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Ranger Energy Services (FRA:97L) 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 .
Ranger Energy Services Forward PE Ratio Related Terms
Ranger Energy Services Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Ranger Energy Services'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.
Ranger Energy Services Forward PE Ratio Chart
Ranger Energy Services Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
15.24
10.56
Ranger Energy Services Quarterly Data
2021-09
2022-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
204.08
12.20
15.24
14.32
14.98
13.82
10.56
14.23
FRA:97L vs OIS, CLB, EROK: Forward PE Ratio Comparison
For the Oil & Gas Equipment & Services subindustry, Ranger Energy Services'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.
Ranger Energy Services Forward PE Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ranger Energy Services's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Ranger Energy Services's Forward PE Ratio falls into.
Ranger Energy Services 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.
Ranger Energy Services (FRA:97L) has a Forward PE Ratio of 14.60 as of Jul. 26, 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 Ranger Energy Services and its competitors. According to the industry distribution chart, Ranger Energy Services ranks #334 out of 543 companies in the Oil & Gas industry, placing it in the top 61.5%.
Is Ranger Energy Services' Forward PE Ratio too high?
Ranger Energy Services' current Forward PE Ratio is 14.60. The Oil & Gas industry median Forward PE Ratio is 11.28. Ranger Energy Services' value of 14.60 is 29.4% above this industry median. Based on the distribution chart, Ranger Energy Services ranks #334 out of 543 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Ranger Energy Services has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ranger Energy Services' Forward PE Ratio compare to OIS and CLB?
According to the Oil & Gas industry distribution chart, Ranger Energy Services ranks #334 out of 543 companies for Forward PE Ratio. This places Ranger Energy Services in the lower half of its industry. The industry median Forward PE Ratio is 11.28. Ranger Energy Services' value of 14.60 is 29.4% 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 Oil & Gas company?
The median Forward PE Ratio among Oil & Gas companies is 11.28, based on 543 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. Ranger Energy Services's current Forward PE Ratio of 14.60 is 29.4% 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 Ranger Energy Services and its competitors. For the Oil & Gas industry, the median Forward PE Ratio is 11.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ranger Energy Services's current Forward PE Ratio is 14.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ranger Energy Services stock overvalued right now?
Based on GuruFocus' analysis, Ranger Energy Services (FRA:97L) is currently considered Modestly Overvalued. The stock's GF Value™ is €11.17, compared to a current price of €13.80 — trading 23.5% above its estimated fair value. The current Forward PE Ratio is 14.60 and 29.4% above the Oil & Gas industry median of 11.28. Ranger Energy Services' overall GF Score™ is 75/100 with 4 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 Ranger Energy Services (FRA:97L), the current Forward PE Ratio is 14.60 as of Jul. 26, 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 Ranger Energy Services (FRA:97L) Overvalued in 2026?
Based on GuruFocus' analysis, Ranger Energy Services stock appears to be overvalued.
The current stock price of €13.80 is trading 23.5% above its estimated GF Value™ of €11.17.
GuruFocus considers Ranger Energy Services to be Modestly Overvalued.
Key valuation signals for FRA:97L:
Forward PE Ratio: 14.60
GF Value™: €11.17 vs. price of €13.80 (23.5% above fair value)
Industry Position: 29.4% above the Oil & Gas median (#334 of 543)
No single metric tells the full story. See the FRA:97L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ranger Energy Services Inc offers high specification mobile rig well services, cased hole wireline services, and ancillary services in the U.S. oil and gas industry. Its services facilitate operations throughout the lifecycle of a well, including the completion, production, maintenance, intervention, workover, and abandonment phases. The company's reportable segments are: High Specification Rigs, Wireline Services, Processing Solutions and Ancillary Services. Maximum revenue is generated from the High Specification Rigs segment, which offers high specification well service rigs and complementary equipment and services to facilitate operations throughout the lifecycle of a well. The high specification rig services consist of well completion support, workovers, and well maintenance services.
75GF Score
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Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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