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Hyster YaleHY +12.30%68 Forward PE Ratio is 21.20 as of Aug. 05, 2026. GuruFocus rates HY with a GF Score™ of 68/100 and a GF Value™ of $41.69 (Fairly Valued). The stock has 3 warning signs investors should review. Among 116 Farm & Heavy Construction Machinery companies, Hyster Yale ranks worse than 71.55% on this metric.
Hyster Yale's Forward PE Ratio for today is 21.20.
Hyster Yale (NYSE:HY) 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 .
Hyster Yale Forward PE Ratio Related Terms
Hyster Yale Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Hyster Yale'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.
Hyster Yale Forward PE Ratio Chart
Hyster Yale Annual Data
Trend
2015-12
2016-12
2017-12
2023-12
2024-12
Forward PE Ratio
11.63
18.69
20.92
8.51
9.31
Hyster Yale 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
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
Forward PE Ratio
11.63
12.59
14.51
17.89
18.69
16.58
19.53
14.20
20.92
16.50
16.39
10.43
8.51
9.04
8.36
8.38
9.31
25.07
17.88
10.77
HY vs WNC, TWI, MTW: Forward PE Ratio Comparison
For the Farm & Heavy Construction Machinery subindustry, Hyster Yale'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.
Hyster Yale Forward PE Ratio vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Hyster Yale's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Hyster Yale'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.
Hyster Yale (HY) has a Forward PE Ratio of 21.20 as of Aug. 05, 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 Hyster Yale and its competitors. According to the industry distribution chart, Hyster Yale ranks #83 out of 116 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 71.6%.
Is Hyster Yale's Forward PE Ratio too high?
Hyster Yale's current Forward PE Ratio is 21.20. The Farm & Heavy Construction Machinery industry median Forward PE Ratio is 14.35. Hyster Yale's value of 21.20 is 47.8% above this industry median. Based on the distribution chart, Hyster Yale ranks #83 out of 116 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Hyster Yale has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hyster Yale's Forward PE Ratio compare to WNC and TWI?
According to the Farm & Heavy Construction Machinery industry distribution chart, Hyster Yale ranks #83 out of 116 companies for Forward PE Ratio. This places Hyster Yale in the lower half of its industry. The industry median Forward PE Ratio is 14.35. Hyster Yale's value of 21.20 is 47.8% 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 14.35, 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. Hyster Yale's current Forward PE Ratio of 21.20 is 47.8% 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 Hyster Yale and its competitors. For the Farm & Heavy Construction Machinery industry, the median Forward PE Ratio is 14.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hyster Yale's current Forward PE Ratio is 21.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hyster Yale stock overvalued right now?
Based on GuruFocus' analysis, Hyster Yale (HY) is currently considered Fairly Valued. The stock's GF Value™ is $41.69, compared to a current price of $39.45 — trading 5.4% below its estimated fair value. The current Forward PE Ratio is 21.20 and 47.8% above the Farm & Heavy Construction Machinery industry median of 14.35. Hyster Yale's overall GF Score™ is 68/100 with 3 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 Hyster Yale (HY), the current Forward PE Ratio is 21.20 as of Aug. 05, 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 Hyster Yale (HY) Overvalued in 2026?
Based on GuruFocus' analysis, Hyster Yale stock appears to be undervalued.
The current stock price of $39.45 is trading 5.4% below its estimated GF Value™ of $41.69.
GuruFocus considers Hyster Yale to be Fairly Valued.
Key valuation signals for HY:
Forward PE Ratio: 21.20
GF Value™: $41.69 vs. price of $39.45 (5.4% below fair value)
Industry Position: 47.8% above the Farm & Heavy Construction Machinery median (#83 of 116)
No single metric tells the full story. See the HY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hyster Yale Inc designs, engineers, manufactures, sells, and services a comprehensive line of lift trucks, attachments, aftermarket parts, and technology solutions marketed globally under the Hyster and Yale brand names. The company has four segments, which include three in the lift truck business as discussed below, as well as Bolzoni S.p.A. (Bolzoni). The majority of its revenue is generated from Lift Trucks. Geographically, it operates in America, EMEA, and JAPIC regions, of which maximum revenue is generated from its business in America, which includes lift truck operations in the U.S., Canada, Mexico, Brazil, and Latin America.
68GF 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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