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Espey Manufacturing & Electronics (AMEX:ESP) 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 .
Espey Manufacturing & Electronics Forward PE Ratio Related Terms
Espey Manufacturing & Electronics 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.
Espey Manufacturing & Electronics Forward PE Ratio Chart
Espey Manufacturing & Electronics Annual Data
Trend
Forward PE Ratio
Espey Manufacturing & Electronics Quarterly Data
2025-12
2026-03
Forward PE Ratio
14.49
15.49
ESP vs SKYX, EAF, UTKN: Forward PE Ratio Comparison
For the Electrical Equipment & Parts subindustry, Espey Manufacturing & Electronics'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.
Espey Manufacturing & Electronics Forward PE Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Espey Manufacturing & Electronics's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Espey Manufacturing & Electronics's Forward PE Ratio falls into.
Espey Manufacturing & Electronics 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.
Espey Manufacturing & Electronics (ESP) has a Forward PE Ratio of 16.52 as of Aug. 05, 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 Espey Manufacturing & Electronics and its competitors. According to the industry distribution chart, Espey Manufacturing & Electronics ranks #499 out of 1294 companies in the Industrial Products industry, placing it in the top 38.6%.
Is Espey Manufacturing & Electronics' Forward PE Ratio too high?
Espey Manufacturing & Electronics' current Forward PE Ratio is 16.52. The Industrial Products industry median Forward PE Ratio is 19.51. Espey Manufacturing & Electronics' value of 16.52 is 15.3% below this industry median. Based on the distribution chart, Espey Manufacturing & Electronics ranks #499 out of 1294 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Espey Manufacturing & Electronics has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Espey Manufacturing & Electronics' Forward PE Ratio compare to SKYX and EAF?
According to the Industrial Products industry distribution chart, Espey Manufacturing & Electronics ranks #499 out of 1294 companies for Forward PE Ratio. This puts Espey Manufacturing & Electronics in the upper half of its industry. The industry median Forward PE Ratio is 19.51. Espey Manufacturing & Electronics' value of 16.52 is 15.3% 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 Industrial Products company?
The median Forward PE Ratio among Industrial Products companies is 19.51, based on 1,294 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. Espey Manufacturing & Electronics's current Forward PE Ratio of 16.52 is 15.3% 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 Espey Manufacturing & Electronics and its competitors. For the Industrial Products industry, the median Forward PE Ratio is 19.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Espey Manufacturing & Electronics's current Forward PE Ratio is 16.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Espey Manufacturing & Electronics stock overvalued right now?
Based on GuruFocus' analysis, Espey Manufacturing & Electronics (ESP) is currently considered Significantly Overvalued. The stock's GF Value™ is $28.44, compared to a current price of $61.39 — trading 115.9% above its estimated fair value. The current Forward PE Ratio is 16.52 and 15.3% below the Industrial Products industry median of 19.51. Espey Manufacturing & Electronics' overall GF Score™ is 76/100 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 Espey Manufacturing & Electronics (ESP), the current Forward PE Ratio is 16.52 as of Aug. 05, 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 Espey Manufacturing & Electronics (ESP) Overvalued in 2026?
Based on GuruFocus' analysis, Espey Manufacturing & Electronics stock appears to be overvalued.
The current stock price of $61.39 is trading 115.9% above its estimated GF Value™ of $28.44.
GuruFocus considers Espey Manufacturing & Electronics to be Significantly Overvalued.
Key valuation signals for ESP:
Forward PE Ratio: 16.52
GF Value™: $28.44 vs. price of $61.39 (115.9% above fair value)
Industry Position: 15.3% below the Industrial Products median (#499 of 1294)
No single metric tells the full story. See the ESP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Espey Manufacturing & Electronics Corp is a power electronics design and OEM manufacturing company delivering products for military and severe environment applications. Its products include power supplies, power converters, filters, power transformers, magnetic components, power distribution equipment, UPS systems, and antennas. The applications of these products include AC and DC locomotives, shipboard power, shipboard radar, airborne power, ground-based radar, and ground mobile power. Espey services include design and development to specification, build to specifications provided by the customer, build to print, design services, design studies, environmental testing services, metal fabrication, painting services, and development of automatic testing equipment.
76GF Score
Get the complete analysis for ESP
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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