Vulcan Steel (ASX:VSL) Forward PE Ratio: 16.97 (As of Jul. 07, 2026)


ASX:VSL Vulcan Steel Ltd ASX:VSL
58 GF Score
Price A$4.70
GF Value A$6.17
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Vulcan Steel Forward PE Ratio?

Vulcan Steel ASX:VSL -4.47% 58 Forward PE Ratio is 16.97 as of Jul. 07, 2026. GuruFocus rates ASX:VSL with a GF Score™ of 58/100 and a GF Value™ of A$6.17 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 178 Steel companies, Vulcan Steel ranks worse than 61.8% on this metric.

Vulcan Steel's Forward PE Ratio for today is 16.97.

Vulcan Steel's PE Ratio without NRI for today is 48.45.

Vulcan Steel's PE Ratio (TTM) for today is 48.45.


Vulcan Steel  (ASX:VSL) 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 .


Vulcan Steel Forward PE Ratio Related Terms


Vulcan Steel Forward PE Ratio Historical Data

* Premium members only.

The historical data trend for Vulcan Steel'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.

Vulcan Steel Forward PE Ratio Chart

Vulcan Steel Annual Data
Trend 2024-06 2025-06
Forward PE Ratio
13.83 15.65

Vulcan Steel Semi-Annual Data
2022-12 2024-06 2024-12 2025-06 2025-12
Forward PE Ratio 10.95 13.83 50.20 15.65 37.22

ASX:VSL vs NUE, STLD, RS: Forward PE Ratio Comparison

For the Steel subindustry, Vulcan Steel'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.


Vulcan Steel Forward PE Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Vulcan Steel's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Vulcan Steel's Forward PE Ratio falls into.


ASX:VSL
58GF Score
Vulcan Steel Ltd ASX:VSL
Forward PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Vulcan Steel 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.

Frequently Asked Questions Learn more about Forward PE Ratio →
What does a Forward PE Ratio of 16.97 mean?
Vulcan Steel (ASX:VSL) has a Forward PE Ratio of 16.97 as of Jul. 07, 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 Vulcan Steel and its competitors. According to the industry distribution chart, Vulcan Steel ranks #110 out of 178 companies in the Steel industry, placing it in the top 61.8%.
Is Vulcan Steel's Forward PE Ratio too high?
Vulcan Steel's current Forward PE Ratio is 16.97. The Steel industry median Forward PE Ratio is 13.80. Vulcan Steel's value of 16.97 is 23% above this industry median. Based on the distribution chart, Vulcan Steel ranks #110 out of 178 companies in the Steel industry, which is below the industry midpoint. Overall, Vulcan Steel has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vulcan Steel's Forward PE Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Vulcan Steel ranks #110 out of 178 companies for Forward PE Ratio. This places Vulcan Steel in the lower half of its industry. The industry median Forward PE Ratio is 13.80. Vulcan Steel's value of 16.97 is 23% 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 Steel company?
The median Forward PE Ratio among Steel companies is 13.80, based on 178 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. Vulcan Steel's current Forward PE Ratio of 16.97 is 23% 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 Vulcan Steel and its competitors. For the Steel industry, the median Forward PE Ratio is 13.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vulcan Steel's current Forward PE Ratio is 16.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vulcan Steel stock overvalued right now?
Based on GuruFocus' analysis, Vulcan Steel (ASX:VSL) is currently considered Modestly Undervalued. The stock's GF Value™ is A$6.17, compared to a current price of A$4.70 — trading 23.8% below its estimated fair value. The current Forward PE Ratio is 16.97 and 23% above the Steel industry median of 13.80. Vulcan Steel's overall GF Score™ is 58/100 with 5 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 Vulcan Steel (ASX:VSL), the current Forward PE Ratio is 16.97 as of Jul. 07, 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 Vulcan Steel (ASX:VSL) Overvalued in 2026?

Based on GuruFocus' analysis, Vulcan Steel stock appears to be undervalued. The current stock price of A$4.70 is trading 23.8% below its estimated GF Value™ of A$6.17. GuruFocus considers Vulcan Steel to be Modestly Undervalued.

Key valuation signals for ASX:VSL:

  • Forward PE Ratio: 16.97
  • GF Value™: A$6.17 vs. price of A$4.70 (23.8% below fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 23% above the Steel median (#110 of 178)

No single metric tells the full story. See the ASX:VSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vulcan Steel Business Description

Other Exchanges VSL:New Zealand
Address 29 Neales Road, East Tamaki, Auckland, NTL, NZL, 2013
Vulcan Steel Ltd is a metals distributor and processor. Its products include Steel, Stainless Steel, Engineering steel, Plate processing, and Coil processing. The company has two operating segments namely, the Steel business across New Zealand and Australia which includes Steel distribution, Plate processing, and Coil processing; and Metals business across New Zealand, which includes Stainless Steel, Engineering Steel, and Aluminium.
58GF Score

Get the complete analysis for ASX:VSL

Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$4.70
Price
A$6.17
GF Value