The Swatch Group AGSWGAF 71 Forward PE Ratio is 38.43 as of Jun. 29, 2026. GuruFocus rates SWGAF with a GF Score™ of 71/100 and a GF Value™ of $164.57 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 500 Retail - Cyclical companies, The Swatch Group AG ranks worse than 89.6% on this metric.
The Swatch Group AG (OTCPK:SWGAF) 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 .
The Swatch Group AG Forward PE Ratio Related Terms
The Swatch Group AG Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for The Swatch Group AG'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.
The Swatch Group AG Forward PE Ratio Chart
The Swatch Group AG 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
14.01
22.47
21.28
12.89
15.04
23.42
16.56
13.91
11.00
14.44
36.16
The Swatch Group AG Semi-Annual Data
2015-12
2016-06
2016-12
2017-06
2017-12
2018-06
2018-12
2019-06
2019-12
2020-06
2020-12
2021-06
2021-12
2022-06
2022-12
2023-06
2023-12
2024-06
2024-12
2025-06
2025-12
Forward PE Ratio
14.01
12.74
22.47
25.45
21.28
22.88
12.89
15.31
15.04
52.36
23.42
26.18
16.56
15.29
13.91
14.58
11.00
10.63
14.44
25.41
36.16
SWGAF vs TPR, SIG, CPRI: Forward PE Ratio Comparison
For the Luxury Goods subindustry, The Swatch Group AG'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.
The Swatch Group AG Forward PE Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, The Swatch Group AG's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where The Swatch Group AG'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.
The Swatch Group AG (SWGAF) has a Forward PE Ratio of 38.43 as of Jun. 29, 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 The Swatch Group AG and its competitors. According to the industry distribution chart, The Swatch Group AG ranks #448 out of 500 companies in the Retail - Cyclical industry, placing it in the top 89.6%.
Is The Swatch Group AG's Forward PE Ratio too high?
The Swatch Group AG's current Forward PE Ratio is 38.43. The Retail - Cyclical industry median Forward PE Ratio is 14.76. The Swatch Group AG's value of 38.43 is 160.4% above this industry median. Based on the distribution chart, The Swatch Group AG ranks #448 out of 500 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, The Swatch Group AG has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Swatch Group AG's Forward PE Ratio compare to TPR and SIG?
According to the Retail - Cyclical industry distribution chart, The Swatch Group AG ranks #448 out of 500 companies for Forward PE Ratio. This places The Swatch Group AG in the lower half of its industry. The industry median Forward PE Ratio is 14.76. The Swatch Group AG's value of 38.43 is 160.4% 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 Retail - Cyclical company?
The median Forward PE Ratio among Retail - Cyclical companies is 14.76, based on 500 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. The Swatch Group AG's current Forward PE Ratio of 38.43 is 160.4% 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 The Swatch Group AG and its competitors. For the Retail - Cyclical industry, the median Forward PE Ratio is 14.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Swatch Group AG's current Forward PE Ratio is 38.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Swatch Group AG stock overvalued right now?
Based on GuruFocus' analysis, The Swatch Group AG (SWGAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $164.57, compared to a current price of $257.43 — trading 56.4% above its estimated fair value. The current Forward PE Ratio is 38.43 and 160.4% above the Retail - Cyclical industry median of 14.76. The Swatch Group AG's overall GF Score™ is 71/100 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 The Swatch Group AG (SWGAF), the current Forward PE Ratio is 38.43 as of Jun. 29, 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 The Swatch Group AG (SWGAF) Overvalued in 2026?
Based on GuruFocus' analysis, The Swatch Group AG stock appears to be overvalued.
The current stock price of $257.43 is trading 56.4% above its estimated GF Value™ of $164.57.
GuruFocus considers The Swatch Group AG to be Significantly Overvalued.
Key valuation signals for SWGAF:
Forward PE Ratio: 38.43
GF Value™: $164.57 vs. price of $257.43 (56.4% above fair value)
Industry Position: 160.4% above the Retail - Cyclical median (#448 of 500)
No single metric tells the full story. See the SWGAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Swatch Group's biggest brands are Omega (number two or three in its category), Breguet, Tissot (the leader in midrange Swiss watches), and Swatch. The company employs over 32,000 people, half of them in Switzerland. We estimate Omega and Longines to be the group's most profitable brands.
71GF Score
Get the complete analysis for SWGAF
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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