Air Liquide (XSWX:AI1) 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 .
Air Liquide Forward PE Ratio Related Terms
Air Liquide Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Air Liquide'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.
Air Liquide Forward PE Ratio Chart
Air Liquide Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
Forward PE Ratio
19.05
19.31
20.28
18.32
Air Liquide Semi-Annual Data
2015-12
2016-06
2016-12
2017-06
2017-12
2018-06
2018-12
2019-06
Forward PE Ratio
19.05
16.86
19.31
21.88
20.28
21.10
18.32
20.83
XSWX:AI1 vs LIN, SHW, ECL: Forward PE Ratio Comparison
For the Specialty Chemicals subindustry, Air Liquide'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.
Air Liquide Forward PE Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Air Liquide's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Air Liquide'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.
Air Liquide (XSWX:AI1) has a Forward PE Ratio of 26.58 as of Jun. 25, 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 Air Liquide and its competitors. According to the industry distribution chart, Air Liquide ranks #418 out of 659 companies in the Chemicals industry, placing it in the top 63.4%.
Is Air Liquide's Forward PE Ratio too high?
Air Liquide's current Forward PE Ratio is 26.58. The Chemicals industry median Forward PE Ratio is 20.06. Air Liquide's value of 26.58 is 32.5% above this industry median. Based on the distribution chart, Air Liquide ranks #418 out of 659 companies in the Chemicals industry, which is below the industry midpoint. Overall, Air Liquide has a GF Score™ of 98/100, reflecting its overall financial health beyond just this single metric.
How does Air Liquide's Forward PE Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Air Liquide ranks #418 out of 659 companies for Forward PE Ratio. This places Air Liquide in the lower half of its industry. The industry median Forward PE Ratio is 20.06. Air Liquide's value of 26.58 is 32.5% 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 Chemicals company?
The median Forward PE Ratio among Chemicals companies is 20.06, based on 659 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. Air Liquide's current Forward PE Ratio of 26.58 is 32.5% 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 Air Liquide and its competitors. For the Chemicals industry, the median Forward PE Ratio is 20.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Liquide's current Forward PE Ratio is 26.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Liquide stock overvalued right now?
Air Liquide (XSWX:AI1) has a current Forward PE Ratio of 26.58. The stock's GF Value™ is CHF140.88, compared to a current price of CHF157.66 — trading 11.9% above its estimated fair value. The current Forward PE Ratio is 26.58 and 32.5% above the Chemicals industry median of 20.06. Air Liquide's overall GF Score™ is 98/100 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 Air Liquide (XSWX:AI1), the current Forward PE Ratio is 26.58 as of Jun. 25, 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 Air Liquide (XSWX:AI1) Overvalued in 2026?
Based on GuruFocus' analysis, Air Liquide stock appears to be overvalued.
The current stock price of CHF157.66 is trading 11.9% above its estimated GF Value™ of CHF140.88.
Key valuation signals for XSWX:AI1:
Forward PE Ratio: 26.58
GF Value™: CHF140.88 vs. price of CHF157.66 (11.9% above fair value)
Industry Position: 32.5% above the Chemicals median (#418 of 659)
No single metric tells the full story. See the XSWX:AI1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1902, Air Liquide is one of the leading industrial gas companies in the world, serving over 3.8 million customers in 78 countries. The company generated approximately EUR 27.9 billion of revenue in 2025, serving a wide range of industries, including chemicals, energy, healthcare, food and beverage, and electronics. Air Liquide employs approximately 65,000 people.
98GF Score
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