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The Westaim (TSXV:WED) 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 .
The Westaim Forward PE Ratio Related Terms
The Westaim Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for The Westaim'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.
The Westaim Forward PE Ratio Chart
The Westaim Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2019-12
2020-12
2021-12
2022-12
2023-12
Forward PE Ratio
17.06
21.55
20.75
10.03
9.29
16.89
5.43
8.41
55.87
The Westaim Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2017-09
2017-12
2018-03
2018-06
2018-12
2019-03
2019-06
2019-09
2019-12
2020-03
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-12
2024-03
2024-06
Forward PE Ratio
17.06
17.06
29.33
17.99
21.55
21.46
42.19
18.05
20.75
11.51
14.43
10.03
10.11
10.48
8.95
9.29
5.55
7.45
16.89
13.79
10.07
7.99
5.43
4.79
7.98
5.16
8.41
9.37
3.76
55.87
270.27
42.19
TSXV:WED vs BLK, BX, KKR: Forward PE Ratio Comparison
For the Asset Management subindustry, The Westaim'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.
The Westaim Forward PE Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, The Westaim's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where The Westaim'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.
The Westaim (TSXV:WED) has a Forward PE Ratio of 72.78 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 The Westaim and its competitors. According to the industry distribution chart, The Westaim ranks #318 out of 326 companies in the Asset Management industry, placing it in the top 97.5%.
Is The Westaim's Forward PE Ratio too high?
The Westaim's current Forward PE Ratio is 72.78. The Asset Management industry median Forward PE Ratio is 11.60. The Westaim's value of 72.78 is 527.4% above this industry median. Based on the distribution chart, The Westaim ranks #318 out of 326 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, The Westaim has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The Westaim's Forward PE Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, The Westaim ranks #318 out of 326 companies for Forward PE Ratio. This places The Westaim in the lower half of its industry. The industry median Forward PE Ratio is 11.60. The Westaim's value of 72.78 is 527.4% 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 an Asset Management company?
The median Forward PE Ratio among Asset Management companies is 11.60, based on 326 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. The Westaim's current Forward PE Ratio of 72.78 is 527.4% 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 The Westaim and its competitors. For the Asset Management industry, the median Forward PE Ratio is 11.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Westaim's current Forward PE Ratio is 72.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Westaim stock overvalued right now?
Based on GuruFocus' analysis, The Westaim (TSXV:WED) is currently considered Fairly Valued. The stock's GF Value™ is C$20.21, compared to a current price of C$22.27 — trading 10.2% above its estimated fair value. The current Forward PE Ratio is 72.78 and 527.4% above the Asset Management industry median of 11.60. The Westaim's overall GF Score™ is 57/100. 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 The Westaim (TSXV:WED), the current Forward PE Ratio is 72.78 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 The Westaim (TSXV:WED) Overvalued in 2026?
Based on GuruFocus' analysis, The Westaim stock appears to be overvalued.
The current stock price of C$22.27 is trading 10.2% above its estimated GF Value™ of C$20.21.
GuruFocus considers The Westaim to be Fairly Valued.
Key valuation signals for TSXV:WED:
Forward PE Ratio: 72.78
GF Value™: C$20.21 vs. price of C$22.27 (10.2% above fair value)
Industry Position: 527.4% above the Asset Management median (#318 of 326)
No single metric tells the full story. See the TSXV:WED stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Westaim Corp is a Canada-based investment company, engaged in providing long-term capital to businesses operating mainly within the financial services industry. The Company's principal investments consist of its investment in Ceres Life and Arena.
57GF Score
Get the complete analysis for TSXV:WED
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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