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Telekom Malaysia Bhd (XKLS:4863) 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 .
Telekom Malaysia Bhd Forward PE Ratio Related Terms
Telekom Malaysia Bhd Forward PE Ratio Historical Data
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The historical data trend for Telekom Malaysia Bhd'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.
Telekom Malaysia Bhd Forward PE Ratio Chart
Telekom Malaysia Bhd Annual Data
Trend
2018-12
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
14.73
14.33
18.48
18.38
14.18
12.11
14.77
17.03
Telekom Malaysia Bhd Quarterly Data
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
2022-06
2022-09
2022-12
2023-03
2023-06
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
20.88
16.37
17.89
14.73
16.92
16.13
13.51
14.33
13.99
15.02
15.85
18.48
20.96
20.28
18.28
18.38
16.10
17.18
15.13
14.18
13.05
13.57
10.91
12.11
13.28
14.81
15.04
14.77
14.15
14.06
14.24
17.03
16.03
XKLS:4863 vs TMUS, VZ, T: Forward PE Ratio Comparison
For the Telecom Services subindustry, Telekom Malaysia Bhd'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.
Telekom Malaysia Bhd Forward PE Ratio vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Telekom Malaysia Bhd's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Telekom Malaysia Bhd'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.
Telekom Malaysia Bhd (XKLS:4863) has a Forward PE Ratio of 17.00 as of Jul. 25, 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 Telekom Malaysia Bhd and its competitors. According to the industry distribution chart, Telekom Malaysia Bhd ranks #131 out of 210 companies in the Telecommunication Services industry, placing it in the top 62.4%.
Is Telekom Malaysia Bhd's Forward PE Ratio too high?
Telekom Malaysia Bhd's current Forward PE Ratio is 17.00. The Telecommunication Services industry median Forward PE Ratio is 14.38. Telekom Malaysia Bhd's value of 17.00 is 18.2% above this industry median. Based on the distribution chart, Telekom Malaysia Bhd ranks #131 out of 210 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Telekom Malaysia Bhd has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Telekom Malaysia Bhd's Forward PE Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Telekom Malaysia Bhd ranks #131 out of 210 companies for Forward PE Ratio. This places Telekom Malaysia Bhd in the lower half of its industry. The industry median Forward PE Ratio is 14.38. Telekom Malaysia Bhd's value of 17.00 is 18.2% 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 Telecommunication Services company?
The median Forward PE Ratio among Telecommunication Services companies is 14.38, based on 210 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. Telekom Malaysia Bhd's current Forward PE Ratio of 17.00 is 18.2% 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 Telekom Malaysia Bhd and its competitors. For the Telecommunication Services industry, the median Forward PE Ratio is 14.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telekom Malaysia Bhd's current Forward PE Ratio is 17.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telekom Malaysia Bhd stock overvalued right now?
Based on GuruFocus' analysis, Telekom Malaysia Bhd (XKLS:4863) is currently considered Fairly Valued. The stock's GF Value™ is RM6.85, compared to a current price of RM7.55 — trading 10.2% above its estimated fair value. The current Forward PE Ratio is 17.00 and 18.2% above the Telecommunication Services industry median of 14.38. Telekom Malaysia Bhd's overall GF Score™ is 77/100 with 4 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 Telekom Malaysia Bhd (XKLS:4863), the current Forward PE Ratio is 17.00 as of Jul. 25, 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 Telekom Malaysia Bhd (XKLS:4863) Overvalued in 2026?
Based on GuruFocus' analysis, Telekom Malaysia Bhd stock appears to be overvalued.
The current stock price of RM7.55 is trading 10.2% above its estimated GF Value™ of RM6.85.
GuruFocus considers Telekom Malaysia Bhd to be Fairly Valued.
Key valuation signals for XKLS:4863:
Forward PE Ratio: 17.00
GF Value™: RM6.85 vs. price of RM7.55 (10.2% above fair value)
Industry Position: 18.2% above the Telecommunication Services median (#131 of 210)
No single metric tells the full story. See the XKLS:4863 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Telekom Malaysia Bhd is a telecommunications company. It generates revenue from the Internet and multimedia services, Data services, Voice services, Non-telecommunications related services, and Other telecommunications-related services, in which it generates the majority of its revenue from Internet and multimedia services. The company owns telecommunications infrastructure. The Group has identified a single reportable segment of providing fixed-mobile convergence services, which offers integrated broadband, mobile, and data services, digital content, as well as other solutions. It generates the vast majority of its revenue in Malaysia.
77GF Score
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