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Shin-Etsu Chemical Co (OTCPK:SHECY) 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 .
Shin-Etsu Chemical Co Forward PE Ratio Related Terms
Shin-Etsu Chemical Co Forward PE Ratio Historical Data
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The historical data trend for Shin-Etsu Chemical Co'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.
Shin-Etsu Chemical Co Forward PE Ratio Chart
Shin-Etsu Chemical Co Annual Data
Trend
2019-03
2020-03
2021-03
2022-03
2023-03
2025-03
2026-03
Forward PE Ratio
12.45
13.72
23.47
14.66
15.24
13.96
19.05
Shin-Etsu Chemical Co Quarterly Data
2018-09
2018-12
2019-03
2019-06
2019-09
2019-12
2020-03
2020-06
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
14.33
11.47
12.45
13.09
15.17
15.15
13.72
15.82
19.53
22.73
23.47
22.08
23.98
22.73
14.66
11.78
10.99
12.21
15.24
15.78
13.96
16.58
16.99
16.56
19.05
SHECY vs DOW: Forward PE Ratio Comparison
For the Chemicals subindustry, Shin-Etsu Chemical Co'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.
Shin-Etsu Chemical Co Forward PE Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Shin-Etsu Chemical Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Shin-Etsu Chemical Co's Forward PE Ratio falls into.
Shin-Etsu Chemical Co 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.
Shin-Etsu Chemical Co (SHECY) has a Forward PE Ratio of 22.82 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 Shin-Etsu Chemical Co and its competitors. According to the industry distribution chart, Shin-Etsu Chemical Co ranks #434 out of 660 companies in the Chemicals industry, placing it in the top 65.8%.
Is Shin-Etsu Chemical Co's Forward PE Ratio too high?
Shin-Etsu Chemical Co's current Forward PE Ratio is 22.82. The Chemicals industry median Forward PE Ratio is 18.34. Shin-Etsu Chemical Co's value of 22.82 is 24.4% above this industry median. Based on the distribution chart, Shin-Etsu Chemical Co ranks #434 out of 660 companies in the Chemicals industry, which is below the industry midpoint. Overall, Shin-Etsu Chemical Co has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shin-Etsu Chemical Co's Forward PE Ratio compare to DOW?
According to the Chemicals industry distribution chart, Shin-Etsu Chemical Co ranks #434 out of 660 companies for Forward PE Ratio. This places Shin-Etsu Chemical Co in the lower half of its industry. The industry median Forward PE Ratio is 18.34. Shin-Etsu Chemical Co's value of 22.82 is 24.4% 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 Chemicals company?
The median Forward PE Ratio among Chemicals companies is 18.34, based on 660 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. Shin-Etsu Chemical Co's current Forward PE Ratio of 22.82 is 24.4% 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 Shin-Etsu Chemical Co and its competitors. For the Chemicals industry, the median Forward PE Ratio is 18.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin-Etsu Chemical Co's current Forward PE Ratio is 22.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin-Etsu Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Shin-Etsu Chemical Co (SHECY) is currently considered Modestly Overvalued. The stock's GF Value™ is $17.91, compared to a current price of $22.02 — trading 22.9% above its estimated fair value. The current Forward PE Ratio is 22.82 and 24.4% above the Chemicals industry median of 18.34. Shin-Etsu Chemical Co's overall GF Score™ is 95/100 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 Shin-Etsu Chemical Co (SHECY), the current Forward PE Ratio is 22.82 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 Shin-Etsu Chemical Co (SHECY) Overvalued in 2026?
Based on GuruFocus' analysis, Shin-Etsu Chemical Co stock appears to be overvalued.
The current stock price of $22.02 is trading 22.9% above its estimated GF Value™ of $17.91.
GuruFocus considers Shin-Etsu Chemical Co to be Modestly Overvalued.
Key valuation signals for SHECY:
Forward PE Ratio: 22.82
GF Value™: $17.91 vs. price of $22.02 (22.9% above fair value)
Industry Position: 24.4% above the Chemicals median (#434 of 660)
No single metric tells the full story. See the SHECY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shin Etsu Chemical is an industrial conglomerate that was founded in 1926. Some of its largest product groups are silicon metal, polymer, silicone, rare-earth, and cellulose products. It holds top rankings in several markets, notably as the largest PVC and silicon wafer producer globally. Shin-Etsu is most exposed to the construction, semiconductors, and pharmaceutical sectors. Shin Etsu employed 27,342 people as of March 31, 2026, and has production bases in 17 countries.
95GF Score
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