Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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 .
Aena SME Forward PE Ratio Related Terms
Aena SME Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Aena SME'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.
Aena SME Forward PE Ratio Chart
Aena SME 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
18.94
18.48
20.28
14.60
18.21
45.05
27.70
20.00
14.88
14.80
15.56
Aena SME 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
2020-09
2020-12
2021-03
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
2026-06
Forward PE Ratio
18.94
17.89
15.92
18.15
18.48
20.00
21.60
18.08
20.28
19.05
17.73
15.77
14.60
17.27
18.35
17.30
18.21
11.01
24.10
45.05
131.58
25.97
27.70
24.94
22.99
15.50
20.00
18.45
18.21
12.97
14.88
14.81
15.08
14.86
14.80
16.25
16.27
15.02
15.56
16.55
17.70
XMAD:AENA vs JOBY, CAAP: Forward PE Ratio Comparison
For the Airports & Air Services subindustry, Aena SME'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.
Aena SME Forward PE Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Aena SME's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Aena SME'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.
Aena SME (XMAD:AENA) has a Forward PE Ratio of 17.15 as of Aug. 04, 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 Aena SME and its competitors. According to the industry distribution chart, Aena SME ranks #312 out of 490 companies in the Transportation industry, placing it in the top 63.7%.
Is Aena SME's Forward PE Ratio too high?
Aena SME's current Forward PE Ratio is 17.15. The Transportation industry median Forward PE Ratio is 13.77. Aena SME's value of 17.15 is 24.5% above this industry median. Based on the distribution chart, Aena SME ranks #312 out of 490 companies in the Transportation industry, which is below the industry midpoint. Overall, Aena SME has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aena SME's Forward PE Ratio compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Aena SME ranks #312 out of 490 companies for Forward PE Ratio. This places Aena SME in the lower half of its industry. The industry median Forward PE Ratio is 13.77. Aena SME's value of 17.15 is 24.5% 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 a Transportation company?
The median Forward PE Ratio among Transportation companies is 13.77, 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. Aena SME's current Forward PE Ratio of 17.15 is 24.5% 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 Aena SME and its competitors. For the Transportation industry, the median Forward PE Ratio is 13.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aena SME's current Forward PE Ratio is 17.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aena SME stock overvalued right now?
Based on GuruFocus' analysis, Aena SME (XMAD:AENA) is currently considered Fairly Valued. The stock's GF Value™ is €25.50, compared to a current price of €26.82 — trading 5.2% above its estimated fair value. The current Forward PE Ratio is 17.15 and 24.5% above the Transportation industry median of 13.77. Aena SME's overall GF Score™ is 95/100 with 6 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 Aena SME (XMAD:AENA), the current Forward PE Ratio is 17.15 as of Aug. 04, 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 Aena SME (XMAD:AENA) Overvalued in 2026?
Based on GuruFocus' analysis, Aena SME stock appears to be overvalued.
The current stock price of €26.82 is trading 5.2% above its estimated GF Value™ of €25.50.
GuruFocus considers Aena SME to be Fairly Valued.
Key valuation signals for XMAD:AENA:
Forward PE Ratio: 17.15
GF Value™: €25.50 vs. price of €26.82 (5.2% above fair value)
Industry Position: 24.5% above the Transportation median (#312 of 490)
No single metric tells the full story. See the XMAD:AENA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aena's 46 airports in Spain handle 99.9% of the country's air traffic. Its three busiest airports—Madrid-Barajas, Barcelona-El Prat, and Palma de Mallorca—account for roughly half of Spain's passengers. The dual-till framework in Spain leaves its commercial and real estate businesses completely unregulated, allowing the group to monetize its passenger flow and earn economic rents. It is launching a transformational EUR 13 billion DORA III investment cycle (2027-31) to expand capacity across its Spanish network. The group also controls three airports in the UK (Luton, Leeds Bradford, and Newcastle) and 18 airports in Brazil. It has minority holdings in 12 airports in Mexico and two in Jamaica through its 6.4% look-through stake in Grupo Aeroportuario del Pacifico.
95GF Score
Get the complete analysis for XMAD:AENA
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XMAD:AENA has been successfully added to your 
