Technip Energies NV (OTCPK:THNPF) 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 .
Technip Energies NV Forward PE Ratio Related Terms
Technip Energies NV Forward PE Ratio Historical Data
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The historical data trend for Technip Energies NV'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.
Technip Energies NV Forward PE Ratio Chart
Technip Energies NV Annual Data
Trend
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
10.13
11.35
9.36
10.31
12.57
Technip Energies NV Semi-Annual Data
2021-06
2021-12
2022-06
2022-12
2023-06
2023-12
2024-06
2024-12
2025-06
2025-12
Forward PE Ratio
9.81
10.13
10.99
11.35
10.44
9.36
10.41
10.31
15.06
12.57
THNPF vs SLB, BKR, HAL: Forward PE Ratio Comparison
For the Oil & Gas Equipment & Services subindustry, Technip Energies NV'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.
Technip Energies NV Forward PE Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Technip Energies NV's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Technip Energies NV'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.
Technip Energies NV (THNPF) has a Forward PE Ratio of 14.95 as of Jul. 08, 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 Technip Energies NV and its competitors. According to the industry distribution chart, Technip Energies NV ranks #355 out of 542 companies in the Oil & Gas industry, placing it in the top 65.5%.
Is Technip Energies NV's Forward PE Ratio too high?
Technip Energies NV's current Forward PE Ratio is 14.95. The Oil & Gas industry median Forward PE Ratio is 10.73. Technip Energies NV's value of 14.95 is 39.3% above this industry median. Based on the distribution chart, Technip Energies NV ranks #355 out of 542 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Technip Energies NV has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Technip Energies NV's Forward PE Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Technip Energies NV ranks #355 out of 542 companies for Forward PE Ratio. This places Technip Energies NV in the lower half of its industry. The industry median Forward PE Ratio is 10.73. Technip Energies NV's value of 14.95 is 39.3% 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 10.73, 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. Technip Energies NV's current Forward PE Ratio of 14.95 is 39.3% 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 Technip Energies NV and its competitors. For the Oil & Gas industry, the median Forward PE Ratio is 10.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Technip Energies NV's current Forward PE Ratio is 14.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technip Energies NV stock overvalued right now?
Based on GuruFocus' analysis, Technip Energies NV (THNPF) is currently considered Fairly Valued. The stock's GF Value™ is $37.47, compared to a current price of $40.15 — trading 7.2% above its estimated fair value. The current Forward PE Ratio is 14.95 and 39.3% above the Oil & Gas industry median of 10.73. Technip Energies NV's overall GF Score™ is 84/100 with 6 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 Technip Energies NV (THNPF), the current Forward PE Ratio is 14.95 as of Jul. 08, 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 Technip Energies NV (THNPF) Overvalued in 2026?
Based on GuruFocus' analysis, Technip Energies NV stock appears to be overvalued.
The current stock price of $40.15 is trading 7.2% above its estimated GF Value™ of $37.47.
GuruFocus considers Technip Energies NV to be Fairly Valued.
Key valuation signals for THNPF:
Forward PE Ratio: 14.95
GF Value™: $37.47 vs. price of $40.15 (7.2% above fair value)
Industry Position: 39.3% above the Oil & Gas median (#355 of 542)
No single metric tells the full story. See the THNPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Technip Energies NV is an engineering and technology company specialized in providing projects, technologies, products, and services on energy infrastructure both onshore and offshore. Technip Energies is positioned on two operating segments addressing its key markets: Technology Products & Services (TPS) and Project Delivery. Substantial revenue is derived from the Project Delivery segment that provides comprehensive engineering, procurement and construction delivery capabilities globally. Geographically, it operates in Europe & Central Asia; Africa & Middle East; Asia Pacific; and Americas.
84GF Score
Get the complete analysis for THNPF
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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