Industrial And Commercial Bank Of China (FRA:ICK) 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 .
Industrial And Commercial Bank Of China Forward PE Ratio Related Terms
Industrial And Commercial Bank Of China 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.
Industrial And Commercial Bank Of China Forward PE Ratio Chart
Industrial And Commercial Bank Of China Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
5.76
5.65
5.81
5.26
5.83
4.62
3.58
3.38
3.17
4.78
5.36
Industrial And Commercial Bank Of China Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2017-12
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
2019-09
2019-12
2020-03
2020-06
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
5.76
5.09
5.50
6.09
5.65
6.48
6.16
5.81
5.84
5.80
5.41
5.26
5.56
5.58
5.22
5.83
5.16
4.93
4.03
4.62
4.81
4.52
3.63
3.58
3.83
3.80
3.15
3.38
3.41
3.77
3.25
3.17
3.23
4.38
4.07
4.78
4.92
5.53
5.04
5.36
5.78
FRA:ICK vs JPM, BAC, WFC: Forward PE Ratio Comparison
For the Banks - Diversified subindustry, Industrial And Commercial Bank Of China'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.
Industrial And Commercial Bank Of China Forward PE Ratio vs Banks Industry
Industrial And Commercial Bank Of China 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.
Industrial And Commercial Bank Of China (FRA:ICK) has a Forward PE Ratio of 5.75 as of Jul. 12, 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 Industrial And Commercial Bank Of China and its competitors. According to the industry distribution chart, Industrial And Commercial Bank Of China ranks #166 out of 817 companies in the Banks industry, placing it in the top 20.3%.
Is Industrial And Commercial Bank Of China's Forward PE Ratio too high?
Industrial And Commercial Bank Of China's current Forward PE Ratio is 5.75. The Banks industry median Forward PE Ratio is 11.08. Industrial And Commercial Bank Of China's value of 5.75 is 48.1% below this industry median. Based on the distribution chart, Industrial And Commercial Bank Of China ranks #166 out of 817 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Industrial And Commercial Bank Of China has a GF Score™ of 45/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Industrial And Commercial Bank Of China's Forward PE Ratio compare to JPM and BAC?
According to the Banks industry distribution chart, Industrial And Commercial Bank Of China ranks #166 out of 817 companies for Forward PE Ratio. This places Industrial And Commercial Bank Of China in the top 20% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 11.08. Industrial And Commercial Bank Of China's value of 5.75 is 48.1% 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 Banks company?
The median Forward PE Ratio among Banks companies is 11.08, based on 817 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. Industrial And Commercial Bank Of China's current Forward PE Ratio of 5.75 is 48.1% 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 Industrial And Commercial Bank Of China and its competitors. For the Banks industry, the median Forward PE Ratio is 11.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Industrial And Commercial Bank Of China's current Forward PE Ratio is 5.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industrial And Commercial Bank Of China stock overvalued right now?
Based on GuruFocus' analysis, Industrial And Commercial Bank Of China (FRA:ICK) is currently considered Fairly Valued. The stock's GF Value™ is €0.68, compared to a current price of €0.74 — trading 8.5% above its estimated fair value. The current Forward PE Ratio is 5.75 and 48.1% below the Banks industry median of 11.08. Industrial And Commercial Bank Of China's overall GF Score™ is 45/100 with 3 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 Industrial And Commercial Bank Of China (FRA:ICK), the current Forward PE Ratio is 5.75 as of Jul. 12, 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 Industrial And Commercial Bank Of China (FRA:ICK) Overvalued in 2026?
Based on GuruFocus' analysis, Industrial And Commercial Bank Of China stock appears to be overvalued.
The current stock price of €0.74 is trading 8.5% above its estimated GF Value™ of €0.68.
GuruFocus considers Industrial And Commercial Bank Of China to be Fairly Valued.
Key valuation signals for FRA:ICK:
Forward PE Ratio: 5.75
GF Value™: €0.68 vs. price of €0.74 (8.5% above fair value)
Industry Position: 48.1% below the Banks median (#166 of 817)
No single metric tells the full story. See the FRA:ICK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Industrial And Commercial Bank Of China Business Description
Industrial and Commercial Bank of China was founded in 1984 and is headquartered in Beijing. The bank listed its shares in mainland China and Hong Kong in 2006. It is China's largest by asset scale and by share of lending and deposits. Central Huijin Investment (China's sovereign wealth fund manager) and China's Ministry of Finance are ICBC's two largest shareholders, each with a stake of around 35%. ICBC operates over 15,000 outlets. Of these, 413 outlets are in 49 countries and regions overseas. Corporate banking, retail banking, and wholesale banking accounted for 49%, 39%, and 11% of total revenue, respectively, and 49%, 33%, and 17% of profit before tax in 2025. Overseas banking and other business contributed 14% of total revenue and 9% of profit before tax in 2025.
45GF Score
Get the complete analysis for FRA:ICK
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:ICK has been successfully added to your 