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China Eastern AirlinesCHEAF 57 Forward PE Ratio is 56.88 as of Jul. 24, 2026. GuruFocus rates CHEAF with a GF Score™ of 57/100 and a GF Value™ of $0.66 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 490 Transportation companies, China Eastern Airlines ranks worse than 97.55% on this metric.
China Eastern Airlines (OTCPK:CHEAF) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
China Eastern Airlines Forward PE Ratio Related Terms
China Eastern Airlines Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for China Eastern Airlines's Forward PE Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
China Eastern Airlines Forward PE Ratio Chart
China Eastern Airlines Annual Data
Trend
2016-12
2017-12
2018-12
2019-12
2020-12
2023-12
2024-12
2025-12
Forward PE Ratio
4.41
9.77
7.63
7.27
19.34
15.02
13.74
26.17
China Eastern Airlines Quarterly Data
2016-12
2017-03
2017-12
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
2019-09
2019-12
2020-09
2020-12
2021-09
2022-09
2023-09
2023-12
2024-06
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
4.41
4.44
9.77
10.00
10.60
9.45
7.63
6.38
9.35
9.37
7.27
27.10
19.34
625.00
0.10
16.56
15.02
48.54
13.74
19.17
27.88
13.68
26.17
26.43
CHEAF vs DAL, UAL, LUV: Forward PE Ratio Comparison
For the Airlines subindustry, China Eastern Airlines's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
China Eastern Airlines Forward PE Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, China Eastern Airlines's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where China Eastern Airlines's Forward PE Ratio falls into.
China Eastern Airlines Forward PE Ratio Calculation
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
China Eastern Airlines (CHEAF) has a Forward PE Ratio of 56.88 as of Jul. 24, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on China Eastern Airlines and its competitors. According to the industry distribution chart, China Eastern Airlines ranks #478 out of 490 companies in the Transportation industry, placing it in the top 97.6%.
Is China Eastern Airlines' Forward PE Ratio too high?
China Eastern Airlines' current Forward PE Ratio is 56.88. The Transportation industry median Forward PE Ratio is 13.69. China Eastern Airlines' value of 56.88 is 315.6% above this industry median. Based on the distribution chart, China Eastern Airlines ranks #478 out of 490 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, China Eastern Airlines has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Eastern Airlines' Forward PE Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, China Eastern Airlines ranks #478 out of 490 companies for Forward PE Ratio. This places China Eastern Airlines in the lower half of its industry. The industry median Forward PE Ratio is 13.69. China Eastern Airlines' value of 56.88 is 315.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Transportation company?
The median Forward PE Ratio among Transportation companies is 13.69, based on 490 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Eastern Airlines's current Forward PE Ratio of 56.88 is 315.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on China Eastern Airlines and its competitors. For the Transportation industry, the median Forward PE Ratio is 13.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Eastern Airlines's current Forward PE Ratio is 56.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Eastern Airlines stock overvalued right now?
Based on GuruFocus' analysis, China Eastern Airlines (CHEAF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.66, compared to a current price of $0.40 — trading 39.7% below its estimated fair value. The current Forward PE Ratio is 56.88 and 315.6% above the Transportation industry median of 13.69. China Eastern Airlines' overall GF Score™ is 57/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For China Eastern Airlines (CHEAF), the current Forward PE Ratio is 56.88 as of Jul. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is China Eastern Airlines (CHEAF) Overvalued in 2026?
Based on GuruFocus' analysis, China Eastern Airlines stock appears to be undervalued.
The current stock price of $0.40 is trading 39.7% below its estimated GF Value™ of $0.66.
GuruFocus considers China Eastern Airlines to be Possible Value Trap.
Key valuation signals for CHEAF:
Forward PE Ratio: 56.88
GF Value™: $0.66 vs. price of $0.40 (39.7% below fair value)
Industry Position: 315.6% above the Transportation median (#478 of 490)
No single metric tells the full story. See the CHEAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Eastern Airlines Corp Ltd principally engaged in the operation of civil aviation, including the provision of passenger, cargo, mail delivery and other extended transportation services, also manufacturing and maintenance of aircraft and aviation equipment, agency services, import and export business, tourism and hotel business; and other businesses related to air transportation. The Group has two reportable segments. Airline transportation operations mainly comprise the provision of passenger, cargo, mail delivery, and ground services. Other services, including tour operations, air catering, and other miscellaneous services, are not included within the airline transportation operations segment. Geographically, the company operates Domestic, Regional and International.
57GF Score
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