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Helix Energy Solutions Group (FRA:CTV) 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 .
Helix Energy Solutions Group Forward PE Ratio Related Terms
Helix Energy Solutions Group 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.
Helix Energy Solutions Group Forward PE Ratio Chart
Helix Energy Solutions Group Annual Data
Trend
2016-12
2018-12
2019-12
2024-12
2025-12
Forward PE Ratio
212.77
20.08
21.93
12.50
18.12
Helix Energy Solutions Group Quarterly Data
2016-12
2018-03
2018-06
2018-09
2018-12
2019-03
2019-09
2019-12
2020-03
2020-06
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
212.77
37.17
46.51
24.33
20.08
27.10
21.46
21.93
6.55
112.36
12.50
11.01
16.72
14.74
18.12
36.40
FRA:CTV vs RES, VTOL, WBI: Forward PE Ratio Comparison
For the Oil & Gas Equipment & Services subindustry, Helix Energy Solutions 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.
Helix Energy Solutions Group Forward PE Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Helix Energy Solutions Group's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Helix Energy Solutions Group's Forward PE Ratio falls into.
Helix Energy Solutions Group 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.
Helix Energy Solutions Group (FRA:CTV) has a Forward PE Ratio of 32.81 as of Jul. 17, 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 Helix Energy Solutions Group and its competitors. According to the industry distribution chart, Helix Energy Solutions Group ranks #489 out of 543 companies in the Oil & Gas industry, placing it in the top 90.1%.
Is Helix Energy Solutions Group's Forward PE Ratio too high?
Helix Energy Solutions Group's current Forward PE Ratio is 32.81. The Oil & Gas industry median Forward PE Ratio is 10.76. Helix Energy Solutions Group's value of 32.81 is 204.9% above this industry median. Based on the distribution chart, Helix Energy Solutions Group ranks #489 out of 543 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Helix Energy Solutions Group has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Helix Energy Solutions Group's Forward PE Ratio compare to RES and VTOL?
According to the Oil & Gas industry distribution chart, Helix Energy Solutions Group ranks #489 out of 543 companies for Forward PE Ratio. This places Helix Energy Solutions Group in the lower half of its industry. The industry median Forward PE Ratio is 10.76. Helix Energy Solutions Group's value of 32.81 is 204.9% 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 an Oil & Gas company?
The median Forward PE Ratio among Oil & Gas companies is 10.76, 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. Helix Energy Solutions Group's current Forward PE Ratio of 32.81 is 204.9% 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 Helix Energy Solutions Group and its competitors. For the Oil & Gas industry, the median Forward PE Ratio is 10.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Helix Energy Solutions Group's current Forward PE Ratio is 32.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Helix Energy Solutions Group stock overvalued right now?
Based on GuruFocus' analysis, Helix Energy Solutions Group (FRA:CTV) is currently considered Fairly Valued. The stock's GF Value™ is €8.37, compared to a current price of €8.11 — trading 3.1% below its estimated fair value. The current Forward PE Ratio is 32.81 and 204.9% above the Oil & Gas industry median of 10.76. Helix Energy Solutions Group's overall GF Score™ is 80/100 with 7 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 Helix Energy Solutions Group (FRA:CTV), the current Forward PE Ratio is 32.81 as of Jul. 17, 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 Helix Energy Solutions Group (FRA:CTV) Overvalued in 2026?
Based on GuruFocus' analysis, Helix Energy Solutions Group stock appears to be undervalued.
The current stock price of €8.11 is trading 3.1% below its estimated GF Value™ of €8.37.
GuruFocus considers Helix Energy Solutions Group to be Fairly Valued.
Key valuation signals for FRA:CTV:
Forward PE Ratio: 32.81
GF Value™: €8.37 vs. price of €8.11 (3.1% below fair value)
Industry Position: 204.9% above the Oil & Gas median (#489 of 543)
No single metric tells the full story. See the FRA:CTV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Helix Energy Solutions Group Inc is an offshore energy services company. It provides specialty services to the offshore energy industry, with an emphasis on well intervention and robotics operations. Helix provides services in deep water in the Gulf of Mexico, Brazil, the North Sea, Asia Pacific and West Africa regions. It has four segments: Well Intervention, Robotics, Shallow Water Abandonment and Production Facilities. The Well Intervention segment includes vessels and equipment used to perform well intervention services in the Gulf of Mexico, the North Sea and Brazil. It derives the majority of its revenue from the U.S., and it also has its presence in North Sea, Brazil, Asia Pacific, West Africa, and Other.
80GF Score
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