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.
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.
Scandinavian Tobacco Group AS (OTCPK:STBGY) 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 .
Scandinavian Tobacco Group AS Forward PE Ratio Related Terms
Scandinavian Tobacco Group AS 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.
Scandinavian Tobacco Group AS Forward PE Ratio Chart
Scandinavian Tobacco Group AS Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
7.44
7.68
Scandinavian Tobacco Group AS Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
7.44
8.49
7.49
8.59
7.68
6.75
STBGY vs PM, MO, TPB: Forward PE Ratio Comparison
For the Tobacco subindustry, Scandinavian Tobacco Group AS'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.
Scandinavian Tobacco Group AS Forward PE Ratio vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Scandinavian Tobacco Group AS's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Scandinavian Tobacco Group AS's Forward PE Ratio falls into.
Scandinavian Tobacco Group AS 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.
Scandinavian Tobacco Group AS (STBGY) has a Forward PE Ratio of 6.49 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 Scandinavian Tobacco Group AS and its competitors. According to the industry distribution chart, Scandinavian Tobacco Group AS ranks #3 out of 24 companies in the Tobacco Products industry, placing it in the top 12.5%.
Is Scandinavian Tobacco Group AS's Forward PE Ratio too high?
Scandinavian Tobacco Group AS's current Forward PE Ratio is 6.49. The Tobacco Products industry median Forward PE Ratio is 11.96. Scandinavian Tobacco Group AS's value of 6.49 is 45.7% below this industry median. Based on the distribution chart, Scandinavian Tobacco Group AS ranks #3 out of 24 companies in the Tobacco Products industry, which is in the top quartile — a strong position relative to peers. Overall, Scandinavian Tobacco Group AS has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Scandinavian Tobacco Group AS's Forward PE Ratio compare to PM and MO?
According to the Tobacco Products industry distribution chart, Scandinavian Tobacco Group AS ranks #3 out of 24 companies for Forward PE Ratio. This places Scandinavian Tobacco Group AS in the top 13% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 11.96. Scandinavian Tobacco Group AS's value of 6.49 is 45.7% 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 Tobacco Products company?
The median Forward PE Ratio among Tobacco Products companies is 11.96, based on 24 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. Scandinavian Tobacco Group AS's current Forward PE Ratio of 6.49 is 45.7% 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 Scandinavian Tobacco Group AS and its competitors. For the Tobacco Products industry, the median Forward PE Ratio is 11.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scandinavian Tobacco Group AS's current Forward PE Ratio is 6.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scandinavian Tobacco Group AS stock overvalued right now?
Based on GuruFocus' analysis, Scandinavian Tobacco Group AS (STBGY) is currently considered Significantly Undervalued. The stock's GF Value™ is $8.37, compared to a current price of $5.00 — trading 40.3% below its estimated fair value. The current Forward PE Ratio is 6.49 and 45.7% below the Tobacco Products industry median of 11.96. Scandinavian Tobacco Group AS's overall GF Score™ is 68/100 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 Scandinavian Tobacco Group AS (STBGY), the current Forward PE Ratio is 6.49 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 Scandinavian Tobacco Group AS (STBGY) Overvalued in 2026?
Based on GuruFocus' analysis, Scandinavian Tobacco Group AS stock appears to be undervalued.
The current stock price of $5.00 is trading 40.3% below its estimated GF Value™ of $8.37.
GuruFocus considers Scandinavian Tobacco Group AS to be Significantly Undervalued.
Key valuation signals for STBGY:
Forward PE Ratio: 6.49
GF Value™: $8.37 vs. price of $5.00 (40.3% below fair value)
Industry Position: 45.7% below the Tobacco Products median (#3 of 24)
No single metric tells the full story. See the STBGY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Scandinavian Tobacco Group AS Business Description
Scandinavian Tobacco Group AS offers cigars, pipe tobacco, and accessories in North America, Europe, and Australia. It operates in three segments: North America online and retail, which includes direct to consumer sales of all product categories sold via the online, catalogue and retail channel in North America. North America branded and the Rest of the World, which provides its products to wholesalers and distributors; Europe Branded comprises sale of all product categories to wholesalers, distributors and direct to retail in Germany, Denmark, Sweden, France, Italy, Belgium, the Netherlands, Luxembourg, Spain, Portugal, the UK, and Ireland.
68GF Score
Get the complete analysis for STBGY
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
STBGY has been successfully added to your 
