Fortrea Holdings Inc. (FTRE) P/E Ratio History
Historical price-to-earnings valuation from 2023 to 2023
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FTRE Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 8, 2026, Fortrea Holdings Inc. (FTRE) trades at a price-to-earnings ratio of -1.4x, with a stock price of $15.57 and trailing twelve-month earnings per share of $-4.90.
The current P/E is 102% below its 5-year average of 84.1x. Over the past five years, FTRE's P/E has ranged from a low of 84.1x to a high of 84.1x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Healthcare sector median P/E of 22.3x, FTRE trades at a 106% discount to its sector peers. The sector includes 241 companies with P/E ratios ranging from 0.0x to 177.5x.
Relative to the broader market, FTRE trades at a notable discount to the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our FTRE DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
FTRE P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $30B | 22.8 | 0.56Best | +5% | |
| $12B | 28.1 | 0.88 | +21% | |
| $1B | 24.9 | - | -4% | |
| $10B | 13.1Lowest | 1.87 | +29%Best | |
| $21B | 24.7 | - | +18% | |
| $21B | 21.8 | - | +14% | |
| $7B | 50.3 | - | -4% | |
| $176B | 26.8 | 12.67 | +7% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
FTRE Historical P/E Data (2023–2023)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2023 Q3 | Sat Sep 30 2023 00:00:00 GM | $28.59 | $0.34 | 84.1x | +0% |
Average P/E for displayed period: 84.1x
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Start ComparisonFTRE — Frequently Asked Questions
Quick answers to the most common questions about buying FTRE stock.
Is FTRE stock overvalued or undervalued?
FTRE trades at -1.4x P/E, below its 5-year average of 84.1x. At the N/A percentile of historical range, the stock is priced at a discount to its own history.
How does FTRE's valuation compare to peers?
Fortrea Holdings Inc. P/E of -1.4x compares to sector median of 22.3x. The discount suggests lower growth expectations or higher risk.
What is FTRE's PEG ratio?
FTRE PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2023-2023.