Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Cognor Holding (WAR:COG) 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 .
Cognor Holding Forward PE Ratio Related Terms
Cognor Holding Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Cognor Holding'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.
Cognor Holding Forward PE Ratio Chart
Cognor Holding Annual Data
Trend
Forward PE Ratio
Cognor Holding Quarterly Data
2025-09
Forward PE Ratio
49.29
WAR:COG vs NUE, STLD, RS: Forward PE Ratio Comparison
For the Steel subindustry, Cognor Holding'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.
Cognor Holding Forward PE Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Cognor Holding's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Cognor Holding'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.
Cognor Holding (WAR:COG) has a Forward PE Ratio of 50.36 as of Jul. 18, 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 Cognor Holding and its competitors. According to the industry distribution chart, Cognor Holding ranks #169 out of 179 companies in the Steel industry, placing it in the top 94.4%.
Is Cognor Holding's Forward PE Ratio too high?
Cognor Holding's current Forward PE Ratio is 50.36. The Steel industry median Forward PE Ratio is 13.77. Cognor Holding's value of 50.36 is 265.7% above this industry median. Based on the distribution chart, Cognor Holding ranks #169 out of 179 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Cognor Holding has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cognor Holding's Forward PE Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Cognor Holding ranks #169 out of 179 companies for Forward PE Ratio. This places Cognor Holding in the lower half of its industry. The industry median Forward PE Ratio is 13.77. Cognor Holding's value of 50.36 is 265.7% 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 Steel company?
The median Forward PE Ratio among Steel companies is 13.77, based on 179 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. Cognor Holding's current Forward PE Ratio of 50.36 is 265.7% 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 Cognor Holding and its competitors. For the Steel industry, the median Forward PE Ratio is 13.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cognor Holding's current Forward PE Ratio is 50.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cognor Holding stock overvalued right now?
Based on GuruFocus' analysis, Cognor Holding (WAR:COG) is currently considered Fairly Valued. The stock's GF Value™ is zł5.68, compared to a current price of zł5.92 — trading 4.1% above its estimated fair value. The current Forward PE Ratio is 50.36 and 265.7% above the Steel industry median of 13.77. Cognor Holding's overall GF Score™ is 66/100 with 6 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 Cognor Holding (WAR:COG), the current Forward PE Ratio is 50.36 as of Jul. 18, 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 Cognor Holding (WAR:COG) Overvalued in 2026?
Based on GuruFocus' analysis, Cognor Holding stock appears to be overvalued.
The current stock price of zł5.92 is trading 4.1% above its estimated GF Value™ of zł5.68.
GuruFocus considers Cognor Holding to be Fairly Valued.
Key valuation signals for WAR:COG:
Forward PE Ratio: 50.36
GF Value™: zł5.68 vs. price of zł5.92 (4.1% above fair value)
Industry Position: 265.7% above the Steel median (#169 of 179)
No single metric tells the full story. See the WAR:COG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cognor Holding SA operates in the steel industry. Along with its subsidiaries, the company is engaged in the business of scrap collection, scrap processing into steel billets, and steel products. Its product portfolio comprises metal bars, steel scrap, steel slabs, flat plates, round bars, and steel alloys, among others. The group operates in the following business segments: Zlomrex Metal (ZLMET), HSJ, Ferrostal (FER), OMS, JAP, and Others. The majority of its revenue is generated from the Ferrostal (FER) segment, which is involved in the production and sale of semi-finished steel products (raw steel) and final steel products to external customers. Geographically, the group generates maximum revenue from Poland, followed by Germany, Czechia, and other countries.
66GF Score
Get the complete analysis for WAR:COG
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WAR:COG has been successfully added to your 
