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KEC International (NSE:KEC) 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 .
KEC International Forward PE Ratio Related Terms
KEC International Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for KEC 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.
KEC International Forward PE Ratio Chart
KEC International Annual Data
Trend
2020-03
2022-03
2025-03
2026-03
Forward PE Ratio
6.68
13.66
20.00
12.82
KEC International Quarterly Data
2019-09
2019-12
2020-03
2020-12
2021-12
2022-03
2022-09
2022-12
2023-09
2023-12
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
12.22
10.71
6.68
12.66
16.78
13.66
30.96
21.93
43.10
24.51
26.78
20.00
24.18
23.20
15.64
12.82
NSE:KEC vs PWR, FIX, EME: Forward PE Ratio Comparison
For the Engineering & Construction subindustry, KEC 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.
KEC International Forward PE Ratio vs Construction Industry
For the Construction industry and Industrials sector, KEC International's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where KEC 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.
KEC International (NSE:KEC) has a Forward PE Ratio of 15.94 as of Jul. 29, 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 KEC International and its competitors. According to the industry distribution chart, KEC International ranks #391 out of 642 companies in the Construction industry, placing it in the top 60.9%.
Is KEC International's Forward PE Ratio too high?
KEC International's current Forward PE Ratio is 15.94. The Construction industry median Forward PE Ratio is 13.72. KEC International's value of 15.94 is 16.2% above this industry median. Based on the distribution chart, KEC International ranks #391 out of 642 companies in the Construction industry, which is below the industry midpoint. Overall, KEC International has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does KEC International's Forward PE Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, KEC International ranks #391 out of 642 companies for Forward PE Ratio. This places KEC International in the lower half of its industry. The industry median Forward PE Ratio is 13.72. KEC International's value of 15.94 is 16.2% 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 a Construction company?
The median Forward PE Ratio among Construction companies is 13.72, based on 642 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. KEC International's current Forward PE Ratio of 15.94 is 16.2% 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 KEC International and its competitors. For the Construction industry, the median Forward PE Ratio is 13.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KEC International's current Forward PE Ratio is 15.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KEC International stock overvalued right now?
Based on GuruFocus' analysis, KEC International (NSE:KEC) is currently considered Possible Value Trap. The stock's GF Value™ is ₹869.47, compared to a current price of ₹466.00 — trading 46.4% below its estimated fair value. The current Forward PE Ratio is 15.94 and 16.2% above the Construction industry median of 13.72. KEC International's overall GF Score™ is 77/100 with 6 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 KEC International (NSE:KEC), the current Forward PE Ratio is 15.94 as of Jul. 29, 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 KEC International (NSE:KEC) Overvalued in 2026?
Based on GuruFocus' analysis, KEC International stock appears to be undervalued.
The current stock price of ₹466.00 is trading 46.4% below its estimated GF Value™ of ₹869.47.
GuruFocus considers KEC International to be Possible Value Trap.
Key valuation signals for NSE:KEC:
Forward PE Ratio: 15.94
GF Value™: ₹869.47 vs. price of ₹466.00 (46.4% below fair value)
Industry Position: 16.2% above the Construction median (#391 of 642)
No single metric tells the full story. See the NSE:KEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KEC International Ltd is an infrastructure engineering, procurement, and construction company. It has a presence in power transmission and distribution, cable manufacturing, railway construction, water resource management, and renewable energy sectors. The company's business segments include EPC and Others. The company generates the majority of its revenue from the EPC segment. Geographically the company generates revenue from India, UAE, Brazil, Mexico & USA, and Others.
77GF Score
Get the complete analysis for NSE:KEC
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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