Arteche Lantegi Elekartea (XMAD:ART) 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 .
Arteche Lantegi Elekartea Forward PE Ratio Related Terms
Arteche Lantegi Elekartea 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.
Arteche Lantegi Elekartea Forward PE Ratio Chart
Arteche Lantegi Elekartea Annual Data
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Arteche Lantegi Elekartea Semi-Annual Data
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XMAD:ART vs APH, GLW, TEL: Forward PE Ratio Comparison
For the Electronic Components subindustry, Arteche Lantegi Elekartea'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.
Arteche Lantegi Elekartea Forward PE Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Arteche Lantegi Elekartea's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Arteche Lantegi Elekartea's Forward PE Ratio falls into.
Arteche Lantegi Elekartea 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.
Arteche Lantegi Elekartea (XMAD:ART) has a Forward PE Ratio of 34.28 as of Jul. 02, 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 Arteche Lantegi Elekartea and its competitors. According to the industry distribution chart, Arteche Lantegi Elekartea ranks #650 out of 1019 companies in the Hardware industry, placing it in the top 63.8%.
Is Arteche Lantegi Elekartea's Forward PE Ratio too high?
Arteche Lantegi Elekartea's current Forward PE Ratio is 34.28. The Hardware industry median Forward PE Ratio is 24.50. Arteche Lantegi Elekartea's value of 34.28 is 39.9% above this industry median. Based on the distribution chart, Arteche Lantegi Elekartea ranks #650 out of 1019 companies in the Hardware industry, which is below the industry midpoint. Overall, Arteche Lantegi Elekartea has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Arteche Lantegi Elekartea's Forward PE Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Arteche Lantegi Elekartea ranks #650 out of 1019 companies for Forward PE Ratio. This places Arteche Lantegi Elekartea in the lower half of its industry. The industry median Forward PE Ratio is 24.50. Arteche Lantegi Elekartea's value of 34.28 is 39.9% 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 Hardware company?
The median Forward PE Ratio among Hardware companies is 24.50, based on 1,019 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. Arteche Lantegi Elekartea's current Forward PE Ratio of 34.28 is 39.9% 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 Arteche Lantegi Elekartea and its competitors. For the Hardware industry, the median Forward PE Ratio is 24.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arteche Lantegi Elekartea's current Forward PE Ratio is 34.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arteche Lantegi Elekartea stock overvalued right now?
Based on GuruFocus' analysis, Arteche Lantegi Elekartea (XMAD:ART) is currently considered Significantly Overvalued. The stock's GF Value™ is €6.69, compared to a current price of €33.40 — trading 399.3% above its estimated fair value. The current Forward PE Ratio is 34.28 and 39.9% above the Hardware industry median of 24.50. Arteche Lantegi Elekartea's overall GF Score™ is 79/100 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 Arteche Lantegi Elekartea (XMAD:ART), the current Forward PE Ratio is 34.28 as of Jul. 02, 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 Arteche Lantegi Elekartea (XMAD:ART) Overvalued in 2026?
Based on GuruFocus' analysis, Arteche Lantegi Elekartea stock appears to be overvalued.
The current stock price of €33.40 is trading 399.3% above its estimated GF Value™ of €6.69.
GuruFocus considers Arteche Lantegi Elekartea to be Significantly Overvalued.
Key valuation signals for XMAD:ART:
Forward PE Ratio: 34.28
GF Value™: €6.69 vs. price of €33.40 (399.3% above fair value)
Industry Position: 39.9% above the Hardware median (#650 of 1019)
No single metric tells the full story. See the XMAD:ART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arteche Lantegi Elekartea SA is a company specializing in electrical equipment and solutions for power generation, transmission, and distribution. It designs and manufactures products such as instrument transformers, relays, and protection systems. The group operates in over 175 countries world-wide. It focuses on innovation, reliability, and supporting the transition to more efficient and sustainable energy systems.
79GF Score
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Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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