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Federal SignalFRA:FSG 99 Forward PE Ratio is 23.20 as of Aug. 03, 2026. GuruFocus rates FRA:FSG with a GF Score™ of 99/100 and a GF Value™ of €98.00 (Fairly Valued). The stock has 1 warning sign investors should review. Among 116 Farm & Heavy Construction Machinery companies, Federal Signal ranks worse than 88.79% on this metric.
Federal Signal (FRA:FSG) 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 .
Federal Signal Forward PE Ratio Related Terms
Federal Signal Forward PE Ratio Historical Data
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The historical data trend for Federal Signal'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.
Federal Signal Forward PE Ratio Chart
Federal Signal 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
14.18
20.16
19.38
12.82
16.31
17.57
19.01
19.27
26.67
24.82
23.07
Federal Signal Quarterly Data
2015-12
2016-03
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
14.18
18.12
16.34
20.16
18.42
22.52
20.12
19.38
18.59
19.61
17.67
12.82
16.16
17.06
16.29
16.31
13.19
19.19
15.70
17.57
20.33
21.55
18.59
19.01
17.95
17.51
15.97
19.27
23.09
26.74
21.46
26.67
27.93
27.10
24.94
24.82
19.10
28.06
26.64
23.07
22.69
23.80
FRA:FSG vs TEX, AGCO, OSK: Forward PE Ratio Comparison
For the Farm & Heavy Construction Machinery subindustry, Federal Signal'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.
Federal Signal Forward PE Ratio vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Federal Signal's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Federal Signal'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.
Federal Signal (FRA:FSG) has a Forward PE Ratio of 23.20 as of Aug. 03, 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 Federal Signal and its competitors. According to the industry distribution chart, Federal Signal ranks #103 out of 116 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 88.8%.
Is Federal Signal's Forward PE Ratio too high?
Federal Signal's current Forward PE Ratio is 23.20. The Farm & Heavy Construction Machinery industry median Forward PE Ratio is 14.05. Federal Signal's value of 23.20 is 65.1% above this industry median. Based on the distribution chart, Federal Signal ranks #103 out of 116 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Federal Signal has a GF Score™ of 99/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Federal Signal's Forward PE Ratio compare to TEX and AGCO?
According to the Farm & Heavy Construction Machinery industry distribution chart, Federal Signal ranks #103 out of 116 companies for Forward PE Ratio. This places Federal Signal in the lower half of its industry. The industry median Forward PE Ratio is 14.05. Federal Signal's value of 23.20 is 65.1% 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 Farm & Heavy Construction Machinery company?
The median Forward PE Ratio among Farm & Heavy Construction Machinery companies is 14.05, based on 116 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. Federal Signal's current Forward PE Ratio of 23.20 is 65.1% 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 Federal Signal and its competitors. For the Farm & Heavy Construction Machinery industry, the median Forward PE Ratio is 14.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Federal Signal's current Forward PE Ratio is 23.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Federal Signal stock overvalued right now?
Based on GuruFocus' analysis, Federal Signal (FRA:FSG) is currently considered Fairly Valued. The stock's GF Value™ is €98.00, compared to a current price of €100.00 — trading 2% above its estimated fair value. The current Forward PE Ratio is 23.20 and 65.1% above the Farm & Heavy Construction Machinery industry median of 14.05. Federal Signal's overall GF Score™ is 99/100 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 Federal Signal (FRA:FSG), the current Forward PE Ratio is 23.20 as of Aug. 03, 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 Federal Signal (FRA:FSG) Overvalued in 2026?
Based on GuruFocus' analysis, Federal Signal stock appears to be overvalued.
The current stock price of €100.00 is trading 2% above its estimated GF Value™ of €98.00.
GuruFocus considers Federal Signal to be Fairly Valued.
Key valuation signals for FRA:FSG:
Forward PE Ratio: 23.20
GF Value™: €98.00 vs. price of €100.00 (2% above fair value)
Industry Position: 65.1% above the Farm & Heavy Construction Machinery median (#103 of 116)
No single metric tells the full story. See the FRA:FSG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Federal Signal Corp designs and manufactures products and integrated solutions for municipal, governmental, industrial, and airport customers. It operates through two segments. The Environmental Solutions Group manufactures and supplies street sweeper vehicles, sewer cleaner and vacuum loader trucks, hydro-excavation trucks, high-performance water blasting equipment, dump truck bodies, and trailers. The Safety and Security Systems Group manufactures and supplies comprehensive systems and products used by law enforcement, fire rescue, and industrial sites to protect people and property. Its offerings include systems for community alerting and industrial communications. The company generates the majority of its revenue from the Environmental Solutions Group segment.
99GF Score
Get the complete analysis for FRA:FSG
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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