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Tiangong International Co (FRA:34T1) 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 .
Tiangong International Co Forward PE Ratio Related Terms
Tiangong International Co Forward PE Ratio Historical Data
* 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.
Tiangong International Co Forward PE Ratio Chart
Tiangong International Co Annual Data
Trend
2020-12
2021-12
2023-12
2024-12
2025-12
Forward PE Ratio
0.12
0.13
9.60
9.57
10.38
Tiangong International Co Semi-Annual Data
2020-06
2020-12
2021-06
2021-12
2023-06
2023-12
2024-12
2025-06
2025-12
Forward PE Ratio
0.10
0.12
0.11
0.13
6.73
9.60
9.57
8.14
10.38
FRA:34T1 vs NUE, STLD, RS: Forward PE Ratio Comparison
For the Steel subindustry, Tiangong International Co'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.
Tiangong International Co Forward PE Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Tiangong International Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Tiangong International Co's Forward PE Ratio falls into.
Tiangong International Co 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.
Tiangong International Co (FRA:34T1) has a Forward PE Ratio of 11.79 as of Aug. 20, 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 Tiangong International Co and its competitors. According to the industry distribution chart, Tiangong International Co ranks #50 out of 178 companies in the Steel industry, placing it in the top 28.1%.
Is Tiangong International Co's Forward PE Ratio too high?
Tiangong International Co's current Forward PE Ratio is 11.79. The Steel industry median Forward PE Ratio is 14.23. Tiangong International Co's value of 11.79 is 17.1% below this industry median. Based on the distribution chart, Tiangong International Co ranks #50 out of 178 companies in the Steel industry, which is above the industry midpoint. Overall, Tiangong International Co has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Tiangong International Co's Forward PE Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Tiangong International Co ranks #50 out of 178 companies for Forward PE Ratio. This puts Tiangong International Co in the upper half of its industry. The industry median Forward PE Ratio is 14.23. Tiangong International Co's value of 11.79 is 17.1% below 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 Steel company?
The median Forward PE Ratio among Steel companies is 14.23, based on 178 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. Tiangong International Co's current Forward PE Ratio of 11.79 is 17.1% below 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 Tiangong International Co and its competitors. For the Steel industry, the median Forward PE Ratio is 14.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tiangong International Co's current Forward PE Ratio is 11.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tiangong International Co stock overvalued right now?
Tiangong International Co (FRA:34T1) has a current Forward PE Ratio of 11.79. The stock's GF Value™ is €0.27, compared to a current price of €0.30 — trading 11.9% above its estimated fair value. The current Forward PE Ratio is 11.79 and 17.1% below the Steel industry median of 14.23. Tiangong International Co's overall GF Score™ is 80/100 with 7 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 Tiangong International Co (FRA:34T1), the current Forward PE Ratio is 11.79 as of Aug. 20, 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 Tiangong International Co (FRA:34T1) Overvalued in 2026?
Based on GuruFocus' analysis, Tiangong International Co stock appears to be overvalued.
The current stock price of €0.30 is trading 11.9% above its estimated GF Value™ of €0.27.
Key valuation signals for FRA:34T1:
Forward PE Ratio: 11.79
GF Value™: €0.27 vs. price of €0.30 (11.9% above fair value)
Industry Position: 17.1% below the Steel median (#50 of 178)
No single metric tells the full story. See the FRA:34T1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tiangong International Co Ltd is engaged in the manufacturing and sales of high alloy steel, cutting tools, titanium alloy, trading of goods, and others. The reportable segments of the company are, the DS segment, which derives majority revenue, manufactures and sells materials that are used in the die set manufacturing industry; the HSS segment manufactures and sells materials that are used in the tools manufacturing industry; the cutting tools segment manufactures and sells HSS and carbide cutting tools to the tooling industry; the Titanium alloy segment manufactures and sells titanium alloys to the titanium industry; and the Others segment assembles and sells power tool kits. The company operates in PRC, North America, Europe, Asia (other than the PRC), and other regions.
80GF Score
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Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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