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Armstrong World Industries (FRA:91A) 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 .
Armstrong World Industries Forward PE Ratio Related Terms
Armstrong World Industries 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.
Armstrong World Industries Forward PE Ratio Chart
Armstrong World Industries 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
16.95
16.58
18.87
13.40
19.23
19.80
21.51
12.87
17.99
21.42
21.92
Armstrong World Industries 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
2026-06
Forward PE Ratio
16.95
14.37
17.51
15.85
16.58
17.21
16.72
16.72
18.87
17.64
16.98
15.95
13.40
17.61
22.57
19.57
19.23
15.43
18.28
16.84
19.80
23.36
27.55
20.08
21.51
17.42
14.56
13.79
12.87
14.31
15.08
13.16
17.99
21.79
19.57
19.53
21.42
19.84
22.07
23.06
21.92
20.42
19.55
FRA:91A vs FBIN, BLDR, AAON: Forward PE Ratio Comparison
For the Building Products & Equipment subindustry, Armstrong World Industries'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.
Armstrong World Industries Forward PE Ratio vs Construction Industry
For the Construction industry and Industrials sector, Armstrong World Industries's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Armstrong World Industries's Forward PE Ratio falls into.
Armstrong World Industries 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.
Armstrong World Industries (FRA:91A) has a Forward PE Ratio of 21.79 as of Aug. 10, 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 Armstrong World Industries and its competitors. According to the industry distribution chart, Armstrong World Industries ranks #488 out of 645 companies in the Construction industry, placing it in the top 75.7%.
Is Armstrong World Industries' Forward PE Ratio too high?
Armstrong World Industries' current Forward PE Ratio is 21.79. The Construction industry median Forward PE Ratio is 13.69. Armstrong World Industries' value of 21.79 is 59.2% above this industry median. Based on the distribution chart, Armstrong World Industries ranks #488 out of 645 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Armstrong World Industries has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Armstrong World Industries' Forward PE Ratio compare to FBIN and BLDR?
According to the Construction industry distribution chart, Armstrong World Industries ranks #488 out of 645 companies for Forward PE Ratio. This places Armstrong World Industries in the lower half of its industry. The industry median Forward PE Ratio is 13.69. Armstrong World Industries' value of 21.79 is 59.2% 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 a Construction company?
The median Forward PE Ratio among Construction companies is 13.69, based on 645 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. Armstrong World Industries's current Forward PE Ratio of 21.79 is 59.2% 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 Armstrong World Industries and its competitors. For the Construction industry, the median Forward PE Ratio is 13.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Armstrong World Industries's current Forward PE Ratio is 21.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Armstrong World Industries stock overvalued right now?
Armstrong World Industries (FRA:91A) has a current Forward PE Ratio of 21.79. The stock's GF Value™ is €148.83, compared to a current price of €159.00 — trading 6.8% above its estimated fair value. The current Forward PE Ratio is 21.79 and 59.2% above the Construction industry median of 13.69. Armstrong World Industries' overall GF Score™ is 71/100 with 1 warning sign 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 Armstrong World Industries (FRA:91A), the current Forward PE Ratio is 21.79 as of Aug. 10, 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 Armstrong World Industries (FRA:91A) Overvalued in 2026?
Based on GuruFocus' analysis, Armstrong World Industries stock appears to be overvalued.
The current stock price of €159.00 is trading 6.8% above its estimated GF Value™ of €148.83.
Key valuation signals for FRA:91A:
Forward PE Ratio: 21.79
GF Value™: €148.83 vs. price of €159.00 (6.8% above fair value)
Industry Position: 59.2% above the Construction median (#488 of 645)
No single metric tells the full story. See the FRA:91A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Armstrong World Industries Inc designs and manufactures exterior architectural applications, including ceilings, specialty walls, and exterior metal solutions, using materials such as mineral fiber, fiberglass, metal, felt, architectural resin and glass, wood, wood fiber, and glass-reinforced-gypsum. Its segments include Mineral Fiber, which produces suspended mineral fiber and fiberglass ceiling systems and includes results from the Worthington Armstrong Venture (WAVE) for ceiling suspension system (grid) products; Architectural Specialties, which designs, produces, and sources specialty ceilings, walls, and other architectural applications for commercial settings, with revenues mainly project driven; and Unallocated Corporate. The company operates in the United States and Canada.
71GF Score
Get the complete analysis for FRA:91A
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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