OTIS (Otis Worldwide) Forward PE Ratio: 17.57 (As of Jul. 21, 2026)

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OTIS Otis Worldwide Corp OTIS
76 GF Score
Price $73.48
GF Value $101.57
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Otis Worldwide Forward PE Ratio?

Otis Worldwide OTIS +0.04% 76 Forward PE Ratio is 17.57 as of Jul. 21, 2026. GuruFocus rates OTIS with a GF Score™ of 76/100 and a GF Value™ of $101.57 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,290 Industrial Products companies, Otis Worldwide ranks better than 54.26% on this metric.

Otis Worldwide's Forward PE Ratio for today is 17.57.

Otis Worldwide's PE Ratio without NRI for today is 18.28.

Otis Worldwide's PE Ratio (TTM) for today is 19.54.


Otis Worldwide  (NYSE:OTIS) 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 .


Otis Worldwide Forward PE Ratio Related Terms


Otis Worldwide Forward PE Ratio Historical Data

* Premium members only.

The historical data trend for Otis Worldwide'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.

Otis Worldwide Forward PE Ratio Chart

Otis Worldwide Annual Data
Trend 2020-12 2021-12 2022-12 2023-12 2024-12 2025-12
Forward PE Ratio
25.51 26.60 22.52 22.83 22.45 19.65

Otis Worldwide Quarterly Data
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 2023-09 2023-12 2024-03 2024-06 2024-09 2024-12 2025-03 2025-06 2025-09 2025-12 2026-03
Forward PE Ratio 26.81 24.15 25.51 25.13 28.74 26.32 26.60 23.58 21.69 17.86 22.52 24.39 25.71 20.12 22.83 25.51 24.63 24.75 22.45 25.16 24.32 20.63 19.65 17.50

OTIS vs INIO, XYL, DOV: Forward PE Ratio Comparison

For the Specialty Industrial Machinery subindustry, Otis Worldwide'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.


Otis Worldwide Forward PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Otis Worldwide's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Otis Worldwide's Forward PE Ratio falls into.


OTIS
76GF Score
Otis Worldwide Corp OTIS
Forward PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Otis Worldwide 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.

Frequently Asked Questions Learn more about Forward PE Ratio →
What does a Forward PE Ratio of 17.57 mean?
Otis Worldwide (OTIS) has a Forward PE Ratio of 17.57 as of Jul. 21, 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 Otis Worldwide and its competitors. According to the industry distribution chart, Otis Worldwide ranks #590 out of 1290 companies in the Industrial Products industry, placing it in the top 45.7%.
Is Otis Worldwide's Forward PE Ratio too high?
Otis Worldwide's current Forward PE Ratio is 17.57. The Industrial Products industry median Forward PE Ratio is 18.92. Otis Worldwide's value of 17.57 is 7.1% below this industry median. Based on the distribution chart, Otis Worldwide ranks #590 out of 1290 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Otis Worldwide has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Otis Worldwide's Forward PE Ratio compare to INIO and XYL?
According to the Industrial Products industry distribution chart, Otis Worldwide ranks #590 out of 1290 companies for Forward PE Ratio. This puts Otis Worldwide in the upper half of its industry. The industry median Forward PE Ratio is 18.92. Otis Worldwide's value of 17.57 is 7.1% below 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 Industrial Products company?
The median Forward PE Ratio among Industrial Products companies is 18.92, based on 1,290 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. Otis Worldwide's current Forward PE Ratio of 17.57 is 7.1% below 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 Otis Worldwide and its competitors. For the Industrial Products industry, the median Forward PE Ratio is 18.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Otis Worldwide's current Forward PE Ratio is 17.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Otis Worldwide stock overvalued right now?
Based on GuruFocus' analysis, Otis Worldwide (OTIS) is currently considered Modestly Undervalued. The stock's GF Value™ is $101.57, compared to a current price of $73.48 — trading 27.7% below its estimated fair value. The current Forward PE Ratio is 17.57 and 7.1% below the Industrial Products industry median of 18.92. Otis Worldwide's overall GF Score™ is 76/100 with 3 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 Otis Worldwide (OTIS), the current Forward PE Ratio is 17.57 as of Jul. 21, 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 Otis Worldwide (OTIS) Overvalued in 2026?

Based on GuruFocus' analysis, Otis Worldwide stock appears to be undervalued. The current stock price of $73.48 is trading 27.7% below its estimated GF Value™ of $101.57. GuruFocus considers Otis Worldwide to be Modestly Undervalued.

Key valuation signals for OTIS:

  • Forward PE Ratio: 17.57
  • GF Value™: $101.57 vs. price of $73.48 (27.7% below fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 7.1% below the Industrial Products median (#590 of 1290)

No single metric tells the full story. See the OTIS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Otis Worldwide Business Description

Address One Carrier Place, Farmington, CT, USA, 06032
Otis is the largest global elevator and escalator supplier by revenue with around 18% global market share. In 1854 Otis' founder and namesake Elisha Graves Otis, invented a safety mechanism that prevented elevators from falling if the hoisting cable failed. The company's product and service lifecycle begins with installations of elevator units in new buildings, later selling maintenance services on the units, and eventually replacement of the units after the average 15- to 20-year useful life of an elevator. As the largest global OEM, Otis has amassed an installed base under service that exceeds 2 million elevators. Its business model is similar to that of its closest competitors Kone, Schindler, and TK Elevator.
76GF Score

Get the complete analysis for OTIS

Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$73.48
Price
$101.57
GF Value