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Lennox International (MIL:1LII) 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 .
Lennox International Forward PE Ratio Related Terms
Lennox International Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Lennox International'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.
Lennox International Forward PE Ratio Chart
Lennox International Annual Data
Trend
2025-12
Forward PE Ratio
19.83
Lennox International Quarterly Data
2025-09
2025-12
2026-03
Forward PE Ratio
22.42
19.83
21.61
MIL:1LII vs MAIR, MAS, CSL: Forward PE Ratio Comparison
For the Building Products & Equipment subindustry, Lennox International'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.
Lennox International Forward PE Ratio vs Construction Industry
For the Construction industry and Industrials sector, Lennox International's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Lennox International'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.
Lennox International (MIL:1LII) has a Forward PE Ratio of 23.24 as of Jul. 21, 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 Lennox International and its competitors. According to the industry distribution chart, Lennox International ranks #496 out of 641 companies in the Construction industry, placing it in the top 77.4%.
Is Lennox International's Forward PE Ratio too high?
Lennox International's current Forward PE Ratio is 23.24. The Construction industry median Forward PE Ratio is 13.65. Lennox International's value of 23.24 is 70.3% above this industry median. Based on the distribution chart, Lennox International ranks #496 out of 641 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Lennox International has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does Lennox International's Forward PE Ratio compare to MAIR and MAS?
According to the Construction industry distribution chart, Lennox International ranks #496 out of 641 companies for Forward PE Ratio. This places Lennox International in the lower half of its industry. The industry median Forward PE Ratio is 13.65. Lennox International's value of 23.24 is 70.3% 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 13.65, based on 641 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. Lennox International's current Forward PE Ratio of 23.24 is 70.3% 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 Lennox International and its competitors. For the Construction industry, the median Forward PE Ratio is 13.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lennox International's current Forward PE Ratio is 23.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lennox International stock overvalued right now?
Lennox International (MIL:1LII) has a current Forward PE Ratio of 23.24. The stock's GF Value™ is €501.24, compared to a current price of €493.20 — trading 1.6% below its estimated fair value. The current Forward PE Ratio is 23.24 and 70.3% above the Construction industry median of 13.65. Lennox International's overall GF Score™ is 93/100 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 Lennox International (MIL:1LII), the current Forward PE Ratio is 23.24 as of Jul. 21, 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 Lennox International (MIL:1LII) Overvalued in 2026?
Based on GuruFocus' analysis, Lennox International stock appears to be undervalued.
The current stock price of €493.20 is trading 1.6% below its estimated GF Value™ of €501.24.
Key valuation signals for MIL:1LII:
Forward PE Ratio: 23.24
GF Value™: €501.24 vs. price of €493.20 (1.6% below fair value)
Industry Position: 70.3% above the Construction median (#496 of 641)
No single metric tells the full story. See the MIL:1LII stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lennox International manufacturers and distributes heating, ventilating, air conditioning, and refrigeration products for the North American replacement (75% of sales) and new construction (25% of sales) markets. Residential HVAC (home comfort solutions) accounts for 67% of sales and commercial HVAC (building climate solutions) accounts for the remaining 33% of sales. Lennox's commercial exposure is what its peers refer to as residential and light commercial, and lacks the scale and complexity of what is referred to as an applied solution. The company goes to market with multiple brands, but Lennox is its flagship HVAC brand.
93GF Score
Get the complete analysis for MIL:1LII
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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