International Consolidated Airlines Group (XMAD:IAG) Forward PE Ratio: 7.95 (As of Jul. 18, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

XMAD:IAG International Consolidated Airlines Group SA XMAD:IAG
82 GF Score
Price €5.22
GF Value €2.70
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is International Consolidated Airlines Group Forward PE Ratio?

International Consolidated Airlines Group XMAD:IAG -1.25% 82 Forward PE Ratio is 7.95 as of Jul. 18, 2026. GuruFocus rates XMAD:IAG with a GF Score™ of 82/100 and a GF Value™ of €2.70 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 490 Transportation companies, International Consolidated Airlines Group ranks better than 78.78% on this metric.

International Consolidated Airlines Group's Forward PE Ratio for today is 7.95.

International Consolidated Airlines Group's PE Ratio without NRI for today is 0.00.

International Consolidated Airlines Group's PE Ratio (TTM) for today is 6.89.


International Consolidated Airlines Group  (XMAD:IAG) 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 .


International Consolidated Airlines Group Forward PE Ratio Related Terms


International Consolidated Airlines Group Forward PE Ratio Historical Data

* Premium members only.

The historical data trend for International Consolidated Airlines Group'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.

International Consolidated Airlines Group Forward PE Ratio Chart

International Consolidated Airlines Group Annual Data
Trend 2015-12 2016-12 2017-12 2018-12 2019-12 2021-12 2022-12 2023-12 2024-12 2025-12
Forward PE Ratio
8.67 6.04 6.57 5.66 5.88 30.67 6.90 4.43 6.19 6.43

International Consolidated Airlines Group 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 2021-09 2021-12 2022-03 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 8.67 5.81 4.36 5.09 6.04 6.75 7.27 6.42 6.57 6.11 6.57 5.91 5.66 4.93 4.50 4.66 5.88 3.91 26.25 30.67 149.25 5.81 6.90 9.12 7.26 4.59 4.43 4.26 4.10 5.02 6.19 5.24 6.13 6.04 6.43 5.63

XMAD:IAG vs DAL, UAL, LUV: Forward PE Ratio Comparison

For the Airlines subindustry, International Consolidated Airlines Group'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.


International Consolidated Airlines Group Forward PE Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, International Consolidated Airlines Group's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where International Consolidated Airlines Group's Forward PE Ratio falls into.


XMAD:IAG
82GF Score
International Consolidated Airlines Group SA XMAD:IAG
Forward PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

International Consolidated Airlines Group 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.

Frequently Asked Questions Learn more about Forward PE Ratio →
What does a Forward PE Ratio of 7.95 mean?
International Consolidated Airlines Group (XMAD:IAG) has a Forward PE Ratio of 7.95 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 International Consolidated Airlines Group and its competitors. According to the industry distribution chart, International Consolidated Airlines Group ranks #104 out of 490 companies in the Transportation industry, placing it in the top 21.2%.
Is International Consolidated Airlines Group's Forward PE Ratio too high?
International Consolidated Airlines Group's current Forward PE Ratio is 7.95. The Transportation industry median Forward PE Ratio is 13.65. International Consolidated Airlines Group's value of 7.95 is 41.7% below this industry median. Based on the distribution chart, International Consolidated Airlines Group ranks #104 out of 490 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, International Consolidated Airlines Group has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does International Consolidated Airlines Group's Forward PE Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, International Consolidated Airlines Group ranks #104 out of 490 companies for Forward PE Ratio. This places International Consolidated Airlines Group in the top 21% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 13.65. International Consolidated Airlines Group's value of 7.95 is 41.7% 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 a Transportation company?
The median Forward PE Ratio among Transportation companies is 13.65, 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. International Consolidated Airlines Group's current Forward PE Ratio of 7.95 is 41.7% 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 International Consolidated Airlines Group and its competitors. For the Transportation industry, the median Forward PE Ratio is 13.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. International Consolidated Airlines Group's current Forward PE Ratio is 7.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Consolidated Airlines Group stock overvalued right now?
Based on GuruFocus' analysis, International Consolidated Airlines Group (XMAD:IAG) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.70, compared to a current price of €5.22 — trading 93.3% above its estimated fair value. The current Forward PE Ratio is 7.95 and 41.7% below the Transportation industry median of 13.65. International Consolidated Airlines Group's overall GF Score™ is 82/100 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 International Consolidated Airlines Group (XMAD:IAG), the current Forward PE Ratio is 7.95 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 International Consolidated Airlines Group (XMAD:IAG) Overvalued in 2026?

Based on GuruFocus' analysis, International Consolidated Airlines Group stock appears to be overvalued. The current stock price of €5.22 is trading 93.3% above its estimated GF Value™ of €2.70. GuruFocus considers International Consolidated Airlines Group to be Significantly Overvalued.

Key valuation signals for XMAD:IAG:

  • Forward PE Ratio: 7.95
  • GF Value™: €2.70 vs. price of €5.22 (93.3% above fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 41.7% below the Transportation median (#104 of 490)

No single metric tells the full story. See the XMAD:IAG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


International Consolidated Airlines Group Business Description

Address Speedbird Way, Waterside (HAA2), PO Box 365, Harmondsworth, GBR, UB7 0GB
International Airlines Group is a European airline group flying under the British Airways, Iberia, Aer Lingus, and Vueling brands. The group's main airport hubs are London Heathrow, London Gatwick, Madrid, Barcelona, and Dublin. Geographically, it derives a majority of its revenue from the United Kingdom.
82GF Score

Get the complete analysis for XMAD:IAG

Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€5.22
Price
€2.70
GF Value