Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 8.62 as of Tuesday, July 28, 2026.
Forward PE Ratio (8.62) = Close Price ($12.17) / Consensus Forward EPS ($1.49)
FORWARD PE RATIO
8.62
SECTOR MEDIAN · ENERGY
12.94
median of 37 covered companies
CURRENT VS SECTOR MEDIAN
-33.38%
vs the sector median at left
Venture Global, Inc.
Market Cap
$29.72B
Forward PE Ratio
8.62
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Venture Global, Inc. (VG) | $29.72B | 8.62 |
| Tenaris S.A. (TS)vs › | $29.85B | 14.85 |
| EQT Corporation (EQT)vs › | $32.31B | 12.31 |
| Texas Pacific Land Corporation (TPL)vs › | $26.86B | 44.98 |
| Devon Energy Corporation (DVN)vs › | $26.51B | 8.72 |
| Halliburton Company (HAL)vs › | $26.09B | 13.66 |
| Coterra Energy Inc. (CTRA)vs › | $24.72B | 11.28 |
| Cameco Corporation (CCJ)vs › | $37.87B | 54.66 |
| Expand Energy Corporation (EXE)vs › | $21.18B | 10.56 |
| APA Corporation (APA)vs › | $12.35B | 6.15 |
Trailing P/E
14.2
reported TTM EPS
Forward P/E
8.6
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $1.49 implies +65.6% EPS growth vs the reported trailing $0.90.
At today's $12.17 close, 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 |
|---|---|---|---|---|
| 2026-12-31 | $1.49 | $1.31 – $1.75 | 9 | 8.2x |
| 2027-12-31 | $0.72 | $0.18 – $1.37 | 10 | 16.9x |
| 2028-12-31 | $1.26 | $0.76 – $1.74 | 9 | 9.7x |
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
