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NMDC Energy PJSCADX:NMDCENR -0.68%28 Forward PE Ratio is 13.90 as of Sep. 14, 2026. GuruFocus rates ADX:NMDCENR with a GF Score™ of 28/100. The stock has 5 warning signs investors should review. Among 546 Oil & Gas companies, NMDC Energy PJSC ranks worse than 66.48% on this metric.
NMDC Energy PJSC (ADX:NMDCENR) 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 .
NMDC Energy PJSC Forward PE Ratio Related Terms
NMDC Energy PJSC Forward PE Ratio Historical Data
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The historical data trend for NMDC Energy PJSC'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.
NMDC Energy PJSC Forward PE Ratio Chart
NMDC Energy PJSC Annual Data
Trend
2025-12
Forward PE Ratio
3.64
NMDC Energy PJSC Quarterly Data
2025-12
2026-03
2026-06
Forward PE Ratio
3.64
3.47
4.39
ADX:NMDCENR vs COP, EOG, OXY: Forward PE Ratio Comparison
For the Oil & Gas Equipment & Services subindustry, NMDC Energy PJSC'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.
NMDC Energy PJSC Forward PE Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NMDC Energy PJSC's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where NMDC Energy PJSC'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.
NMDC Energy PJSC (ADX:NMDCENR) has a Forward PE Ratio of 13.90 as of Sep. 14, 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 NMDC Energy PJSC and its competitors. According to the industry distribution chart, NMDC Energy PJSC ranks #363 out of 546 companies in the Oil & Gas industry, placing it in the top 66.5%.
Is NMDC Energy PJSC's Forward PE Ratio too high?
NMDC Energy PJSC's current Forward PE Ratio is 13.90. The Oil & Gas industry median Forward PE Ratio is 11.43. NMDC Energy PJSC's value of 13.90 is 21.6% above this industry median. Based on the distribution chart, NMDC Energy PJSC ranks #363 out of 546 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, NMDC Energy PJSC has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does NMDC Energy PJSC's Forward PE Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, NMDC Energy PJSC ranks #363 out of 546 companies for Forward PE Ratio. This places NMDC Energy PJSC in the lower half of its industry. The industry median Forward PE Ratio is 11.43. NMDC Energy PJSC's value of 13.90 is 21.6% 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 an Oil & Gas company?
The median Forward PE Ratio among Oil & Gas companies is 11.43, based on 546 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. NMDC Energy PJSC's current Forward PE Ratio of 13.90 is 21.6% 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 NMDC Energy PJSC and its competitors. For the Oil & Gas industry, the median Forward PE Ratio is 11.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NMDC Energy PJSC's current Forward PE Ratio is 13.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NMDC Energy PJSC stock overvalued right now?
NMDC Energy PJSC (ADX:NMDCENR) has a current Forward PE Ratio of 13.90. The current Forward PE Ratio is 13.90 and 21.6% above the Oil & Gas industry median of 11.43. NMDC Energy PJSC's overall GF Score™ is 28/100 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 NMDC Energy PJSC (ADX:NMDCENR), the current Forward PE Ratio is 13.90 as of Sep. 14, 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.
NMDC Energy PJSC is engaged in engineering, procurement, and construction solutions for clients in the onshore and offshore oil and gas sectors. Its projects include MERAM, Umm Lulu full field development, Estidama, Satah full field development, and others projects. The Group has aggregated its geographical segments into UAE and International. UAE segment includes projects in the UAE, while international segment includes operations in Kingdom of Saudi Arabia, Bahrain, India, Taiwan, and Kuwait.
28GF Score
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