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.
Tianjin You Fa Steel Pipe Group Stock Co (SHSE:601686) 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 .
Tianjin You Fa Steel Pipe Group Stock Co Forward PE Ratio Related Terms
Tianjin You Fa Steel Pipe Group Stock 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.
Tianjin You Fa Steel Pipe Group Stock Co Forward PE Ratio Chart
Tianjin You Fa Steel Pipe Group Stock Co Annual Data
Trend
2025-12
Forward PE Ratio
13.02
Tianjin You Fa Steel Pipe Group Stock Co Quarterly Data
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
13.48
12.84
13.02
11.88
SHSE:601686 vs NUE, STLD, RS: Forward PE Ratio Comparison
For the Steel subindustry, Tianjin You Fa Steel Pipe Group Stock 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.
Tianjin You Fa Steel Pipe Group Stock Co Forward PE Ratio vs Steel Industry
Tianjin You Fa Steel Pipe Group Stock 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.
Tianjin You Fa Steel Pipe Group Stock Co (SHSE:601686) has a Forward PE Ratio of 10.53 as of Aug. 17, 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 Tianjin You Fa Steel Pipe Group Stock Co and its competitors. According to the industry distribution chart, Tianjin You Fa Steel Pipe Group Stock Co ranks #48 out of 178 companies in the Steel industry, placing it in the top 27%.
Is Tianjin You Fa Steel Pipe Group Stock Co's Forward PE Ratio too high?
Tianjin You Fa Steel Pipe Group Stock Co's current Forward PE Ratio is 10.53. The Steel industry median Forward PE Ratio is 14.41. Tianjin You Fa Steel Pipe Group Stock Co's value of 10.53 is 26.9% below this industry median. Based on the distribution chart, Tianjin You Fa Steel Pipe Group Stock Co ranks #48 out of 178 companies in the Steel industry, which is above the industry midpoint. Overall, Tianjin You Fa Steel Pipe Group Stock Co has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tianjin You Fa Steel Pipe Group Stock Co's Forward PE Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Tianjin You Fa Steel Pipe Group Stock Co ranks #48 out of 178 companies for Forward PE Ratio. This puts Tianjin You Fa Steel Pipe Group Stock Co in the upper half of its industry. The industry median Forward PE Ratio is 14.41. Tianjin You Fa Steel Pipe Group Stock Co's value of 10.53 is 26.9% 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 a Steel company?
The median Forward PE Ratio among Steel companies is 14.41, based on 178 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. Tianjin You Fa Steel Pipe Group Stock Co's current Forward PE Ratio of 10.53 is 26.9% 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 Tianjin You Fa Steel Pipe Group Stock Co and its competitors. For the Steel industry, the median Forward PE Ratio is 14.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tianjin You Fa Steel Pipe Group Stock Co's current Forward PE Ratio is 10.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianjin You Fa Steel Pipe Group Stock Co stock overvalued right now?
Based on GuruFocus' analysis, Tianjin You Fa Steel Pipe Group Stock Co (SHSE:601686) is currently considered Fairly Valued. The stock's GF Value™ is ¥5.60, compared to a current price of ¥5.16 — trading 7.9% below its estimated fair value. The current Forward PE Ratio is 10.53 and 26.9% below the Steel industry median of 14.41. Tianjin You Fa Steel Pipe Group Stock Co's overall GF Score™ is 64/100 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 Tianjin You Fa Steel Pipe Group Stock Co (SHSE:601686), the current Forward PE Ratio is 10.53 as of Aug. 17, 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 Tianjin You Fa Steel Pipe Group Stock Co (SHSE:601686) Overvalued in 2026?
Based on GuruFocus' analysis, Tianjin You Fa Steel Pipe Group Stock Co stock appears to be undervalued.
The current stock price of ¥5.16 is trading 7.9% below its estimated GF Value™ of ¥5.60.
GuruFocus considers Tianjin You Fa Steel Pipe Group Stock Co to be Fairly Valued.
Key valuation signals for SHSE:601686:
Forward PE Ratio: 10.53
GF Value™: ¥5.60 vs. price of ¥5.16 (7.9% below fair value)
Industry Position: 26.9% below the Steel median (#48 of 178)
No single metric tells the full story. See the SHSE:601686 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tianjin You Fa Steel Pipe Group Stock Co Ltd formerly Tianjin Youfa Steel Pipe Group Co Ltd is primarily involved in the development, production and sales of welded steel pipes. It offers welded pipes, hot-dip galvanized steel pipes, steel-plastic composite pipes, stainless steel composite pipes, spiral steel pipes and others.
64GF Score
Get the complete analysis for SHSE:601686
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:601686 has been successfully added to your 
