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Canadian Tire (OTCPK:CDNAF) 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 .
Canadian Tire Forward PE Ratio Related Terms
Canadian Tire Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Canadian Tire'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.
Canadian Tire Forward PE Ratio Chart
Canadian Tire 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
13.64
14.06
14.12
10.74
10.00
12.39
10.74
8.58
9.70
10.97
11.60
Canadian Tire 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
2020-03
2020-06
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
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
13.64
14.04
15.22
13.44
14.06
15.72
14.37
13.55
14.12
14.04
14.56
12.03
10.74
11.19
11.09
10.49
10.00
6.35
15.22
9.93
12.39
12.89
12.27
11.29
10.74
10.47
8.61
7.73
8.58
10.17
11.33
8.87
9.70
12.11
11.36
11.72
10.97
11.64
14.43
12.10
11.60
12.37
CDNAF vs CASY, WSM, DKS: Forward PE Ratio Comparison
For the Specialty Retail subindustry, Canadian Tire'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.
Canadian Tire Forward PE Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Canadian Tire's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Canadian Tire'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.
Canadian Tire (CDNAF) has a Forward PE Ratio of 13.16 as of Jul. 14, 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 Canadian Tire and its competitors. According to the industry distribution chart, Canadian Tire ranks #217 out of 505 companies in the Retail - Cyclical industry, placing it in the top 43%.
Is Canadian Tire's Forward PE Ratio too high?
Canadian Tire's current Forward PE Ratio is 13.16. The Retail - Cyclical industry median Forward PE Ratio is 15.19. Canadian Tire's value of 13.16 is 13.4% below this industry median. Based on the distribution chart, Canadian Tire ranks #217 out of 505 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Canadian Tire has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canadian Tire's Forward PE Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Canadian Tire ranks #217 out of 505 companies for Forward PE Ratio. This puts Canadian Tire in the upper half of its industry. The industry median Forward PE Ratio is 15.19. Canadian Tire's value of 13.16 is 13.4% 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 Retail - Cyclical company?
The median Forward PE Ratio among Retail - Cyclical companies is 15.19, based on 505 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. Canadian Tire's current Forward PE Ratio of 13.16 is 13.4% 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 Canadian Tire and its competitors. For the Retail - Cyclical industry, the median Forward PE Ratio is 15.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Tire's current Forward PE Ratio is 13.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Tire stock overvalued right now?
Based on GuruFocus' analysis, Canadian Tire (CDNAF) is currently considered Modestly Overvalued. The stock's GF Value™ is $119.41, compared to a current price of $136.01 — trading 13.9% above its estimated fair value. The current Forward PE Ratio is 13.16 and 13.4% below the Retail - Cyclical industry median of 15.19. Canadian Tire's overall GF Score™ is 74/100 with 7 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 Canadian Tire (CDNAF), the current Forward PE Ratio is 13.16 as of Jul. 14, 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 Canadian Tire (CDNAF) Overvalued in 2026?
Based on GuruFocus' analysis, Canadian Tire stock appears to be overvalued.
The current stock price of $136.01 is trading 13.9% above its estimated GF Value™ of $119.41.
GuruFocus considers Canadian Tire to be Modestly Overvalued.
Key valuation signals for CDNAF:
Forward PE Ratio: 13.16
GF Value™: $119.41 vs. price of $136.01 (13.9% above fair value)
Industry Position: 13.4% below the Retail - Cyclical median (#217 of 505)
No single metric tells the full story. See the CDNAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canadian Tire is a leading general merchandise retailer with over 1,400 affiliated stores across Canada. The company operates about 650 stores, with the remaining operated by franchisees or third-party dealers. The retailer boasts a wide array of owned and affiliated banners that include its iconic namesake brand, Mark's, Sport Chek, Sports Experts, PartSource, and Party City. Its product assortment includes automotive parts, appliances, home improvement items, sporting goods, and apparel. The firm also offers a loyalty program with 12 million members and owns a financial services arm that manages a credit card portfolio for its more than 2 million active users.
74GF Score
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Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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