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Jiangxi Hongcheng Environment Co (SHSE:600461) 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 .
Jiangxi Hongcheng Environment Co Forward PE Ratio Related Terms
Jiangxi Hongcheng Environment 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.
Jiangxi Hongcheng Environment Co Forward PE Ratio Chart
Jiangxi Hongcheng Environment Co Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
10.11
9.28
Jiangxi Hongcheng Environment Co Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
10.11
9.50
9.87
8.53
9.28
9.75
SHSE:600461 vs AWK, WTRG, AWR: Forward PE Ratio Comparison
For the Utilities - Regulated Water subindustry, Jiangxi Hongcheng Environment 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.
Jiangxi Hongcheng Environment Co Forward PE Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Jiangxi Hongcheng Environment Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Jiangxi Hongcheng Environment Co's Forward PE Ratio falls into.
Jiangxi Hongcheng Environment 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.
Jiangxi Hongcheng Environment Co (SHSE:600461) has a Forward PE Ratio of 9.21 as of Aug. 13, 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 Jiangxi Hongcheng Environment Co and its competitors. According to the industry distribution chart, Jiangxi Hongcheng Environment Co ranks #51 out of 275 companies in the Utilities - Regulated industry, placing it in the top 18.5%.
Is Jiangxi Hongcheng Environment Co's Forward PE Ratio too high?
Jiangxi Hongcheng Environment Co's current Forward PE Ratio is 9.21. The Utilities - Regulated industry median Forward PE Ratio is 14.37. Jiangxi Hongcheng Environment Co's value of 9.21 is 35.9% below this industry median. Based on the distribution chart, Jiangxi Hongcheng Environment Co ranks #51 out of 275 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Jiangxi Hongcheng Environment Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jiangxi Hongcheng Environment Co's Forward PE Ratio compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Jiangxi Hongcheng Environment Co ranks #51 out of 275 companies for Forward PE Ratio. This places Jiangxi Hongcheng Environment Co in the top 19% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 14.37. Jiangxi Hongcheng Environment Co's value of 9.21 is 35.9% 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 an Utilities - Regulated company?
The median Forward PE Ratio among Utilities - Regulated companies is 14.37, based on 275 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. Jiangxi Hongcheng Environment Co's current Forward PE Ratio of 9.21 is 35.9% 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 Jiangxi Hongcheng Environment Co and its competitors. For the Utilities - Regulated industry, the median Forward PE Ratio is 14.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangxi Hongcheng Environment Co's current Forward PE Ratio is 9.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangxi Hongcheng Environment Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangxi Hongcheng Environment Co (SHSE:600461) is currently considered Fairly Valued. The stock's GF Value™ is ¥8.29, compared to a current price of ¥8.93 — trading 7.7% above its estimated fair value. The current Forward PE Ratio is 9.21 and 35.9% below the Utilities - Regulated industry median of 14.37. Jiangxi Hongcheng Environment Co's overall GF Score™ is 66/100 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 Jiangxi Hongcheng Environment Co (SHSE:600461), the current Forward PE Ratio is 9.21 as of Aug. 13, 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 Jiangxi Hongcheng Environment Co (SHSE:600461) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangxi Hongcheng Environment Co stock appears to be overvalued.
The current stock price of ¥8.93 is trading 7.7% above its estimated GF Value™ of ¥8.29.
GuruFocus considers Jiangxi Hongcheng Environment Co to be Fairly Valued.
Key valuation signals for SHSE:600461:
Forward PE Ratio: 9.21
GF Value™: ¥8.29 vs. price of ¥8.93 (7.7% above fair value)
Industry Position: 35.9% below the Utilities - Regulated median (#51 of 275)
No single metric tells the full story. See the SHSE:600461 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangxi Hongcheng Environment Co Ltd is a China-based engaged in the production and operation of water and wastewater treatment. The company is mainly engaged in tap water production and supply, sewage treatment, gas energy and other businesses.
66GF Score
Get the complete analysis for SHSE:600461
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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