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Erayak Power Solution Group (NAS:RAYA) 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 .
Erayak Power Solution Group Forward PE Ratio Related Terms
Erayak Power Solution Group 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.
Erayak Power Solution Group Forward PE Ratio Chart
Erayak Power Solution Group Annual Data
Trend
2023-12
2024-12
Forward PE Ratio
3.82
3.93
Erayak Power Solution Group Semi-Annual Data
2023-12
2024-12
2025-06
Forward PE Ratio
3.82
3.93
6.60
RAYA vs LNKS, CCTG, ELPW: Forward PE Ratio Comparison
For the Electrical Equipment & Parts subindustry, Erayak Power Solution Group'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.
Erayak Power Solution Group Forward PE Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Erayak Power Solution Group's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Erayak Power Solution Group's Forward PE Ratio falls into.
Erayak Power Solution Group 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.
Erayak Power Solution Group (RAYA) has a Forward PE Ratio of 0.02 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 Erayak Power Solution Group and its competitors. According to the industry distribution chart, Erayak Power Solution Group ranks #1 out of 1286 companies in the Industrial Products industry, placing it in the top 0.099999999999994%.
Is Erayak Power Solution Group's Forward PE Ratio too high?
Erayak Power Solution Group's current Forward PE Ratio is 0.02. The Industrial Products industry median Forward PE Ratio is 18.87. Erayak Power Solution Group's value of 0.02 is 99.9% below this industry median. Based on the distribution chart, Erayak Power Solution Group ranks #1 out of 1286 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Erayak Power Solution Group has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Erayak Power Solution Group's Forward PE Ratio compare to LNKS and CCTG?
According to the Industrial Products industry distribution chart, Erayak Power Solution Group ranks #1 out of 1286 companies for Forward PE Ratio. This places Erayak Power Solution Group in the top 0% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 18.87. Erayak Power Solution Group's value of 0.02 is 99.9% 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 Industrial Products company?
The median Forward PE Ratio among Industrial Products companies is 18.87, based on 1,286 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. Erayak Power Solution Group's current Forward PE Ratio of 0.02 is 99.9% 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 Erayak Power Solution Group and its competitors. For the Industrial Products industry, the median Forward PE Ratio is 18.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Erayak Power Solution Group's current Forward PE Ratio is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Erayak Power Solution Group stock overvalued right now?
Based on GuruFocus' analysis, Erayak Power Solution Group (RAYA) is currently considered Possible Value Trap. The stock's GF Value™ is $2,173.07, compared to a current price of $2.62 — trading 99.9% below its estimated fair value. The current Forward PE Ratio is 0.02 and 99.9% below the Industrial Products industry median of 18.87. Erayak Power Solution Group's overall GF Score™ is 54/100 with 8 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 Erayak Power Solution Group (RAYA), the current Forward PE Ratio is 0.02 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 Erayak Power Solution Group (RAYA) Overvalued in 2026?
Based on GuruFocus' analysis, Erayak Power Solution Group stock appears to be undervalued.
The current stock price of $2.62 is trading 99.9% below its estimated GF Value™ of $2,173.07.
GuruFocus considers Erayak Power Solution Group to be Possible Value Trap.
Key valuation signals for RAYA:
Forward PE Ratio: 0.02
GF Value™: $2,173.07 vs. price of $2.62 (99.9% below fair value)
Industry Position: 99.9% below the Industrial Products median (#1 of 1286)
No single metric tells the full story. See the RAYA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Erayak Power Solution Group Inc is engaged in the manufacturing, research and development (R&D), and wholesale and retail of power solution products. The group focuses on manufacturing new energy storage and inverter devices. Its product portfolio includes sine wave and off-grid inverters, inverters and gasoline generators, battery and smart chargers, and custom-designed products. The products are used principally in agricultural and industrial vehicles, recreational vehicles (RVs), electrical appliances, and outdoor living products. The company generates the majority of its revenue from Inverters. The company generates revenue from five main markets, which are China, Poland, Mexico, the U.K., and Portugal. It derives maximum revenue from China.
54GF Score
Get the complete analysis for RAYA
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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