Forward Industries PE ratio FWDI

Share price divided by earnings per share over the last twelve months, since 2016.

Today, Oct 23, 2026: n/m; not a meaningful number
Last meaningful: 32.6×; Feb 2022
10-year median: 32.1×
10-year range: 8.2× to 313×
Peer median: 11.9×

Forward Industries' PE ratio is not a meaningful number today: diluted EPS for one or more of the four quarters through 2026-06-30 is missing, so twelve months can't be added up.

It was last meaningful in Feb 2022, at 32.6×.

On the days it had one over the last ten years, its median was 32.1×, from 8.2× in Jun 2018 to 313× in Jul 2021.

PE ratio over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2022	32.6×	29.0×	32.6×
2021	31.2×	31.2×	313×
2020	n/m a value too high to mean anything
2019	18.5×	10.0×	20.9×
2018	10.1×	8.2×	49.2×
2017	41.0×	29.5×	112×
2016	31.3×	17.1×	72.0×

Against its peers

Companies in Financial - Credit Services nearest Forward Industries' size, closest first, today.

Company	PE ratio
FWDIForward Industries	n/m
OPFIOppFi	2.6×
PLBCPlumas Bancorp	12.4×
OPRTOportun Financial	23.0×
VELVelocity Financial	5.6×
PRTHPriority Technology	11.3×
TREELendingTree	2.2×
RMNIRimini Street	50.1×
CASSCass Information Systems	19.7×
LSAKLesaka Technologies	102×
MAXMediaAlpha	7.4×
Peer median	11.9×

What the PE ratio tells you

Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.

Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.

More on Forward Industries

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.