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.
Eni SpAXSWX:ENI 55 Forward PE Ratio is 8.11 as of Jul. 23, 2026. GuruFocus rates XSWX:ENI with a GF Score™ of 55/100 and a GF Value™ of CHF9.83 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 543 Oil & Gas companies, Eni SpA ranks better than 65.01% on this metric.
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 .
Eni SpA Forward PE Ratio Related Terms
Eni SpA Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Eni SpA'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.
Eni SpA Forward PE Ratio Chart
Eni SpA Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
Forward PE Ratio
19.53
26.67
22.47
9.29
Eni SpA 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
Forward PE Ratio
19.53
14.22
51.55
26.60
26.67
26.11
16.92
27.47
22.47
17.06
15.70
9.20
9.29
11.49
10.44
XSWX:ENI vs XOM, CVX: Forward PE Ratio Comparison
For the Oil & Gas Integrated subindustry, Eni SpA'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.
Eni SpA Forward PE Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Eni SpA's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Eni SpA'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.
Eni SpA (XSWX:ENI) has a Forward PE Ratio of 8.11 as of Jul. 23, 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 Eni SpA and its competitors. According to the industry distribution chart, Eni SpA ranks #190 out of 543 companies in the Oil & Gas industry, placing it in the top 35%.
Is Eni SpA's Forward PE Ratio too high?
Eni SpA's current Forward PE Ratio is 8.11. The Oil & Gas industry median Forward PE Ratio is 11.20. Eni SpA's value of 8.11 is 27.6% below this industry median. Based on the distribution chart, Eni SpA ranks #190 out of 543 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Eni SpA has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eni SpA's Forward PE Ratio compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Eni SpA ranks #190 out of 543 companies for Forward PE Ratio. This puts Eni SpA in the upper half of its industry. The industry median Forward PE Ratio is 11.20. Eni SpA's value of 8.11 is 27.6% 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 11.20, 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. Eni SpA's current Forward PE Ratio of 8.11 is 27.6% 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 Eni SpA and its competitors. For the Oil & Gas industry, the median Forward PE Ratio is 11.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eni SpA's current Forward PE Ratio is 8.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eni SpA stock overvalued right now?
Based on GuruFocus' analysis, Eni SpA (XSWX:ENI) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF9.83, compared to a current price of CHF18.61 — trading 89.4% above its estimated fair value. The current Forward PE Ratio is 8.11 and 27.6% below the Oil & Gas industry median of 11.20. Eni SpA's overall GF Score™ is 55/100 with 7 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 Eni SpA (XSWX:ENI), the current Forward PE Ratio is 8.11 as of Jul. 23, 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 Eni SpA (XSWX:ENI) Overvalued in 2026?
Based on GuruFocus' analysis, Eni SpA stock appears to be overvalued.
The current stock price of CHF18.61 is trading 89.4% above its estimated GF Value™ of CHF9.83.
GuruFocus considers Eni SpA to be Significantly Overvalued.
Key valuation signals for XSWX:ENI:
Forward PE Ratio: 8.11
GF Value™: CHF9.83 vs. price of CHF18.61 (89.4% above fair value)
Industry Position: 27.6% below the Oil & Gas median (#190 of 543)
No single metric tells the full story. See the XSWX:ENI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eni is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2025, the company produced 0.8 million barrels of liquids and 4.6 billion cubic feet of natural gas per day. At year-end 2025, Eni held reserves of 6.9 billion barrels of oil equivalent, 44% of which are liquids. The Italian government owns a 33.1% stake in the company. Plentitude, Eni's renewable and low-carbon business, has 5.8 gigawatts of renewable power capacity, serves 10 million electricity customers, and operates 23,000 electric vehicle charging points.
55GF Score
Get the complete analysis for XSWX:ENI
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
XSWX:ENI has been successfully added to your 
