Insteel Industries (NYSE:IIIN) 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 .
Insteel Industries Forward PE Ratio Related Terms
Insteel Industries Forward PE Ratio Historical Data
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The historical data trend for Insteel Industries'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.
Insteel Industries Forward PE Ratio Chart
Insteel Industries Annual Data
Trend
2024-09
2025-09
Forward PE Ratio
15.22
13.92
Insteel Industries Quarterly Data
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
30.86
29.41
8.04
15.22
21.95
19.51
12.67
13.92
12.25
12.13
IIIN vs TG, MEC, AP: Forward PE Ratio Comparison
For the Metal Fabrication subindustry, Insteel 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.
Insteel Industries Forward PE Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Insteel Industries's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Insteel Industries'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.
Insteel Industries (IIIN) has a Forward PE Ratio of 12.65 as of Jul. 07, 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 Insteel Industries and its competitors. According to the industry distribution chart, Insteel Industries ranks #286 out of 1282 companies in the Industrial Products industry, placing it in the top 22.3%.
Is Insteel Industries' Forward PE Ratio too high?
Insteel Industries' current Forward PE Ratio is 12.65. The Industrial Products industry median Forward PE Ratio is 20.58. Insteel Industries' value of 12.65 is 38.5% below this industry median. Based on the distribution chart, Insteel Industries ranks #286 out of 1282 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Insteel Industries has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Insteel Industries' Forward PE Ratio compare to TG and MEC?
According to the Industrial Products industry distribution chart, Insteel Industries ranks #286 out of 1282 companies for Forward PE Ratio. This places Insteel Industries in the top 22% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 20.58. Insteel Industries' value of 12.65 is 38.5% below 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 an Industrial Products company?
The median Forward PE Ratio among Industrial Products companies is 20.58, based on 1,282 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. Insteel Industries's current Forward PE Ratio of 12.65 is 38.5% below 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 Insteel Industries and its competitors. For the Industrial Products industry, the median Forward PE Ratio is 20.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Insteel Industries's current Forward PE Ratio is 12.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Insteel Industries stock overvalued right now?
Based on GuruFocus' analysis, Insteel Industries (IIIN) is currently considered Modestly Undervalued. The stock's GF Value™ is $37.90, compared to a current price of $29.12 — trading 23.2% below its estimated fair value. The current Forward PE Ratio is 12.65 and 38.5% below the Industrial Products industry median of 20.58. Insteel Industries' overall GF Score™ is 64/100 with 4 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 Insteel Industries (IIIN), the current Forward PE Ratio is 12.65 as of Jul. 07, 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 Insteel Industries (IIIN) Overvalued in 2026?
Based on GuruFocus' analysis, Insteel Industries stock appears to be undervalued.
The current stock price of $29.12 is trading 23.2% below its estimated GF Value™ of $37.90.
GuruFocus considers Insteel Industries to be Modestly Undervalued.
Key valuation signals for IIIN:
Forward PE Ratio: 12.65
GF Value™: $37.90 vs. price of $29.12 (23.2% below fair value)
Industry Position: 38.5% below the Industrial Products median (#286 of 1282)
No single metric tells the full story. See the IIIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Insteel Industries Inc produces and sells prestressed concrete strand (PC strand) and welded wire reinforcement (WWR). PC strand, a high-strength seven-wire cable, is used to strengthen precast concrete in structures like bridges, parking decks, and buildings, enabling longer spans and slimmer designs. WWR includes engineered structural mesh for primary reinforcement, concrete pipe reinforcement for drainage and sewage systems, and standard WWR for crack control in residential and light commercial construction. The company serves markets in the United States and internationally, with the majority of revenue generated in the United States.
64GF 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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