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Turk Traktor ve Ziraat Makineleri AS (OTCPK:TTRKF) 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 .
Turk Traktor ve Ziraat Makineleri AS Forward PE Ratio Related Terms
Turk Traktor ve Ziraat Makineleri AS 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.
Turk Traktor ve Ziraat Makineleri AS Forward PE Ratio Chart
Turk Traktor ve Ziraat Makineleri AS Annual Data
Trend
2025-12
Forward PE Ratio
5.01
Turk Traktor ve Ziraat Makineleri AS Quarterly Data
2025-12
2026-03
Forward PE Ratio
5.01
7.16
TTRKF vs CAT, DE, PCAR: Forward PE Ratio Comparison
For the Farm & Heavy Construction Machinery subindustry, Turk Traktor ve Ziraat Makineleri AS'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.
Turk Traktor ve Ziraat Makineleri AS Forward PE Ratio vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Turk Traktor ve Ziraat Makineleri AS's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Turk Traktor ve Ziraat Makineleri AS's Forward PE Ratio falls into.
Turk Traktor ve Ziraat Makineleri AS 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.
Turk Traktor ve Ziraat Makineleri AS (TTRKF) has a Forward PE Ratio of 9.99 as of Aug. 05, 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 Turk Traktor ve Ziraat Makineleri AS and its competitors. According to the industry distribution chart, Turk Traktor ve Ziraat Makineleri AS ranks #88 out of 116 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 75.9%.
Is Turk Traktor ve Ziraat Makineleri AS's Forward PE Ratio too high?
Turk Traktor ve Ziraat Makineleri AS's current Forward PE Ratio is 9.99. The Farm & Heavy Construction Machinery industry median Forward PE Ratio is 14.35. Turk Traktor ve Ziraat Makineleri AS's value of 9.99 is 30.4% below this industry median. Based on the distribution chart, Turk Traktor ve Ziraat Makineleri AS ranks #88 out of 116 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Turk Traktor ve Ziraat Makineleri AS has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does Turk Traktor ve Ziraat Makineleri AS's Forward PE Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Turk Traktor ve Ziraat Makineleri AS ranks #88 out of 116 companies for Forward PE Ratio. This places Turk Traktor ve Ziraat Makineleri AS in the lower half of its industry. The industry median Forward PE Ratio is 14.35. Turk Traktor ve Ziraat Makineleri AS's value of 9.99 is 30.4% 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 Farm & Heavy Construction Machinery company?
The median Forward PE Ratio among Farm & Heavy Construction Machinery companies is 14.35, based on 116 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. Turk Traktor ve Ziraat Makineleri AS's current Forward PE Ratio of 9.99 is 30.4% 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 Turk Traktor ve Ziraat Makineleri AS and its competitors. For the Farm & Heavy Construction Machinery industry, the median Forward PE Ratio is 14.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turk Traktor ve Ziraat Makineleri AS's current Forward PE Ratio is 9.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turk Traktor ve Ziraat Makineleri AS stock overvalued right now?
Turk Traktor ve Ziraat Makineleri AS (TTRKF) has a current Forward PE Ratio of 9.99. The stock's GF Value™ is $5.25, compared to a current price of $4.33 — trading 17.6% below its estimated fair value. The current Forward PE Ratio is 9.99 and 30.4% below the Farm & Heavy Construction Machinery industry median of 14.35. Turk Traktor ve Ziraat Makineleri AS's overall GF Score™ is 89/100 with 9 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 Turk Traktor ve Ziraat Makineleri AS (TTRKF), the current Forward PE Ratio is 9.99 as of Aug. 05, 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 Turk Traktor ve Ziraat Makineleri AS (TTRKF) Overvalued in 2026?
Based on GuruFocus' analysis, Turk Traktor ve Ziraat Makineleri AS stock appears to be undervalued.
The current stock price of $4.33 is trading 17.6% below its estimated GF Value™ of $5.25.
Key valuation signals for TTRKF:
Forward PE Ratio: 9.99
GF Value™: $5.25 vs. price of $4.33 (17.6% below fair value)
Industry Position: 30.4% below the Farm & Heavy Construction Machinery median (#88 of 116)
No single metric tells the full story. See the TTRKF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Turk Traktor ve Ziraat Makineleri AS is one of the largest tractor manufacturers in Turkey. It sells tractors, combine harvesters, planters, cotton pickers, and other agricultural machinery and equipment. The company's worldwide sales and marketing network generates recurring aftermarket sales and showcases new features in product development. Plants are equipped with gear and heat treatment facilities, specialized machines, engine manufacturing facilities, paint shops, and assembly lines. The company also operates quality control labs, testing equipment, and incorporates research and development to design and produce innovative solutions. Most parts and components are manufactured internally, but the company may use third parties to meet international quality standards.
89GF Score
Get the complete analysis for TTRKF
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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