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Westinghouse Air Brake Technologies (NYSE:WAB) 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 .
Westinghouse Air Brake Technologies Forward PE Ratio Related Terms
Westinghouse Air Brake Technologies Forward PE Ratio Historical Data
* 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.
Westinghouse Air Brake Technologies Forward PE Ratio Chart
Westinghouse Air Brake Technologies 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
15.67
19.31
19.96
15.06
16.42
17.42
17.70
17.86
19.23
22.52
21.56
Westinghouse Air Brake Technologies Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2017-09
2017-12
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
2019-09
2019-12
2020-03
2020-06
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-03
2024-06
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
15.67
16.92
16.16
17.95
19.31
19.08
22.73
17.99
19.96
21.37
25.38
22.68
15.06
18.02
17.95
14.62
16.42
10.12
16.42
14.43
17.42
17.83
18.83
17.51
17.70
18.69
16.84
14.39
17.86
18.21
19.76
17.01
19.23
21.28
23.09
22.52
21.10
23.83
19.47
21.56
23.21
WAB vs NSC, CSX, TRN: Forward PE Ratio Comparison
For the Railroads subindustry, Westinghouse Air Brake Technologies'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.
Westinghouse Air Brake Technologies Forward PE Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Westinghouse Air Brake Technologies's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Westinghouse Air Brake Technologies's Forward PE Ratio falls into.
Westinghouse Air Brake Technologies 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.
Westinghouse Air Brake Technologies (WAB) has a Forward PE Ratio of 24.71 as of Jul. 14, 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 Westinghouse Air Brake Technologies and its competitors. According to the industry distribution chart, Westinghouse Air Brake Technologies ranks #385 out of 490 companies in the Transportation industry, placing it in the top 78.6%.
Is Westinghouse Air Brake Technologies' Forward PE Ratio too high?
Westinghouse Air Brake Technologies' current Forward PE Ratio is 24.71. The Transportation industry median Forward PE Ratio is 13.64. Westinghouse Air Brake Technologies' value of 24.71 is 81.2% above this industry median. Based on the distribution chart, Westinghouse Air Brake Technologies ranks #385 out of 490 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Westinghouse Air Brake Technologies has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Westinghouse Air Brake Technologies' Forward PE Ratio compare to NSC and CSX?
According to the Transportation industry distribution chart, Westinghouse Air Brake Technologies ranks #385 out of 490 companies for Forward PE Ratio. This places Westinghouse Air Brake Technologies in the lower half of its industry. The industry median Forward PE Ratio is 13.64. Westinghouse Air Brake Technologies' value of 24.71 is 81.2% 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 Transportation company?
The median Forward PE Ratio among Transportation companies is 13.64, based on 490 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. Westinghouse Air Brake Technologies's current Forward PE Ratio of 24.71 is 81.2% 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 Westinghouse Air Brake Technologies and its competitors. For the Transportation industry, the median Forward PE Ratio is 13.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Westinghouse Air Brake Technologies's current Forward PE Ratio is 24.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westinghouse Air Brake Technologies stock overvalued right now?
Based on GuruFocus' analysis, Westinghouse Air Brake Technologies (WAB) is currently considered Modestly Overvalued. The stock's GF Value™ is $213.77, compared to a current price of $262.02 — trading 22.6% above its estimated fair value. The current Forward PE Ratio is 24.71 and 81.2% above the Transportation industry median of 13.64. Westinghouse Air Brake Technologies' overall GF Score™ is 90/100 with 7 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 Westinghouse Air Brake Technologies (WAB), the current Forward PE Ratio is 24.71 as of Jul. 14, 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 Westinghouse Air Brake Technologies (WAB) Overvalued in 2026?
Based on GuruFocus' analysis, Westinghouse Air Brake Technologies stock appears to be overvalued.
The current stock price of $262.02 is trading 22.6% above its estimated GF Value™ of $213.77.
GuruFocus considers Westinghouse Air Brake Technologies to be Modestly Overvalued.
Key valuation signals for WAB:
Forward PE Ratio: 24.71
GF Value™: $213.77 vs. price of $262.02 (22.6% above fair value)
Industry Position: 81.2% above the Transportation median (#385 of 490)
No single metric tells the full story. See the WAB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Westinghouse Air Brake Technologies Business Description
Westinghouse Air Brake Technologies Corp provides value-added, technology-based products and services for the freight rail and passenger transit industries and the mining, marine, and industrial markets. It provides its products and services through two main business segments: Freight and Transit. The company generates maximum revenue from the Freight segment, which manufactures new and modernized locomotives, provides aftermarket parts and services to existing locomotives, provides components to new and existing freight cars; builds new commuter locomotives; supplies rail control and infrastructure products, including electronics, positive train control equipment, signal design, and engineering services. Geographically, it generates a majority of its revenue from the United States.
90GF Score
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