Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 18.05 as of 2026-10-06T21:37:11.631Z.
Consensus retrieved: 2026-10-06T12:34:18.994Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-10-06T21:37:11.631Z.
Quote observation: 2026-10-06T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 572e6ea30609510b2e5be02f453ebfca74a3a02c779d0131755a6a6af4a82ac4
Forward PE Ratio (18.05) = Dated Quote Price ($19.77) / Consensus Forward EPS ($1.10)
FORWARD PE RATIO
18.05
SECTOR MEDIAN · INDUSTRIALS
22.19
median of 248 covered companies
CURRENT VS SECTOR MEDIAN
-18.66%
vs the sector median at left
Innovative Aerosystems, Inc.
Market Cap
$353.88M
Forward PE Ratio
18.05
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Innovative Aerosystems, Inc. (IA) | $353.88M | 18.05 |
| Energy Recovery, Inc. (ERII)vs › | $364.94M | N/A |
| X-Energy, Inc. Class A Common Stock (XE)vs › | $339.11M | N/A |
| Serve Robotics Inc. (SERV)vs › | $369.07M | N/A |
| Seanergy Maritime Holdings Corp. (SHIP)vs › | $369.50M | 4.84 |
| StealthGas Inc. (GASS)vs › | $337.65M | 5.37 |
| NN, Inc. (NNBR)vs › | $333.63M | 32.76 |
| L.B. Foster Company (FSTR)vs › | $377.56M | 22.28 |
| Deep Fission, Inc. (FISN)vs › | $330.02M | N/A |
| Montauk Renewables, Inc. (MNTK)vs › | $378.63M | 23.24 |
Trailing P/E
18.8
reported TTM EPS
Forward P/E
18.1
consensus EPS · fiscal year ending 2027-09-30
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $1.10 implies +4.8% EPS growth vs the reported trailing $1.05.
At the dated quote price of $19.77, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2027-09-30 | $1.09 | $1.07 – $1.12 | 2 | 18.1x |
| 2028-09-30 | $1.31 | $1.27 – $1.34 | 1 | 15.1x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
