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NBTM New Materials Group Co (SHSE:600114) 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 .
NBTM New Materials Group Co Forward PE Ratio Related Terms
NBTM New Materials Group 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.
NBTM New Materials Group Co Forward PE Ratio Chart
NBTM New Materials Group Co Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
18.38
26.47
NBTM New Materials Group Co Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
18.38
22.63
22.14
28.81
26.47
24.57
36.05
SHSE:600114 vs ORLY, AZO, GPC: Forward PE Ratio Comparison
For the Auto Parts subindustry, NBTM New Materials Group 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.
NBTM New Materials Group Co Forward PE Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, NBTM New Materials Group Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where NBTM New Materials Group Co's Forward PE Ratio falls into.
NBTM New Materials Group 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.
NBTM New Materials Group Co (SHSE:600114) has a Forward PE Ratio of 27.80 as of Aug. 31, 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 NBTM New Materials Group Co and its competitors. According to the industry distribution chart, NBTM New Materials Group Co ranks #486 out of 599 companies in the Vehicles & Parts industry, placing it in the top 81.1%.
Is NBTM New Materials Group Co's Forward PE Ratio too high?
NBTM New Materials Group Co's current Forward PE Ratio is 27.80. The Vehicles & Parts industry median Forward PE Ratio is 13.87. NBTM New Materials Group Co's value of 27.80 is 100.4% above this industry median. Based on the distribution chart, NBTM New Materials Group Co ranks #486 out of 599 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, NBTM New Materials Group Co has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NBTM New Materials Group Co's Forward PE Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, NBTM New Materials Group Co ranks #486 out of 599 companies for Forward PE Ratio. This places NBTM New Materials Group Co in the lower half of its industry. The industry median Forward PE Ratio is 13.87. NBTM New Materials Group Co's value of 27.80 is 100.4% 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 Vehicles & Parts company?
The median Forward PE Ratio among Vehicles & Parts companies is 13.87, 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. NBTM New Materials Group Co's current Forward PE Ratio of 27.80 is 100.4% 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 NBTM New Materials Group Co and its competitors. For the Vehicles & Parts industry, the median Forward PE Ratio is 13.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NBTM New Materials Group Co's current Forward PE Ratio is 27.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NBTM New Materials Group Co stock overvalued right now?
Based on GuruFocus' analysis, NBTM New Materials Group Co (SHSE:600114) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥24.24, compared to a current price of ¥30.85 — trading 27.3% above its estimated fair value. The current Forward PE Ratio is 27.80 and 100.4% above the Vehicles & Parts industry median of 13.87. NBTM New Materials Group Co's overall GF Score™ is 93/100 with 1 warning sign 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 NBTM New Materials Group Co (SHSE:600114), the current Forward PE Ratio is 27.80 as of Aug. 31, 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 NBTM New Materials Group Co (SHSE:600114) Overvalued in 2026?
Based on GuruFocus' analysis, NBTM New Materials Group Co stock appears to be overvalued.
The current stock price of ¥30.85 is trading 27.3% above its estimated GF Value™ of ¥24.24.
GuruFocus considers NBTM New Materials Group Co to be Modestly Overvalued.
Key valuation signals for SHSE:600114:
Forward PE Ratio: 27.80
GF Value™: ¥24.24 vs. price of ¥30.85 (27.3% above fair value)
Industry Position: 100.4% above the Vehicles & Parts median (#486 of 599)
No single metric tells the full story. See the SHSE:600114 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NBTM New Materials Group Co Ltd is engaged in producing and selling powder metal structural parts and magnetic materials components in China. It provides car parts, such as car engine, auto transmission, auto chassis, and other products; new energy parts; air condition compressor and refrigerator compressor parts for home appliances; and motorcycle engines, clutches, driven gears, and other components.
93GF Score
Get the complete analysis for SHSE:600114
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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