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Smartoptics Group ASA (OTCPK:SMOPF) 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 .
Smartoptics Group ASA Forward PE Ratio Related Terms
Smartoptics Group ASA Forward PE Ratio Historical Data
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The historical data trend for Smartoptics Group 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.
Smartoptics Group ASA Forward PE Ratio Chart
Smartoptics Group ASA Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
29.84
22.02
Smartoptics Group ASA Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
29.84
33.04
37.76
23.42
22.02
18.32
66.88
SMOPF vs CSCO, CIEN, MSI: Forward PE Ratio Comparison
For the Communication Equipment subindustry, Smartoptics Group 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.
Smartoptics Group ASA Forward PE Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Smartoptics Group ASA's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Smartoptics Group ASA's Forward PE Ratio falls into.
Smartoptics Group 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.
Smartoptics Group ASA (SMOPF) has a Forward PE Ratio of 49.89 as of Jul. 18, 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 Smartoptics Group ASA and its competitors. According to the industry distribution chart, Smartoptics Group ASA ranks #819 out of 1018 companies in the Hardware industry, placing it in the top 80.5%.
Is Smartoptics Group ASA's Forward PE Ratio too high?
Smartoptics Group ASA's current Forward PE Ratio is 49.89. The Hardware industry median Forward PE Ratio is 21.83. Smartoptics Group ASA's value of 49.89 is 128.6% above this industry median. Based on the distribution chart, Smartoptics Group ASA ranks #819 out of 1018 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Smartoptics Group ASA has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Smartoptics Group ASA's Forward PE Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Smartoptics Group ASA ranks #819 out of 1018 companies for Forward PE Ratio. This places Smartoptics Group ASA in the lower half of its industry. The industry median Forward PE Ratio is 21.83. Smartoptics Group ASA's value of 49.89 is 128.6% 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 Hardware company?
The median Forward PE Ratio among Hardware companies is 21.83, 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. Smartoptics Group ASA's current Forward PE Ratio of 49.89 is 128.6% 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 Smartoptics Group ASA and its competitors. For the Hardware industry, the median Forward PE Ratio is 21.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smartoptics Group ASA's current Forward PE Ratio is 49.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smartoptics Group ASA stock overvalued right now?
Based on GuruFocus' analysis, Smartoptics Group ASA (SMOPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.14, compared to a current price of $4.69 — trading 49.4% above its estimated fair value. The current Forward PE Ratio is 49.89 and 128.6% above the Hardware industry median of 21.83. Smartoptics Group ASA's overall GF Score™ is 86/100 with 2 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 Smartoptics Group ASA (SMOPF), the current Forward PE Ratio is 49.89 as of Jul. 18, 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 Smartoptics Group ASA (SMOPF) Overvalued in 2026?
Based on GuruFocus' analysis, Smartoptics Group ASA stock appears to be overvalued.
The current stock price of $4.69 is trading 49.4% above its estimated GF Value™ of $3.14.
GuruFocus considers Smartoptics Group ASA to be Significantly Overvalued.
Key valuation signals for SMOPF:
Forward PE Ratio: 49.89
GF Value™: $3.14 vs. price of $4.69 (49.4% above fair value)
Industry Position: 128.6% above the Hardware median (#819 of 1018)
No single metric tells the full story. See the SMOPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Smartoptics Group ASA provides optical networking solutions and devices for open networking. The company has three main product categories: Solutions, Optical Devices, and Software & Services. These products are used to construct various Enterprise, Governmental, DCI, Metro, and Regional networks. The Solutions consist of the DCP-R family, DCP-F family, DCP-M family, transponders, and Muxponders, as well as transceivers used in connection with the System projects. Optical devices consist of transceivers, passive filters, and accessories that are sold independently of products in the Solutions offering. Software and Services are closely related to Solutions, as customers buy a complete solution including a Software and Services package. Geographically works in America, EMEA, and APAC.
86GF Score
Get the complete analysis for SMOPF
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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