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Itmax System Bhd (XKLS:5309) 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 .
Itmax System Bhd Forward PE Ratio Related Terms
Itmax System Bhd Forward PE Ratio Historical Data
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The historical data trend for Itmax System 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.
Itmax System Bhd Forward PE Ratio Chart
Itmax System Bhd Annual Data
Trend
2023-12
2024-12
2025-12
Forward PE Ratio
21.55
38.71
41.74
Itmax System Bhd Quarterly Data
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
21.41
22.03
21.79
21.55
29.67
33.00
39.06
38.71
45.00
42.27
39.38
41.74
42.00
XKLS:5309 vs ALLE, MSA, ADT: Forward PE Ratio Comparison
For the Security & Protection Services subindustry, Itmax System 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.
Itmax System Bhd Forward PE Ratio vs Business Services Industry
For the Business Services industry and Industrials sector, Itmax System Bhd's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Itmax System 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.
Itmax System Bhd (XKLS:5309) has a Forward PE Ratio of 39.15 as of Jul. 30, 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 Itmax System Bhd and its competitors. According to the industry distribution chart, Itmax System Bhd ranks #389 out of 414 companies in the Business Services industry, placing it in the top 94%.
Is Itmax System Bhd's Forward PE Ratio too high?
Itmax System Bhd's current Forward PE Ratio is 39.15. The Business Services industry median Forward PE Ratio is 13.18. Itmax System Bhd's value of 39.15 is 197.2% above this industry median. Based on the distribution chart, Itmax System Bhd ranks #389 out of 414 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Itmax System Bhd has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Itmax System Bhd's Forward PE Ratio compare to ALLE and MSA?
According to the Business Services industry distribution chart, Itmax System Bhd ranks #389 out of 414 companies for Forward PE Ratio. This places Itmax System Bhd in the lower half of its industry. The industry median Forward PE Ratio is 13.18. Itmax System Bhd's value of 39.15 is 197.2% 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 Business Services company?
The median Forward PE Ratio among Business Services companies is 13.18, based on 414 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. Itmax System Bhd's current Forward PE Ratio of 39.15 is 197.2% 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 Itmax System Bhd and its competitors. For the Business Services industry, the median Forward PE Ratio is 13.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Itmax System Bhd's current Forward PE Ratio is 39.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Itmax System Bhd stock overvalued right now?
Based on GuruFocus' analysis, Itmax System Bhd (XKLS:5309) is currently considered Fairly Valued. The stock's GF Value™ is RM4.75, compared to a current price of RM4.58 — trading 3.6% below its estimated fair value. The current Forward PE Ratio is 39.15 and 197.2% above the Business Services industry median of 13.18. Itmax System Bhd's overall GF Score™ is 97/100 with 3 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 Itmax System Bhd (XKLS:5309), the current Forward PE Ratio is 39.15 as of Jul. 30, 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 Itmax System Bhd (XKLS:5309) Overvalued in 2026?
Based on GuruFocus' analysis, Itmax System Bhd stock appears to be undervalued.
The current stock price of RM4.58 is trading 3.6% below its estimated GF Value™ of RM4.75.
GuruFocus considers Itmax System Bhd to be Fairly Valued.
Key valuation signals for XKLS:5309:
Forward PE Ratio: 39.15
GF Value™: RM4.75 vs. price of RM4.58 (3.6% below fair value)
Industry Position: 197.2% above the Business Services median (#389 of 414)
No single metric tells the full story. See the XKLS:5309 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Itmax System Bhd is principally engaged in the business of supplying, installing, and providing public space networked systems and investment holding. The company develops networking solutions for smart video surveillance, smart parking, smart traffic management, smart street lighting and communication networks. Geographically, the company operates only in Malaysia.
97GF Score
Get the complete analysis for XKLS:5309
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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