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Paragon Advanced LabsTSXV:PALS +4.35%9 Forward PE Ratio is 9.23 as of Jul. 26, 2026. GuruFocus rates TSXV:PALS with a GF Score™ of 9/100. The stock has 1 warning sign investors should review. Among 1,018 Hardware companies, Paragon Advanced Labs ranks better than 88.51% on this metric.
Paragon Advanced Labs (TSXV:PALS) 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 .
Paragon Advanced Labs Forward PE Ratio Related Terms
Paragon Advanced Labs Forward PE Ratio Historical Data
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The historical data trend for Paragon Advanced Labs'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.
Paragon Advanced Labs Forward PE Ratio Chart
Paragon Advanced Labs Annual Data
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Forward PE Ratio
Paragon Advanced Labs Semi-Annual Data
Forward PE Ratio
TSXV:PALS vs COHR, KEYS, GRMN: Forward PE Ratio Comparison
For the Scientific & Technical Instruments subindustry, Paragon Advanced Labs'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.
Paragon Advanced Labs Forward PE Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Paragon Advanced Labs's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Paragon Advanced Labs's Forward PE Ratio falls into.
Paragon Advanced Labs 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.
Paragon Advanced Labs (TSXV:PALS) has a Forward PE Ratio of 9.23 as of Jul. 26, 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 Paragon Advanced Labs and its competitors. According to the industry distribution chart, Paragon Advanced Labs ranks #117 out of 1018 companies in the Hardware industry, placing it in the top 11.5%.
Is Paragon Advanced Labs' Forward PE Ratio too high?
Paragon Advanced Labs' current Forward PE Ratio is 9.23. The Hardware industry median Forward PE Ratio is 21.14. Paragon Advanced Labs' value of 9.23 is 56.3% below this industry median. Based on the distribution chart, Paragon Advanced Labs ranks #117 out of 1018 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Paragon Advanced Labs has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Paragon Advanced Labs' Forward PE Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Paragon Advanced Labs ranks #117 out of 1018 companies for Forward PE Ratio. This places Paragon Advanced Labs in the top 12% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 21.14. Paragon Advanced Labs' value of 9.23 is 56.3% 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 Hardware company?
The median Forward PE Ratio among Hardware companies is 21.14, based on 1,018 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. Paragon Advanced Labs's current Forward PE Ratio of 9.23 is 56.3% 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 Paragon Advanced Labs and its competitors. For the Hardware industry, the median Forward PE Ratio is 21.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Paragon Advanced Labs's current Forward PE Ratio is 9.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paragon Advanced Labs stock overvalued right now?
Paragon Advanced Labs (TSXV:PALS) has a current Forward PE Ratio of 9.23. The current Forward PE Ratio is 9.23 and 56.3% below the Hardware industry median of 21.14. Paragon Advanced Labs' overall GF Score™ is 9/100 with 1 warning sign 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 Paragon Advanced Labs (TSXV:PALS), the current Forward PE Ratio is 9.23 as of Jul. 26, 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.
Paragon Advanced Labs Inc provides mineral assays and geochemical analysis and testing to the natural resource industry. Its service offerings include a wide range of analytical techniques to suit the needs of the mining industry.
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