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Cellnex Telecom (OTCPK:CLNXF) 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 .
Cellnex Telecom Forward PE Ratio Related Terms
Cellnex Telecom Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Cellnex Telecom'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.
Cellnex Telecom Forward PE Ratio Chart
Cellnex Telecom Annual Data
Trend
2017-12
2018-12
2019-12
2020-12
2021-12
2025-12
Forward PE Ratio
54.64
62.89
135.14
125.00
185.19
175.27
Cellnex Telecom Quarterly Data
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
2025-09
2025-12
2026-03
Forward PE Ratio
55.87
48.78
54.64
58.48
60.61
52.36
62.89
74.63
147.06
151.52
135.14
98.04
181.82
158.73
125.00
322.58
243.90
222.22
185.19
270.16
175.27
291.81
CLNXF vs CBRE, BEKE, JLL: Forward PE Ratio Comparison
For the Real Estate Services subindustry, Cellnex Telecom'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.
Cellnex Telecom Forward PE Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Cellnex Telecom's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Cellnex Telecom'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.
Cellnex Telecom (CLNXF) has a Forward PE Ratio of 1348.68 as of Jul. 23, 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 Cellnex Telecom and its competitors. According to the industry distribution chart, Cellnex Telecom ranks #541 out of 542 companies in the Real Estate industry, placing it in the top 99.8%.
Is Cellnex Telecom's Forward PE Ratio too high?
Cellnex Telecom's current Forward PE Ratio is 1348.68. The Real Estate industry median Forward PE Ratio is 11.66. Cellnex Telecom's value of 1348.68 is 11466.7% above this industry median. Based on the distribution chart, Cellnex Telecom ranks #541 out of 542 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Cellnex Telecom has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cellnex Telecom's Forward PE Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Cellnex Telecom ranks #541 out of 542 companies for Forward PE Ratio. This places Cellnex Telecom in the lower half of its industry. The industry median Forward PE Ratio is 11.66. Cellnex Telecom's value of 1348.68 is 11466.7% 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 Real Estate company?
The median Forward PE Ratio among Real Estate companies is 11.66, based on 542 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. Cellnex Telecom's current Forward PE Ratio of 1348.68 is 11466.7% 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 Cellnex Telecom and its competitors. For the Real Estate industry, the median Forward PE Ratio is 11.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cellnex Telecom's current Forward PE Ratio is 1348.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cellnex Telecom stock overvalued right now?
Based on GuruFocus' analysis, Cellnex Telecom (CLNXF) is currently considered Modestly Undervalued. The stock's GF Value™ is $35.05, compared to a current price of $28.32 — trading 19.2% below its estimated fair value. The current Forward PE Ratio is 1348.68 and 11466.7% above the Real Estate industry median of 11.66. Cellnex Telecom's overall GF Score™ is 79/100 with 6 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 Cellnex Telecom (CLNXF), the current Forward PE Ratio is 1348.68 as of Jul. 23, 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 Cellnex Telecom (CLNXF) Overvalued in 2026?
Based on GuruFocus' analysis, Cellnex Telecom stock appears to be undervalued.
The current stock price of $28.32 is trading 19.2% below its estimated GF Value™ of $35.05.
GuruFocus considers Cellnex Telecom to be Modestly Undervalued.
Key valuation signals for CLNXF:
Forward PE Ratio: 1348.68
GF Value™: $35.05 vs. price of $28.32 (19.2% below fair value)
Industry Position: 11466.7% above the Real Estate median (#541 of 542)
No single metric tells the full story. See the CLNXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cellnex owns and operates more than 100,000 wireless towers in Europe, the result of continued merger and acquisition activity since its initial public offering in 2015. It has acquired towers from several European mobile network operators, including Telefonica, Iliad, CK Hutchison, Bouygues, and Altice. Cellnex is present in France, Italy, Spain, Poland, and the United Kingdom, among others.
79GF 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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