Hainan Meilan International Airport Co (OTCPK:HMCTF) 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 .
Hainan Meilan International Airport Co Forward PE Ratio Related Terms
Hainan Meilan International Airport 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.
Hainan Meilan International Airport Co Forward PE Ratio Chart
Hainan Meilan International Airport Co Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
19.61
32.89
Hainan Meilan International Airport Co Semi-Annual Data
2024-12
2025-06
2025-12
Forward PE Ratio
19.61
330.28
32.89
HMCTF vs JOBY, CAAP: Forward PE Ratio Comparison
For the Airports & Air Services subindustry, Hainan Meilan International Airport 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.
Hainan Meilan International Airport Co Forward PE Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Hainan Meilan International Airport Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Hainan Meilan International Airport Co's Forward PE Ratio falls into.
Hainan Meilan International Airport 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.
Hainan Meilan International Airport Co (HMCTF) has a Forward PE Ratio of 10.32 as of Jul. 08, 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 Hainan Meilan International Airport Co and its competitors. According to the industry distribution chart, Hainan Meilan International Airport Co ranks #145 out of 490 companies in the Transportation industry, placing it in the top 29.6%.
Is Hainan Meilan International Airport Co's Forward PE Ratio too high?
Hainan Meilan International Airport Co's current Forward PE Ratio is 10.32. The Transportation industry median Forward PE Ratio is 13.54. Hainan Meilan International Airport Co's value of 10.32 is 23.8% below this industry median. Based on the distribution chart, Hainan Meilan International Airport Co ranks #145 out of 490 companies in the Transportation industry, which is above the industry midpoint. Overall, Hainan Meilan International Airport Co has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hainan Meilan International Airport Co's Forward PE Ratio compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Hainan Meilan International Airport Co ranks #145 out of 490 companies for Forward PE Ratio. This puts Hainan Meilan International Airport Co in the upper half of its industry. The industry median Forward PE Ratio is 13.54. Hainan Meilan International Airport Co's value of 10.32 is 23.8% 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 Transportation company?
The median Forward PE Ratio among Transportation companies is 13.54, 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. Hainan Meilan International Airport Co's current Forward PE Ratio of 10.32 is 23.8% 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 Hainan Meilan International Airport Co and its competitors. For the Transportation industry, the median Forward PE Ratio is 13.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hainan Meilan International Airport Co's current Forward PE Ratio is 10.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hainan Meilan International Airport Co stock overvalued right now?
Based on GuruFocus' analysis, Hainan Meilan International Airport Co (HMCTF) is currently considered Possible Value Trap. The stock's GF Value™ is $1.50, compared to a current price of $0.65 — trading 56.7% below its estimated fair value. The current Forward PE Ratio is 10.32 and 23.8% below the Transportation industry median of 13.54. Hainan Meilan International Airport Co's overall GF Score™ is 63/100 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 Hainan Meilan International Airport Co (HMCTF), the current Forward PE Ratio is 10.32 as of Jul. 08, 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 Hainan Meilan International Airport Co (HMCTF) Overvalued in 2026?
Based on GuruFocus' analysis, Hainan Meilan International Airport Co stock appears to be undervalued.
The current stock price of $0.65 is trading 56.7% below its estimated GF Value™ of $1.50.
GuruFocus considers Hainan Meilan International Airport Co to be Possible Value Trap.
Key valuation signals for HMCTF:
Forward PE Ratio: 10.32
GF Value™: $1.50 vs. price of $0.65 (56.7% below fair value)
Industry Position: 23.8% below the Transportation median (#145 of 490)
No single metric tells the full story. See the HMCTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hainan Meilan International Airport Co Business Description
Hainan Meilan International Airport Co Ltd is engaged in the operation of an airport and an ancillary hotel, and the provision of related services in the PRC. The company engages and generates revenues from the operational activities at the Meilan Airport of the Hainan Province in the People's Republic of China (PRC). Under its aeronautical businesses, the firm provides terminal facilities, ground handling services, and passenger services. The non-aeronautical business includes the leasing of commercial and retail spaces at Meilan Airport, franchising of airport-related business, advertising, car parking, cargo handling, and sales of consumable goods.
63GF Score
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