AustalASX:ASB +2.44%73 Forward PE Ratio is 17.68 as of Jul. 04, 2026. GuruFocus rates ASX:ASB with a GF Score™ of 73/100 and a GF Value™ of A$3.11 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 204 Aerospace & Defense companies, Austal ranks better than 82.84% on this metric.
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 .
Austal Forward PE Ratio Related Terms
Austal Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Austal'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.
Austal Forward PE Ratio Chart
Austal Annual Data
Trend
2016-06
2017-06
2018-06
2019-06
2020-06
2021-06
2022-06
2023-06
2025-06
Forward PE Ratio
10.18
17.48
14.99
17.67
12.33
9.29
8.05
8.20
35.14
Austal Semi-Annual Data
2015-12
2016-06
2016-12
2017-06
2017-12
2018-06
2018-12
2019-06
2019-12
2020-06
2020-12
2021-06
2021-12
2022-06
2022-12
2023-06
2024-12
2025-06
2025-12
Forward PE Ratio
12.02
10.18
21.05
17.48
18.35
14.99
15.90
17.67
18.83
12.33
11.24
9.29
9.56
8.05
9.26
8.20
22.87
35.14
32.84
ASX:ASB vs SPCX, GE, RTX: Forward PE Ratio Comparison
For the Aerospace & Defense subindustry, Austal'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.
Austal Forward PE Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Austal's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Austal'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.
Austal (ASX:ASB) has a Forward PE Ratio of 17.68 as of Jul. 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 Austal and its competitors. According to the industry distribution chart, Austal ranks #35 out of 204 companies in the Aerospace & Defense industry, placing it in the top 17.2%.
Is Austal's Forward PE Ratio too high?
Austal's current Forward PE Ratio is 17.68. The Aerospace & Defense industry median Forward PE Ratio is 29.36. Austal's value of 17.68 is 39.8% below this industry median. Based on the distribution chart, Austal ranks #35 out of 204 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Austal has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Austal's Forward PE Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Austal ranks #35 out of 204 companies for Forward PE Ratio. This places Austal in the top 17% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 29.36. Austal's value of 17.68 is 39.8% 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 an Aerospace & Defense company?
The median Forward PE Ratio among Aerospace & Defense companies is 29.36, based on 204 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. Austal's current Forward PE Ratio of 17.68 is 39.8% 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 Austal and its competitors. For the Aerospace & Defense industry, the median Forward PE Ratio is 29.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Austal's current Forward PE Ratio is 17.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Austal stock overvalued right now?
Based on GuruFocus' analysis, Austal (ASX:ASB) is currently considered Significantly Overvalued. The stock's GF Value™ is A$3.11, compared to a current price of A$4.19 — trading 34.7% above its estimated fair value. The current Forward PE Ratio is 17.68 and 39.8% below the Aerospace & Defense industry median of 29.36. Austal's overall GF Score™ is 73/100 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 Austal (ASX:ASB), the current Forward PE Ratio is 17.68 as of Jul. 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 Austal (ASX:ASB) Overvalued in 2026?
Based on GuruFocus' analysis, Austal stock appears to be overvalued.
The current stock price of A$4.19 is trading 34.7% above its estimated GF Value™ of A$3.11.
GuruFocus considers Austal to be Significantly Overvalued.
Key valuation signals for ASX:ASB:
Forward PE Ratio: 17.68
GF Value™: A$3.11 vs. price of A$4.19 (34.7% above fair value)
Industry Position: 39.8% below the Aerospace & Defense median (#35 of 204)
No single metric tells the full story. See the ASX:ASB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Austal Ltd is engaged in designing, constructing, and supporting revolutionary defense and commercial vessels. The company designs, constructs, and supports passenger ferries, vehicle passenger ferries, and offshore and windfarm vessels; naval vessels; naval surface warfare combatants; and patrol boats for government law enforcement and border protection agencies. Its reportable segments are USA Shipbuilding; USA Support; Australasia Shipbuilding and Australasia Support. Maximum revenue is generated from its USA Shipbuilding segment which manufactures high performance defence vessels for U.S. Navy and Coast Guard. Geographically, the company derives a majority of its revenue from the United States of America and the rest from Australia, Europe, Asia, South America, and the Middle East.
73GF Score
Get the complete analysis for ASX:ASB
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:ASB has been successfully added to your 