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Friday 6 November 2026
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Forward Industries, Inc.
FWDI Financial Capital Markets
Forward Industries, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $18.2 million, down 9.02% from fiscal 2024.
- Revenue
- +332.1%
- EPS
- −3.90%
- Free cash flow
- −4,212.3%
Quarter to June 2026, against a year earlier
5.71
0.01
+0.18%
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Forward Industries, Inc. (FWDI) P/E ratio
Forward Industries, Inc. has no meaningful P/E ratio: its trailing twelve-month earnings is negative. Over the past ten years it has ranged from 0.0× (November 2026) to 321× (June 2021) — the current reading is the lowest in ten years.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 0.0× | — |
| FY2024 | 0.0× | — |
| FY2023 | 0.0× | — |
| FY2022 | 0.0× | — |
| FY2021 | 47.8× | — |
| FY2020 | 0.0× | — |
| FY2019 | 0.0× | — |
| FY2018 | 10.7× | (43.22%) |
| FY2017 | 18.8× | 0.86% |
| FY2016 | 18.6× | — |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 0.0× | — |
| Mar 2026 | 0.0× | — |
| Dec 2025 | 0.0× | — |
| Sep 2025 | 0.0× | — |
| 42 more quarters | Free account |
Against its own ten years
Low 0.0×
High 321×
Ten-year median
0.0×
Current reading's percentile
66
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| BTGO BitGo Holdings, Inc. compare | n/m |
| ABTC American Bitcoin Corp. compare | n/m |
| MTC MMTec, Inc. compare | n/m |
| HIVE HIVE Digital Technologies Ltd. compare | n/m |
| GEMI Gemini Space Station, Inc. compare | n/m |
| FWDI Forward Industries, Inc. | n/m |
| CSHR CoinShares PLC compare | 5.0× |
| TIGR UP Fintech Holding Limited compare | 5.9× |
| XRPN Evernorth Holdings Inc. compare | — |
| Capital Markets industry median | 14.4× |
| Financial sector median | 12.2× |
| Market median | 17.9× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)