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Shandong Hi-Speed Co (SHSE:600350) 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 .
Shandong Hi-Speed Co Forward PE Ratio Related Terms
Shandong Hi-Speed Co Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Shandong Hi-Speed 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.
Shandong Hi-Speed Co Forward PE Ratio Chart
Shandong Hi-Speed Co Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
14.32
13.64
Shandong Hi-Speed Co Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
14.32
14.38
15.46
12.07
13.64
14.86
15.61
Shandong Hi-Speed Co Forward PE Ratio Competitor Comparison
For the Infrastructure Operations subindustry, Shandong Hi-Speed 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.
Shandong Hi-Speed Co Forward PE Ratio vs Construction Industry
For the Construction industry and Industrials sector, Shandong Hi-Speed Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Shandong Hi-Speed Co'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.
Shandong Hi-Speed Co (SHSE:600350) has a Forward PE Ratio of 14.86 as of Sep. 11, 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 Shandong Hi-Speed Co and its competitors. According to the industry distribution chart, Shandong Hi-Speed Co ranks #403 out of 655 companies in the Construction industry, placing it in the top 61.5%.
Is Shandong Hi-Speed Co's Forward PE Ratio too high?
Shandong Hi-Speed Co's current Forward PE Ratio is 14.86. The Construction industry median Forward PE Ratio is 12.72. Shandong Hi-Speed Co's value of 14.86 is 16.8% above this industry median. Based on the distribution chart, Shandong Hi-Speed Co ranks #403 out of 655 companies in the Construction industry, which is below the industry midpoint. Overall, Shandong Hi-Speed Co has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Hi-Speed Co's Forward PE Ratio compare to competitors?
According to the Construction industry distribution chart, Shandong Hi-Speed Co ranks #403 out of 655 companies for Forward PE Ratio. This places Shandong Hi-Speed Co in the lower half of its industry. The industry median Forward PE Ratio is 12.72. Shandong Hi-Speed Co's value of 14.86 is 16.8% 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 Construction company?
The median Forward PE Ratio among Construction companies is 12.72, based on 655 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. Shandong Hi-Speed Co's current Forward PE Ratio of 14.86 is 16.8% 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 Shandong Hi-Speed Co and its competitors. For the Construction industry, the median Forward PE Ratio is 12.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Hi-Speed Co's current Forward PE Ratio is 14.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Hi-Speed Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Hi-Speed Co (SHSE:600350) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥8.20, compared to a current price of ¥10.15 — trading 23.8% above its estimated fair value. The current Forward PE Ratio is 14.86 and 16.8% above the Construction industry median of 12.72. Shandong Hi-Speed Co's overall GF Score™ is 67/100 with 8 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 Shandong Hi-Speed Co (SHSE:600350), the current Forward PE Ratio is 14.86 as of Sep. 11, 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 Shandong Hi-Speed Co (SHSE:600350) Overvalued in 2026?
Based on GuruFocus' analysis, Shandong Hi-Speed Co stock appears to be overvalued.
The current stock price of ¥10.15 is trading 23.8% above its estimated GF Value™ of ¥8.20.
GuruFocus considers Shandong Hi-Speed Co to be Modestly Overvalued.
Key valuation signals for SHSE:600350:
Forward PE Ratio: 14.86
GF Value™: ¥8.20 vs. price of ¥10.15 (23.8% above fair value)
Industry Position: 16.8% above the Construction median (#403 of 655)
No single metric tells the full story. See the SHSE:600350 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shandong Hi-Speed Co Ltd is a China-based company mainly engaged in the investment and operation of transportation infrastructure. It is also engaged in activities of equity investment in the upstream and downstream industries, finance, and environmental protection of the highway industry chain. It operates and maintains toll roads, bridges, tunnels, and other infrastructure facilities. The company earns majority revenue in the form of Toll, railway transportation, sales of goods, project construction, and other businesses.
67GF Score
Get the complete analysis for SHSE:600350
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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