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Hangzhou XZB Tech Co (SHSE:603040) 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 .
Hangzhou XZB Tech Co Forward PE Ratio Related Terms
Hangzhou XZB Tech Co Forward PE Ratio Historical Data
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The historical data trend for Hangzhou XZB Tech 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.
Hangzhou XZB Tech Co Forward PE Ratio Chart
Hangzhou XZB Tech Co Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
12.22
32.83
Hangzhou XZB Tech Co Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
12.22
15.41
16.99
34.64
32.83
30.92
43.04
SHSE:603040 vs ORLY, AZO, GPC: Forward PE Ratio Comparison
For the Auto Parts subindustry, Hangzhou XZB Tech 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.
Hangzhou XZB Tech Co Forward PE Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Hangzhou XZB Tech Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Hangzhou XZB Tech 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.
Hangzhou XZB Tech Co (SHSE:603040) has a Forward PE Ratio of 27.11 as of Sep. 15, 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 Hangzhou XZB Tech Co and its competitors. According to the industry distribution chart, Hangzhou XZB Tech Co ranks #511 out of 602 companies in the Vehicles & Parts industry, placing it in the top 84.9%.
Is Hangzhou XZB Tech Co's Forward PE Ratio too high?
Hangzhou XZB Tech Co's current Forward PE Ratio is 27.11. The Vehicles & Parts industry median Forward PE Ratio is 11.60. Hangzhou XZB Tech Co's value of 27.11 is 133.7% above this industry median. Based on the distribution chart, Hangzhou XZB Tech Co ranks #511 out of 602 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Hangzhou XZB Tech Co has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou XZB Tech Co's Forward PE Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Hangzhou XZB Tech Co ranks #511 out of 602 companies for Forward PE Ratio. This places Hangzhou XZB Tech Co in the lower half of its industry. The industry median Forward PE Ratio is 11.60. Hangzhou XZB Tech Co's value of 27.11 is 133.7% 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 Vehicles & Parts company?
The median Forward PE Ratio among Vehicles & Parts companies is 11.60, based on 602 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. Hangzhou XZB Tech Co's current Forward PE Ratio of 27.11 is 133.7% 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 Hangzhou XZB Tech Co and its competitors. For the Vehicles & Parts industry, the median Forward PE Ratio is 11.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hangzhou XZB Tech Co's current Forward PE Ratio is 27.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou XZB Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou XZB Tech Co (SHSE:603040) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥24.63, compared to a current price of ¥46.36 — trading 88.2% above its estimated fair value. The current Forward PE Ratio is 27.11 and 133.7% above the Vehicles & Parts industry median of 11.60. Hangzhou XZB Tech Co's overall GF Score™ is 87/100 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 Hangzhou XZB Tech Co (SHSE:603040), the current Forward PE Ratio is 27.11 as of Sep. 15, 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 Hangzhou XZB Tech Co (SHSE:603040) Overvalued in 2026?
Based on GuruFocus' analysis, Hangzhou XZB Tech Co stock appears to be overvalued.
The current stock price of ¥46.36 is trading 88.2% above its estimated GF Value™ of ¥24.63.
GuruFocus considers Hangzhou XZB Tech Co to be Significantly Overvalued.
Key valuation signals for SHSE:603040:
Forward PE Ratio: 27.11
GF Value™: ¥24.63 vs. price of ¥46.36 (88.2% above fair value)
Industry Position: 133.7% above the Vehicles & Parts median (#511 of 602)
No single metric tells the full story. See the SHSE:603040 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hangzhou XZB Tech Co Ltd is a China based company engaged in the research and development of valve train systems and parts manufacturing in car industry. The products offered by the company includes valve cotters (collets), valve spring retainers, hydraulic lash adjusters and finger followers, push rods and tappets for heavy-duty diesel engines. In addition, the company also produces precision cold-forming components together with good service for power tools, household electrical appliance, aerospace, machinery and other applications.
87GF Score
Get the complete analysis for SHSE:603040
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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