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GR Engineering Services (ASX:GNG) 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 .
GR Engineering Services Forward PE Ratio Related Terms
GR Engineering Services 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.
GR Engineering Services Forward PE Ratio Chart
GR Engineering Services Annual Data
Trend
2016-06
2017-06
2018-06
2019-06
2020-06
2021-06
2025-06
Forward PE Ratio
9.00
12.22
12.15
9.12
12.30
9.95
15.98
GR Engineering Services Semi-Annual Data
2015-12
2016-06
2016-12
2017-06
2017-12
2018-06
2018-12
2019-06
2020-06
2020-12
2021-06
2021-12
2024-12
2025-06
2025-12
Forward PE Ratio
7.61
9.00
12.45
12.22
11.68
12.15
17.89
9.12
12.30
11.30
9.95
10.78
13.78
15.98
18.91
GR Engineering Services Forward PE Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, GR Engineering Services'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.
GR Engineering Services Forward PE Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, GR Engineering Services's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where GR Engineering Services's Forward PE Ratio falls into.
GR Engineering Services 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.
GR Engineering Services (ASX:GNG) has a Forward PE Ratio of 17.77 as of Jul. 25, 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 GR Engineering Services and its competitors. According to the industry distribution chart, GR Engineering Services ranks #336 out of 486 companies in the Metals & Mining industry, placing it in the top 69.1%.
Is GR Engineering Services' Forward PE Ratio too high?
GR Engineering Services' current Forward PE Ratio is 17.77. The Metals & Mining industry median Forward PE Ratio is 11.24. GR Engineering Services' value of 17.77 is 58.2% above this industry median. Based on the distribution chart, GR Engineering Services ranks #336 out of 486 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, GR Engineering Services has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GR Engineering Services' Forward PE Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, GR Engineering Services ranks #336 out of 486 companies for Forward PE Ratio. This places GR Engineering Services in the lower half of its industry. The industry median Forward PE Ratio is 11.24. GR Engineering Services' value of 17.77 is 58.2% 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 Metals & Mining company?
The median Forward PE Ratio among Metals & Mining companies is 11.24, based on 486 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. GR Engineering Services's current Forward PE Ratio of 17.77 is 58.2% 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 GR Engineering Services and its competitors. For the Metals & Mining industry, the median Forward PE Ratio is 11.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GR Engineering Services's current Forward PE Ratio is 17.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GR Engineering Services stock overvalued right now?
Based on GuruFocus' analysis, GR Engineering Services (ASX:GNG) is currently considered Significantly Overvalued. The stock's GF Value™ is A$2.86, compared to a current price of A$5.65 — trading 97.6% above its estimated fair value. The current Forward PE Ratio is 17.77 and 58.2% above the Metals & Mining industry median of 11.24. GR Engineering Services' overall GF Score™ is 76/100 with 3 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 GR Engineering Services (ASX:GNG), the current Forward PE Ratio is 17.77 as of Jul. 25, 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 GR Engineering Services (ASX:GNG) Overvalued in 2026?
Based on GuruFocus' analysis, GR Engineering Services stock appears to be overvalued.
The current stock price of A$5.65 is trading 97.6% above its estimated GF Value™ of A$2.86.
GuruFocus considers GR Engineering Services to be Significantly Overvalued.
Key valuation signals for ASX:GNG:
Forward PE Ratio: 17.77
GF Value™: A$2.86 vs. price of A$5.65 (97.6% above fair value)
Industry Position: 58.2% above the Metals & Mining median (#336 of 486)
No single metric tells the full story. See the ASX:GNG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GR Engineering Services Ltd provides process engineering, detailed engineering design, process control, and automation design and construction services to the mining and mineral processing industry. In addition, it also provides operations, maintenance, engineering, and advisory services to the energy sector. The company has been a part of several projects, including the Mungari Future Growth Project, Kathleen Valley Lithium Backfill Project, and the Woodlawn Restart Project, among others. It operates in two segments: Mineral Processing and Oil and Gas. Key revenue is derived from the Mineral processing segment, which includes Engineering, Procurement, and Construction (EPC) contracts of mineral projects. Geographically, the group derives maximum revenue from its business in Australia.
76GF Score
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