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Shan Xi Hua Yang Group New Energy Co (SHSE:600348) 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 .
Shan Xi Hua Yang Group New Energy Co Forward PE Ratio Related Terms
Shan Xi Hua Yang Group New Energy 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.
Shan Xi Hua Yang Group New Energy Co Forward PE Ratio Chart
Shan Xi Hua Yang Group New Energy Co Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
7.38
15.42
Shan Xi Hua Yang Group New Energy Co Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
7.38
7.59
10.77
11.34
15.42
17.34
Shan Xi Hua Yang Group New Energy Co Forward PE Ratio Competitor Comparison
For the Thermal Coal subindustry, Shan Xi Hua Yang Group New Energy 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.
Shan Xi Hua Yang Group New Energy Co Forward PE Ratio vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Shan Xi Hua Yang Group New Energy Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Shan Xi Hua Yang Group New Energy Co's Forward PE Ratio falls into.
Shan Xi Hua Yang Group New Energy 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.
Shan Xi Hua Yang Group New Energy Co (SHSE:600348) has a Forward PE Ratio of 13.02 as of Aug. 12, 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 Shan Xi Hua Yang Group New Energy Co and its competitors. According to the industry distribution chart, Shan Xi Hua Yang Group New Energy Co ranks #35 out of 64 companies in the Other Energy Sources industry, placing it in the top 54.7%.
Is Shan Xi Hua Yang Group New Energy Co's Forward PE Ratio too high?
Shan Xi Hua Yang Group New Energy Co's current Forward PE Ratio is 13.02. The Other Energy Sources industry median Forward PE Ratio is 12.36. Shan Xi Hua Yang Group New Energy Co's value of 13.02 is 5.4% above this industry median. Based on the distribution chart, Shan Xi Hua Yang Group New Energy Co ranks #35 out of 64 companies in the Other Energy Sources industry, which is below the industry midpoint. Overall, Shan Xi Hua Yang Group New Energy Co has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shan Xi Hua Yang Group New Energy Co's Forward PE Ratio compare to competitors?
According to the Other Energy Sources industry distribution chart, Shan Xi Hua Yang Group New Energy Co ranks #35 out of 64 companies for Forward PE Ratio. This places Shan Xi Hua Yang Group New Energy Co in the lower half of its industry. The industry median Forward PE Ratio is 12.36. Shan Xi Hua Yang Group New Energy Co's value of 13.02 is 5.4% 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 an Other Energy Sources company?
The median Forward PE Ratio among Other Energy Sources companies is 12.36, based on 64 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. Shan Xi Hua Yang Group New Energy Co's current Forward PE Ratio of 13.02 is 5.4% 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 Shan Xi Hua Yang Group New Energy Co and its competitors. For the Other Energy Sources industry, the median Forward PE Ratio is 12.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shan Xi Hua Yang Group New Energy Co's current Forward PE Ratio is 13.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shan Xi Hua Yang Group New Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Shan Xi Hua Yang Group New Energy Co (SHSE:600348) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.35, compared to a current price of ¥8.59 — trading 60.6% above its estimated fair value. The current Forward PE Ratio is 13.02 and 5.4% above the Other Energy Sources industry median of 12.36. Shan Xi Hua Yang Group New Energy Co's overall GF Score™ is 57/100 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 Shan Xi Hua Yang Group New Energy Co (SHSE:600348), the current Forward PE Ratio is 13.02 as of Aug. 12, 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 Shan Xi Hua Yang Group New Energy Co (SHSE:600348) Overvalued in 2026?
Based on GuruFocus' analysis, Shan Xi Hua Yang Group New Energy Co stock appears to be overvalued.
The current stock price of ¥8.59 is trading 60.6% above its estimated GF Value™ of ¥5.35.
GuruFocus considers Shan Xi Hua Yang Group New Energy Co to be Significantly Overvalued.
Key valuation signals for SHSE:600348:
Forward PE Ratio: 13.02
GF Value™: ¥5.35 vs. price of ¥8.59 (60.6% above fair value)
Industry Position: 5.4% above the Other Energy Sources median (#35 of 64)
No single metric tells the full story. See the SHSE:600348 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shan Xi Hua Yang Group New Energy Co Ltd is mainly engaged in coal mining, processing, and distribution, as well as power generation and heat supply. The company mainly produces smokeless coal, which is widely applied across various sectors including power generation, fertilizer manufacturing, metallurgy, machinery, and construction materials. Its power supply business serves both industrial operations and household consumption, while its heating services support industrial processes and urban residential heating needs.
57GF Score
Get the complete analysis for SHSE:600348
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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