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Leonardo DRSDRS +0.92%79 Forward PE Ratio is 35.33 as of Jul. 22, 2026. GuruFocus rates DRS with a GF Score™ of 79/100 and a GF Value™ of $35.69 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 205 Aerospace & Defense companies, Leonardo DRS ranks worse than 60.49% on this metric.
Leonardo DRS's Forward PE Ratio for today is 35.33.
Leonardo DRS (NAS:DRS) 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 .
Leonardo DRS Forward PE Ratio Related Terms
Leonardo DRS Forward PE Ratio Historical Data
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The historical data trend for Leonardo DRS'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.
Leonardo DRS Forward PE Ratio Chart
Leonardo DRS Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
30.73
27.25
Leonardo DRS Quarterly Data
2023-03
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
21.60
30.73
30.86
41.90
34.54
27.25
35.76
DRS vs HII, PL, SARO: Forward PE Ratio Comparison
For the Aerospace & Defense subindustry, Leonardo DRS'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.
Leonardo DRS Forward PE Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Leonardo DRS's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Leonardo DRS'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.
Leonardo DRS (DRS) has a Forward PE Ratio of 35.33 as of Jul. 22, 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 Leonardo DRS and its competitors. According to the industry distribution chart, Leonardo DRS ranks #124 out of 205 companies in the Aerospace & Defense industry, placing it in the top 60.5%.
Is Leonardo DRS's Forward PE Ratio too high?
Leonardo DRS's current Forward PE Ratio is 35.33. The Aerospace & Defense industry median Forward PE Ratio is 28.00. Leonardo DRS's value of 35.33 is 26.2% above this industry median. Based on the distribution chart, Leonardo DRS ranks #124 out of 205 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Leonardo DRS has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Leonardo DRS's Forward PE Ratio compare to HII and PL?
According to the Aerospace & Defense industry distribution chart, Leonardo DRS ranks #124 out of 205 companies for Forward PE Ratio. This places Leonardo DRS in the lower half of its industry. The industry median Forward PE Ratio is 28.00. Leonardo DRS's value of 35.33 is 26.2% 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 Aerospace & Defense company?
The median Forward PE Ratio among Aerospace & Defense companies is 28.00, based on 205 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. Leonardo DRS's current Forward PE Ratio of 35.33 is 26.2% 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 Leonardo DRS and its competitors. For the Aerospace & Defense industry, the median Forward PE Ratio is 28.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leonardo DRS's current Forward PE Ratio is 35.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leonardo DRS stock overvalued right now?
Based on GuruFocus' analysis, Leonardo DRS (DRS) is currently considered Modestly Overvalued. The stock's GF Value™ is $35.69, compared to a current price of $45.89 — trading 28.6% above its estimated fair value. The current Forward PE Ratio is 35.33 and 26.2% above the Aerospace & Defense industry median of 28.00. Leonardo DRS's overall GF Score™ is 79/100 with 2 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 Leonardo DRS (DRS), the current Forward PE Ratio is 35.33 as of Jul. 22, 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 Leonardo DRS (DRS) Overvalued in 2026?
Based on GuruFocus' analysis, Leonardo DRS stock appears to be overvalued.
The current stock price of $45.89 is trading 28.6% above its estimated GF Value™ of $35.69.
GuruFocus considers Leonardo DRS to be Modestly Overvalued.
Key valuation signals for DRS:
Forward PE Ratio: 35.33
GF Value™: $35.69 vs. price of $45.89 (28.6% above fair value)
Industry Position: 26.2% above the Aerospace & Defense median (#124 of 205)
No single metric tells the full story. See the DRS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Leonardo DRS Inc is a provider of defense products and technologies that are used across land, air, sea, space, and cyber domains. It is in the design, development, and manufacture of Advanced sensing, network computing, force protection, and electric power and propulsion technologies and solutions. The company has two segments: Advanced Sensing and Computing, which generates the majority of revenue, and the Integrated Mission Systems segment. The Advanced Sensing and Computing segment is engaged in designing, developing, and manufacturing sensing and network computing technology that enables real-time situational awareness required for enhanced operational decision-making and execution by the customers.
79GF Score
Get the complete analysis for DRS
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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