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New HopeASX:NHC +2.11%65 Forward PE Ratio is 12.78 as of Jul. 15, 2026. GuruFocus rates ASX:NHC with a GF Score™ of 65/100 and a GF Value™ of A$4.05 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 65 Other Energy Sources companies, New Hope ranks better than 52.31% 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 .
New Hope Forward PE Ratio Related Terms
New Hope Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for New Hope'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.
New Hope Forward PE Ratio Chart
New Hope Annual Data
Trend
2016-07
2017-07
2018-07
2019-07
2020-07
2021-07
2022-07
2023-07
2024-07
2025-07
Forward PE Ratio
51.55
9.17
11.43
8.16
16.72
7.01
3.16
6.88
6.57
10.46
New Hope Semi-Annual Data
2016-01
2016-07
2017-01
2017-07
2018-01
2018-07
2019-01
2019-07
2020-01
2020-07
2021-01
2021-07
2022-01
2022-07
2023-01
2023-07
2024-01
2024-07
2025-01
2025-07
2026-01
Forward PE Ratio
22.03
51.55
19.92
9.17
11.88
11.43
7.54
8.16
12.36
16.72
29.85
7.01
3.24
3.16
2.44
6.88
10.66
6.57
7.80
10.46
20.32
New Hope Forward PE Ratio Competitor Comparison
For the Thermal Coal subindustry, New Hope'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.
New Hope Forward PE Ratio vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, New Hope's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where New Hope'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.
New Hope (ASX:NHC) has a Forward PE Ratio of 12.78 as of Jul. 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 New Hope and its competitors. According to the industry distribution chart, New Hope ranks #31 out of 65 companies in the Other Energy Sources industry, placing it in the top 47.7%.
Is New Hope's Forward PE Ratio too high?
New Hope's current Forward PE Ratio is 12.78. The Other Energy Sources industry median Forward PE Ratio is 12.10. New Hope's value of 12.78 is 5.6% above this industry median. Based on the distribution chart, New Hope ranks #31 out of 65 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, New Hope has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does New Hope's Forward PE Ratio compare to competitors?
According to the Other Energy Sources industry distribution chart, New Hope ranks #31 out of 65 companies for Forward PE Ratio. This puts New Hope in the upper half of its industry. The industry median Forward PE Ratio is 12.10. New Hope's value of 12.78 is 5.6% 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 Other Energy Sources company?
The median Forward PE Ratio among Other Energy Sources companies is 12.10, based on 65 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. New Hope's current Forward PE Ratio of 12.78 is 5.6% 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 New Hope and its competitors. For the Other Energy Sources industry, the median Forward PE Ratio is 12.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Hope's current Forward PE Ratio is 12.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Hope stock overvalued right now?
Based on GuruFocus' analysis, New Hope (ASX:NHC) is currently considered Significantly Overvalued. The stock's GF Value™ is A$4.05, compared to a current price of A$5.33 — trading 31.6% above its estimated fair value. The current Forward PE Ratio is 12.78 and 5.6% above the Other Energy Sources industry median of 12.10. New Hope's overall GF Score™ is 65/100 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 New Hope (ASX:NHC), the current Forward PE Ratio is 12.78 as of Jul. 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 New Hope (ASX:NHC) Overvalued in 2026?
Based on GuruFocus' analysis, New Hope stock appears to be overvalued.
The current stock price of A$5.33 is trading 31.6% above its estimated GF Value™ of A$4.05.
GuruFocus considers New Hope to be Significantly Overvalued.
Key valuation signals for ASX:NHC:
Forward PE Ratio: 12.78
GF Value™: A$4.05 vs. price of A$5.33 (31.6% above fair value)
Industry Position: 5.6% above the Other Energy Sources median (#31 of 65)
No single metric tells the full story. See the ASX:NHC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Hope Corporation is an Australian thermal coal miner. It has two operating mines: the 100%-owned New Acland coal mine in Queensland and its 80%-owned Bengalla coal mine in New South Wales. The company should sell around 13 million metric tons of thermal coal annually from fiscal 2028, up from around 10.5 million in fiscal 2025, driven by the construction and ramp up of New Acland Stage 3. The vast majority of New Hope's production is sold into seaborne thermal coal export markets. Reserves at New Acland and Bengalla are sufficient to support multidecade mine lives. New Hope also has significant undeveloped coal resources in Queensland, as well as a 23% holding in the Malabar-Maxwell metallurgical coal mine, which began production in 2023.
65GF Score
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