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Veolia Environnement (OTCPK:VEOEY) 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 .
Veolia Environnement Forward PE Ratio Related Terms
Veolia Environnement Forward PE Ratio Historical Data
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The historical data trend for Veolia Environnement'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.
Veolia Environnement Forward PE Ratio Chart
Veolia Environnement Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
21.83
12.58
18.59
14.71
17.30
16.81
21.98
14.25
13.35
5.97
12.75
Veolia Environnement Semi-Annual Data
2015-12
2016-06
2016-12
2017-06
2017-12
2018-06
2018-12
2019-06
2019-12
2020-06
2020-12
2021-06
2021-12
2022-06
2022-12
2023-06
2023-12
2024-06
2024-12
2025-06
2025-12
Forward PE Ratio
21.83
18.28
12.58
19.31
18.59
16.98
14.71
17.83
17.30
22.22
16.81
19.01
21.98
16.16
14.25
16.42
13.35
13.39
5.97
14.80
12.75
VEOEY vs WM, RSG, WCN: Forward PE Ratio Comparison
For the Waste Management subindustry, Veolia Environnement'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.
Veolia Environnement Forward PE Ratio vs Waste Management Industry
For the Waste Management industry and Industrials sector, Veolia Environnement's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Veolia Environnement'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.
Veolia Environnement (VEOEY) has a Forward PE Ratio of 15.87 as of Jul. 18, 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 Veolia Environnement and its competitors. According to the industry distribution chart, Veolia Environnement ranks #50 out of 92 companies in the Waste Management industry, placing it in the top 54.3%.
Is Veolia Environnement's Forward PE Ratio too high?
Veolia Environnement's current Forward PE Ratio is 15.87. The Waste Management industry median Forward PE Ratio is 15.18. Veolia Environnement's value of 15.87 is 4.6% above this industry median. Based on the distribution chart, Veolia Environnement ranks #50 out of 92 companies in the Waste Management industry, which is below the industry midpoint. Overall, Veolia Environnement has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Veolia Environnement's Forward PE Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Veolia Environnement ranks #50 out of 92 companies for Forward PE Ratio. This places Veolia Environnement in the lower half of its industry. The industry median Forward PE Ratio is 15.18. Veolia Environnement's value of 15.87 is 4.6% 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 15.18, based on 92 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. Veolia Environnement's current Forward PE Ratio of 15.87 is 4.6% 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 Veolia Environnement and its competitors. For the Waste Management industry, the median Forward PE Ratio is 15.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veolia Environnement's current Forward PE Ratio is 15.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veolia Environnement stock overvalued right now?
Based on GuruFocus' analysis, Veolia Environnement (VEOEY) is currently considered Modestly Overvalued. The stock's GF Value™ is $16.67, compared to a current price of $21.36 — trading 28.1% above its estimated fair value. The current Forward PE Ratio is 15.87 and 4.6% above the Waste Management industry median of 15.18. Veolia Environnement's overall GF Score™ is 80/100 with 10 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 Veolia Environnement (VEOEY), the current Forward PE Ratio is 15.87 as of Jul. 18, 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 Veolia Environnement (VEOEY) Overvalued in 2026?
Based on GuruFocus' analysis, Veolia Environnement stock appears to be overvalued.
The current stock price of $21.36 is trading 28.1% above its estimated GF Value™ of $16.67.
GuruFocus considers Veolia Environnement to be Modestly Overvalued.
Key valuation signals for VEOEY:
Forward PE Ratio: 15.87
GF Value™: $16.67 vs. price of $21.36 (28.1% above fair value)
Industry Position: 4.6% above the Waste Management median (#50 of 92)
No single metric tells the full story. See the VEOEY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Veolia is the largest water company globally and a leading player in France. It is also involved in waste management with significant exposure to France, the United Kingdom, Germany, the United States, and Australia. The third pillar of the group is energy services, giving the group significant exposure to Central Europe. Veolia started to refocus its activities in 2011, leading to the exit of almost half of its countries and its transport activity The integration of most activities of Suez in 2022 drove an EBITDA increase of nearly 40%.
80GF Score
Get the complete analysis for VEOEY
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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