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 9.49 as of 2026-09-12T00:16:11.622Z.
Consensus retrieved: 2026-09-10T03:54:12.435Z. 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: 2026-09-12T00:16:11.622Z.
Quote observation: 2026-09-11T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: a6d26aec952f5601b8e3f54c3f1dc4ffbe592c5de051c181be4c518a1ae8fd72
Forward PE Ratio (9.49) = Dated Quote Price ($15.80) / Consensus Forward EPS ($1.66)
FORWARD PE RATIO
9.49
SECTOR MEDIAN · ENERGY
13.78
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
-31.13%
vs the sector median at left
Venture Global, Inc.
Market Cap
$38.58B
Forward PE Ratio
9.49
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Venture Global, Inc. (VG) | $38.58B | 9.49 |
| Cameco Corporation (CCJ)vs › | $42.11B | N/A |
| EQT Corporation (EQT)vs › | $33.82B | 13.25 |
| Tenaris S.A. (TS)vs › | $30.79B | 15.11 |
| Halliburton Company (HAL)vs › | $29.94B | 15.30 |
| Pembina Pipeline Corporation (PBA)vs › | $27.80B | N/A |
| Texas Pacific Land Corporation (TPL)vs › | $25.46B | 41.94 |
| First Solar, Inc. (FSLR)vs › | $22.46B | 11.99 |
| Expand Energy Corporation (EXE)vs › | $21.95B | 10.54 |
| Devon Energy Corporation (DVN)vs › | $55.25B | 9.82 |
Trailing P/E
12.4
reported TTM EPS
Forward P/E
9.5
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $1.66 implies +30.7% EPS growth vs the reported trailing $1.27.
At the dated quote price of $15.80, 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 | $1.66 | $1.39 – $1.97 | 9 | 9.5x |
| 2027-12-31 | $0.80 | $0.44 – $1.33 | 10 | 19.9x |
| 2028-12-31 | $1.31 | $0.87 – $1.74 | 9 | 12.1x |
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
