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South BowSOBO +0.05%15 Forward PE Ratio is 21.48 as of Jul. 16, 2026. GuruFocus rates SOBO with a GF Score™ of 15/100. The stock has 13 warning signs investors should review. Among 543 Oil & Gas companies, South Bow ranks worse than 79.19% on this metric.
South Bow (NYSE:SOBO) 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 .
South Bow Forward PE Ratio Related Terms
South Bow Forward PE Ratio Historical Data
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The historical data trend for South Bow'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.
South Bow Forward PE Ratio Chart
South Bow Annual Data
Trend
2025-12
Forward PE Ratio
16.07
South Bow Quarterly Data
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
16.22
16.69
15.58
16.07
19.19
SOBO vs WMB, EPD, KMI: Forward PE Ratio Comparison
For the Oil & Gas Midstream subindustry, South Bow'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.
South Bow Forward PE Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, South Bow's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where South Bow'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.
South Bow (SOBO) has a Forward PE Ratio of 21.48 as of Jul. 16, 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 South Bow and its competitors. According to the industry distribution chart, South Bow ranks #430 out of 543 companies in the Oil & Gas industry, placing it in the top 79.2%.
Is South Bow's Forward PE Ratio too high?
South Bow's current Forward PE Ratio is 21.48. The Oil & Gas industry median Forward PE Ratio is 10.74. South Bow's value of 21.48 is 100% above this industry median. Based on the distribution chart, South Bow ranks #430 out of 543 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, South Bow has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does South Bow's Forward PE Ratio compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, South Bow ranks #430 out of 543 companies for Forward PE Ratio. This places South Bow in the lower half of its industry. The industry median Forward PE Ratio is 10.74. South Bow's value of 21.48 is 100% 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 10.74, based on 543 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. South Bow's current Forward PE Ratio of 21.48 is 100% 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 South Bow and its competitors. For the Oil & Gas industry, the median Forward PE Ratio is 10.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. South Bow's current Forward PE Ratio is 21.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South Bow stock overvalued right now?
South Bow (SOBO) has a current Forward PE Ratio of 21.48. The current Forward PE Ratio is 21.48 and 100% above the Oil & Gas industry median of 10.74. South Bow's overall GF Score™ is 15/100 with 13 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 South Bow (SOBO), the current Forward PE Ratio is 21.48 as of Jul. 16, 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.
South Bow Corp is a energy infrastructure company. The company is engaged in constructing pipelines system safely transports liquids like crude oil, across Canadian provinces, U.S. states, and Gulf coasts. It has three reportable segments: Keystone Pipeline System, Marketing, and Intra-Alberta & Other. It derives maximum revenue from Keystone Pipeline System segment. The company's projects and pipelines include: Blackrod connection project; Grand Rapids Pipeline System; Marketlink Pipeline System; Keystone Pipeline System; Port Neches Link; and White Spruce Pipeline System.
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