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Aecon GroupFRA:2AE -3.41%67 Forward PE Ratio is 34.85 as of Jul. 19, 2026. GuruFocus rates FRA:2AE with a GF Score™ of 67/100 and a GF Value™ of €15.99 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 641 Construction companies, Aecon Group ranks worse than 91.11% on this metric.
Aecon Group's Forward PE Ratio for today is 34.85.
Aecon Group (FRA:2AE) 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 .
Aecon Group Forward PE Ratio Related Terms
Aecon Group Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Aecon Group'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.
Aecon Group Forward PE Ratio Chart
Aecon Group 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
16.37
16.45
18.55
14.71
14.47
15.46
12.09
11.64
14.81
18.01
20.12
Aecon Group Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
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
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
16.37
15.08
20.16
15.15
16.45
18.28
20.00
16.78
18.55
21.74
19.08
14.95
14.71
16.39
16.53
14.14
14.47
9.63
25.91
11.98
15.46
17.70
19.49
14.43
12.09
14.39
14.10
10.70
11.64
14.35
14.10
10.28
14.81
21.28
18.21
14.84
18.01
14.98
37.31
14.62
20.12
26.50
FRA:2AE vs PWR, FIX, EME: Forward PE Ratio Comparison
For the Engineering & Construction subindustry, Aecon Group'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.
Aecon Group Forward PE Ratio vs Construction Industry
For the Construction industry and Industrials sector, Aecon Group's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Aecon Group'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.
Aecon Group (FRA:2AE) has a Forward PE Ratio of 34.85 as of Jul. 19, 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 Aecon Group and its competitors. According to the industry distribution chart, Aecon Group ranks #584 out of 641 companies in the Construction industry, placing it in the top 91.1%.
Is Aecon Group's Forward PE Ratio too high?
Aecon Group's current Forward PE Ratio is 34.85. The Construction industry median Forward PE Ratio is 13.78. Aecon Group's value of 34.85 is 152.9% above this industry median. Based on the distribution chart, Aecon Group ranks #584 out of 641 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Aecon Group has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aecon Group's Forward PE Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Aecon Group ranks #584 out of 641 companies for Forward PE Ratio. This places Aecon Group in the lower half of its industry. The industry median Forward PE Ratio is 13.78. Aecon Group's value of 34.85 is 152.9% 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 Construction company?
The median Forward PE Ratio among Construction companies is 13.78, based on 641 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. Aecon Group's current Forward PE Ratio of 34.85 is 152.9% 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 Aecon Group and its competitors. For the Construction industry, the median Forward PE Ratio is 13.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aecon Group's current Forward PE Ratio is 34.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aecon Group stock overvalued right now?
Based on GuruFocus' analysis, Aecon Group (FRA:2AE) is currently considered Significantly Overvalued. The stock's GF Value™ is €15.99, compared to a current price of €32.31 — trading 102.1% above its estimated fair value. The current Forward PE Ratio is 34.85 and 152.9% above the Construction industry median of 13.78. Aecon Group'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 Aecon Group (FRA:2AE), the current Forward PE Ratio is 34.85 as of Jul. 19, 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 Aecon Group (FRA:2AE) Overvalued in 2026?
Based on GuruFocus' analysis, Aecon Group stock appears to be overvalued.
The current stock price of €32.31 is trading 102.1% above its estimated GF Value™ of €15.99.
GuruFocus considers Aecon Group to be Significantly Overvalued.
Key valuation signals for FRA:2AE:
Forward PE Ratio: 34.85
GF Value™: €15.99 vs. price of €32.31 (102.1% above fair value)
Industry Position: 152.9% above the Construction median (#584 of 641)
No single metric tells the full story. See the FRA:2AE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aecon Group Inc is a Canada-based company that operates in two segments: Construction and Concessions. The Construction segment includes various aspects of the construction of public and private infrastructure projects. Its concessions segment is engaged in the development, financing, construction, and operation of construction projects. The company generates the maximum revenue from the Construction segment.
67GF Score
Get the complete analysis for FRA:2AE
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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