Swedbank AB (OTCPK:SWDBF) 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 .
Swedbank AB Forward PE Ratio Related Terms
Swedbank AB Forward PE Ratio Historical Data
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The historical data trend for Swedbank AB'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.
Swedbank AB Forward PE Ratio Chart
Swedbank AB Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
11.45
13.87
11.33
11.34
7.87
9.11
10.06
8.27
8.18
8.15
12.47
Swedbank AB 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
2019-06
2019-09
2019-12
2020-03
2020-06
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-03
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
11.45
10.20
10.16
13.04
13.87
13.81
12.39
12.94
11.33
11.51
10.89
12.21
11.34
7.49
7.95
7.81
7.87
6.95
15.97
8.45
9.11
10.22
9.78
9.85
10.06
9.01
7.66
7.89
8.27
6.73
6.47
8.13
8.18
7.55
8.50
8.15
10.70
10.26
10.83
12.47
10.92
SWDBF vs PNC, USB: Forward PE Ratio Comparison
For the Banks - Regional subindustry, Swedbank AB'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.
Swedbank AB Forward PE Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Swedbank AB's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Swedbank AB'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.
Swedbank AB (SWDBF) has a Forward PE Ratio of 12.72 as of Jun. 28, 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 Swedbank AB and its competitors. According to the industry distribution chart, Swedbank AB ranks #621 out of 818 companies in the Banks industry, placing it in the top 75.9%.
Is Swedbank AB's Forward PE Ratio too high?
Swedbank AB's current Forward PE Ratio is 12.72. The Banks industry median Forward PE Ratio is 11.06. Swedbank AB's value of 12.72 is 15% above this industry median. Based on the distribution chart, Swedbank AB ranks #621 out of 818 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Swedbank AB has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Swedbank AB's Forward PE Ratio compare to PNC and USB?
According to the Banks industry distribution chart, Swedbank AB ranks #621 out of 818 companies for Forward PE Ratio. This places Swedbank AB in the lower half of its industry. The industry median Forward PE Ratio is 11.06. Swedbank AB's value of 12.72 is 15% 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 Banks company?
The median Forward PE Ratio among Banks companies is 11.06, based on 818 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. Swedbank AB's current Forward PE Ratio of 12.72 is 15% 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 Swedbank AB and its competitors. For the Banks industry, the median Forward PE Ratio is 11.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swedbank AB's current Forward PE Ratio is 12.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swedbank AB stock overvalued right now?
Based on GuruFocus' analysis, Swedbank AB (SWDBF) is currently considered Significantly Overvalued. The stock's GF Value™ is $22.46, compared to a current price of $36.90 — trading 64.3% above its estimated fair value. The current Forward PE Ratio is 12.72 and 15% above the Banks industry median of 11.06. Swedbank AB's overall GF Score™ is 67/100 with 10 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 Swedbank AB (SWDBF), the current Forward PE Ratio is 12.72 as of Jun. 28, 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 Swedbank AB (SWDBF) Overvalued in 2026?
Based on GuruFocus' analysis, Swedbank AB stock appears to be overvalued.
The current stock price of $36.90 is trading 64.3% above its estimated GF Value™ of $22.46.
GuruFocus considers Swedbank AB to be Significantly Overvalued.
Key valuation signals for SWDBF:
Forward PE Ratio: 12.72
GF Value™: $22.46 vs. price of $36.90 (64.3% above fair value)
Industry Position: 15% above the Banks median (#621 of 818)
No single metric tells the full story. See the SWDBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Swedbank is one of the largest retail banks in Sweden, where it derives the lion's share of its income. The bank is the result of merging savings and union banks in Sweden in the aftermath of the financial crisis in the early 1990s in Sweden. The remaining independent savings banks in Sweden remain in close collaboration with Swedbank, acting as an additional product distribution channel to Swedbank and sharing Swedbank's IT systems and part of its development costs. In addition, the bank operates in the three Baltic states: Estonia, Latvia, and Lithuania.
67GF 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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