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James Hardie IndustriesFRA:JHA +0.88%70 Forward PE Ratio is 20.46 as of Jul. 30, 2026. GuruFocus rates FRA:JHA with a GF Score™ of 70/100. The stock has 9 warning signs investors should review. Among 157 Building Materials companies, James Hardie Industries ranks worse than 69.43% on this metric.
James Hardie Industries (FRA:JHA) 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 .
James Hardie Industries Forward PE Ratio Related Terms
James Hardie 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.
James Hardie Industries Forward PE Ratio Chart
James Hardie Industries Annual Data
Trend
2016-03
2017-03
2018-03
2019-03
2020-03
2021-03
2022-03
2023-03
2024-03
2025-03
2026-03
Forward PE Ratio
21.88
22.52
21.51
16.64
11.39
24.04
18.21
15.48
24.88
14.17
14.76
James Hardie 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
Forward PE Ratio
22.52
21.88
23.81
24.27
21.83
22.52
24.04
22.52
23.04
21.51
22.12
20.00
14.10
16.64
16.69
20.79
20.53
11.39
23.98
25.13
25.97
24.04
27.25
28.82
24.51
18.21
12.69
11.92
12.94
15.48
19.49
17.21
23.26
24.88
20.83
26.25
17.21
14.17
16.58
28.52
16.21
14.76
FRA:JHA vs EXP, KNF, USLM: Forward PE Ratio Comparison
For the Building Materials subindustry, James Hardie 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.
James Hardie Industries Forward PE Ratio vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, James Hardie Industries's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where James Hardie Industries's Forward PE Ratio falls into.
James Hardie 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.
James Hardie Industries (FRA:JHA) has a Forward PE Ratio of 20.46 as of Jul. 30, 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 James Hardie Industries and its competitors. According to the industry distribution chart, James Hardie Industries ranks #109 out of 157 companies in the Building Materials industry, placing it in the top 69.4%.
Is James Hardie Industries' Forward PE Ratio too high?
James Hardie Industries' current Forward PE Ratio is 20.46. The Building Materials industry median Forward PE Ratio is 13.09. James Hardie Industries' value of 20.46 is 56.3% above this industry median. Based on the distribution chart, James Hardie Industries ranks #109 out of 157 companies in the Building Materials industry, which is below the industry midpoint. Overall, James Hardie Industries has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does James Hardie Industries' Forward PE Ratio compare to EXP and KNF?
According to the Building Materials industry distribution chart, James Hardie Industries ranks #109 out of 157 companies for Forward PE Ratio. This places James Hardie Industries in the lower half of its industry. The industry median Forward PE Ratio is 13.09. James Hardie Industries' value of 20.46 is 56.3% 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 Building Materials company?
The median Forward PE Ratio among Building Materials companies is 13.09, based on 157 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. James Hardie Industries's current Forward PE Ratio of 20.46 is 56.3% 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 James Hardie Industries and its competitors. For the Building Materials industry, the median Forward PE Ratio is 13.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. James Hardie Industries's current Forward PE Ratio is 20.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is James Hardie Industries stock overvalued right now?
James Hardie Industries (FRA:JHA) has a current Forward PE Ratio of 20.46. The current Forward PE Ratio is 20.46 and 56.3% above the Building Materials industry median of 13.09. James Hardie Industries' overall GF Score™ is 70/100 with 9 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 James Hardie Industries (FRA:JHA), the current Forward PE Ratio is 20.46 as of Jul. 30, 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.
James Hardie is a manufacturer of fiber cement-based building products, selling primarily to the residential construction industry. North America is the primary geography, generating about 80% of group earnings. Here, it is the largest manufacturer of fiber cement, which is mainly used for exterior siding on houses. Following the Azek acquisition in 2025, it also produces wooden composite decking materials, siding trims, and accessories for outdoor areas including stair and deck railing. Businesses in Australia, New Zealand, and Europe, make up the rest of earnings.
70GF 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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