Rai Way SpAFRA:4RW -0.85%86 PE Ratio (TTM) is 14.20 as of Jul. 08, 2026, which is 31% below its 10-year median of 20.48. GuruFocus rates FRA:4RW with a GF Score™ of 86/100 and a GF Value™ of €5.61 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,311 Construction companies, Rai Way SpA ranks better than 53.47% on this metric.
The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-07-08), Rai Way SpA's share price is
€4.645.
Rai Way SpA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €0.33. Therefore, Rai Way SpA's PE Ratio (TTM) for today is 14.20.
Good Sign:
Rai Way SpA stock PE Ratio (=14.63) is close to 10-year low of 14.63.
The historical rank and industry rank for Rai Way SpA's PE Ratio (TTM) or its related term are showing as below:
FRA:4RW'
s PE Ratio (TTM) Range Over the Past 10 Years
Min: 14.49 Med: 20.48 Max: 31.56
Current: 14.49
During the past 13 years, the highest PE Ratio (TTM) of Rai Way SpA was 31.56. The lowest was 14.49. And the median was 20.48.
FRA:4RW's PE Ratio (TTM) is ranked better than 53.47% of 1311
companies
in the Construction industry
Industry Median: 15.41
vs FRA:4RW: 14.49
During the past 13 years, Rai Way SpA's highestPE Ratio without NRI was 31.56. The lowest was 14.45. And the median was 20.50.
Rai Way SpA's EPS without NRI for the
three
months ended in Mar. 2026 was €0.08.
Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was €0.33.
During the past 12 months, Rai Way SpA's average EPS without NRIGrowth Rate was 1.50% per year.
During the past 3 years, the average EPS without NRIGrowth Rate was 8.00% per year.
During the past 5 years, the average EPS without NRIGrowth Rate was 8.80% per year.
During the past 10 years, the average EPS without NRIGrowth Rate was 9.00% per year.
During the past 13 years, Rai Way SpA's highest 3-Year average EPS without NRI Growth Rate was 16.40% per year. The lowest was -37.90% per year. And the median was 5.30% per year.
Rai Way SpA's EPS (Basic) for the
three
months ended in Mar. 2026 was €0.08.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was €0.33.
Rai Way SpA (FRA:4RW) PE Ratio (TTM) Explanation
The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.
In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.
If a company loses money, the PE Ratio (TTM) becomes meaningless.
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.
Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.
Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .
PE Ratio (TTM) can also be affected by non-recurring-items 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 (TTM).
Rai Way SpA PE Ratio (TTM) Related Terms
Rai Way SpA PE Ratio (TTM) Historical Data
* Premium members only.
The historical data trend for Rai Way SpA's PE Ratio (TTM) 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.
FRA:4RW vs PWR, FIX, EME: PE Ratio (TTM) Comparison
For the Engineering & Construction subindustry, Rai Way SpA's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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.
Rai Way SpA PE Ratio (TTM) vs Construction Industry
For the Construction industry and Industrials sector, Rai Way SpA's PE Ratio (TTM) distribution charts can be found below:
* The bar in red indicates where Rai Way SpA's PE Ratio (TTM) falls into.
The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.
Rai Way SpA's PE Ratio (TTM) for today is calculated as
Rai Way SpA's Share Price of today is €4.645.
Rai Way SpA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.33.
* 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.
It can also be calculated from the numbers for the whole company:
There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.
In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.
Rai Way SpA (FRA:4RW) has a PE Ratio (TTM) of 14.20 as of Jul. 08, 2026. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Rai Way SpA and its competitors. This is 31% below median its historical median of 20.48. Over the past decade, Rai Way SpA's PE Ratio (TTM) has ranged from 14.49 to 31.56. According to the industry distribution chart, Rai Way SpA ranks #610 out of 1311 companies in the Construction industry, placing it in the top 46.5%.
Is Rai Way SpA's PE Ratio (TTM) too high?
Rai Way SpA's current PE Ratio (TTM) of 14.20 is 31% below median its 10-year median of 20.48. Over the past 10 years, this metric has ranged from a low of 14.49 to a high of 31.56. The Construction industry median PE Ratio (TTM) is 15.41. Rai Way SpA's value of 14.20 is 7.9% below this industry median. Based on the distribution chart, Rai Way SpA ranks #610 out of 1311 companies in the Construction industry, which is above the industry midpoint. Overall, Rai Way SpA has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rai Way SpA's PE Ratio (TTM) compare to PWR and FIX?
According to the Construction industry distribution chart, Rai Way SpA ranks #610 out of 1311 companies for PE Ratio (TTM). This puts Rai Way SpA in the upper half of its industry. The industry median PE Ratio (TTM) is 15.41. Rai Way SpA's value of 14.20 is 7.9% below this benchmark. Historically, Rai Way SpA's own PE Ratio (TTM) has ranged from 14.49 to 31.56 over the past decade. While the company's 10-year median is 20.48 vs. the industry median of 15.41, Rai Way SpA has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PE Ratio (TTM) for a Construction company?
The median PE Ratio (TTM) among Construction companies is 15.41, based on 1,311 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio (TTM) significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Rai Way SpA's current PE Ratio (TTM) of 14.20 is 7.9% 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 PE Ratio (TTM) mean?
A high PE Ratio (TTM) can signal that a stock is expensive relative to its fundamentals. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Rai Way SpA and its competitors. For the Construction industry, the median PE Ratio (TTM) is 15.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rai Way SpA's current PE Ratio (TTM) is 14.20, which is 31% below median its own 10-year median of 20.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rai Way SpA stock overvalued right now?
Based on GuruFocus' analysis, Rai Way SpA (FRA:4RW) is currently considered Modestly Undervalued. The stock's GF Value™ is €5.61, compared to a current price of €4.65 — trading 17.2% below its estimated fair value. The current PE Ratio (TTM) is 14.20, which is 31% below median its 10-year median of 20.48 and 7.9% below the Construction industry median of 15.41. Rai Way SpA's overall GF Score™ is 86/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For Rai Way SpA (FRA:4RW), the current PE Ratio (TTM) is 14.20 as of Jul. 08, 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 Rai Way SpA (FRA:4RW) Overvalued in 2026?
Based on GuruFocus' analysis, Rai Way SpA stock appears to be undervalued.
The current stock price of €4.65 is trading 17.2% below its estimated GF Value™ of €5.61.
GuruFocus considers Rai Way SpA to be Modestly Undervalued.
Key valuation signals for FRA:4RW:
PE Ratio (TTM): 14.20 (31% below median its 10-year median of 20.48)
GF Value™: €5.61 vs. price of €4.65 (17.2% below fair value)
Industry Position: 7.9% below the Construction median (#610 of 1311)
No single metric tells the full story. See the FRA:4RW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rai Way SpA is an Italy-based company which operates activity of signal transmission and a broadcasting network of RAI group. The services provided by the company include broadcasting services, transmission services, tower Rental Services and network Services. The company serves its customer by providing implementation and management of the main broadcasting processes which include analog and digital, terrestrial and satellite, for audio, video and data signals, television signals through connecting network. The company allows its clients to have the availability of tower and civil infrastructures to install radio transmitters, planning, construction, installation, management of electronic and telecommunications networks. It provides services throughout Italy.
86GF Score
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PE Ratio (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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