Axos Financial (NYSE:AX) 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 .
Axos Financial Forward PE Ratio Related Terms
Axos Financial Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Axos Financial'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.
Axos Financial Forward PE Ratio Chart
Axos Financial Annual Data
Trend
2016-06
2017-06
2018-06
2019-06
2021-06
2022-06
2023-06
2024-06
2025-06
Forward PE Ratio
7.71
9.80
12.84
8.49
13.18
8.00
6.99
7.49
10.09
Axos Financial Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2017-09
2017-12
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
2019-09
2019-12
2021-03
2021-06
2021-09
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
11.81
10.20
7.71
10.47
13.37
10.63
9.80
11.70
12.11
12.61
12.84
10.20
8.50
8.40
8.49
8.66
10.27
13.46
13.18
11.83
10.28
8.00
6.77
7.56
6.71
6.99
6.34
9.46
7.25
7.49
8.73
10.09
8.50
10.09
10.89
10.76
8.60
AX vs OZK, HOMB, FFIN: Forward PE Ratio Comparison
For the Banks - Regional subindustry, Axos Financial'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.
Axos Financial Forward PE Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Axos Financial's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Axos Financial'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.
Axos Financial (AX) has a Forward PE Ratio of 10.00 as of Jun. 30, 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 Axos Financial and its competitors. According to the industry distribution chart, Axos Financial ranks #315 out of 817 companies in the Banks industry, placing it in the top 38.6%.
Is Axos Financial's Forward PE Ratio too high?
Axos Financial's current Forward PE Ratio is 10.00. The Banks industry median Forward PE Ratio is 10.99. Axos Financial's value of 10.00 is 9% below this industry median. Based on the distribution chart, Axos Financial ranks #315 out of 817 companies in the Banks industry, which is above the industry midpoint. Overall, Axos Financial has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Axos Financial's Forward PE Ratio compare to OZK and HOMB?
According to the Banks industry distribution chart, Axos Financial ranks #315 out of 817 companies for Forward PE Ratio. This puts Axos Financial in the upper half of its industry. The industry median Forward PE Ratio is 10.99. Axos Financial's value of 10.00 is 9% below 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 Banks company?
The median Forward PE Ratio among Banks companies is 10.99, based on 817 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. Axos Financial's current Forward PE Ratio of 10.00 is 9% below 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 Axos Financial and its competitors. For the Banks industry, the median Forward PE Ratio is 10.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axos Financial's current Forward PE Ratio is 10.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axos Financial stock overvalued right now?
Based on GuruFocus' analysis, Axos Financial (AX) is currently considered Fairly Valued. The stock's GF Value™ is $87.75, compared to a current price of $96.93 — trading 10.5% above its estimated fair value. The current Forward PE Ratio is 10.00 and 9% below the Banks industry median of 10.99. Axos Financial's overall GF Score™ is 85/100 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 Axos Financial (AX), the current Forward PE Ratio is 10.00 as of Jun. 30, 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 Axos Financial (AX) Overvalued in 2026?
Based on GuruFocus' analysis, Axos Financial stock appears to be overvalued.
The current stock price of $96.93 is trading 10.5% above its estimated GF Value™ of $87.75.
GuruFocus considers Axos Financial to be Fairly Valued.
Key valuation signals for AX:
Forward PE Ratio: 10.00
GF Value™: $87.75 vs. price of $96.93 (10.5% above fair value)
Industry Position: 9% below the Banks median (#315 of 817)
No single metric tells the full story. See the AX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Axos Financial Inc is a bank holding company that operates through its bank subsidiary, BofI Federal Bank, a nationwide bank that provides financing for single and multifamily residential properties, small to medium-size businesses in certain sectors, and selected specialty finance receivables. Its operating segments are banking business segment and securities business segment. The bank distributed its products through a wide range of retail distribution channels, including only banking brands, affinity groups, and sales teams, among others. The majority of the bank's mortgage exposure is titled toward the state of California, particularly its southern region. Net interest income is a majority of the bank's revenue.
85GF Score
Get the complete analysis for AX
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
AX has been successfully added to your 