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MingYang Smart Energy Group (FRA:RW20) 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 .
MingYang Smart Energy Group Forward PE Ratio Related Terms
MingYang Smart Energy Group 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.
MingYang Smart Energy Group Forward PE Ratio Chart
MingYang Smart Energy Group Annual Data
Trend
2025-12
Forward PE Ratio
9.61
MingYang Smart Energy Group Quarterly Data
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
59.82
9.30
9.61
18.82
FRA:RW20 vs GEV, ETN, PH: Forward PE Ratio Comparison
For the Specialty Industrial Machinery subindustry, MingYang Smart Energy Group'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.
MingYang Smart Energy Group Forward PE Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, MingYang Smart Energy Group's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where MingYang Smart Energy Group's Forward PE Ratio falls into.
MingYang Smart Energy Group 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.
MingYang Smart Energy Group (FRA:RW20) has a Forward PE Ratio of 17.05 as of Aug. 02, 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 MingYang Smart Energy Group and its competitors. According to the industry distribution chart, MingYang Smart Energy Group ranks #620 out of 1295 companies in the Industrial Products industry, placing it in the top 47.9%.
Is MingYang Smart Energy Group's Forward PE Ratio too high?
MingYang Smart Energy Group's current Forward PE Ratio is 17.05. The Industrial Products industry median Forward PE Ratio is 19.00. MingYang Smart Energy Group's value of 17.05 is 10.3% below this industry median. Based on the distribution chart, MingYang Smart Energy Group ranks #620 out of 1295 companies in the Industrial Products industry, which is above the industry midpoint. Overall, MingYang Smart Energy Group has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does MingYang Smart Energy Group's Forward PE Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, MingYang Smart Energy Group ranks #620 out of 1295 companies for Forward PE Ratio. This puts MingYang Smart Energy Group in the upper half of its industry. The industry median Forward PE Ratio is 19.00. MingYang Smart Energy Group's value of 17.05 is 10.3% 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 an Industrial Products company?
The median Forward PE Ratio among Industrial Products companies is 19.00, based on 1,295 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. MingYang Smart Energy Group's current Forward PE Ratio of 17.05 is 10.3% 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 MingYang Smart Energy Group and its competitors. For the Industrial Products industry, the median Forward PE Ratio is 19.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MingYang Smart Energy Group's current Forward PE Ratio is 17.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MingYang Smart Energy Group stock overvalued right now?
MingYang Smart Energy Group (FRA:RW20) has a current Forward PE Ratio of 17.05. The stock's GF Value™ is €10.13, compared to a current price of €6.65 — trading 34.4% below its estimated fair value. The current Forward PE Ratio is 17.05 and 10.3% below the Industrial Products industry median of 19.00. MingYang Smart Energy Group's overall GF Score™ is 73/100 with 10 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 MingYang Smart Energy Group (FRA:RW20), the current Forward PE Ratio is 17.05 as of Aug. 02, 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 MingYang Smart Energy Group (FRA:RW20) Overvalued in 2026?
Based on GuruFocus' analysis, MingYang Smart Energy Group stock appears to be undervalued.
The current stock price of €6.65 is trading 34.4% below its estimated GF Value™ of €10.13.
Key valuation signals for FRA:RW20:
Forward PE Ratio: 17.05
GF Value™: €10.13 vs. price of €6.65 (34.4% below fair value)
Industry Position: 10.3% below the Industrial Products median (#620 of 1295)
No single metric tells the full story. See the FRA:RW20 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MingYang Smart Energy Group Ltd is a wind turbine manufacturer that provides accessible green and smart energy and a full lifecycle renewable solutions provider. The Group's business is divided into segments namely High-end energy equipment manufacturing sector, wind turbine equipment manufacturing and sales, Operation and maintenance services and photovoltaic products manufacturing and sales; and Energy products and services sector includes construction, management, and operation of energy investment projects, power demand side management, energy efficiency management.
73GF Score
Get the complete analysis for FRA:RW20
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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