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Irico Group New Energy Co (HKSE:00438) 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 .
Irico Group New Energy Co Forward PE Ratio Related Terms
Irico Group New Energy 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.
Irico Group New Energy Co Forward PE Ratio Chart
Irico Group New Energy Co Annual Data
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Forward PE Ratio
Irico Group New Energy Co Semi-Annual Data
Forward PE Ratio
HKSE:00438 vs FSLR, NXT, ENPH: Forward PE Ratio Comparison
For the Solar subindustry, Irico Group New Energy 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.
Irico Group New Energy Co Forward PE Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Irico Group New Energy Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Irico Group New Energy Co's Forward PE Ratio falls into.
Irico Group New Energy 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.
Irico Group New Energy Co (HKSE:00438) has a Forward PE Ratio of 0.00 as of Aug. 11, 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 Irico Group New Energy Co and its competitors. According to the industry distribution chart, Irico Group New Energy Co ranks #999999 out of 552 companies in the Semiconductors industry.
Is Irico Group New Energy Co's Forward PE Ratio too high?
Irico Group New Energy Co's current Forward PE Ratio is 0.00. Based on the distribution chart, Irico Group New Energy Co ranks #999999 out of 552 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Irico Group New Energy Co has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Irico Group New Energy Co's Forward PE Ratio compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Irico Group New Energy Co ranks #999999 out of 552 companies for Forward PE Ratio. This places Irico Group New Energy Co in the lower half of its industry. The industry median Forward PE Ratio is 30.32. 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 Semiconductors company?
The median Forward PE Ratio among Semiconductors companies is 30.32, based on 552 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. 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 Irico Group New Energy Co and its competitors. For the Semiconductors industry, the median Forward PE Ratio is 30.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Irico Group New Energy Co's current Forward PE Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Irico Group New Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Irico Group New Energy Co (HKSE:00438) is currently considered Possible Value Trap. The stock's GF Value™ is HK$2.80, compared to a current price of HK$1.27 — trading 54.6% below its estimated fair value. The current Forward PE Ratio is 0.00. Irico Group New Energy Co's overall GF Score™ is 50/100 with 6 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 Irico Group New Energy Co (HKSE:00438), the current Forward PE Ratio is 0.00 as of Aug. 11, 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 Irico Group New Energy Co (HKSE:00438) Overvalued in 2026?
Based on GuruFocus' analysis, Irico Group New Energy Co stock appears to be undervalued.
The current stock price of HK$1.27 is trading 54.6% below its estimated GF Value™ of HK$2.80.
GuruFocus considers Irico Group New Energy Co to be Possible Value Trap.
Key valuation signals for HKSE:00438:
Forward PE Ratio: 0.00
GF Value™: HK$2.80 vs. price of HK$1.27 (54.6% below fair value)
No single metric tells the full story. See the HKSE:00438 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Irico Group New Energy Co Ltd is mainly engaged in the solar photovoltaic business. Along with its subsidiaries, it produces and sells solar photovoltaic glass, solar photovoltaic modules, and back glass, which is applied to solar cell module packaging. Its geographical segments are: The People's Republic of China (excluding Hong Kong), and Other countries, of which the majority of the revenue comes from China.
50GF Score
Get the complete analysis for HKSE:00438
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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