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Abu Dhabi National Energy Co PJSC (ADX:TAQA) 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 .
Abu Dhabi National Energy Co PJSC Forward PE Ratio Related Terms
Abu Dhabi National Energy Co PJSC 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.
Abu Dhabi National Energy Co PJSC Forward PE Ratio Chart
Abu Dhabi National Energy Co PJSC Annual Data
Trend
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
22.88
45.66
36.71
61.93
Abu Dhabi National Energy Co PJSC Quarterly Data
2022-12
2023-03
2023-12
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
22.88
23.26
45.66
36.71
41.29
59.50
55.08
61.93
45.44
42.10
ADX:TAQA vs SRE, AES: Forward PE Ratio Comparison
For the Utilities - Diversified subindustry, Abu Dhabi National Energy Co 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.
Abu Dhabi National Energy Co PJSC Forward PE Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Abu Dhabi National Energy Co PJSC's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Abu Dhabi National Energy Co PJSC's Forward PE Ratio falls into.
Abu Dhabi National Energy Co PJSC 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.
Abu Dhabi National Energy Co PJSC (ADX:TAQA) has a Forward PE Ratio of 36.44 as of Sep. 04, 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 Abu Dhabi National Energy Co PJSC and its competitors. According to the industry distribution chart, Abu Dhabi National Energy Co PJSC ranks #266 out of 276 companies in the Utilities - Regulated industry, placing it in the top 96.4%.
Is Abu Dhabi National Energy Co PJSC's Forward PE Ratio too high?
Abu Dhabi National Energy Co PJSC's current Forward PE Ratio is 36.44. The Utilities - Regulated industry median Forward PE Ratio is 13.54. Abu Dhabi National Energy Co PJSC's value of 36.44 is 169.2% above this industry median. Based on the distribution chart, Abu Dhabi National Energy Co PJSC ranks #266 out of 276 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Abu Dhabi National Energy Co PJSC has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Abu Dhabi National Energy Co PJSC's Forward PE Ratio compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, Abu Dhabi National Energy Co PJSC ranks #266 out of 276 companies for Forward PE Ratio. This places Abu Dhabi National Energy Co PJSC in the lower half of its industry. The industry median Forward PE Ratio is 13.54. Abu Dhabi National Energy Co PJSC's value of 36.44 is 169.2% 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 an Utilities - Regulated company?
The median Forward PE Ratio among Utilities - Regulated companies is 13.54, based on 276 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. Abu Dhabi National Energy Co PJSC's current Forward PE Ratio of 36.44 is 169.2% 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 Abu Dhabi National Energy Co PJSC and its competitors. For the Utilities - Regulated industry, the median Forward PE Ratio is 13.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Abu Dhabi National Energy Co PJSC's current Forward PE Ratio is 36.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abu Dhabi National Energy Co PJSC stock overvalued right now?
Based on GuruFocus' analysis, Abu Dhabi National Energy Co PJSC (ADX:TAQA) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ3.32, compared to a current price of د.إ2.66 — trading 19.9% below its estimated fair value. The current Forward PE Ratio is 36.44 and 169.2% above the Utilities - Regulated industry median of 13.54. Abu Dhabi National Energy Co PJSC's overall GF Score™ is 77/100 with 6 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 Abu Dhabi National Energy Co PJSC (ADX:TAQA), the current Forward PE Ratio is 36.44 as of Sep. 04, 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 Abu Dhabi National Energy Co PJSC (ADX:TAQA) Overvalued in 2026?
Based on GuruFocus' analysis, Abu Dhabi National Energy Co PJSC stock appears to be undervalued.
The current stock price of د.إ2.66 is trading 19.9% below its estimated GF Value™ of د.إ3.32.
GuruFocus considers Abu Dhabi National Energy Co PJSC to be Modestly Undervalued.
Key valuation signals for ADX:TAQA:
Forward PE Ratio: 36.44
GF Value™: د.إ3.32 vs. price of د.إ2.66 (19.9% below fair value)
Industry Position: 169.2% above the Utilities - Regulated median (#266 of 276)
No single metric tells the full story. See the ADX:TAQA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Abu Dhabi National Energy Co PJSC which is majority-owned by the Abu Dhabi government is a fully integrated energy provider with operations in nine markets around the world. Its segment includes Power and Water Generation segment, Power and Water Transmission segment, Power and Water Distribution segment, Oil and Gas segment, and Water Solutions Segment. The company generates the majority of its revenue from Power and Water Distribution segment, which is engaged in distribution of water and electricity from the generation and desalination plants in the UAE.. Geographically the company generates the majority of its revenue from UAE.
77GF Score
Get the complete analysis for ADX:TAQA
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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