Limbach Holdings (NAS:LMB) 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 .
Limbach Holdings Forward PE Ratio Related Terms
Limbach Holdings Forward PE Ratio Historical Data
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The historical data trend for Limbach Holdings'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.
Limbach Holdings Forward PE Ratio Chart
Limbach Holdings Annual Data
Trend
2016-12
2017-12
2018-12
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
20.16
13.42
6.70
3.20
14.35
7.44
9.56
24.63
27.21
21.86
Limbach Holdings Quarterly Data
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
20.16
20.33
25.77
12.77
13.42
11.86
17.64
7.46
6.70
14.29
8.55
4.75
3.20
3.86
4.30
7.98
14.35
14.41
17.51
6.31
7.44
9.23
7.60
6.61
9.56
15.87
22.08
17.24
24.63
22.03
25.32
26.60
27.21
23.50
39.41
22.97
21.86
22.10
LMB vs APOG, NX, SWIM: Forward PE Ratio Comparison
For the Building Products & Equipment subindustry, Limbach Holdings'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.
Limbach Holdings Forward PE Ratio vs Construction Industry
For the Construction industry and Industrials sector, Limbach Holdings's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Limbach Holdings'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.
Limbach Holdings (LMB) has a Forward PE Ratio of 18.64 as of Jul. 06, 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 Limbach Holdings and its competitors. According to the industry distribution chart, Limbach Holdings ranks #417 out of 638 companies in the Construction industry, placing it in the top 65.4%.
Is Limbach Holdings' Forward PE Ratio too high?
Limbach Holdings' current Forward PE Ratio is 18.64. The Construction industry median Forward PE Ratio is 14.13. Limbach Holdings' value of 18.64 is 32% above this industry median. Based on the distribution chart, Limbach Holdings ranks #417 out of 638 companies in the Construction industry, which is below the industry midpoint. Overall, Limbach Holdings has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Limbach Holdings' Forward PE Ratio compare to APOG and NX?
According to the Construction industry distribution chart, Limbach Holdings ranks #417 out of 638 companies for Forward PE Ratio. This places Limbach Holdings in the lower half of its industry. The industry median Forward PE Ratio is 14.13. Limbach Holdings' value of 18.64 is 32% 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 Construction company?
The median Forward PE Ratio among Construction companies is 14.13, based on 638 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. Limbach Holdings's current Forward PE Ratio of 18.64 is 32% 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 Limbach Holdings and its competitors. For the Construction industry, the median Forward PE Ratio is 14.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Limbach Holdings's current Forward PE Ratio is 18.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Limbach Holdings stock overvalued right now?
Based on GuruFocus' analysis, Limbach Holdings (LMB) is currently considered Fairly Valued. The stock's GF Value™ is $86.30, compared to a current price of $79.49 — trading 7.9% below its estimated fair value. The current Forward PE Ratio is 18.64 and 32% above the Construction industry median of 14.13. Limbach Holdings' overall GF Score™ is 80/100 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 Limbach Holdings (LMB), the current Forward PE Ratio is 18.64 as of Jul. 06, 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 Limbach Holdings (LMB) Overvalued in 2026?
Based on GuruFocus' analysis, Limbach Holdings stock appears to be undervalued.
The current stock price of $79.49 is trading 7.9% below its estimated GF Value™ of $86.30.
GuruFocus considers Limbach Holdings to be Fairly Valued.
Key valuation signals for LMB:
Forward PE Ratio: 18.64
GF Value™: $86.30 vs. price of $79.49 (7.9% below fair value)
Industry Position: 32% above the Construction median (#417 of 638)
No single metric tells the full story. See the LMB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Limbach Holdings Inc is a building systems solutions firm that designs, delivers, and maintains mechanical (heating, ventilation, and air conditioning), electrical, plumbing, and controls (MEPC) systems. The Company partners with owners and operators of facilities across healthcare, industrial and manufacturing, data centers, life sciences, higher education, and cultural and entertainment markets. It operates through two segments: Owner Direct Relationships (ODR), which generates maximum revenue and includes owner direct projects, maintenance, and service on MEPC systems; and General Contractor Relationships (GCR), which manages new construction or renovation projects involving MEPC systems awarded by general contractors or construction managers.
80GF 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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