Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
China Three Gorges Renewables (Group) Co (SHSE:600905) 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 Three Gorges Renewables (Group) Co Forward PE Ratio Related Terms
China Three Gorges Renewables (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.
China Three Gorges Renewables (Group) Co Forward PE Ratio Chart
China Three Gorges Renewables (Group) Co Annual Data
Trend
2023-12
2024-12
2025-12
Forward PE Ratio
12.85
14.59
16.13
China Three Gorges Renewables (Group) Co Quarterly Data
2023-09
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
12.87
12.85
15.13
13.21
13.61
14.59
14.29
16.38
16.15
16.13
18.50
China Three Gorges Renewables (Group) Co Forward PE Ratio Competitor Comparison
For the Utilities - Renewable subindustry, China Three Gorges Renewables (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.
China Three Gorges Renewables (Group) Co Forward PE Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, China Three Gorges Renewables (Group) Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where China Three Gorges Renewables (Group) Co's Forward PE Ratio falls into.
China Three Gorges Renewables (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.
China Three Gorges Renewables (Group) Co (SHSE:600905) has a Forward PE Ratio of 21.77 as of Aug. 24, 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 Three Gorges Renewables (Group) Co and its competitors. According to the industry distribution chart, China Three Gorges Renewables (Group) Co ranks #143 out of 204 companies in the Utilities - Independent Power Producers industry, placing it in the top 70.1%.
Is China Three Gorges Renewables (Group) Co's Forward PE Ratio too high?
China Three Gorges Renewables (Group) Co's current Forward PE Ratio is 21.77. The Utilities - Independent Power Producers industry median Forward PE Ratio is 15.36. China Three Gorges Renewables (Group) Co's value of 21.77 is 41.8% above this industry median. Based on the distribution chart, China Three Gorges Renewables (Group) Co ranks #143 out of 204 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, China Three Gorges Renewables (Group) Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Three Gorges Renewables (Group) Co's Forward PE Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, China Three Gorges Renewables (Group) Co ranks #143 out of 204 companies for Forward PE Ratio. This places China Three Gorges Renewables (Group) Co in the lower half of its industry. The industry median Forward PE Ratio is 15.36. China Three Gorges Renewables (Group) Co's value of 21.77 is 41.8% 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 an Utilities - Independent Power Producers company?
The median Forward PE Ratio among Utilities - Independent Power Producers companies is 15.36, based on 204 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 Three Gorges Renewables (Group) Co's current Forward PE Ratio of 21.77 is 41.8% 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 China Three Gorges Renewables (Group) Co and its competitors. For the Utilities - Independent Power Producers industry, the median Forward PE Ratio is 15.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Three Gorges Renewables (Group) Co's current Forward PE Ratio is 21.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Three Gorges Renewables (Group) Co stock overvalued right now?
Based on GuruFocus' analysis, China Three Gorges Renewables (Group) Co (SHSE:600905) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.47, compared to a current price of ¥3.70 — trading 17.2% below its estimated fair value. The current Forward PE Ratio is 21.77 and 41.8% above the Utilities - Independent Power Producers industry median of 15.36. China Three Gorges Renewables (Group) Co's overall GF Score™ is 75/100 with 10 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 Three Gorges Renewables (Group) Co (SHSE:600905), the current Forward PE Ratio is 21.77 as of Aug. 24, 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 Three Gorges Renewables (Group) Co (SHSE:600905) Overvalued in 2026?
Based on GuruFocus' analysis, China Three Gorges Renewables (Group) Co stock appears to be undervalued.
The current stock price of ¥3.70 is trading 17.2% below its estimated GF Value™ of ¥4.47.
GuruFocus considers China Three Gorges Renewables (Group) Co to be Modestly Undervalued.
Key valuation signals for SHSE:600905:
Forward PE Ratio: 21.77
GF Value™: ¥4.47 vs. price of ¥3.70 (17.2% below fair value)
Industry Position: 41.8% above the Utilities - Independent Power Producers median (#143 of 204)
No single metric tells the full story. See the SHSE:600905 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Three Gorges Renewables is one of China's largest renewable energy producers. The firm operates wind farms, photovoltaic power plants, hydroelectric power plants, and energy storage projects. CTGR has a total generation capacity of about 52.4 gigawatts as of the end of 2025. The firm is also one of the largest offshore wind farm operators in China, with 7.5 GW of installed capacity at the end of 2025. Parent company China Three Gorges, a state-owned enterprise, owns approximately 52.3% of CTGR's issued shares as of the end of 2025.
75GF Score
Get the complete analysis for SHSE:600905
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:600905 has been successfully added to your 
