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Nine Dragons Paper (Holdings) (OTCPK:NDGPF) 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 .
Nine Dragons Paper (Holdings) Forward PE Ratio Related Terms
Nine Dragons Paper (Holdings) 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.
Nine Dragons Paper (Holdings) Forward PE Ratio Chart
Nine Dragons Paper (Holdings) Annual Data
Trend
2018-06
2019-06
2020-06
2021-06
2022-06
2023-06
2025-06
Forward PE Ratio
6.90
4.94
7.01
6.09
4.32
14.75
7.40
Nine Dragons Paper (Holdings) Semi-Annual Data
2018-06
2018-12
2019-06
2019-12
2020-06
2020-12
2021-06
2021-12
2022-06
2022-12
2023-06
2023-12
2024-12
2025-06
2025-12
Forward PE Ratio
6.90
3.53
4.94
6.35
7.01
9.80
6.09
4.47
4.32
6.71
14.75
11.26
7.18
7.40
8.05
Nine Dragons Paper (Holdings) Forward PE Ratio Competitor Comparison
For the Paper & Paper Products subindustry, Nine Dragons Paper (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.
Nine Dragons Paper (Holdings) Forward PE Ratio vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Nine Dragons Paper (Holdings)'s Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Nine Dragons Paper (Holdings)'s Forward PE Ratio falls into.
Nine Dragons Paper (Holdings) 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.
Nine Dragons Paper (Holdings) (NDGPF) has a Forward PE Ratio of 6.98 as of Jul. 17, 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 Nine Dragons Paper (Holdings) and its competitors. According to the industry distribution chart, Nine Dragons Paper (Holdings) ranks #10 out of 84 companies in the Forest Products industry, placing it in the top 11.9%.
Is Nine Dragons Paper (Holdings)'s Forward PE Ratio too high?
Nine Dragons Paper (Holdings)'s current Forward PE Ratio is 6.98. The Forest Products industry median Forward PE Ratio is 14.69. Nine Dragons Paper (Holdings)'s value of 6.98 is 52.5% below this industry median. Based on the distribution chart, Nine Dragons Paper (Holdings) ranks #10 out of 84 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Nine Dragons Paper (Holdings) has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nine Dragons Paper (Holdings)'s Forward PE Ratio compare to competitors?
According to the Forest Products industry distribution chart, Nine Dragons Paper (Holdings) ranks #10 out of 84 companies for Forward PE Ratio. This places Nine Dragons Paper (Holdings) in the top 12% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 14.69. Nine Dragons Paper (Holdings)'s value of 6.98 is 52.5% 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 Forest Products company?
The median Forward PE Ratio among Forest Products companies is 14.69, based on 84 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. Nine Dragons Paper (Holdings)'s current Forward PE Ratio of 6.98 is 52.5% 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 Nine Dragons Paper (Holdings) and its competitors. For the Forest Products industry, the median Forward PE Ratio is 14.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nine Dragons Paper (Holdings)'s current Forward PE Ratio is 6.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nine Dragons Paper (Holdings) stock overvalued right now?
Based on GuruFocus' analysis, Nine Dragons Paper (Holdings) (NDGPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.62, compared to a current price of $0.90 — trading 45.2% above its estimated fair value. The current Forward PE Ratio is 6.98 and 52.5% below the Forest Products industry median of 14.69. Nine Dragons Paper (Holdings)'s overall GF Score™ is 47/100 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 Nine Dragons Paper (Holdings) (NDGPF), the current Forward PE Ratio is 6.98 as of Jul. 17, 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 Nine Dragons Paper (Holdings) (NDGPF) Overvalued in 2026?
Based on GuruFocus' analysis, Nine Dragons Paper (Holdings) stock appears to be overvalued.
The current stock price of $0.90 is trading 45.2% above its estimated GF Value™ of $0.62.
GuruFocus considers Nine Dragons Paper (Holdings) to be Significantly Overvalued.
Key valuation signals for NDGPF:
Forward PE Ratio: 6.98
GF Value™: $0.62 vs. price of $0.90 (45.2% above fair value)
Industry Position: 52.5% below the Forest Products median (#10 of 84)
No single metric tells the full story. See the NDGPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nine Dragons Paper (Holdings) Business Description
Nine Dragons Paper (Holdings) Ltd operates as a paper products manufacturer. The company is a pulp and paper manufacturing group specializing in the integrated production of pulp and paper, with main products including various kinds of environmentally friendly packaging paper, printing and writing paper, high-end virgin paper, and products from the entire upstream and downstream production chain. Covering the full industry spectrum, it offers kraftlinerboard, testlinerboard, white top linerboard, coated linerboard, bleached folding boxboard, high-performance corrugating medium, coated duplex board, gypsum board cover paper, and more.
47GF Score
Get the complete analysis for NDGPF
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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