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Tianyang New material (Shanghai) Technology Co (SHSE:603330) 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 .
Tianyang New material (Shanghai) Technology Co Forward PE Ratio Related Terms
Tianyang New material (Shanghai) Technology 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.
Tianyang New material (Shanghai) Technology Co Forward PE Ratio Chart
Tianyang New material (Shanghai) Technology Co Annual Data
Trend
2024-12
Forward PE Ratio
10.46
Tianyang New material (Shanghai) Technology Co Quarterly Data
2024-12
2025-03
2025-06
2026-06
Forward PE Ratio
10.46
12.19
9.91
11.16
SHSE:603330 vs LIN, SHW, ECL: Forward PE Ratio Comparison
For the Specialty Chemicals subindustry, Tianyang New material (Shanghai) Technology 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.
Tianyang New material (Shanghai) Technology Co Forward PE Ratio vs Chemicals Industry
Tianyang New material (Shanghai) Technology 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.
Tianyang New material (Shanghai) Technology Co (SHSE:603330) has a Forward PE Ratio of 13.31 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 Tianyang New material (Shanghai) Technology Co and its competitors. According to the industry distribution chart, Tianyang New material (Shanghai) Technology Co ranks #260 out of 668 companies in the Chemicals industry, placing it in the top 38.9%.
Is Tianyang New material (Shanghai) Technology Co's Forward PE Ratio too high?
Tianyang New material (Shanghai) Technology Co's current Forward PE Ratio is 13.31. The Chemicals industry median Forward PE Ratio is 15.56. Tianyang New material (Shanghai) Technology Co's value of 13.31 is 14.5% below this industry median. Based on the distribution chart, Tianyang New material (Shanghai) Technology Co ranks #260 out of 668 companies in the Chemicals industry, which is above the industry midpoint. Overall, Tianyang New material (Shanghai) Technology Co has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tianyang New material (Shanghai) Technology Co's Forward PE Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Tianyang New material (Shanghai) Technology Co ranks #260 out of 668 companies for Forward PE Ratio. This puts Tianyang New material (Shanghai) Technology Co in the upper half of its industry. The industry median Forward PE Ratio is 15.56. Tianyang New material (Shanghai) Technology Co's value of 13.31 is 14.5% 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 Chemicals company?
The median Forward PE Ratio among Chemicals companies is 15.56, based on 668 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. Tianyang New material (Shanghai) Technology Co's current Forward PE Ratio of 13.31 is 14.5% 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 Tianyang New material (Shanghai) Technology Co and its competitors. For the Chemicals industry, the median Forward PE Ratio is 15.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tianyang New material (Shanghai) Technology Co's current Forward PE Ratio is 13.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianyang New material (Shanghai) Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Tianyang New material (Shanghai) Technology Co (SHSE:603330) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥3.10, compared to a current price of ¥9.00 — trading 190.3% above its estimated fair value. The current Forward PE Ratio is 13.31 and 14.5% below the Chemicals industry median of 15.56. Tianyang New material (Shanghai) Technology Co's overall GF Score™ is 46/100 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 Tianyang New material (Shanghai) Technology Co (SHSE:603330), the current Forward PE Ratio is 13.31 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 Tianyang New material (Shanghai) Technology Co (SHSE:603330) Overvalued in 2026?
Based on GuruFocus' analysis, Tianyang New material (Shanghai) Technology Co stock appears to be overvalued.
The current stock price of ¥9.00 is trading 190.3% above its estimated GF Value™ of ¥3.10.
GuruFocus considers Tianyang New material (Shanghai) Technology Co to be Significantly Overvalued.
Key valuation signals for SHSE:603330:
Forward PE Ratio: 13.31
GF Value™: ¥3.10 vs. price of ¥9.00 (190.3% above fair value)
Industry Position: 14.5% below the Chemicals median (#260 of 668)
No single metric tells the full story. See the SHSE:603330 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tianyang New material (Shanghai) Technology Co Ltd is principally engaged in research and development, manufacture, and sales of thermoplastic environmental protection adhesive materials. It offers copolyester and copolyamide powders, and web, film, and PUR adhesives; adhesive tapes and EVA solar films; and hot melt adhesive particles, powders, and films. Its products are mainly applied in the fields of shoes and clothes, automotive trims, solar cell packaging, household textiles, electronics, industrial filtration, hot melt adhesive products, printing and packaging, furnishings, and coating, among others.
46GF 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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