QualitasASX:QAL +0.95%61 Forward PE Ratio is 18.07 as of Jul. 12, 2026. GuruFocus rates ASX:QAL with a GF Score™ of 61/100 and a GF Value™ of A$2.83 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 324 Asset Management companies, Qualitas ranks worse than 81.17% 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 .
Qualitas Forward PE Ratio Related Terms
Qualitas Forward PE Ratio Historical Data
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The historical data trend for Qualitas'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.
Qualitas Forward PE Ratio Chart
Qualitas Annual Data
Trend
2025-06
Forward PE Ratio
22.81
Qualitas Semi-Annual Data
2024-12
2025-06
2025-12
Forward PE Ratio
22.50
22.81
26.00
ASX:QAL vs BLK, BX, KKR: Forward PE Ratio Comparison
For the Asset Management subindustry, Qualitas'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.
Qualitas Forward PE Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Qualitas's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Qualitas'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.
Qualitas (ASX:QAL) has a Forward PE Ratio of 18.07 as of Jul. 12, 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 Qualitas and its competitors. According to the industry distribution chart, Qualitas ranks #263 out of 324 companies in the Asset Management industry, placing it in the top 81.2%.
Is Qualitas' Forward PE Ratio too high?
Qualitas' current Forward PE Ratio is 18.07. The Asset Management industry median Forward PE Ratio is 10.87. Qualitas' value of 18.07 is 66.3% above this industry median. Based on the distribution chart, Qualitas ranks #263 out of 324 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Qualitas has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Qualitas' Forward PE Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Qualitas ranks #263 out of 324 companies for Forward PE Ratio. This places Qualitas in the lower half of its industry. The industry median Forward PE Ratio is 10.87. Qualitas' value of 18.07 is 66.3% 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 Asset Management company?
The median Forward PE Ratio among Asset Management companies is 10.87, based on 324 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. Qualitas's current Forward PE Ratio of 18.07 is 66.3% 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 Qualitas and its competitors. For the Asset Management industry, the median Forward PE Ratio is 10.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qualitas's current Forward PE Ratio is 18.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qualitas stock overvalued right now?
Based on GuruFocus' analysis, Qualitas (ASX:QAL) is currently considered Modestly Overvalued. The stock's GF Value™ is A$2.83, compared to a current price of A$3.18 — trading 12.4% above its estimated fair value. The current Forward PE Ratio is 18.07 and 66.3% above the Asset Management industry median of 10.87. Qualitas' overall GF Score™ is 61/100 with 2 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 Qualitas (ASX:QAL), the current Forward PE Ratio is 18.07 as of Jul. 12, 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 Qualitas (ASX:QAL) Overvalued in 2026?
Based on GuruFocus' analysis, Qualitas stock appears to be overvalued.
The current stock price of A$3.18 is trading 12.4% above its estimated GF Value™ of A$2.83.
GuruFocus considers Qualitas to be Modestly Overvalued.
Key valuation signals for ASX:QAL:
Forward PE Ratio: 18.07
GF Value™: A$2.83 vs. price of A$3.18 (12.4% above fair value)
Industry Position: 66.3% above the Asset Management median (#263 of 324)
No single metric tells the full story. See the ASX:QAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Qualitas Ltd is an alternative real estate investment manager focused on private credit and equity across commercial real estate sectors. The Group has identified two operating segments Funds Management and Direct Lending. Maximum revenue is generated from its Funds Management segment which includes all of its core Funds management activities and includes Funds management fees, performance fees, and other fee income. It also includes dividends and distributions from Qualitas' Investment and Direct Lending activities. The Direct Lending segment relates to the interest income and expenses relating to activities undertaken by the company's subsidiaries.
61GF Score
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