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Henan Mingtai Al Industrial Co (SHSE:601677) 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 .
Henan Mingtai Al Industrial Co Forward PE Ratio Related Terms
Henan Mingtai Al Industrial 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.
Henan Mingtai Al Industrial Co Forward PE Ratio Chart
Henan Mingtai Al Industrial Co Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
7.42
8.74
Henan Mingtai Al Industrial Co Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
7.42
7.89
8.06
8.18
8.74
8.93
8.75
SHSE:601677 vs AA: Forward PE Ratio Comparison
For the Aluminum subindustry, Henan Mingtai Al Industrial 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.
Henan Mingtai Al Industrial Co Forward PE Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Henan Mingtai Al Industrial Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Henan Mingtai Al Industrial Co's Forward PE Ratio falls into.
Henan Mingtai Al Industrial 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.
Henan Mingtai Al Industrial Co (SHSE:601677) has a Forward PE Ratio of 8.71 as of Aug. 29, 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 Henan Mingtai Al Industrial Co and its competitors. According to the industry distribution chart, Henan Mingtai Al Industrial Co ranks #144 out of 497 companies in the Metals & Mining industry, placing it in the top 29%.
Is Henan Mingtai Al Industrial Co's Forward PE Ratio too high?
Henan Mingtai Al Industrial Co's current Forward PE Ratio is 8.71. The Metals & Mining industry median Forward PE Ratio is 13.16. Henan Mingtai Al Industrial Co's value of 8.71 is 33.8% below this industry median. Based on the distribution chart, Henan Mingtai Al Industrial Co ranks #144 out of 497 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Henan Mingtai Al Industrial Co has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Henan Mingtai Al Industrial Co's Forward PE Ratio compare to AA?
According to the Metals & Mining industry distribution chart, Henan Mingtai Al Industrial Co ranks #144 out of 497 companies for Forward PE Ratio. This puts Henan Mingtai Al Industrial Co in the upper half of its industry. The industry median Forward PE Ratio is 13.16. Henan Mingtai Al Industrial Co's value of 8.71 is 33.8% 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 a Metals & Mining company?
The median Forward PE Ratio among Metals & Mining companies is 13.16, based on 497 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. Henan Mingtai Al Industrial Co's current Forward PE Ratio of 8.71 is 33.8% 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 Henan Mingtai Al Industrial Co and its competitors. For the Metals & Mining industry, the median Forward PE Ratio is 13.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Henan Mingtai Al Industrial Co's current Forward PE Ratio is 8.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Henan Mingtai Al Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Henan Mingtai Al Industrial Co (SHSE:601677) is currently considered Fairly Valued. The stock's GF Value™ is ¥16.67, compared to a current price of ¥17.08 — trading 2.5% above its estimated fair value. The current Forward PE Ratio is 8.71 and 33.8% below the Metals & Mining industry median of 13.16. Henan Mingtai Al Industrial Co's overall GF Score™ is 90/100 with 3 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 Henan Mingtai Al Industrial Co (SHSE:601677), the current Forward PE Ratio is 8.71 as of Aug. 29, 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 Henan Mingtai Al Industrial Co (SHSE:601677) Overvalued in 2026?
Based on GuruFocus' analysis, Henan Mingtai Al Industrial Co stock appears to be overvalued.
The current stock price of ¥17.08 is trading 2.5% above its estimated GF Value™ of ¥16.67.
GuruFocus considers Henan Mingtai Al Industrial Co to be Fairly Valued.
Key valuation signals for SHSE:601677:
Forward PE Ratio: 8.71
GF Value™: ¥16.67 vs. price of ¥17.08 (2.5% above fair value)
Industry Position: 33.8% below the Metals & Mining median (#144 of 497)
No single metric tells the full story. See the SHSE:601677 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Henan Mingtai Al Industrial Co Ltd is a China based aluminum processing enterprise. It is involved in the producing and selling aluminum products. The products offered by the company include CTP plate stock, PS plate stock, aluminum electrode capacitor foil, foil stock, deep-draw stock, brazing sheet, alloy sheet and plate, and others. The products are used in different industries such as automobile making, traffic and transportation, packaging and containers, buildings and decorations, electrical and electronic, printing, among others. The company has the business presence in China and other international countries.
90GF Score
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Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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