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Ningbo Lehui International Engineering Equipment Co (SHSE:603076) 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 .
Ningbo Lehui International Engineering Equipment Co Forward PE Ratio Related Terms
Ningbo Lehui International Engineering Equipment 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.
Ningbo Lehui International Engineering Equipment Co Forward PE Ratio Chart
Ningbo Lehui International Engineering Equipment Co Annual Data
Trend
2025-12
Forward PE Ratio
33.28
Ningbo Lehui International Engineering Equipment Co Quarterly Data
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
48.24
66.20
34.19
33.28
39.06
27.89
SHSE:603076 vs GEV, ETN, PH: Forward PE Ratio Comparison
For the Specialty Industrial Machinery subindustry, Ningbo Lehui International Engineering Equipment 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.
Ningbo Lehui International Engineering Equipment Co Forward PE Ratio vs Industrial Products Industry
Ningbo Lehui International Engineering Equipment 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.
Ningbo Lehui International Engineering Equipment Co (SHSE:603076) has a Forward PE Ratio of 29.72 as of Sep. 10, 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 Ningbo Lehui International Engineering Equipment Co and its competitors. According to the industry distribution chart, Ningbo Lehui International Engineering Equipment Co ranks #1025 out of 1301 companies in the Industrial Products industry, placing it in the top 78.8%.
Is Ningbo Lehui International Engineering Equipment Co's Forward PE Ratio too high?
Ningbo Lehui International Engineering Equipment Co's current Forward PE Ratio is 29.72. The Industrial Products industry median Forward PE Ratio is 16.96. Ningbo Lehui International Engineering Equipment Co's value of 29.72 is 75.2% above this industry median. Based on the distribution chart, Ningbo Lehui International Engineering Equipment Co ranks #1025 out of 1301 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Ningbo Lehui International Engineering Equipment Co has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ningbo Lehui International Engineering Equipment Co's Forward PE Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Ningbo Lehui International Engineering Equipment Co ranks #1025 out of 1301 companies for Forward PE Ratio. This places Ningbo Lehui International Engineering Equipment Co in the lower half of its industry. The industry median Forward PE Ratio is 16.96. Ningbo Lehui International Engineering Equipment Co's value of 29.72 is 75.2% 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 Industrial Products company?
The median Forward PE Ratio among Industrial Products companies is 16.96, based on 1,301 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. Ningbo Lehui International Engineering Equipment Co's current Forward PE Ratio of 29.72 is 75.2% 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 Ningbo Lehui International Engineering Equipment Co and its competitors. For the Industrial Products industry, the median Forward PE Ratio is 16.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Lehui International Engineering Equipment Co's current Forward PE Ratio is 29.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Lehui International Engineering Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Lehui International Engineering Equipment Co (SHSE:603076) is currently considered Possible Value Trap. The stock's GF Value™ is ¥29.23, compared to a current price of ¥20.20 — trading 30.9% below its estimated fair value. The current Forward PE Ratio is 29.72 and 75.2% above the Industrial Products industry median of 16.96. Ningbo Lehui International Engineering Equipment Co's overall GF Score™ is 76/100 with 6 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 Ningbo Lehui International Engineering Equipment Co (SHSE:603076), the current Forward PE Ratio is 29.72 as of Sep. 10, 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 Ningbo Lehui International Engineering Equipment Co (SHSE:603076) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Lehui International Engineering Equipment Co stock appears to be undervalued.
The current stock price of ¥20.20 is trading 30.9% below its estimated GF Value™ of ¥29.23.
GuruFocus considers Ningbo Lehui International Engineering Equipment Co to be Possible Value Trap.
Key valuation signals for SHSE:603076:
Forward PE Ratio: 29.72
GF Value™: ¥29.23 vs. price of ¥20.20 (30.9% below fair value)
Industry Position: 75.2% above the Industrial Products median (#1025 of 1301)
No single metric tells the full story. See the SHSE:603076 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Lehui International Engineering Equipment Co Ltd operates as a brewery equipment manufacturing company. Its products consist of scale brewery equipment such as brew-house, cellar and filtration, craft brewery equipment, beverage and liquid food technology, bio, and food equipment, retort and automation technology comprising of renovating and reconstructing and process control system and others. The company's products have applications in beer, beverages, food, biology, medicine and other departments. It distributes its products within domestic as well as in international market.
76GF Score
Get the complete analysis for SHSE:603076
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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