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Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) 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 .
Malaysia Marine and Heavy Engineering Holdings Bhd Forward PE Ratio Related Terms
Malaysia Marine and Heavy Engineering Holdings Bhd 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.
Malaysia Marine and Heavy Engineering Holdings Bhd Forward PE Ratio Chart
Malaysia Marine and Heavy Engineering Holdings Bhd Annual Data
Trend
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
10.70
13.39
12.39
22.32
4.81
6.70
Malaysia Marine and Heavy Engineering Holdings Bhd Quarterly Data
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
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
10.70
16.29
232.56
12.35
13.39
21.05
13.81
8.12
12.39
11.07
9.80
11.17
22.32
16.37
14.51
5.71
4.81
4.75
6.23
8.28
6.70
5.59
XKLS:5186 vs SLB, BKR, HAL: Forward PE Ratio Comparison
For the Oil & Gas Equipment & Services subindustry, Malaysia Marine and Heavy Engineering Holdings Bhd'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.
Malaysia Marine and Heavy Engineering Holdings Bhd Forward PE Ratio vs Oil & Gas Industry
Malaysia Marine and Heavy Engineering Holdings Bhd 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.
Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) has a Forward PE Ratio of 5.48 as of Jul. 26, 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 Malaysia Marine and Heavy Engineering Holdings Bhd and its competitors. According to the industry distribution chart, Malaysia Marine and Heavy Engineering Holdings Bhd ranks #79 out of 543 companies in the Oil & Gas industry, placing it in the top 14.5%.
Is Malaysia Marine and Heavy Engineering Holdings Bhd's Forward PE Ratio too high?
Malaysia Marine and Heavy Engineering Holdings Bhd's current Forward PE Ratio is 5.48. The Oil & Gas industry median Forward PE Ratio is 11.28. Malaysia Marine and Heavy Engineering Holdings Bhd's value of 5.48 is 51.4% below this industry median. Based on the distribution chart, Malaysia Marine and Heavy Engineering Holdings Bhd ranks #79 out of 543 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Malaysia Marine and Heavy Engineering Holdings Bhd has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Malaysia Marine and Heavy Engineering Holdings Bhd's Forward PE Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Malaysia Marine and Heavy Engineering Holdings Bhd ranks #79 out of 543 companies for Forward PE Ratio. This places Malaysia Marine and Heavy Engineering Holdings Bhd in the top 15% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 11.28. Malaysia Marine and Heavy Engineering Holdings Bhd's value of 5.48 is 51.4% below 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 11.28, based on 543 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. Malaysia Marine and Heavy Engineering Holdings Bhd's current Forward PE Ratio of 5.48 is 51.4% below 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 Malaysia Marine and Heavy Engineering Holdings Bhd and its competitors. For the Oil & Gas industry, the median Forward PE Ratio is 11.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Malaysia Marine and Heavy Engineering Holdings Bhd's current Forward PE Ratio is 5.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malaysia Marine and Heavy Engineering Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.31, compared to a current price of RM0.35 — trading 11.3% above its estimated fair value. The current Forward PE Ratio is 5.48 and 51.4% below the Oil & Gas industry median of 11.28. Malaysia Marine and Heavy Engineering Holdings Bhd's overall GF Score™ is 51/100 with 4 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 Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186), the current Forward PE Ratio is 5.48 as of Jul. 26, 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 Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) Overvalued in 2026?
Based on GuruFocus' analysis, Malaysia Marine and Heavy Engineering Holdings Bhd stock appears to be overvalued.
The current stock price of RM0.35 is trading 11.3% above its estimated GF Value™ of RM0.31.
GuruFocus considers Malaysia Marine and Heavy Engineering Holdings Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:5186:
Forward PE Ratio: 5.48
GF Value™: RM0.31 vs. price of RM0.35 (11.3% above fair value)
Industry Position: 51.4% below the Oil & Gas median (#79 of 543)
No single metric tells the full story. See the XKLS:5186 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Malaysia Marine and Heavy Engineering Holdings Bhd Business Description
Malaysia Marine and Heavy Engineering Holdings Bhd delivers integrated solutions across offshore and onshore facilities as well as marine vessels. The company provides a comprehensive suite of marine repair, conversion and refurbishment services, with a specialized focus on LNG carrier repairs. It is also actively engaged in new and renewable energy and decarbonisation-related works, including the fabrication and construction of carbon capture facilities, offshore wind farm substations, and green hydrogen infrastructure. The company's segments include the Heavy Engineering segment, which provides services for oil and gas engineering and construction works, and the Marine segment, which provides marine conversion works and repair services.
51GF Score
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