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Ericsson Nikola Tesla DD (ZAG:ERNT) 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 .
Ericsson Nikola Tesla DD Forward PE Ratio Related Terms
Ericsson Nikola Tesla DD 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.
Ericsson Nikola Tesla DD Forward PE Ratio Chart
Ericsson Nikola Tesla DD Annual Data
Trend
Forward PE Ratio
Ericsson Nikola Tesla DD Quarterly Data
2026-03
2026-06
Forward PE Ratio
18.90
19.53
ZAG:ERNT vs VZ, TMUS, T: Forward PE Ratio Comparison
For the Telecom Services subindustry, Ericsson Nikola Tesla DD'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.
Ericsson Nikola Tesla DD Forward PE Ratio vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Ericsson Nikola Tesla DD's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Ericsson Nikola Tesla DD's Forward PE Ratio falls into.
Ericsson Nikola Tesla DD 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.
Ericsson Nikola Tesla DD (ZAG:ERNT) has a Forward PE Ratio of 18.82 as of Sep. 15, 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 Ericsson Nikola Tesla DD and its competitors. According to the industry distribution chart, Ericsson Nikola Tesla DD ranks #155 out of 216 companies in the Telecommunication Services industry, placing it in the top 71.8%.
Is Ericsson Nikola Tesla DD's Forward PE Ratio too high?
Ericsson Nikola Tesla DD's current Forward PE Ratio is 18.82. The Telecommunication Services industry median Forward PE Ratio is 13.43. Ericsson Nikola Tesla DD's value of 18.82 is 40.2% above this industry median. Based on the distribution chart, Ericsson Nikola Tesla DD ranks #155 out of 216 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Ericsson Nikola Tesla DD has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ericsson Nikola Tesla DD's Forward PE Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Ericsson Nikola Tesla DD ranks #155 out of 216 companies for Forward PE Ratio. This places Ericsson Nikola Tesla DD in the lower half of its industry. The industry median Forward PE Ratio is 13.43. Ericsson Nikola Tesla DD's value of 18.82 is 40.2% 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 13.43, based on 216 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. Ericsson Nikola Tesla DD's current Forward PE Ratio of 18.82 is 40.2% 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 Ericsson Nikola Tesla DD and its competitors. For the Telecommunication Services industry, the median Forward PE Ratio is 13.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ericsson Nikola Tesla DD's current Forward PE Ratio is 18.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ericsson Nikola Tesla DD stock overvalued right now?
Based on GuruFocus' analysis, Ericsson Nikola Tesla DD (ZAG:ERNT) is currently considered Modestly Overvalued. The stock's GF Value™ is €180.88, compared to a current price of €214.00 — trading 18.3% above its estimated fair value. The current Forward PE Ratio is 18.82 and 40.2% above the Telecommunication Services industry median of 13.43. Ericsson Nikola Tesla DD's overall GF Score™ is 74/100 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 Ericsson Nikola Tesla DD (ZAG:ERNT), the current Forward PE Ratio is 18.82 as of Sep. 15, 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 Ericsson Nikola Tesla DD (ZAG:ERNT) Overvalued in 2026?
Based on GuruFocus' analysis, Ericsson Nikola Tesla DD stock appears to be overvalued.
The current stock price of €214.00 is trading 18.3% above its estimated GF Value™ of €180.88.
GuruFocus considers Ericsson Nikola Tesla DD to be Modestly Overvalued.
Key valuation signals for ZAG:ERNT:
Forward PE Ratio: 18.82
GF Value™: €180.88 vs. price of €214.00 (18.3% above fair value)
Industry Position: 40.2% above the Telecommunication Services median (#155 of 216)
No single metric tells the full story. See the ZAG:ERNT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ericsson Nikola Tesla DD is a provider of communication products and services and ICT solutions related to healthcare, national and public safety, state administration, transport, utilities, and multimedia communication. The company's principal activities include research and development of telecommunications software and services, design, testing, and integration of total communications solutions, managed services, supply, and maintenance of communications solutions and ICT solutions, towards customers within the Ericsson Group, customers in the Republic of Croatia, and Bosnia and Herzegovina, and several customers in Central and Eastern Europe. The company operates in four segments Networks, Digital Services, Managed Services, and Others. It earns maximum revenue from Networks segment.
74GF 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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