Saipem SpASAPMF 53 Forward PE Ratio is 19.69 as of Jul. 09, 2026. GuruFocus rates SAPMF with a GF Score™ of 53/100 and a GF Value™ of $2.90 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 542 Oil & Gas companies, Saipem SpA ranks worse than 77.68% on this metric.
Saipem SpA (OTCPK:SAPMF) 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 .
Saipem SpA Forward PE Ratio Related Terms
Saipem SpA Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Saipem SpA'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.
Saipem SpA Forward PE Ratio Chart
Saipem SpA Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2019-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
21.93
24.94
22.52
15.53
23.31
29.41
5.82
9.73
10.42
Saipem SpA 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
2021-06
2022-12
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
21.93
4.24
12.99
13.87
24.94
20.70
16.08
15.46
22.52
24.94
32.89
24.04
15.53
25.97
32.79
19.65
23.31
14.37
434.78
29.41
5.46
4.77
5.82
9.92
13.32
9.45
9.73
10.00
10.70
8.61
10.42
16.04
SAPMF vs SLB, BKR, HAL: Forward PE Ratio Comparison
For the Oil & Gas Equipment & Services subindustry, Saipem SpA'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.
Saipem SpA Forward PE Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Saipem SpA's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Saipem SpA'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.
Saipem SpA (SAPMF) has a Forward PE Ratio of 19.69 as of Jul. 09, 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 Saipem SpA and its competitors. According to the industry distribution chart, Saipem SpA ranks #421 out of 542 companies in the Oil & Gas industry, placing it in the top 77.7%.
Is Saipem SpA's Forward PE Ratio too high?
Saipem SpA's current Forward PE Ratio is 19.69. The Oil & Gas industry median Forward PE Ratio is 10.88. Saipem SpA's value of 19.69 is 81% above this industry median. Based on the distribution chart, Saipem SpA ranks #421 out of 542 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Saipem SpA has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Saipem SpA's Forward PE Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Saipem SpA ranks #421 out of 542 companies for Forward PE Ratio. This places Saipem SpA in the lower half of its industry. The industry median Forward PE Ratio is 10.88. Saipem SpA's value of 19.69 is 81% 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 10.88, 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. Saipem SpA's current Forward PE Ratio of 19.69 is 81% 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 Saipem SpA and its competitors. For the Oil & Gas industry, the median Forward PE Ratio is 10.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saipem SpA's current Forward PE Ratio is 19.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saipem SpA stock overvalued right now?
Based on GuruFocus' analysis, Saipem SpA (SAPMF) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.90, compared to a current price of $5.02 — trading 73.1% above its estimated fair value. The current Forward PE Ratio is 19.69 and 81% above the Oil & Gas industry median of 10.88. Saipem SpA's overall GF Score™ is 53/100 with 8 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 Saipem SpA (SAPMF), the current Forward PE Ratio is 19.69 as of Jul. 09, 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 Saipem SpA (SAPMF) Overvalued in 2026?
Based on GuruFocus' analysis, Saipem SpA stock appears to be overvalued.
The current stock price of $5.02 is trading 73.1% above its estimated GF Value™ of $2.90.
GuruFocus considers Saipem SpA to be Significantly Overvalued.
Key valuation signals for SAPMF:
Forward PE Ratio: 19.69
GF Value™: $2.90 vs. price of $5.02 (73.1% above fair value)
Industry Position: 81% above the Oil & Gas median (#421 of 542)
No single metric tells the full story. See the SAPMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Saipem SpA specializes in engineering and construction of projects for the energy and infrastructure sectors, offshore and onshore. The company operates through Asset-Based Services, Offshore Drilling, and Energy Carriers segments. Key revenue is generated from Asset-Based Services, which includes the Offshore Engineering & Construction and Offshore Wind activities. The Energy Carriers segment includes the Onshore Engineering & Construction, Sustainable Infrastructures, and Robotics & Industrialized Solutions activities. Its revenue by geographical segment includes Italy, Rest of Europe, CSI, Rest of Asia, etc.
53GF Score
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