NXT Energy Solutions (OTCPK:NSFDF) 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 .
NXT Energy Solutions Forward PE Ratio Related Terms
NXT Energy Solutions Forward PE Ratio Historical Data
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The historical data trend for NXT Energy Solutions'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.
NXT Energy Solutions Forward PE Ratio Chart
NXT Energy Solutions Annual Data
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NXT Energy Solutions Quarterly Data
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NSFDF vs SLB, BKR, HAL: Forward PE Ratio Comparison
For the Oil & Gas Equipment & Services subindustry, NXT Energy Solutions'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.
NXT Energy Solutions Forward PE Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NXT Energy Solutions's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where NXT Energy Solutions'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.
NXT Energy Solutions (NSFDF) has a Forward PE Ratio of 22.95 as of Jul. 06, 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 NXT Energy Solutions and its competitors. According to the industry distribution chart, NXT Energy Solutions ranks #239 out of 542 companies in the Oil & Gas industry, placing it in the top 44.1%.
Is NXT Energy Solutions' Forward PE Ratio too high?
NXT Energy Solutions' current Forward PE Ratio is 22.95. The Oil & Gas industry median Forward PE Ratio is 10.66. NXT Energy Solutions' value of 22.95 is 115.4% above this industry median. Based on the distribution chart, NXT Energy Solutions ranks #239 out of 542 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, NXT Energy Solutions has a GF Score™ of 28/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does NXT Energy Solutions' Forward PE Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, NXT Energy Solutions ranks #239 out of 542 companies for Forward PE Ratio. This puts NXT Energy Solutions in the upper half of its industry. The industry median Forward PE Ratio is 10.66. NXT Energy Solutions' value of 22.95 is 115.4% 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 10.66, 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. NXT Energy Solutions's current Forward PE Ratio of 22.95 is 115.4% 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 NXT Energy Solutions and its competitors. For the Oil & Gas industry, the median Forward PE Ratio is 10.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NXT Energy Solutions's current Forward PE Ratio is 22.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NXT Energy Solutions stock overvalued right now?
Based on GuruFocus' analysis, NXT Energy Solutions (NSFDF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.54, compared to a current price of $0.34 — trading 37.6% below its estimated fair value. The current Forward PE Ratio is 22.95 and 115.4% above the Oil & Gas industry median of 10.66. NXT Energy Solutions' overall GF Score™ is 28/100 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 NXT Energy Solutions (NSFDF), the current Forward PE Ratio is 22.95 as of Jul. 06, 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 NXT Energy Solutions (NSFDF) Overvalued in 2026?
Based on GuruFocus' analysis, NXT Energy Solutions stock appears to be undervalued.
The current stock price of $0.34 is trading 37.6% below its estimated GF Value™ of $0.54.
GuruFocus considers NXT Energy Solutions to be Possible Value Trap.
Key valuation signals for NSFDF:
Forward PE Ratio: 22.95
GF Value™: $0.54 vs. price of $0.34 (37.6% below fair value)
Industry Position: 115.4% above the Oil & Gas median (#239 of 542)
No single metric tells the full story. See the NSFDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NXT Energy Solutions Inc is a Canadian company which offers geophysical service to the upstream oil and gas industry using its gravity-based Stress Field Detection (SFD) remote-sensing survey system. The SFD is an airborne survey system that is used in the oil and natural gas exploration industry to help in identifying areas with hydrocarbon reservoir potential. The SFD system is used to accelerate onshore and offshore exploration over any terrain with the objective of reducing the total time, cost and risk of the exploration cycle, with no environmental footprint or community impact.
28GF Score
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