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NWPX Infrastructure (NAS:NWPX) 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 .
NWPX Infrastructure Forward PE Ratio Related Terms
NWPX Infrastructure Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for NWPX Infrastructure'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.
NWPX Infrastructure Forward PE Ratio Chart
NWPX Infrastructure Annual Data
Trend
2017-12
2018-12
2023-12
2024-12
2025-12
Forward PE Ratio
34.84
17.27
13.16
13.98
16.75
NWPX Infrastructure Quarterly Data
2017-09
2017-12
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
2019-09
2023-09
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
54.35
34.84
59.52
322.58
14.62
17.27
15.48
15.72
10.65
11.19
13.16
15.87
15.36
14.20
13.98
12.20
14.19
13.93
16.75
18.03
31.36
NWPX vs MTUS, WS, MSB: Forward PE Ratio Comparison
For the Steel subindustry, NWPX Infrastructure'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.
NWPX Infrastructure Forward PE Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, NWPX Infrastructure's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where NWPX Infrastructure'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.
NWPX Infrastructure (NWPX) has a Forward PE Ratio of 22.89 as of Aug. 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 NWPX Infrastructure and its competitors. According to the industry distribution chart, NWPX Infrastructure ranks #136 out of 178 companies in the Steel industry, placing it in the top 76.4%.
Is NWPX Infrastructure's Forward PE Ratio too high?
NWPX Infrastructure's current Forward PE Ratio is 22.89. The Steel industry median Forward PE Ratio is 14.69. NWPX Infrastructure's value of 22.89 is 55.8% above this industry median. Based on the distribution chart, NWPX Infrastructure ranks #136 out of 178 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, NWPX Infrastructure has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NWPX Infrastructure's Forward PE Ratio compare to MTUS and WS?
According to the Steel industry distribution chart, NWPX Infrastructure ranks #136 out of 178 companies for Forward PE Ratio. This places NWPX Infrastructure in the lower half of its industry. The industry median Forward PE Ratio is 14.69. NWPX Infrastructure's value of 22.89 is 55.8% 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 Steel company?
The median Forward PE Ratio among Steel companies is 14.69, based on 178 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. NWPX Infrastructure's current Forward PE Ratio of 22.89 is 55.8% 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 NWPX Infrastructure and its competitors. For the Steel industry, the median Forward PE Ratio is 14.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NWPX Infrastructure's current Forward PE Ratio is 22.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NWPX Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, NWPX Infrastructure (NWPX) is currently considered Significantly Overvalued. The stock's GF Value™ is $54.84, compared to a current price of $124.15 — trading 126.4% above its estimated fair value. The current Forward PE Ratio is 22.89 and 55.8% above the Steel industry median of 14.69. NWPX Infrastructure's overall GF Score™ is 69/100 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 NWPX Infrastructure (NWPX), the current Forward PE Ratio is 22.89 as of Aug. 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 NWPX Infrastructure (NWPX) Overvalued in 2026?
Based on GuruFocus' analysis, NWPX Infrastructure stock appears to be overvalued.
The current stock price of $124.15 is trading 126.4% above its estimated GF Value™ of $54.84.
GuruFocus considers NWPX Infrastructure to be Significantly Overvalued.
Key valuation signals for NWPX:
Forward PE Ratio: 22.89
GF Value™: $54.84 vs. price of $124.15 (126.4% above fair value)
Industry Position: 55.8% above the Steel median (#136 of 178)
No single metric tells the full story. See the NWPX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NWPX Infrastructure Inc is a manufacturer of water-related infrastructure products, and operates in two segments, Water Transmission Systems (WTS), operating as the Northwest Pipe Company brand, and Precast Infrastructure and Engineered Systems (Precast), which includes the brands NWPX Geneva and NWPX Park. WTS manufactures large-diameter, high-pressure steel pipeline systems for use in water infrastructure applications, which are related to drinking water systems. Precast manufactures stormwater and wastewater technology products, high-quality precast and reinforced concrete products, including reinforced concrete pipe (RCP), manholes, box culverts, vaults, and catch basins, pump lift stations, oil water separators, biofiltration units, and other environmental and engineered solutions.
69GF Score
Get the complete analysis for NWPX
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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