Custom Truck One Source (NYSE:CTOS) 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 .
Custom Truck One Source Forward PE Ratio Related Terms
Custom Truck One Source Forward PE Ratio Historical Data
* 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.
Custom Truck One Source Forward PE Ratio Chart
Custom Truck One Source Annual Data
Trend
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
38.02
25.51
15.46
379.23
124.38
Custom Truck One Source Quarterly Data
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
2025-09
2025-12
2026-03
Forward PE Ratio
41.15
38.02
42.19
35.84
18.80
25.51
23.42
21.74
15.50
15.46
16.64
27.17
357.14
379.23
75.37
124.38
143.56
CTOS vs MGRC, VSTS, PRG: Forward PE Ratio Comparison
For the Rental & Leasing Services subindustry, Custom Truck One Source'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.
Custom Truck One Source Forward PE Ratio vs Business Services Industry
For the Business Services industry and Industrials sector, Custom Truck One Source's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Custom Truck One Source's Forward PE Ratio falls into.
Custom Truck One Source 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.
Custom Truck One Source (CTOS) has a Forward PE Ratio of 101.81 as of Jul. 01, 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 Custom Truck One Source and its competitors. According to the industry distribution chart, Custom Truck One Source ranks #411 out of 417 companies in the Business Services industry, placing it in the top 98.6%.
Is Custom Truck One Source's Forward PE Ratio too high?
Custom Truck One Source's current Forward PE Ratio is 101.81. The Business Services industry median Forward PE Ratio is 12.42. Custom Truck One Source's value of 101.81 is 719.7% above this industry median. Based on the distribution chart, Custom Truck One Source ranks #411 out of 417 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Custom Truck One Source has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Custom Truck One Source's Forward PE Ratio compare to MGRC and VSTS?
According to the Business Services industry distribution chart, Custom Truck One Source ranks #411 out of 417 companies for Forward PE Ratio. This places Custom Truck One Source in the lower half of its industry. The industry median Forward PE Ratio is 12.42. Custom Truck One Source's value of 101.81 is 719.7% 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 Business Services company?
The median Forward PE Ratio among Business Services companies is 12.42, based on 417 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. Custom Truck One Source's current Forward PE Ratio of 101.81 is 719.7% 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 Custom Truck One Source and its competitors. For the Business Services industry, the median Forward PE Ratio is 12.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Custom Truck One Source's current Forward PE Ratio is 101.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Custom Truck One Source stock overvalued right now?
Based on GuruFocus' analysis, Custom Truck One Source (CTOS) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.39, compared to a current price of $11.81 — trading 84.8% above its estimated fair value. The current Forward PE Ratio is 101.81 and 719.7% above the Business Services industry median of 12.42. Custom Truck One Source's overall GF Score™ is 67/100 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 Custom Truck One Source (CTOS), the current Forward PE Ratio is 101.81 as of Jul. 01, 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 Custom Truck One Source (CTOS) Overvalued in 2026?
Based on GuruFocus' analysis, Custom Truck One Source stock appears to be overvalued.
The current stock price of $11.81 is trading 84.8% above its estimated GF Value™ of $6.39.
GuruFocus considers Custom Truck One Source to be Significantly Overvalued.
Key valuation signals for CTOS:
Forward PE Ratio: 101.81
GF Value™: $6.39 vs. price of $11.81 (84.8% above fair value)
Industry Position: 719.7% above the Business Services median (#411 of 417)
No single metric tells the full story. See the CTOS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Custom Truck One Source Inc is a one-stop-shop provider of specialty equipment in the electric utility transmission and distribution, forestry, telecom, waste management, rail, and infrastructure end-markets in North America. The company's segment includes Equipment Rental Solutions (ERS), Truck and Equipment Sales (TES), and Aftermarket Parts and Services (APS). It generates maximum revenue from the TES segment. Geographically, it derives a majority revenue from the United States.
67GF Score
Get the complete analysis for CTOS
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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