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Vestas Wind Systems AS (CHIX:VWSc) 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 .
Vestas Wind Systems AS Forward PE Ratio Related Terms
Vestas Wind Systems AS Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Vestas Wind Systems AS'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.
Vestas Wind Systems AS Forward PE Ratio Chart
Vestas Wind Systems AS Annual Data
Trend
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
21.10
40.32
47.39
88.50
38.17
14.37
21.17
Vestas Wind Systems AS Quarterly Data
2019-09
2019-12
2020-03
2020-06
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
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
17.89
21.10
19.53
24.51
27.40
40.32
34.72
33.90
35.34
47.39
114.94
43.86
88.50
158.73
227.27
24.81
38.17
43.67
40.65
17.76
14.37
17.92
18.77
14.98
21.17
21.20
CHIX:VWSC vs GEV, ETN, PH: Forward PE Ratio Comparison
For the Specialty Industrial Machinery subindustry, Vestas Wind Systems AS'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.
Vestas Wind Systems AS Forward PE Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Vestas Wind Systems AS's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Vestas Wind Systems AS's Forward PE Ratio falls into.
Vestas Wind Systems AS 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.
Vestas Wind Systems AS (CHIX:VWSC) has a Forward PE Ratio of 20.95 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 Vestas Wind Systems AS and its competitors. According to the industry distribution chart, Vestas Wind Systems AS ranks #707 out of 1286 companies in the Industrial Products industry, placing it in the top 55%.
Is Vestas Wind Systems AS's Forward PE Ratio too high?
Vestas Wind Systems AS's current Forward PE Ratio is 20.95. The Industrial Products industry median Forward PE Ratio is 18.87. Vestas Wind Systems AS's value of 20.95 is 11.1% above this industry median. Based on the distribution chart, Vestas Wind Systems AS ranks #707 out of 1286 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Vestas Wind Systems AS has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vestas Wind Systems AS's Forward PE Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Vestas Wind Systems AS ranks #707 out of 1286 companies for Forward PE Ratio. This places Vestas Wind Systems AS in the lower half of its industry. The industry median Forward PE Ratio is 18.87. Vestas Wind Systems AS's value of 20.95 is 11.1% 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 Industrial Products company?
The median Forward PE Ratio among Industrial Products companies is 18.87, based on 1,286 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. Vestas Wind Systems AS's current Forward PE Ratio of 20.95 is 11.1% 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 Vestas Wind Systems AS and its competitors. For the Industrial Products industry, the median Forward PE Ratio is 18.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vestas Wind Systems AS's current Forward PE Ratio is 20.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vestas Wind Systems AS stock overvalued right now?
Based on GuruFocus' analysis, Vestas Wind Systems AS (CHIX:VWSC) is currently considered Fairly Valued. The stock's GF Value™ is kr196.50, compared to a current price of kr179.98 — trading 8.4% below its estimated fair value. The current Forward PE Ratio is 20.95 and 11.1% above the Industrial Products industry median of 18.87. Vestas Wind Systems AS's overall GF Score™ is 81/100 with 4 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 Vestas Wind Systems AS (CHIX:VWSC), the current Forward PE Ratio is 20.95 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 Vestas Wind Systems AS (CHIX:VWSC) Overvalued in 2026?
Based on GuruFocus' analysis, Vestas Wind Systems AS stock appears to be undervalued.
The current stock price of kr179.98 is trading 8.4% below its estimated GF Value™ of kr196.50.
GuruFocus considers Vestas Wind Systems AS to be Fairly Valued.
Key valuation signals for CHIX:VWSC:
Forward PE Ratio: 20.95
GF Value™: kr196.50 vs. price of kr179.98 (8.4% below fair value)
Industry Position: 11.1% above the Industrial Products median (#707 of 1286)
No single metric tells the full story. See the CHIX:VWSC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vestas is a leading manufacturer of wind turbines with the highest installed capacity under service in the world. The firm operates two business segments: power solutions and services. The power solutions segment designs, manufactures, and installs onshore and offshore wind turbines. The services segment performs operating and maintenance service work on wind turbines.
81GF Score
Get the complete analysis for CHIX:VWSC
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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