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Noah HoldingsNOAH -0.81%73 Forward PE Ratio is 5.99 as of Jul. 24, 2026. GuruFocus rates NOAH with a GF Score™ of 73/100 and a GF Value™ of $11.20 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 325 Asset Management companies, Noah Holdings ranks better than 83.69% on this metric.
Noah Holdings (NYSE:NOAH) 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 .
Noah Holdings Forward PE Ratio Related Terms
Noah Holdings Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Noah 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.
Noah Holdings Forward PE Ratio Chart
Noah Holdings Annual Data
Trend
2017-12
2018-12
2024-12
2025-12
Forward PE Ratio
16.69
7.73
7.98
6.89
Noah Holdings Quarterly Data
2017-12
2018-09
2018-12
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
16.69
7.42
7.73
7.98
7.43
9.77
7.59
6.89
7.04
NOAH vs BHK, MUJ, BOE: Forward PE Ratio Comparison
For the Asset Management subindustry, Noah 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.
Noah Holdings Forward PE Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Noah Holdings's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Noah 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.
Noah Holdings (NOAH) has a Forward PE Ratio of 5.99 as of Jul. 24, 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 Noah Holdings and its competitors. According to the industry distribution chart, Noah Holdings ranks #53 out of 325 companies in the Asset Management industry, placing it in the top 16.3%.
Is Noah Holdings' Forward PE Ratio too high?
Noah Holdings' current Forward PE Ratio is 5.99. The Asset Management industry median Forward PE Ratio is 10.99. Noah Holdings' value of 5.99 is 45.5% below this industry median. Based on the distribution chart, Noah Holdings ranks #53 out of 325 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Noah Holdings has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Noah Holdings' Forward PE Ratio compare to BHK and MUJ?
According to the Asset Management industry distribution chart, Noah Holdings ranks #53 out of 325 companies for Forward PE Ratio. This places Noah Holdings in the top 16% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 10.99. Noah Holdings' value of 5.99 is 45.5% 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 an Asset Management company?
The median Forward PE Ratio among Asset Management companies is 10.99, based on 325 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. Noah Holdings's current Forward PE Ratio of 5.99 is 45.5% 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 Noah Holdings and its competitors. For the Asset Management industry, the median Forward PE Ratio is 10.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noah Holdings's current Forward PE Ratio is 5.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noah Holdings stock overvalued right now?
Based on GuruFocus' analysis, Noah Holdings (NOAH) is currently considered Modestly Undervalued. The stock's GF Value™ is $11.20, compared to a current price of $8.57 — trading 23.5% below its estimated fair value. The current Forward PE Ratio is 5.99 and 45.5% below the Asset Management industry median of 10.99. Noah Holdings' overall GF Score™ is 73/100 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 Noah Holdings (NOAH), the current Forward PE Ratio is 5.99 as of Jul. 24, 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 Noah Holdings (NOAH) Overvalued in 2026?
Based on GuruFocus' analysis, Noah Holdings stock appears to be undervalued.
The current stock price of $8.57 is trading 23.5% below its estimated GF Value™ of $11.20.
GuruFocus considers Noah Holdings to be Modestly Undervalued.
Key valuation signals for NOAH:
Forward PE Ratio: 5.99
GF Value™: $11.20 vs. price of $8.57 (23.5% below fair value)
Industry Position: 45.5% below the Asset Management median (#53 of 325)
No single metric tells the full story. See the NOAH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Noah Holdings Ltd is a wealth management service provider offering comprehensive advisory services on investment and asset allocation, mainly for Mandarin-speaking high-net-worth (HNW) investors. The company's operating segments are Domestic public securities, Domestic asset management, Domestic insurance, Overseas wealth management, Overseas asset management, Overseas insurance and comprehensive services, and Headquarters. Maximum revenue is generated from its Domestic asset management business, which manages private equity funds, real estate equity funds, and private secondary products. The domestic asset management operations focus on managing primary market exits and cross-border ETF products in the secondary market. Geographically, it derives maximum revenue from Mainland China.
73GF Score
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Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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