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SAIC Motor (SHSE:600104) 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 .
SAIC Motor Forward PE Ratio Related Terms
SAIC Motor Forward PE Ratio Historical Data
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The historical data trend for SAIC Motor'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.
SAIC Motor Forward PE Ratio Chart
SAIC Motor Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
8.39
7.49
10.24
7.49
8.44
8.76
8.19
10.46
8.74
19.50
12.96
SAIC Motor Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2017-09
2017-12
2018-03
2018-06
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
2023-06
2023-09
2023-12
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
8.39
7.52
7.80
7.64
7.49
8.11
9.92
9.32
10.24
10.30
10.68
9.62
7.49
8.14
7.96
7.62
8.44
7.22
9.23
7.71
8.76
7.52
9.49
7.81
8.19
6.72
9.47
6.37
10.46
10.43
10.55
9.73
8.74
19.50
16.93
17.80
13.62
12.96
12.48
SHSE:600104 vs TSLA, GM, F: Forward PE Ratio Comparison
For the Auto Manufacturers subindustry, SAIC Motor'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.
SAIC Motor Forward PE Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, SAIC Motor's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where SAIC Motor'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.
SAIC Motor (SHSE:600104) has a Forward PE Ratio of 10.65 as of Aug. 26, 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 SAIC Motor and its competitors. According to the industry distribution chart, SAIC Motor ranks #204 out of 599 companies in the Vehicles & Parts industry, placing it in the top 34.1%.
Is SAIC Motor's Forward PE Ratio too high?
SAIC Motor's current Forward PE Ratio is 10.65. The Vehicles & Parts industry median Forward PE Ratio is 13.74. SAIC Motor's value of 10.65 is 22.5% below this industry median. Based on the distribution chart, SAIC Motor ranks #204 out of 599 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, SAIC Motor has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SAIC Motor's Forward PE Ratio compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, SAIC Motor ranks #204 out of 599 companies for Forward PE Ratio. This puts SAIC Motor in the upper half of its industry. The industry median Forward PE Ratio is 13.74. SAIC Motor's value of 10.65 is 22.5% 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 a Vehicles & Parts company?
The median Forward PE Ratio among Vehicles & Parts companies is 13.74, based on 599 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. SAIC Motor's current Forward PE Ratio of 10.65 is 22.5% 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 SAIC Motor and its competitors. For the Vehicles & Parts industry, the median Forward PE Ratio is 13.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SAIC Motor's current Forward PE Ratio is 10.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SAIC Motor stock overvalued right now?
Based on GuruFocus' analysis, SAIC Motor (SHSE:600104) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥13.97, compared to a current price of ¥10.39 — trading 25.6% below its estimated fair value. The current Forward PE Ratio is 10.65 and 22.5% below the Vehicles & Parts industry median of 13.74. SAIC Motor's overall GF Score™ is 59/100 with 4 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 SAIC Motor (SHSE:600104), the current Forward PE Ratio is 10.65 as of Aug. 26, 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 SAIC Motor (SHSE:600104) Overvalued in 2026?
Based on GuruFocus' analysis, SAIC Motor stock appears to be undervalued.
The current stock price of ¥10.39 is trading 25.6% below its estimated GF Value™ of ¥13.97.
GuruFocus considers SAIC Motor to be Modestly Undervalued.
Key valuation signals for SHSE:600104:
Forward PE Ratio: 10.65
GF Value™: ¥13.97 vs. price of ¥10.39 (25.6% below fair value)
Industry Position: 22.5% below the Vehicles & Parts median (#204 of 599)
No single metric tells the full story. See the SHSE:600104 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SAIC Motor Corp Ltd builds and sells passenger cars and commercial vehicles. The company operates its business through two segments: the Vehicle and Parts Segment and the Financial Services Segment. The Vehicle and Parts segment focuses on the manufacturing and sale of automobiles and components. The Financial Services segment is engaged in offering various financial solutions. It generates the majority of its revenue from the Vehicle and Parts Segment.
59GF Score
Get the complete analysis for SHSE:600104
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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