Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Horizon OilFRA:HOJ 50 Forward PE Ratio is 0.00 as of Jul. 22, 2026. GuruFocus rates FRA:HOJ with a GF Score™ of 50/100 and a GF Value™ of €0.09 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 543 Oil & Gas companies, Horizon Oil ranks worse than 184161.88% on this metric.
Horizon Oil (FRA:HOJ) 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 .
Horizon Oil Forward PE Ratio Related Terms
Horizon Oil Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Horizon Oil'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.
Horizon Oil Forward PE Ratio Chart
Horizon Oil Annual Data
Trend
Forward PE Ratio
Horizon Oil Semi-Annual Data
2015-12
Forward PE Ratio
5.19
FRA:HOJ vs COP, EOG, FANG: Forward PE Ratio Comparison
For the Oil & Gas E&P subindustry, Horizon Oil'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.
Horizon Oil Forward PE Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Horizon Oil's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Horizon Oil'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.
Horizon Oil (FRA:HOJ) has a Forward PE Ratio of 0.00 as of Jul. 22, 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 Horizon Oil and its competitors. According to the industry distribution chart, Horizon Oil ranks #999999 out of 543 companies in the Oil & Gas industry.
Is Horizon Oil's Forward PE Ratio too high?
Horizon Oil's current Forward PE Ratio is 0.00. Based on the distribution chart, Horizon Oil ranks #999999 out of 543 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Horizon Oil has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Horizon Oil's Forward PE Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Horizon Oil ranks #999999 out of 543 companies for Forward PE Ratio. This places Horizon Oil in the lower half of its industry. The industry median Forward PE Ratio is 10.71. 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 10.71, 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. 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 Horizon Oil and its competitors. For the Oil & Gas industry, the median Forward PE Ratio is 10.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Horizon Oil's current Forward PE Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horizon Oil stock overvalued right now?
Based on GuruFocus' analysis, Horizon Oil (FRA:HOJ) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.09, compared to a current price of €0.12 — trading 35.6% above its estimated fair value. The current Forward PE Ratio is 0.00. Horizon Oil's overall GF Score™ is 50/100 with 6 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 Horizon Oil (FRA:HOJ), the current Forward PE Ratio is 0.00 as of Jul. 22, 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 Horizon Oil (FRA:HOJ) Overvalued in 2026?
Based on GuruFocus' analysis, Horizon Oil stock appears to be overvalued.
The current stock price of €0.12 is trading 35.6% above its estimated GF Value™ of €0.09.
GuruFocus considers Horizon Oil to be Significantly Overvalued.
Key valuation signals for FRA:HOJ:
Forward PE Ratio: 0.00
GF Value™: €0.09 vs. price of €0.12 (35.6% above fair value)
No single metric tells the full story. See the FRA:HOJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Horizon Oil Ltd is engaged in petroleum exploration, development, and production. The company operates in three segments: China development, New Zealand development, and Australia development. It generates maximum revenue from the China development segment, which is involved in developing and producing crude oil from the Block 22/12-WZ6-12, WZ12-8W and WZ12-8E oil field developments and in the exploration and evaluation of hydrocarbons within Block 22/12. The New Zealand development segment is currently involved in developing and producing crude oil from the Maari/Manaia oil field development, and the Australia development segment is engaged in developing and producing oil and gas from the Mereenie OL4 and OL5 oil and gas fields.
50GF Score
Get the complete analysis for FRA:HOJ
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:HOJ has been successfully added to your 
