Mercedes-Benz Group AG (XSWX:MBG) 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 .
Mercedes-Benz Group AG Forward PE Ratio Related Terms
Mercedes-Benz Group AG Forward PE Ratio Historical Data
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The historical data trend for Mercedes-Benz Group AG'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.
Mercedes-Benz Group AG Forward PE Ratio Chart
Mercedes-Benz Group AG Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2019-12
2020-12
2021-12
Forward PE Ratio
8.86
8.08
7.40
5.43
9.06
11.09
9.30
Mercedes-Benz Group AG Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2017-09
2017-12
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
2026-03
Forward PE Ratio
8.86
7.72
6.57
6.94
8.08
7.82
7.19
6.83
7.40
7.02
6.17
6.14
5.43
6.84
7.04
6.80
9.06
10.42
42.37
11.06
11.09
8.90
6.84
6.47
9.30
9.05
8.65
8.88
16.87
XSWX:MBG vs TSLA, GM, F: Forward PE Ratio Comparison
For the Auto Manufacturers subindustry, Mercedes-Benz Group AG'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.
Mercedes-Benz Group AG Forward PE Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Mercedes-Benz Group AG's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Mercedes-Benz Group AG's Forward PE Ratio falls into.
Mercedes-Benz Group AG 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.
Mercedes-Benz Group AG (XSWX:MBG) has a Forward PE Ratio of 7.73 as of Jun. 27, 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 Mercedes-Benz Group AG and its competitors. According to the industry distribution chart, Mercedes-Benz Group AG ranks #108 out of 593 companies in the Vehicles & Parts industry, placing it in the top 18.2%.
Is Mercedes-Benz Group AG's Forward PE Ratio too high?
Mercedes-Benz Group AG's current Forward PE Ratio is 7.73. The Vehicles & Parts industry median Forward PE Ratio is 13.06. Mercedes-Benz Group AG's value of 7.73 is 40.8% below this industry median. Based on the distribution chart, Mercedes-Benz Group AG ranks #108 out of 593 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Mercedes-Benz Group AG has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mercedes-Benz Group AG's Forward PE Ratio compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Mercedes-Benz Group AG ranks #108 out of 593 companies for Forward PE Ratio. This places Mercedes-Benz Group AG in the top 18% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 13.06. Mercedes-Benz Group AG's value of 7.73 is 40.8% 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 Vehicles & Parts company?
The median Forward PE Ratio among Vehicles & Parts companies is 13.06, based on 593 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. Mercedes-Benz Group AG's current Forward PE Ratio of 7.73 is 40.8% 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 Mercedes-Benz Group AG and its competitors. For the Vehicles & Parts industry, the median Forward PE Ratio is 13.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercedes-Benz Group AG's current Forward PE Ratio is 7.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercedes-Benz Group AG stock overvalued right now?
Based on GuruFocus' analysis, Mercedes-Benz Group AG (XSWX:MBG) is currently considered Possible Value Trap. The stock's GF Value™ is CHF52.97, compared to a current price of CHF40.87 — trading 22.9% below its estimated fair value. The current Forward PE Ratio is 7.73 and 40.8% below the Vehicles & Parts industry median of 13.06. Mercedes-Benz Group AG's overall GF Score™ is 62/100 with 5 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 Mercedes-Benz Group AG (XSWX:MBG), the current Forward PE Ratio is 7.73 as of Jun. 27, 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 Mercedes-Benz Group AG (XSWX:MBG) Overvalued in 2026?
Based on GuruFocus' analysis, Mercedes-Benz Group AG stock appears to be undervalued.
The current stock price of CHF40.87 is trading 22.9% below its estimated GF Value™ of CHF52.97.
GuruFocus considers Mercedes-Benz Group AG to be Possible Value Trap.
Key valuation signals for XSWX:MBG:
Forward PE Ratio: 7.73
GF Value™: CHF52.97 vs. price of CHF40.87 (22.9% below fair value)
Industry Position: 40.8% below the Vehicles & Parts median (#108 of 593)
No single metric tells the full story. See the XSWX:MBG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mercedes-Benz Group is a premium automotive original equipment manufacturer, selling around 2 million passenger cars, including its Chinese joint venture, and just under 400,000 vans per year. The company's financial profile improved significantly following the spinoff of Daimler Truck in 2021. Unlike most automotive OEMs, Mercedes operates under its brand alone. In 2025, 15% of its passenger cars sold were top end (G Class, Maybach, AMG, S Class), 58% were core (C and E Class), and 27% entry (A and B Class). In volume terms, Asia and Europe are Mercedes' largest markets, representing 41% and 36% of 2025 vehicle sales, respectively, followed by North America at 16%.
62GF Score
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