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Rai Way SpA (MIL:RWAY) 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 .
Rai Way SpA Forward PE Ratio Related Terms
Rai Way SpA Forward PE Ratio Historical Data
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The historical data trend for Rai Way SpA'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.
Rai Way SpA Forward PE Ratio Chart
Rai Way SpA Annual Data
Trend
2015-12
2018-12
2019-12
2020-12
2021-12
2022-12
2024-12
2025-12
Forward PE Ratio
27.78
18.05
22.88
26.46
20.08
20.33
16.68
16.69
Rai Way SpA Quarterly Data
2015-12
2016-03
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
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
27.78
25.00
22.12
18.21
18.21
18.05
19.88
22.88
19.38
22.88
16.78
23.75
25.19
26.46
21.37
21.10
21.10
20.08
23.04
22.62
17.57
20.33
18.66
18.55
16.68
17.69
18.84
18.29
16.69
17.73
MIL:RWAY vs PWR, FIX, EME: Forward PE Ratio Comparison
For the Engineering & Construction subindustry, Rai Way SpA'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.
Rai Way SpA Forward PE Ratio vs Construction Industry
For the Construction industry and Industrials sector, Rai Way SpA's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Rai Way SpA'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.
Rai Way SpA (MIL:RWAY) has a Forward PE Ratio of 14.17 as of Jul. 19, 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 Rai Way SpA and its competitors. According to the industry distribution chart, Rai Way SpA ranks #337 out of 641 companies in the Construction industry, placing it in the top 52.6%.
Is Rai Way SpA's Forward PE Ratio too high?
Rai Way SpA's current Forward PE Ratio is 14.17. The Construction industry median Forward PE Ratio is 13.78. Rai Way SpA's value of 14.17 is 2.8% above this industry median. Based on the distribution chart, Rai Way SpA ranks #337 out of 641 companies in the Construction industry, which is below the industry midpoint. Overall, Rai Way SpA has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rai Way SpA's Forward PE Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Rai Way SpA ranks #337 out of 641 companies for Forward PE Ratio. This places Rai Way SpA in the lower half of its industry. The industry median Forward PE Ratio is 13.78. Rai Way SpA's value of 14.17 is 2.8% 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 13.78, 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. Rai Way SpA's current Forward PE Ratio of 14.17 is 2.8% 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 Rai Way SpA and its competitors. For the Construction industry, the median Forward PE Ratio is 13.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rai Way SpA's current Forward PE Ratio is 14.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rai Way SpA stock overvalued right now?
Based on GuruFocus' analysis, Rai Way SpA (MIL:RWAY) is currently considered Modestly Undervalued. The stock's GF Value™ is €5.68, compared to a current price of €4.64 — trading 18.4% below its estimated fair value. The current Forward PE Ratio is 14.17 and 2.8% above the Construction industry median of 13.78. Rai Way SpA's overall GF Score™ is 82/100 with 2 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 Rai Way SpA (MIL:RWAY), the current Forward PE Ratio is 14.17 as of Jul. 19, 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 Rai Way SpA (MIL:RWAY) Overvalued in 2026?
Based on GuruFocus' analysis, Rai Way SpA stock appears to be undervalued.
The current stock price of €4.64 is trading 18.4% below its estimated GF Value™ of €5.68.
GuruFocus considers Rai Way SpA to be Modestly Undervalued.
Key valuation signals for MIL:RWAY:
Forward PE Ratio: 14.17
GF Value™: €5.68 vs. price of €4.64 (18.4% below fair value)
Industry Position: 2.8% above the Construction median (#337 of 641)
No single metric tells the full story. See the MIL:RWAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rai Way SpA is an Italy-based company which operates activity of signal transmission and a broadcasting network of RAI group. The services provided by the company include broadcasting services, transmission services, tower Rental Services and network Services. The company serves its customer by providing implementation and management of the main broadcasting processes which include analog and digital, terrestrial and satellite, for audio, video and data signals, television signals through connecting network. The company allows its clients to have the availability of tower and civil infrastructures to install radio transmitters, planning, construction, installation, management of electronic and telecommunications networks. It provides services throughout Italy.
82GF 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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