Natural Gas Services Group (NYSE:NGS) 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 .
Natural Gas Services Group Forward PE Ratio Related Terms
Natural Gas Services Group Forward PE Ratio Historical Data
* 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.
Natural Gas Services Group Forward PE Ratio Chart
Natural Gas Services Group Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2019-12
2024-12
2025-12
Forward PE Ratio
41.32
67.11
65.36
44.05
13.51
19.95
17.16
Natural Gas Services Group 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
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
41.32
35.09
38.91
48.31
67.11
64.94
88.50
47.39
65.36
79.37
78.74
46.95
44.05
42.19
63.29
55.25
13.51
8.87
19.95
17.98
18.98
16.45
17.16
19.88
NGS vs FET, EROK, CLB: Forward PE Ratio Comparison
For the Oil & Gas Equipment & Services subindustry, Natural Gas Services Group'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.
Natural Gas Services Group Forward PE Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Natural Gas Services Group's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Natural Gas Services Group's Forward PE Ratio falls into.
Natural Gas Services Group Forward PE Ratio Calculation
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.
Natural Gas Services Group (NGS) has a Forward PE Ratio of 19.54 as of Jul. 09, 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 Natural Gas Services Group and its competitors. According to the industry distribution chart, Natural Gas Services Group ranks #424 out of 542 companies in the Oil & Gas industry, placing it in the top 78.2%.
Is Natural Gas Services Group's Forward PE Ratio too high?
Natural Gas Services Group's current Forward PE Ratio is 19.54. The Oil & Gas industry median Forward PE Ratio is 10.88. Natural Gas Services Group's value of 19.54 is 79.6% above this industry median. Based on the distribution chart, Natural Gas Services Group ranks #424 out of 542 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Natural Gas Services Group has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Natural Gas Services Group's Forward PE Ratio compare to FET and EROK?
According to the Oil & Gas industry distribution chart, Natural Gas Services Group ranks #424 out of 542 companies for Forward PE Ratio. This places Natural Gas Services Group in the lower half of its industry. The industry median Forward PE Ratio is 10.88. Natural Gas Services Group's value of 19.54 is 79.6% 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 Oil & Gas company?
The median Forward PE Ratio among Oil & Gas companies is 10.88, based on 542 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. Natural Gas Services Group's current Forward PE Ratio of 19.54 is 79.6% 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 Natural Gas Services Group and its competitors. For the Oil & Gas industry, the median Forward PE Ratio is 10.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Natural Gas Services Group's current Forward PE Ratio is 19.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Natural Gas Services Group stock overvalued right now?
Based on GuruFocus' analysis, Natural Gas Services Group (NGS) is currently considered Significantly Overvalued. The stock's GF Value™ is $28.35, compared to a current price of $40.05 — trading 41.3% above its estimated fair value. The current Forward PE Ratio is 19.54 and 79.6% above the Oil & Gas industry median of 10.88. Natural Gas Services Group's overall GF Score™ is 78/100 with 8 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 Natural Gas Services Group (NGS), the current Forward PE Ratio is 19.54 as of Jul. 09, 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 Natural Gas Services Group (NGS) Overvalued in 2026?
Based on GuruFocus' analysis, Natural Gas Services Group stock appears to be overvalued.
The current stock price of $40.05 is trading 41.3% above its estimated GF Value™ of $28.35.
GuruFocus considers Natural Gas Services Group to be Significantly Overvalued.
Key valuation signals for NGS:
Forward PE Ratio: 19.54
GF Value™: $28.35 vs. price of $40.05 (41.3% above fair value)
Industry Position: 79.6% above the Oil & Gas median (#424 of 542)
No single metric tells the full story. See the NGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Natural Gas Services Group Inc provides natural gas compression equipment and services to the energy industry. The company manufactures, fabricates, rents, sells, and maintains natural gas compressors and flare systems for oil and natural gas production and plant facilities. Its operating units include Rental, Sales, and Aftermarket services. It operates in one reporting segment. The company generates the majority of its revenue by renting out low- to medium-horsepower compression equipment to natural gas production companies in unconventional oil and gas regions of the United States.
78GF Score
Get the complete analysis for NGS
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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