% 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 an Industrial Products company?
The median Forward PE Ratio among Industrial Products companies is 19.45, based on 1,285 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. SMC's current Forward PE Ratio of 24.32 is 25% 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 SMC and its competitors. For the Industrial Products industry, the median Forward PE Ratio is 19.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SMC's current Forward PE Ratio is 24.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMC stock overvalued right now?
Based on GuruFocus' analysis, SMC (SMECF) is currently considered Fairly Valued. The stock's GF Value™ is $460.81, compared to a current price of $433.00 — trading 6% below its estimated fair value. The current Forward PE Ratio is 24.32 and 25% above the Industrial Products industry median of 19.45. SMC's overall GF Score™ is 95/100 with 8 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 SMC (SMECF), the current Forward PE Ratio is 24.32 as of Jul. 15, 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 SMC (SMECF) Overvalued in 2026?

Based on GuruFocus' analysis, SMC stock appears to be undervalued. The current stock price of $433.00 is trading 6% below its estimated GF Value™ of $460.81. GuruFocus considers SMC to be Fairly Valued.

Key valuation signals for SMECF:

  • Forward PE Ratio: 24.32
  • GF Value™: $460.81 vs. price of $433.00 (6% below fair value)
  • GF Score™: 95/100 with 8 warning signs
  • Industry Position: 25% above the Industrial Products median (#821 of 1285)

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


SMC Business Description

Address 1-5-5 Kyobashi, Chuo-ku, Tokyo, JPN, 104-0031
SMC Corp manufactures automatic control and filtration equipment. Its main products include directional control devices, drive systems, pneumatic auxiliary equipment, temperature regulation units, and sensors. These are utilized across a wide range of industries, including steel, chemicals, food processing, physics, medical devices, and other related fields. The company's products are widely applied across sectors such as steel, chemicals, food processing, physics, medical devices, and other related industries.
95GF Score

Get the complete analysis for SMECF

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

$433.00
Price
$460.81
GF Value