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Woodside Energy Group (ASX:WDS) 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 .
Woodside Energy Group Forward PE Ratio Related Terms
Woodside Energy Group Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Woodside Energy Group'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.
Woodside Energy Group Forward PE Ratio Chart
Woodside Energy Group Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
20.24
19.84
22.68
11.38
18.38
23.47
8.77
10.14
12.56
13.63
19.59
Woodside Energy Group 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
2023-12
2024-06
2024-12
2025-06
2025-12
Forward PE Ratio
20.24
28.33
19.84
16.98
22.68
15.22
11.38
15.63
18.38
25.91
23.47
13.00
8.77
5.88
10.14
8.58
12.56
12.67
13.63
15.92
19.59
ASX:WDS vs COP, EOG, FANG: Forward PE Ratio Comparison
For the Oil & Gas E&P subindustry, Woodside Energy Group'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.
Woodside Energy Group Forward PE Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Woodside Energy Group's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Woodside Energy Group's Forward PE Ratio falls into.
Woodside Energy Group 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.
Woodside Energy Group (ASX:WDS) has a Forward PE Ratio of 11.39 as of Jul. 17, 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 Woodside Energy Group and its competitors. According to the industry distribution chart, Woodside Energy Group ranks #287 out of 543 companies in the Oil & Gas industry, placing it in the top 52.9%.
Is Woodside Energy Group's Forward PE Ratio too high?
Woodside Energy Group's current Forward PE Ratio is 11.39. The Oil & Gas industry median Forward PE Ratio is 10.74. Woodside Energy Group's value of 11.39 is 6.1% above this industry median. Based on the distribution chart, Woodside Energy Group ranks #287 out of 543 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Woodside Energy Group has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Woodside Energy Group's Forward PE Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Woodside Energy Group ranks #287 out of 543 companies for Forward PE Ratio. This places Woodside Energy Group in the lower half of its industry. The industry median Forward PE Ratio is 10.74. Woodside Energy Group's value of 11.39 is 6.1% 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 Oil & Gas company?
The median Forward PE Ratio among Oil & Gas companies is 10.74, based on 543 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. Woodside Energy Group's current Forward PE Ratio of 11.39 is 6.1% 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 Woodside Energy Group and its competitors. For the Oil & Gas industry, the median Forward PE Ratio is 10.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Woodside Energy Group's current Forward PE Ratio is 11.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Woodside Energy Group stock overvalued right now?
Based on GuruFocus' analysis, Woodside Energy Group (ASX:WDS) is currently considered Modestly Overvalued. The stock's GF Value™ is A$24.48, compared to a current price of A$29.49 — trading 20.5% above its estimated fair value. The current Forward PE Ratio is 11.39 and 6.1% above the Oil & Gas industry median of 10.74. Woodside Energy Group's overall GF Score™ is 63/100 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 Woodside Energy Group (ASX:WDS), the current Forward PE Ratio is 11.39 as of Jul. 17, 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 Woodside Energy Group (ASX:WDS) Overvalued in 2026?
Based on GuruFocus' analysis, Woodside Energy Group stock appears to be overvalued.
The current stock price of A$29.49 is trading 20.5% above its estimated GF Value™ of A$24.48.
GuruFocus considers Woodside Energy Group to be Modestly Overvalued.
Key valuation signals for ASX:WDS:
Forward PE Ratio: 11.39
GF Value™: A$24.48 vs. price of A$29.49 (20.5% above fair value)
Industry Position: 6.1% above the Oil & Gas median (#287 of 543)
No single metric tells the full story. See the ASX:WDS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Incorporated in 1954 and named after the small Victorian town of Woodside, Woodside's early exploration focus moved from Victoria's Gippsland Basin to Western Australia's Carnarvon Basin. First LNG production from the North West Shelf came in 1984. BHP Billiton and Shell each had 40% shareholdings before BHP sold out in 1994 and Shell sold down to 34%. In 2017 Shell sold its entire shareholding. Woodside is one of the most LNG-leveraged companies globally.
63GF Score
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