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Co-Tech Development (ROCO:8358) 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 .
Co-Tech Development Forward PE Ratio Related Terms
Co-Tech Development Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Co-Tech Development'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.
Co-Tech Development Forward PE Ratio Chart
Co-Tech Development Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
14.47
22.68
Co-Tech Development Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
14.47
13.77
14.16
27.52
22.68
20.20
52.01
ROCO:8358 vs APH, GLW, TEL: Forward PE Ratio Comparison
For the Electronic Components subindustry, Co-Tech Development'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.
Co-Tech Development Forward PE Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Co-Tech Development's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Co-Tech Development'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.
Co-Tech Development (ROCO:8358) has a Forward PE Ratio of 41.94 as of Aug. 22, 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 Co-Tech Development and its competitors. According to the industry distribution chart, Co-Tech Development ranks #759 out of 1025 companies in the Hardware industry, placing it in the top 74%.
Is Co-Tech Development's Forward PE Ratio too high?
Co-Tech Development's current Forward PE Ratio is 41.94. The Hardware industry median Forward PE Ratio is 21.47. Co-Tech Development's value of 41.94 is 95.3% above this industry median. Based on the distribution chart, Co-Tech Development ranks #759 out of 1025 companies in the Hardware industry, which is below the industry midpoint. Overall, Co-Tech Development has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Co-Tech Development's Forward PE Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Co-Tech Development ranks #759 out of 1025 companies for Forward PE Ratio. This places Co-Tech Development in the lower half of its industry. The industry median Forward PE Ratio is 21.47. Co-Tech Development's value of 41.94 is 95.3% 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 Hardware company?
The median Forward PE Ratio among Hardware companies is 21.47, based on 1,025 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. Co-Tech Development's current Forward PE Ratio of 41.94 is 95.3% 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 Co-Tech Development and its competitors. For the Hardware industry, the median Forward PE Ratio is 21.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Co-Tech Development's current Forward PE Ratio is 41.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Co-Tech Development stock overvalued right now?
Based on GuruFocus' analysis, Co-Tech Development (ROCO:8358) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$105.70, compared to a current price of NT$436.00 — trading 312.5% above its estimated fair value. The current Forward PE Ratio is 41.94 and 95.3% above the Hardware industry median of 21.47. Co-Tech Development's overall GF Score™ is 75/100 with 2 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 Co-Tech Development (ROCO:8358), the current Forward PE Ratio is 41.94 as of Aug. 22, 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 Co-Tech Development (ROCO:8358) Overvalued in 2026?
Based on GuruFocus' analysis, Co-Tech Development stock appears to be overvalued.
The current stock price of NT$436.00 is trading 312.5% above its estimated GF Value™ of NT$105.70.
GuruFocus considers Co-Tech Development to be Significantly Overvalued.
Key valuation signals for ROCO:8358:
Forward PE Ratio: 41.94
GF Value™: NT$105.70 vs. price of NT$436.00 (312.5% above fair value)
Industry Position: 95.3% above the Hardware median (#759 of 1025)
No single metric tells the full story. See the ROCO:8358 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Co-Tech Development Corp manufactures and sells standard, low profile and high-performance series of copper foil products to supply the printed circuit board industry. Its products include IT, 3C Products HDI, LED car lighting module, Server, Switch, Storage, Rigid-Flex PCB, Touch module, 3D face recognition, Automotive market, 5G Antenna Radar, ADAS, HDI / Rigid-Flex Board, Touch module, Wearable devices / VR, Augmented Reality, Mobile terminal, 3D face recognition, Communication module. The group has only copper foil segment operating in two principal geographical areas - Taiwan and China.
75GF Score
Get the complete analysis for ROCO:8358
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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