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Banco Bilbao Vizcaya Argentaria (HAM:BOY) 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 .
Banco Bilbao Vizcaya Argentaria Forward PE Ratio Related Terms
Banco Bilbao Vizcaya Argentaria 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.
Banco Bilbao Vizcaya Argentaria Forward PE Ratio Chart
Banco Bilbao Vizcaya Argentaria 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
8.80
9.32
11.74
6.74
8.55
11.12
6.77
5.71
7.03
6.23
10.04
Banco Bilbao Vizcaya Argentaria 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
8.80
8.43
9.94
7.65
9.32
10.87
10.40
10.38
11.74
9.12
8.15
8.41
6.74
7.78
7.68
7.65
8.55
5.23
10.91
7.38
11.12
10.66
12.38
9.10
6.77
6.85
5.24
5.30
5.71
6.08
6.45
6.57
7.03
8.14
6.20
6.67
6.23
7.77
7.81
8.78
10.04
8.94
HAM:BOY vs JPM, BAC, WFC: Forward PE Ratio Comparison
For the Banks - Diversified subindustry, Banco Bilbao Vizcaya Argentaria'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.
Banco Bilbao Vizcaya Argentaria Forward PE Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Banco Bilbao Vizcaya Argentaria's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Banco Bilbao Vizcaya Argentaria's Forward PE Ratio falls into.
Banco Bilbao Vizcaya Argentaria 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.
Banco Bilbao Vizcaya Argentaria (HAM:BOY) has a Forward PE Ratio of 11.47 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 Banco Bilbao Vizcaya Argentaria and its competitors. According to the industry distribution chart, Banco Bilbao Vizcaya Argentaria ranks #421 out of 818 companies in the Banks industry, placing it in the top 51.5%.
Is Banco Bilbao Vizcaya Argentaria's Forward PE Ratio too high?
Banco Bilbao Vizcaya Argentaria's current Forward PE Ratio is 11.47. The Banks industry median Forward PE Ratio is 11.34. Banco Bilbao Vizcaya Argentaria's value of 11.47 is 1.1% above this industry median. Based on the distribution chart, Banco Bilbao Vizcaya Argentaria ranks #421 out of 818 companies in the Banks industry, which is below the industry midpoint. Overall, Banco Bilbao Vizcaya Argentaria has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Banco Bilbao Vizcaya Argentaria's Forward PE Ratio compare to JPM and BAC?
According to the Banks industry distribution chart, Banco Bilbao Vizcaya Argentaria ranks #421 out of 818 companies for Forward PE Ratio. This places Banco Bilbao Vizcaya Argentaria in the lower half of its industry. The industry median Forward PE Ratio is 11.34. Banco Bilbao Vizcaya Argentaria's value of 11.47 is 1.1% 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 Banks company?
The median Forward PE Ratio among Banks companies is 11.34, based on 818 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. Banco Bilbao Vizcaya Argentaria's current Forward PE Ratio of 11.47 is 1.1% 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 Banco Bilbao Vizcaya Argentaria and its competitors. For the Banks industry, the median Forward PE Ratio is 11.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banco Bilbao Vizcaya Argentaria's current Forward PE Ratio is 11.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Bilbao Vizcaya Argentaria stock overvalued right now?
Based on GuruFocus' analysis, Banco Bilbao Vizcaya Argentaria (HAM:BOY) is currently considered Significantly Overvalued. The stock's GF Value™ is €12.53, compared to a current price of €22.75 — trading 81.6% above its estimated fair value. The current Forward PE Ratio is 11.47 and 1.1% above the Banks industry median of 11.34. Banco Bilbao Vizcaya Argentaria's overall GF Score™ is 72/100 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 Banco Bilbao Vizcaya Argentaria (HAM:BOY), the current Forward PE Ratio is 11.47 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.
Is Banco Bilbao Vizcaya Argentaria (HAM:BOY) Overvalued in 2026?
Based on GuruFocus' analysis, Banco Bilbao Vizcaya Argentaria stock appears to be overvalued.
The current stock price of €22.75 is trading 81.6% above its estimated GF Value™ of €12.53.
GuruFocus considers Banco Bilbao Vizcaya Argentaria to be Significantly Overvalued.
Key valuation signals for HAM:BOY:
Forward PE Ratio: 11.47
GF Value™: €12.53 vs. price of €22.75 (81.6% above fair value)
Industry Position: 1.1% above the Banks median (#421 of 818)
No single metric tells the full story. See the HAM:BOY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Banco Bilbao Vizcaya Argentaria Business Description
Despite its Spanish origins, Banco Bilbao Vizcaya Argentaria generates only around one-fourth of its profits in Spain. We expect that on a normalized basis, BBVA's market-leading Mexican bank should contribute half of its earnings, while its Turkish operation should account for another 15%. The balance of BBVA's earnings comes from smaller operations in South America. BBVA is overwhelmingly a retail and commercial bank, with corporate and investment banking forming a minor part of the overall business. BBVA also offers insurance and investment products through its banking networks.
72GF Score
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