Citicore Renewable EnergyPHS:CREC 6 Forward PE Ratio is 14.33 as of Jul. 02, 2026. GuruFocus rates PHS:CREC with a GF Score™ of 6/100. The stock has 7 warning signs investors should review. Among 204 Utilities - Independent Power Producers companies, Citicore Renewable Energy ranks better than 55.39% on this metric.
Citicore Renewable Energy (PHS:CREC) 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 .
Citicore Renewable Energy Forward PE Ratio Related Terms
Citicore Renewable Energy 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.
Citicore Renewable Energy Forward PE Ratio Chart
Citicore Renewable Energy Annual Data
Trend
2025-12
Forward PE Ratio
12.01
Citicore Renewable Energy Quarterly Data
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
26.60
4.56
12.01
14.56
Citicore Renewable Energy Forward PE Ratio Competitor Comparison
For the Utilities - Renewable subindustry, Citicore Renewable Energy'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.
Citicore Renewable Energy Forward PE Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Citicore Renewable Energy's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Citicore Renewable Energy's Forward PE Ratio falls into.
Citicore Renewable Energy 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.
Citicore Renewable Energy (PHS:CREC) has a Forward PE Ratio of 14.33 as of Jul. 02, 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 Citicore Renewable Energy and its competitors. According to the industry distribution chart, Citicore Renewable Energy ranks #91 out of 204 companies in the Utilities - Independent Power Producers industry, placing it in the top 44.6%.
Is Citicore Renewable Energy's Forward PE Ratio too high?
Citicore Renewable Energy's current Forward PE Ratio is 14.33. The Utilities - Independent Power Producers industry median Forward PE Ratio is 15.28. Citicore Renewable Energy's value of 14.33 is 6.2% below this industry median. Based on the distribution chart, Citicore Renewable Energy ranks #91 out of 204 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Citicore Renewable Energy has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Citicore Renewable Energy's Forward PE Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Citicore Renewable Energy ranks #91 out of 204 companies for Forward PE Ratio. This puts Citicore Renewable Energy in the upper half of its industry. The industry median Forward PE Ratio is 15.28. Citicore Renewable Energy's value of 14.33 is 6.2% 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 Utilities - Independent Power Producers company?
The median Forward PE Ratio among Utilities - Independent Power Producers companies is 15.28, based on 204 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. Citicore Renewable Energy's current Forward PE Ratio of 14.33 is 6.2% 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 Citicore Renewable Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Forward PE Ratio is 15.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Citicore Renewable Energy's current Forward PE Ratio is 14.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Citicore Renewable Energy stock overvalued right now?
Citicore Renewable Energy (PHS:CREC) has a current Forward PE Ratio of 14.33. The current Forward PE Ratio is 14.33 and 6.2% below the Utilities - Independent Power Producers industry median of 15.28. Citicore Renewable Energy's overall GF Score™ is 6/100 with 7 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 Citicore Renewable Energy (PHS:CREC), the current Forward PE Ratio is 14.33 as of Jul. 02, 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.
Citicore Renewable Energy Corp is a company that manages a diversified portfolio of renewable energy generation projects, power project development operations, and retail electricity supply. Its renewable energy portfolio consists entirely of operating solar power plants. It also has over five Gigawatts of project pipelines in varying stages of development. The company also integrates solar power generation with agricultural crop production to provide positive energy, sustainable livelihood to small farmers, and assists with the country's food production needs.
6GF Score
Get the complete analysis for PHS:CREC
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
PHS:CREC has been successfully added to your 