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Extreme Networks (STU:EXM) 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 .
Extreme Networks Forward PE Ratio Related Terms
Extreme Networks Forward PE Ratio Historical Data
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The historical data trend for Extreme Networks'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.
Extreme Networks Forward PE Ratio Chart
Extreme Networks Annual Data
Trend
2016-06
2017-06
2018-06
2023-06
2024-06
2025-06
Forward PE Ratio
10.57
15.43
6.62
16.72
20.58
17.37
Extreme Networks Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2017-09
2017-12
2018-03
2018-06
2018-09
2018-12
2019-03
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
20.62
9.75
10.57
10.12
14.03
12.38
15.43
18.87
18.98
11.71
6.62
9.87
10.89
10.64
13.09
17.36
12.11
16.72
15.70
13.16
14.60
20.58
21.69
23.08
13.77
17.37
20.01
16.53
12.18
STU:EXM vs BDC, ONDS, VISN: Forward PE Ratio Comparison
For the Communication Equipment subindustry, Extreme Networks'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.
Extreme Networks Forward PE Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Extreme Networks's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Extreme Networks'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.
Extreme Networks (STU:EXM) has a Forward PE Ratio of 22.32 as of Jul. 30, 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 Extreme Networks and its competitors. According to the industry distribution chart, Extreme Networks ranks #569 out of 1022 companies in the Hardware industry, placing it in the top 55.7%.
Is Extreme Networks' Forward PE Ratio too high?
Extreme Networks' current Forward PE Ratio is 22.32. The Hardware industry median Forward PE Ratio is 19.81. Extreme Networks' value of 22.32 is 12.7% above this industry median. Based on the distribution chart, Extreme Networks ranks #569 out of 1022 companies in the Hardware industry, which is below the industry midpoint. Overall, Extreme Networks has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Extreme Networks' Forward PE Ratio compare to BDC and ONDS?
According to the Hardware industry distribution chart, Extreme Networks ranks #569 out of 1022 companies for Forward PE Ratio. This places Extreme Networks in the lower half of its industry. The industry median Forward PE Ratio is 19.81. Extreme Networks' value of 22.32 is 12.7% 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 19.81, based on 1,022 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. Extreme Networks's current Forward PE Ratio of 22.32 is 12.7% 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 Extreme Networks and its competitors. For the Hardware industry, the median Forward PE Ratio is 19.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Extreme Networks's current Forward PE Ratio is 22.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Extreme Networks stock overvalued right now?
Based on GuruFocus' analysis, Extreme Networks (STU:EXM) is currently considered Significantly Overvalued. The stock's GF Value™ is €16.05, compared to a current price of €25.31 — trading 57.7% above its estimated fair value. The current Forward PE Ratio is 22.32 and 12.7% above the Hardware industry median of 19.81. Extreme Networks' overall GF Score™ is 63/100 with 3 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 Extreme Networks (STU:EXM), the current Forward PE Ratio is 22.32 as of Jul. 30, 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 Extreme Networks (STU:EXM) Overvalued in 2026?
Based on GuruFocus' analysis, Extreme Networks stock appears to be overvalued.
The current stock price of €25.31 is trading 57.7% above its estimated GF Value™ of €16.05.
GuruFocus considers Extreme Networks to be Significantly Overvalued.
Key valuation signals for STU:EXM:
Forward PE Ratio: 22.32
GF Value™: €16.05 vs. price of €25.31 (57.7% above fair value)
Industry Position: 12.7% above the Hardware median (#569 of 1022)
No single metric tells the full story. See the STU:EXM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Extreme Networks Inc provides AI-powered cloud networking, focused on delivering simple and secure solutions that help businesses address challenges and enable connections among devices, applications, and users. The group designs, develops, and manufactures wired, wireless, and software-defined wide area network (SD-WAN) infrastructure equipment. It has one reportable segment, the development, marketing, and sale of network infrastructure equipment and related software. The Company operates in three geographical areas: Americas, EMEA, and APAC.
63GF 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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