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China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) 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 .
China Northern Rare Earth (Group) High-Tech Co Forward PE Ratio Related Terms
China Northern Rare Earth (Group) High-Tech Co 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.
China Northern Rare Earth (Group) High-Tech Co Forward PE Ratio Chart
China Northern Rare Earth (Group) High-Tech Co Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
35.07
44.85
China Northern Rare Earth (Group) High-Tech Co Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
35.07
35.77
43.73
44.69
44.85
45.58
42.69
China Northern Rare Earth (Group) High-Tech Co Forward PE Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, China Northern Rare Earth (Group) High-Tech 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.
China Northern Rare Earth (Group) High-Tech Co Forward PE Ratio vs Metals & Mining Industry
China Northern Rare Earth (Group) High-Tech 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.
China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) has a Forward PE Ratio of 35.83 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 China Northern Rare Earth (Group) High-Tech Co and its competitors. According to the industry distribution chart, China Northern Rare Earth (Group) High-Tech Co ranks #429 out of 496 companies in the Metals & Mining industry, placing it in the top 86.5%.
Is China Northern Rare Earth (Group) High-Tech Co's Forward PE Ratio too high?
China Northern Rare Earth (Group) High-Tech Co's current Forward PE Ratio is 35.83. The Metals & Mining industry median Forward PE Ratio is 12.55. China Northern Rare Earth (Group) High-Tech Co's value of 35.83 is 185.6% above this industry median. Based on the distribution chart, China Northern Rare Earth (Group) High-Tech Co ranks #429 out of 496 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, China Northern Rare Earth (Group) High-Tech Co has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Northern Rare Earth (Group) High-Tech Co's Forward PE Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, China Northern Rare Earth (Group) High-Tech Co ranks #429 out of 496 companies for Forward PE Ratio. This places China Northern Rare Earth (Group) High-Tech Co in the lower half of its industry. The industry median Forward PE Ratio is 12.55. China Northern Rare Earth (Group) High-Tech Co's value of 35.83 is 185.6% 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 Metals & Mining company?
The median Forward PE Ratio among Metals & Mining companies is 12.55, based on 496 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. China Northern Rare Earth (Group) High-Tech Co's current Forward PE Ratio of 35.83 is 185.6% 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 China Northern Rare Earth (Group) High-Tech Co and its competitors. For the Metals & Mining industry, the median Forward PE Ratio is 12.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Northern Rare Earth (Group) High-Tech Co's current Forward PE Ratio is 35.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Northern Rare Earth (Group) High-Tech Co stock overvalued right now?
Based on GuruFocus' analysis, China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥35.28, compared to a current price of ¥40.17 — trading 13.9% above its estimated fair value. The current Forward PE Ratio is 35.83 and 185.6% above the Metals & Mining industry median of 12.55. China Northern Rare Earth (Group) High-Tech Co's overall GF Score™ is 88/100 with 5 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 China Northern Rare Earth (Group) High-Tech Co (SHSE:600111), the current Forward PE Ratio is 35.83 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 China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) Overvalued in 2026?
Based on GuruFocus' analysis, China Northern Rare Earth (Group) High-Tech Co stock appears to be overvalued.
The current stock price of ¥40.17 is trading 13.9% above its estimated GF Value™ of ¥35.28.
GuruFocus considers China Northern Rare Earth (Group) High-Tech Co to be Modestly Overvalued.
Key valuation signals for SHSE:600111:
Forward PE Ratio: 35.83
GF Value™: ¥35.28 vs. price of ¥40.17 (13.9% above fair value)
Industry Position: 185.6% above the Metals & Mining median (#429 of 496)
No single metric tells the full story. See the SHSE:600111 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Northern Rare Earth (Group) High-Tech Co Ltd is a China-based company operating in the non-ferrous metal smelting and rolling processing industry. It refines and sells rare earth minerals and resources. The company operates through four segments. The Trading Business segment focuses on the distribution of rare earth raw materials. The Production Business segment is involved in the manufacturing of these raw materials. The Rare Earth Functional Materials and Application Products segment covers the development and sale of rare earth-based materials and their applications. The Environmental Protection Industry and Others segment provides services related to environmental management, including the treatment and recycling of waste gas, wastewater, and solid waste.
88GF Score
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