CMB.Tech NV (NYSE:CMBT) 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 .
CMB.Tech NV Forward PE Ratio Related Terms
CMB.Tech NV Forward PE Ratio Historical Data
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The historical data trend for CMB.Tech NV'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.
CMB.Tech NV Forward PE Ratio Chart
CMB.Tech NV 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
7.69
8.33
24.69
156.25
8.12
84.03
89.29
20.28
5.73
5.29
8.33
CMB.Tech NV Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2017-09
2017-12
2018-03
2018-12
2019-03
2019-06
2019-09
2019-12
2020-03
2020-06
2020-09
2020-12
2021-03
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
7.69
5.46
5.64
6.58
8.33
65.79
68.49
10.73
24.69
104.17
156.25
34.72
67.57
15.48
8.12
10.34
3.05
7.10
84.03
31.85
35.46
89.29
37.17
63.29
17.89
20.28
6.42
6.04
5.35
5.73
5.42
5.39
11.59
5.29
4.83
4.86
6.24
8.33
8.71
CMBT vs WMB, EPD, KMI: Forward PE Ratio Comparison
For the Oil & Gas Midstream subindustry, CMB.Tech NV'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.
CMB.Tech NV Forward PE Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, CMB.Tech NV's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where CMB.Tech NV'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.
CMB.Tech NV (CMBT) has a Forward PE Ratio of 6.51 as of Jul. 09, 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 CMB.Tech NV and its competitors. According to the industry distribution chart, CMB.Tech NV ranks #154 out of 542 companies in the Oil & Gas industry, placing it in the top 28.4%.
Is CMB.Tech NV's Forward PE Ratio too high?
CMB.Tech NV's current Forward PE Ratio is 6.51. The Oil & Gas industry median Forward PE Ratio is 10.88. CMB.Tech NV's value of 6.51 is 40.2% below this industry median. Based on the distribution chart, CMB.Tech NV ranks #154 out of 542 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, CMB.Tech NV has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CMB.Tech NV's Forward PE Ratio compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, CMB.Tech NV ranks #154 out of 542 companies for Forward PE Ratio. This puts CMB.Tech NV in the upper half of its industry. The industry median Forward PE Ratio is 10.88. CMB.Tech NV's value of 6.51 is 40.2% 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 an Oil & Gas company?
The median Forward PE Ratio among Oil & Gas companies is 10.88, 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. CMB.Tech NV's current Forward PE Ratio of 6.51 is 40.2% 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 CMB.Tech NV and its competitors. For the Oil & Gas industry, the median Forward PE Ratio is 10.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CMB.Tech NV's current Forward PE Ratio is 6.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMB.Tech NV stock overvalued right now?
Based on GuruFocus' analysis, CMB.Tech NV (CMBT) is currently considered Modestly Undervalued. The stock's GF Value™ is $18.48, compared to a current price of $15.50 — trading 16.1% below its estimated fair value. The current Forward PE Ratio is 6.51 and 40.2% below the Oil & Gas industry median of 10.88. CMB.Tech NV's overall GF Score™ is 85/100 with 9 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 CMB.Tech NV (CMBT), the current Forward PE Ratio is 6.51 as of Jul. 09, 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 CMB.Tech NV (CMBT) Overvalued in 2026?
Based on GuruFocus' analysis, CMB.Tech NV stock appears to be undervalued.
The current stock price of $15.50 is trading 16.1% below its estimated GF Value™ of $18.48.
GuruFocus considers CMB.Tech NV to be Modestly Undervalued.
Key valuation signals for CMBT:
Forward PE Ratio: 6.51
GF Value™: $18.48 vs. price of $15.50 (16.1% below fair value)
Industry Position: 40.2% below the Oil & Gas median (#154 of 542)
No single metric tells the full story. See the CMBT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CMB.Tech NV owns and operates a fleet of vessels for international maritime shipping and storage of crude oil and petroleum products. It generate a large parts of their revenue from voyage charters, including vessels in pools that predominantly perform voyage charters. The company organizes itself into three divisons: the Marine division, the H2 Infra division and the H2 Industry division. The Marine Division derives maximum revenue which builds, owns, operates and designs a wide range of low and zerocarbon ships and features a fleet with vessels such as Crew Transfer Vessels, ferries, Commissioning Service Operations Vessels, and tugboats, alongside ammonia-powered large bulk carriers, container ships, chemical and crude oil tankers.
85GF Score
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