Microvast Holdings (NAS:MVST) 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 .
Microvast Holdings Forward PE Ratio Related Terms
Microvast Holdings Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Microvast Holdings's Forward PE Ratio can be seen below:
* 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.
Microvast Holdings Forward PE Ratio Chart
Microvast Holdings Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
24.50
14.55
Microvast Holdings Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
24.50
32.86
32.32
14.88
14.55
23.83
MVST vs STRT, SES, HLLY: Forward PE Ratio Comparison
For the Auto Parts subindustry, Microvast Holdings'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.
Microvast Holdings Forward PE Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Microvast Holdings's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Microvast Holdings's Forward PE Ratio falls into.
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.
Microvast Holdings (MVST) has a Forward PE Ratio of 29.25 as of Jul. 06, 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 Microvast Holdings and its competitors. According to the industry distribution chart, Microvast Holdings ranks #479 out of 594 companies in the Vehicles & Parts industry, placing it in the top 80.6%.
Is Microvast Holdings' Forward PE Ratio too high?
Microvast Holdings' current Forward PE Ratio is 29.25. The Vehicles & Parts industry median Forward PE Ratio is 13.25. Microvast Holdings' value of 29.25 is 120.8% above this industry median. Based on the distribution chart, Microvast Holdings ranks #479 out of 594 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Microvast Holdings has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Microvast Holdings' Forward PE Ratio compare to STRT and SES?
According to the Vehicles & Parts industry distribution chart, Microvast Holdings ranks #479 out of 594 companies for Forward PE Ratio. This places Microvast Holdings in the lower half of its industry. The industry median Forward PE Ratio is 13.25. Microvast Holdings' value of 29.25 is 120.8% above 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 Vehicles & Parts company?
The median Forward PE Ratio among Vehicles & Parts companies is 13.25, based on 594 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. Microvast Holdings's current Forward PE Ratio of 29.25 is 120.8% above 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 Microvast Holdings and its competitors. For the Vehicles & Parts industry, the median Forward PE Ratio is 13.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Microvast Holdings's current Forward PE Ratio is 29.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Microvast Holdings stock overvalued right now?
Based on GuruFocus' analysis, Microvast Holdings (MVST) is currently considered Possible Value Trap. The stock's GF Value™ is $1.84, compared to a current price of $1.18 — trading 36.1% below its estimated fair value. The current Forward PE Ratio is 29.25 and 120.8% above the Vehicles & Parts industry median of 13.25. Microvast Holdings' overall GF Score™ is 72/100 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 Microvast Holdings (MVST), the current Forward PE Ratio is 29.25 as of Jul. 06, 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 Microvast Holdings (MVST) Overvalued in 2026?
Based on GuruFocus' analysis, Microvast Holdings stock appears to be undervalued.
The current stock price of $1.18 is trading 36.1% below its estimated GF Value™ of $1.84.
GuruFocus considers Microvast Holdings to be Possible Value Trap.
Key valuation signals for MVST:
Forward PE Ratio: 29.25
GF Value™: $1.84 vs. price of $1.18 (36.1% below fair value)
Industry Position: 120.8% above the Vehicles & Parts median (#479 of 594)
No single metric tells the full story. See the MVST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Microvast Holdings Inc develops lithium-ion battery technologies focused on high-performance solutions for commercial and industrial electrification. The Company designs, develops, and manufactures battery components and systems for electric commercial vehicles and energy storage systems (ESS), with applications across buses, trucks, port equipment, and mining machinery. It emphasizes innovation in battery design without relying on legacy technologies and supports platforms such as the IVECO eDaily and various bus models. The Company also provides services, repairs, and warranty and extended warranty support. It operates as a single reportable segment, covering design, development, manufacturing, sales, and leasing of battery systems, and generates the majority of its revenue from Europe.
72GF Score
Get the complete analysis for MVST
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
MVST has been successfully added to your 