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Petronas Gas Bhd (XKLS:6033) 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 .
Petronas Gas Bhd Forward PE Ratio Related Terms
Petronas Gas Bhd Forward PE Ratio Historical Data
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The historical data trend for Petronas Gas Bhd'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.
Petronas Gas Bhd Forward PE Ratio Chart
Petronas Gas Bhd Annual Data
Trend
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
17.39
18.25
18.02
17.42
18.33
18.95
Petronas Gas Bhd Quarterly Data
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
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
16.47
17.39
15.80
15.72
16.72
18.25
17.04
16.42
17.30
18.02
17.21
17.42
17.33
17.42
17.64
18.08
17.92
18.33
17.84
18.87
18.74
18.95
19.19
XKLS:6033 vs XOM, CVX: Forward PE Ratio Comparison
For the Oil & Gas Integrated subindustry, Petronas Gas 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.
Petronas Gas Bhd Forward PE Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Petronas Gas Bhd's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Petronas Gas Bhd'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.
Petronas Gas Bhd (XKLS:6033) has a Forward PE Ratio of 18.72 as of Aug. 03, 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 Petronas Gas Bhd and its competitors. According to the industry distribution chart, Petronas Gas Bhd ranks #409 out of 545 companies in the Oil & Gas industry, placing it in the top 75%.
Is Petronas Gas Bhd's Forward PE Ratio too high?
Petronas Gas Bhd's current Forward PE Ratio is 18.72. The Oil & Gas industry median Forward PE Ratio is 10.85. Petronas Gas Bhd's value of 18.72 is 72.5% above this industry median. Based on the distribution chart, Petronas Gas Bhd ranks #409 out of 545 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Petronas Gas Bhd has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Petronas Gas Bhd's Forward PE Ratio compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Petronas Gas Bhd ranks #409 out of 545 companies for Forward PE Ratio. This places Petronas Gas Bhd in the lower half of its industry. The industry median Forward PE Ratio is 10.85. Petronas Gas Bhd's value of 18.72 is 72.5% 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 an Oil & Gas company?
The median Forward PE Ratio among Oil & Gas companies is 10.85, based on 545 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. Petronas Gas Bhd's current Forward PE Ratio of 18.72 is 72.5% 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 Petronas Gas Bhd and its competitors. For the Oil & Gas industry, the median Forward PE Ratio is 10.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Petronas Gas Bhd's current Forward PE Ratio is 18.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petronas Gas Bhd stock overvalued right now?
Based on GuruFocus' analysis, Petronas Gas Bhd (XKLS:6033) is currently considered Fairly Valued. The stock's GF Value™ is RM17.75, compared to a current price of RM17.54 — trading 1.2% below its estimated fair value. The current Forward PE Ratio is 18.72 and 72.5% above the Oil & Gas industry median of 10.85. Petronas Gas Bhd's overall GF Score™ is 84/100 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 Petronas Gas Bhd (XKLS:6033), the current Forward PE Ratio is 18.72 as of Aug. 03, 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 Petronas Gas Bhd (XKLS:6033) Overvalued in 2026?
Based on GuruFocus' analysis, Petronas Gas Bhd stock appears to be undervalued.
The current stock price of RM17.54 is trading 1.2% below its estimated GF Value™ of RM17.75.
GuruFocus considers Petronas Gas Bhd to be Fairly Valued.
Key valuation signals for XKLS:6033:
Forward PE Ratio: 18.72
GF Value™: RM17.75 vs. price of RM17.54 (1.2% below fair value)
Industry Position: 72.5% above the Oil & Gas median (#409 of 545)
No single metric tells the full story. See the XKLS:6033 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Petronas Gas Bhd is a Malaysian gas infrastructure and utilities company, of which Malaysia's nationalized oil corporation, PETRONAS, holds a majority interest. Petronas Gas segments its primary operations into Gas Processing, Gas Transportation, Utilities, and Regasification businesses. While each of these contributes significantly to the company's total revenue, its Utilities and Gas Processing units combine to generate the majority. In Gas Processing, Petronas Gas receives processing fees under multi-year contracts by processing natural gas piped offshore for its parent company, PETRONAS. The Gas Transportation business encompasses the transmission of offshore natural gas through pipelines to customers in Malaysia and Singapore under multi-year agreements with PETRONAS.
84GF Score
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