Tactile Systems Technology (NAS:TCMD) 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 .
Tactile Systems Technology Forward PE Ratio Related Terms
Tactile Systems Technology 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.
Tactile Systems Technology Forward PE Ratio Chart
Tactile Systems Technology Annual Data
Trend
2016-12
2017-12
2018-12
2019-12
2020-12
2021-12
2023-12
2024-12
2025-12
Forward PE Ratio
149.25
131.58
128.21
117.65
105.26
25.91
27.47
20.03
29.66
Tactile Systems Technology Quarterly Data
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
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
169.49
149.25
188.68
588.24
147.06
131.58
188.68
192.31
256.41
128.21
135.14
142.86
75.19
117.65
55.56
370.37
81.97
105.26
128.21
149.25
53.48
25.91
153.85
61.35
27.47
28.49
19.57
18.73
20.03
19.49
18.53
15.66
29.66
23.20
TCMD vs SSII, BVS, BBNX: Forward PE Ratio Comparison
For the Medical Devices subindustry, Tactile Systems Technology'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.
Tactile Systems Technology Forward PE Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Tactile Systems Technology's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Tactile Systems Technology's Forward PE Ratio falls into.
Tactile Systems Technology 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.
Tactile Systems Technology (TCMD) has a Forward PE Ratio of 26.68 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 Tactile Systems Technology and its competitors. According to the industry distribution chart, Tactile Systems Technology ranks #270 out of 392 companies in the Medical Devices & Instruments industry, placing it in the top 68.9%.
Is Tactile Systems Technology's Forward PE Ratio too high?
Tactile Systems Technology's current Forward PE Ratio is 26.68. The Medical Devices & Instruments industry median Forward PE Ratio is 19.17. Tactile Systems Technology's value of 26.68 is 39.2% above this industry median. Based on the distribution chart, Tactile Systems Technology ranks #270 out of 392 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Tactile Systems Technology has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tactile Systems Technology's Forward PE Ratio compare to SSII and BVS?
According to the Medical Devices & Instruments industry distribution chart, Tactile Systems Technology ranks #270 out of 392 companies for Forward PE Ratio. This places Tactile Systems Technology in the lower half of its industry. The industry median Forward PE Ratio is 19.17. Tactile Systems Technology's value of 26.68 is 39.2% 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 Medical Devices & Instruments company?
The median Forward PE Ratio among Medical Devices & Instruments companies is 19.17, based on 392 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. Tactile Systems Technology's current Forward PE Ratio of 26.68 is 39.2% 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 Tactile Systems Technology and its competitors. For the Medical Devices & Instruments industry, the median Forward PE Ratio is 19.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tactile Systems Technology's current Forward PE Ratio is 26.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tactile Systems Technology stock overvalued right now?
Based on GuruFocus' analysis, Tactile Systems Technology (TCMD) is currently considered Significantly Overvalued. The stock's GF Value™ is $18.75, compared to a current price of $29.85 — trading 59.2% above its estimated fair value. The current Forward PE Ratio is 26.68 and 39.2% above the Medical Devices & Instruments industry median of 19.17. Tactile Systems Technology's overall GF Score™ is 74/100 with 5 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 Tactile Systems Technology (TCMD), the current Forward PE Ratio is 26.68 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 Tactile Systems Technology (TCMD) Overvalued in 2026?
Based on GuruFocus' analysis, Tactile Systems Technology stock appears to be overvalued.
The current stock price of $29.85 is trading 59.2% above its estimated GF Value™ of $18.75.
GuruFocus considers Tactile Systems Technology to be Significantly Overvalued.
Key valuation signals for TCMD:
Forward PE Ratio: 26.68
GF Value™: $18.75 vs. price of $29.85 (59.2% above fair value)
Industry Position: 39.2% above the Medical Devices & Instruments median (#270 of 392)
No single metric tells the full story. See the TCMD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tactile Systems Technology Inc is a medical technology company. The company is engaged in developing and providing medical devices for the treatment of chronic diseases. The firm's proprietary platform flexitouch system, provides a home-based solution for lymphedema patients. The entire system is another home solution for patients with chronic swelling and actitouch system for chronic venous insufficiency patients that may be worn throughout the day.
74GF Score
Get the complete analysis for TCMD
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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