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AJ BellLSE:AJB -1.92%98 Forward PE Ratio is 17.93 as of Aug. 01, 2026. GuruFocus rates LSE:AJB with a GF Score™ of 98/100 and a GF Value™ of £5.95 (Fairly Valued). The stock has 4 warning signs investors should review. Among 325 Asset Management companies, AJ Bell ranks worse than 80% on this metric.
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 .
AJ Bell Forward PE Ratio Related Terms
AJ Bell Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for AJ Bell'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.
AJ Bell Forward PE Ratio Chart
AJ Bell Annual Data
Trend
2019-09
2021-09
2022-09
2023-09
2024-09
2025-09
Forward PE Ratio
50.76
34.01
21.05
15.77
19.72
20.60
AJ Bell Semi-Annual Data
2019-03
2019-09
2021-03
2021-09
2022-03
2022-09
2023-03
2023-09
2024-03
2024-09
2025-03
2025-09
2026-03
Forward PE Ratio
43.48
50.76
41.32
34.01
28.65
21.05
24.33
15.77
17.79
19.72
18.53
20.60
17.53
LSE:AJB vs BLK, BX, KKR: Forward PE Ratio Comparison
For the Asset Management subindustry, AJ Bell'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.
AJ Bell Forward PE Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, AJ Bell's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where AJ Bell'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.
AJ Bell (LSE:AJB) has a Forward PE Ratio of 17.93 as of Aug. 01, 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 AJ Bell and its competitors. According to the industry distribution chart, AJ Bell ranks #260 out of 325 companies in the Asset Management industry, placing it in the top 80%.
Is AJ Bell's Forward PE Ratio too high?
AJ Bell's current Forward PE Ratio is 17.93. The Asset Management industry median Forward PE Ratio is 10.92. AJ Bell's value of 17.93 is 64.2% above this industry median. Based on the distribution chart, AJ Bell ranks #260 out of 325 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, AJ Bell has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AJ Bell's Forward PE Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, AJ Bell ranks #260 out of 325 companies for Forward PE Ratio. This places AJ Bell in the lower half of its industry. The industry median Forward PE Ratio is 10.92. AJ Bell's value of 17.93 is 64.2% 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 an Asset Management company?
The median Forward PE Ratio among Asset Management companies is 10.92, based on 325 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. AJ Bell's current Forward PE Ratio of 17.93 is 64.2% 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 AJ Bell and its competitors. For the Asset Management industry, the median Forward PE Ratio is 10.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AJ Bell's current Forward PE Ratio is 17.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AJ Bell stock overvalued right now?
Based on GuruFocus' analysis, AJ Bell (LSE:AJB) is currently considered Fairly Valued. The stock's GF Value™ is £5.95, compared to a current price of £5.88 — trading 1.3% below its estimated fair value. The current Forward PE Ratio is 17.93 and 64.2% above the Asset Management industry median of 10.92. AJ Bell's overall GF Score™ is 98/100 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 AJ Bell (LSE:AJB), the current Forward PE Ratio is 17.93 as of Aug. 01, 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 AJ Bell (LSE:AJB) Overvalued in 2026?
Based on GuruFocus' analysis, AJ Bell stock appears to be undervalued.
The current stock price of £5.88 is trading 1.3% below its estimated GF Value™ of £5.95.
GuruFocus considers AJ Bell to be Fairly Valued.
Key valuation signals for LSE:AJB:
Forward PE Ratio: 17.93
GF Value™: £5.95 vs. price of £5.88 (1.3% below fair value)
Industry Position: 64.2% above the Asset Management median (#260 of 325)
No single metric tells the full story. See the LSE:AJB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AJ Bell PLC is an investment platform in the United Kingdom. The Group has a single operating segment, being investment services in the advised and D2C space, administering investments in SIPPs, ISAs, and General Investment / Dealing Accounts. SIPPs and ISAs, Lifetime ISA, and junior products. The company generates revenue from recurring ad valorem, which includes custody fees, interest income, and investment management fees, and transactional. The company earns its revenue from its domicile country United Kingdom.
98GF Score
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