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Vertex Resource Group (TSXV:VTX) 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 .
Vertex Resource Group Forward PE Ratio Related Terms
Vertex Resource Group Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Vertex Resource Group'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.
Vertex Resource Group Forward PE Ratio Chart
Vertex Resource Group Annual Data
Trend
2018-12
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
Forward PE Ratio
5.64
21.32
50.00
44.05
4.17
9.50
8.33
Vertex Resource Group Quarterly Data
2018-06
2018-09
2018-12
2019-09
2019-12
2020-03
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
2025-09
Forward PE Ratio
59.88
6.00
5.64
17.01
21.32
14.01
50.00
68.97
24.69
25.97
44.05
13.76
15.60
5.13
4.17
5.71
5.50
4.00
9.50
9.50
10.66
8.33
8.33
4.60
12.50
TSXV:VTX vs WM, RSG, WCN: Forward PE Ratio Comparison
For the Waste Management subindustry, Vertex Resource Group'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.
Vertex Resource Group Forward PE Ratio vs Waste Management Industry
For the Waste Management industry and Industrials sector, Vertex Resource Group's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Vertex Resource Group's Forward PE Ratio falls into.
Vertex Resource Group 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.
Vertex Resource Group (TSXV:VTX) has a Forward PE Ratio of 17.00 as of Aug. 11, 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 Vertex Resource Group and its competitors. According to the industry distribution chart, Vertex Resource Group ranks #47 out of 94 companies in the Waste Management industry, placing it in the top 50%.
Is Vertex Resource Group's Forward PE Ratio too high?
Vertex Resource Group's current Forward PE Ratio is 17.00. The Waste Management industry median Forward PE Ratio is 15.68. Vertex Resource Group's value of 17.00 is 8.5% above this industry median. Based on the distribution chart, Vertex Resource Group ranks #47 out of 94 companies in the Waste Management industry, which is above the industry midpoint. Overall, Vertex Resource Group has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Vertex Resource Group's Forward PE Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Vertex Resource Group ranks #47 out of 94 companies for Forward PE Ratio. This puts Vertex Resource Group in the upper half of its industry. The industry median Forward PE Ratio is 15.68. Vertex Resource Group's value of 17.00 is 8.5% 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 Waste Management company?
The median Forward PE Ratio among Waste Management companies is 15.68, based on 94 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. Vertex Resource Group's current Forward PE Ratio of 17.00 is 8.5% 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 Vertex Resource Group and its competitors. For the Waste Management industry, the median Forward PE Ratio is 15.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vertex Resource Group's current Forward PE Ratio is 17.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vertex Resource Group stock overvalued right now?
Based on GuruFocus' analysis, Vertex Resource Group (TSXV:VTX) is currently considered Possible Value Trap. The stock's GF Value™ is C$0.24, compared to a current price of C$0.16 — trading 33.3% below its estimated fair value. The current Forward PE Ratio is 17.00 and 8.5% above the Waste Management industry median of 15.68. Vertex Resource Group's overall GF Score™ is 47/100 with 5 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 Vertex Resource Group (TSXV:VTX), the current Forward PE Ratio is 17.00 as of Aug. 11, 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 Vertex Resource Group (TSXV:VTX) Overvalued in 2026?
Based on GuruFocus' analysis, Vertex Resource Group stock appears to be undervalued.
The current stock price of C$0.16 is trading 33.3% below its estimated GF Value™ of C$0.24.
GuruFocus considers Vertex Resource Group to be Possible Value Trap.
Key valuation signals for TSXV:VTX:
Forward PE Ratio: 17.00
GF Value™: C$0.24 vs. price of C$0.16 (33.3% below fair value)
Industry Position: 8.5% above the Waste Management median (#47 of 94)
No single metric tells the full story. See the TSXV:VTX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vertex Resource Group Ltd provides environmental consulting and support services to a diverse clientele across Canada and in select locations in the United States. It has two reportable segments: Environmental Consulting and Environmental Services. The majority of the company's revenue is generated from the Environmental Services segment, which consists of a variety of services related to transportation; removal, storage and disposal of materials; and maintenance of facilities, in an environmentally safe manner. Services offered in this segment include fluid management and logistics, waste and recycling, industrial cleaning and maintenance, hydro-excavating, and site services for various industries, including energy, telecommunications, public sector, utilities, mining, and agriculture.
47GF Score
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Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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