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Zhejiang Wazam New Materials Co (SHSE:603186) 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 .
Zhejiang Wazam New Materials Co Forward PE Ratio Related Terms
Zhejiang Wazam New Materials 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.
Zhejiang Wazam New Materials Co Forward PE Ratio Chart
Zhejiang Wazam New Materials Co Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
16.44
19.27
Zhejiang Wazam New Materials Co Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
16.44
16.66
19.41
16.44
19.27
25.66
101.33
SHSE:603186 vs APH, GLW, TEL: Forward PE Ratio Comparison
For the Electronic Components subindustry, Zhejiang Wazam New Materials 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.
Zhejiang Wazam New Materials Co Forward PE Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Zhejiang Wazam New Materials Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Zhejiang Wazam New Materials Co's Forward PE Ratio falls into.
Zhejiang Wazam New Materials 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.
Zhejiang Wazam New Materials Co (SHSE:603186) has a Forward PE Ratio of 104.09 as of Sep. 16, 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 Zhejiang Wazam New Materials Co and its competitors. According to the industry distribution chart, Zhejiang Wazam New Materials Co ranks #989 out of 1047 companies in the Hardware industry, placing it in the top 94.5%.
Is Zhejiang Wazam New Materials Co's Forward PE Ratio too high?
Zhejiang Wazam New Materials Co's current Forward PE Ratio is 104.09. The Hardware industry median Forward PE Ratio is 18.00. Zhejiang Wazam New Materials Co's value of 104.09 is 478.3% above this industry median. Based on the distribution chart, Zhejiang Wazam New Materials Co ranks #989 out of 1047 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Zhejiang Wazam New Materials Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Wazam New Materials Co's Forward PE Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Zhejiang Wazam New Materials Co ranks #989 out of 1047 companies for Forward PE Ratio. This places Zhejiang Wazam New Materials Co in the lower half of its industry. The industry median Forward PE Ratio is 18.00. Zhejiang Wazam New Materials Co's value of 104.09 is 478.3% 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 Hardware company?
The median Forward PE Ratio among Hardware companies is 18.00, based on 1,047 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. Zhejiang Wazam New Materials Co's current Forward PE Ratio of 104.09 is 478.3% 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 Zhejiang Wazam New Materials Co and its competitors. For the Hardware industry, the median Forward PE Ratio is 18.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Wazam New Materials Co's current Forward PE Ratio is 104.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Wazam New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Wazam New Materials Co (SHSE:603186) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥42.54, compared to a current price of ¥253.99 — trading 497.1% above its estimated fair value. The current Forward PE Ratio is 104.09 and 478.3% above the Hardware industry median of 18.00. Zhejiang Wazam New Materials Co's overall GF Score™ is 58/100 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 Zhejiang Wazam New Materials Co (SHSE:603186), the current Forward PE Ratio is 104.09 as of Sep. 16, 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 Zhejiang Wazam New Materials Co (SHSE:603186) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Wazam New Materials Co stock appears to be overvalued.
The current stock price of ¥253.99 is trading 497.1% above its estimated GF Value™ of ¥42.54.
GuruFocus considers Zhejiang Wazam New Materials Co to be Significantly Overvalued.
Key valuation signals for SHSE:603186:
Forward PE Ratio: 104.09
GF Value™: ¥42.54 vs. price of ¥253.99 (497.1% above fair value)
Industry Position: 478.3% above the Hardware median (#989 of 1047)
No single metric tells the full story. See the SHSE:603186 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Wazam New Materials Co Ltd formerly Zhejiang Huazheng New Material Co Ltd is a China based company manufactures components for computer, medical equipment, communication equipment, automotive electronic, rail transit, new energy and other different uses. The company distributes its products in both Chinese and other international markets.
58GF Score
Get the complete analysis for SHSE:603186
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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