Outfront Media (NYSE:OUT) 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 .
Outfront Media Forward PE Ratio Related Terms
Outfront Media Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Outfront Media'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.
Outfront Media Forward PE Ratio Chart
Outfront Media Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
29.07
33.56
23.20
18.21
21.79
98.04
35.71
17.04
23.64
20.93
19.62
Outfront Media 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
2020-09
2020-12
2021-03
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
29.07
25.64
37.17
33.11
33.56
33.44
30.40
26.53
23.20
20.58
18.69
18.83
18.21
20.53
20.79
21.01
21.79
9.38
18.94
98.04
111.11
54.05
35.71
33.78
20.41
14.06
17.04
25.38
20.96
11.10
23.64
25.06
22.52
23.20
20.93
18.31
20.10
19.15
19.62
20.77
OUT vs FRMI, RYN, EPR: Forward PE Ratio Comparison
For the REIT - Specialty subindustry, Outfront Media'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.
Outfront Media Forward PE Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Outfront Media's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Outfront Media'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.
Outfront Media (OUT) has a Forward PE Ratio of 24.85 as of Jun. 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 Outfront Media and its competitors. According to the industry distribution chart, Outfront Media ranks #320 out of 463 companies in the REITs industry, placing it in the top 69.1%.
Is Outfront Media's Forward PE Ratio too high?
Outfront Media's current Forward PE Ratio is 24.85. The REITs industry median Forward PE Ratio is 16.41. Outfront Media's value of 24.85 is 51.4% above this industry median. Based on the distribution chart, Outfront Media ranks #320 out of 463 companies in the REITs industry, which is below the industry midpoint. Overall, Outfront Media has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Outfront Media's Forward PE Ratio compare to FRMI and RYN?
According to the REITs industry distribution chart, Outfront Media ranks #320 out of 463 companies for Forward PE Ratio. This places Outfront Media in the lower half of its industry. The industry median Forward PE Ratio is 16.41. Outfront Media's value of 24.85 is 51.4% 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 a REITs company?
The median Forward PE Ratio among REITs companies is 16.41, based on 463 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. Outfront Media's current Forward PE Ratio of 24.85 is 51.4% 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 Outfront Media and its competitors. For the REITs industry, the median Forward PE Ratio is 16.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Outfront Media's current Forward PE Ratio is 24.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Outfront Media stock overvalued right now?
Based on GuruFocus' analysis, Outfront Media (OUT) is currently considered Significantly Overvalued. The stock's GF Value™ is $16.54, compared to a current price of $32.70 — trading 97.7% above its estimated fair value. The current Forward PE Ratio is 24.85 and 51.4% above the REITs industry median of 16.41. Outfront Media's overall GF Score™ is 61/100 with 10 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 Outfront Media (OUT), the current Forward PE Ratio is 24.85 as of Jun. 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 Outfront Media (OUT) Overvalued in 2026?
Based on GuruFocus' analysis, Outfront Media stock appears to be overvalued.
The current stock price of $32.70 is trading 97.7% above its estimated GF Value™ of $16.54.
GuruFocus considers Outfront Media to be Significantly Overvalued.
Key valuation signals for OUT:
Forward PE Ratio: 24.85
GF Value™: $16.54 vs. price of $32.70 (97.7% above fair value)
Industry Position: 51.4% above the REITs median (#320 of 463)
No single metric tells the full story. See the OUT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Outfront Media Inc is a real estate investment trust involved in the ownership of advertising space on its portfolio of billboards and transit displays. The company has two reportable operating segments: Billboard and Transit. It derives maximum revenue from Billboard Segment. The company geographically operates in United States and Canada, of which United States derive maximum revenue.
61GF Score
Get the complete analysis for OUT
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
OUT has been successfully added to your 