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Magellan AerospaceMALJF -0.09%74 Forward PE Ratio is 23.48 as of Jul. 20, 2026. GuruFocus rates MALJF with a GF Score™ of 74/100 and a GF Value™ of $8.34 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 205 Aerospace & Defense companies, Magellan Aerospace ranks better than 62.44% on this metric.
Magellan Aerospace (OTCPK:MALJF) 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 .
Magellan Aerospace Forward PE Ratio Related Terms
Magellan Aerospace Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Magellan Aerospace'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.
Magellan Aerospace Forward PE Ratio Chart
Magellan Aerospace 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
11.78
10.98
12.36
9.63
9.98
14.84
16.50
24.21
11.04
11.10
15.48
Magellan Aerospace 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
11.78
8.73
11.59
9.98
10.98
12.09
13.39
10.52
12.36
11.96
11.27
10.70
9.63
12.30
11.26
9.59
9.98
7.66
10.57
8.88
14.84
23.09
34.72
15.63
16.50
26.11
29.07
21.10
24.21
24.33
25.51
10.83
11.04
11.29
12.35
9.45
11.10
14.15
19.19
13.56
15.48
16.26
MALJF vs SPCX, GE, RTX: Forward PE Ratio Comparison
For the Aerospace & Defense subindustry, Magellan Aerospace'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.
Magellan Aerospace Forward PE Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Magellan Aerospace's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Magellan Aerospace'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.
Magellan Aerospace (MALJF) has a Forward PE Ratio of 23.48 as of Jul. 20, 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 Magellan Aerospace and its competitors. According to the industry distribution chart, Magellan Aerospace ranks #77 out of 205 companies in the Aerospace & Defense industry, placing it in the top 37.6%.
Is Magellan Aerospace's Forward PE Ratio too high?
Magellan Aerospace's current Forward PE Ratio is 23.48. The Aerospace & Defense industry median Forward PE Ratio is 28.27. Magellan Aerospace's value of 23.48 is 16.9% below this industry median. Based on the distribution chart, Magellan Aerospace ranks #77 out of 205 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Magellan Aerospace has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Magellan Aerospace's Forward PE Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Magellan Aerospace ranks #77 out of 205 companies for Forward PE Ratio. This puts Magellan Aerospace in the upper half of its industry. The industry median Forward PE Ratio is 28.27. Magellan Aerospace's value of 23.48 is 16.9% 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 Aerospace & Defense company?
The median Forward PE Ratio among Aerospace & Defense companies is 28.27, based on 205 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. Magellan Aerospace's current Forward PE Ratio of 23.48 is 16.9% 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 Magellan Aerospace and its competitors. For the Aerospace & Defense industry, the median Forward PE Ratio is 28.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magellan Aerospace's current Forward PE Ratio is 23.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magellan Aerospace stock overvalued right now?
Based on GuruFocus' analysis, Magellan Aerospace (MALJF) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.34, compared to a current price of $22.80 — trading 173.4% above its estimated fair value. The current Forward PE Ratio is 23.48 and 16.9% below the Aerospace & Defense industry median of 28.27. Magellan Aerospace's overall GF Score™ is 74/100 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 Magellan Aerospace (MALJF), the current Forward PE Ratio is 23.48 as of Jul. 20, 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 Magellan Aerospace (MALJF) Overvalued in 2026?
Based on GuruFocus' analysis, Magellan Aerospace stock appears to be overvalued.
The current stock price of $22.80 is trading 173.4% above its estimated GF Value™ of $8.34.
GuruFocus considers Magellan Aerospace to be Significantly Overvalued.
Key valuation signals for MALJF:
Forward PE Ratio: 23.48
GF Value™: $8.34 vs. price of $22.80 (173.4% above fair value)
Industry Position: 16.9% below the Aerospace & Defense median (#77 of 205)
No single metric tells the full story. See the MALJF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Magellan Aerospace Corp supplies components to the aerospace industry. Through its subsidiaries, it engineers and manufactures aero-engine and aerostructure components for aerospace markets, including products for defense and space markets, and complementary specialty products. Some of its product offerings include honeycomb and filament-wound tubes, frames, compressor components, bypass ducts, black brant rockets, and helicopter power transmission housings, among others. The group also supports the aftermarket through the supply of spare parts as well as through repair and overhaul services. It operates activities in one reportable segment, namely Aerospace. Geographically, the group derives its maximum revenue from Canada, followed by the United States and Europe.
74GF Score
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