SSAB AB (publ) (OTCPK:SSAAF) 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 .
SSAB AB (publ) Forward PE Ratio Related Terms
SSAB AB (publ) Forward PE Ratio Historical Data
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The historical data trend for SSAB AB (publ)'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.
SSAB AB (publ) Forward PE Ratio Chart
SSAB AB (publ) Annual Data
Trend
2016-12
2017-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
21.55
14.25
30.30
7.60
6.81
7.56
8.33
9.92
SSAB AB (publ) Quarterly Data
2016-09
2016-12
2017-03
2017-06
2017-09
2017-12
2018-03
2019-09
2020-03
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-12
2024-03
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
33.44
21.55
20.66
22.73
15.58
14.25
15.72
10.17
10.01
30.30
12.90
5.19
8.34
7.60
5.64
2.54
5.71
6.81
7.56
8.98
8.33
13.01
9.76
7.99
9.92
10.31
SSAAF vs NUE, STLD, RS: Forward PE Ratio Comparison
For the Steel subindustry, SSAB AB (publ)'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.
SSAB AB (publ) Forward PE Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, SSAB AB (publ)'s Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where SSAB AB (publ)'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.
SSAB AB (publ) (SSAAF) has a Forward PE Ratio of 12.07 as of Jul. 11, 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 SSAB AB (publ) and its competitors. According to the industry distribution chart, SSAB AB (publ) ranks #77 out of 179 companies in the Steel industry, placing it in the top 43%.
Is SSAB AB (publ)'s Forward PE Ratio too high?
SSAB AB (publ)'s current Forward PE Ratio is 12.07. The Steel industry median Forward PE Ratio is 13.66. SSAB AB (publ)'s value of 12.07 is 11.6% below this industry median. Based on the distribution chart, SSAB AB (publ) ranks #77 out of 179 companies in the Steel industry, which is above the industry midpoint. Overall, SSAB AB (publ) has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SSAB AB (publ)'s Forward PE Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, SSAB AB (publ) ranks #77 out of 179 companies for Forward PE Ratio. This puts SSAB AB (publ) in the upper half of its industry. The industry median Forward PE Ratio is 13.66. SSAB AB (publ)'s value of 12.07 is 11.6% 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 Steel company?
The median Forward PE Ratio among Steel companies is 13.66, based on 179 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. SSAB AB (publ)'s current Forward PE Ratio of 12.07 is 11.6% 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 SSAB AB (publ) and its competitors. For the Steel industry, the median Forward PE Ratio is 13.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SSAB AB (publ)'s current Forward PE Ratio is 12.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SSAB AB (publ) stock overvalued right now?
Based on GuruFocus' analysis, SSAB AB (publ) (SSAAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.08, compared to a current price of $9.33 — trading 53.5% above its estimated fair value. The current Forward PE Ratio is 12.07 and 11.6% below the Steel industry median of 13.66. SSAB AB (publ)'s overall GF Score™ is 73/100 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 SSAB AB (publ) (SSAAF), the current Forward PE Ratio is 12.07 as of Jul. 11, 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 SSAB AB (publ) (SSAAF) Overvalued in 2026?
Based on GuruFocus' analysis, SSAB AB (publ) stock appears to be overvalued.
The current stock price of $9.33 is trading 53.5% above its estimated GF Value™ of $6.08.
GuruFocus considers SSAB AB (publ) to be Significantly Overvalued.
Key valuation signals for SSAAF:
Forward PE Ratio: 12.07
GF Value™: $6.08 vs. price of $9.33 (53.5% above fair value)
Industry Position: 11.6% below the Steel median (#77 of 179)
No single metric tells the full story. See the SSAAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SSAB AB (publ) is a Swedish steel producer specializing in high-strength and specialty steels for applications across industries like automotive, construction, heavy transport, mining, and energy. The company manufactures quenched and tempered steels, high-strength steels, heavy plates, strip products, and tubular goods through divisions including SSAB Special Steels, SSAB Europe, and SSAB Americas, Tibnor and Ruukki Construction with production sites mainly in Sweden, Finland, and the United States, Europe and rest of the world.
73GF Score
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Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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