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Shaanxi Tourism Culture Industry Holding Co (SHSE:603402) 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 .
Shaanxi Tourism Culture Industry Holding Co Forward PE Ratio Related Terms
Shaanxi Tourism Culture Industry Holding 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.
Shaanxi Tourism Culture Industry Holding Co Forward PE Ratio Chart
Shaanxi Tourism Culture Industry Holding Co Annual Data
Trend
Forward PE Ratio
Shaanxi Tourism Culture Industry Holding Co Quarterly Data
2026-03
2026-06
Forward PE Ratio
21.38
13.32
SHSE:603402 vs AS, HAS, LTH: Forward PE Ratio Comparison
For the Leisure subindustry, Shaanxi Tourism Culture Industry Holding 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.
Shaanxi Tourism Culture Industry Holding Co Forward PE Ratio vs Travel & Leisure Industry
Shaanxi Tourism Culture Industry Holding 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.
Shaanxi Tourism Culture Industry Holding Co (SHSE:603402) has a Forward PE Ratio of 18.46 as of Sep. 04, 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 Shaanxi Tourism Culture Industry Holding Co and its competitors. According to the industry distribution chart, Shaanxi Tourism Culture Industry Holding Co ranks #240 out of 354 companies in the Travel & Leisure industry, placing it in the top 67.8%.
Is Shaanxi Tourism Culture Industry Holding Co's Forward PE Ratio too high?
Shaanxi Tourism Culture Industry Holding Co's current Forward PE Ratio is 18.46. The Travel & Leisure industry median Forward PE Ratio is 14.00. Shaanxi Tourism Culture Industry Holding Co's value of 18.46 is 31.9% above this industry median. Based on the distribution chart, Shaanxi Tourism Culture Industry Holding Co ranks #240 out of 354 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Shaanxi Tourism Culture Industry Holding Co has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Shaanxi Tourism Culture Industry Holding Co's Forward PE Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Shaanxi Tourism Culture Industry Holding Co ranks #240 out of 354 companies for Forward PE Ratio. This places Shaanxi Tourism Culture Industry Holding Co in the lower half of its industry. The industry median Forward PE Ratio is 14.00. Shaanxi Tourism Culture Industry Holding Co's value of 18.46 is 31.9% 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 Travel & Leisure company?
The median Forward PE Ratio among Travel & Leisure companies is 14.00, based on 354 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. Shaanxi Tourism Culture Industry Holding Co's current Forward PE Ratio of 18.46 is 31.9% 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 Shaanxi Tourism Culture Industry Holding Co and its competitors. For the Travel & Leisure industry, the median Forward PE Ratio is 14.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shaanxi Tourism Culture Industry Holding Co's current Forward PE Ratio is 18.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shaanxi Tourism Culture Industry Holding Co stock overvalued right now?
Shaanxi Tourism Culture Industry Holding Co (SHSE:603402) has a current Forward PE Ratio of 18.46. The current Forward PE Ratio is 18.46 and 31.9% above the Travel & Leisure industry median of 14.00. Shaanxi Tourism Culture Industry Holding Co's overall GF Score™ is 50/100 with 1 warning sign 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 Shaanxi Tourism Culture Industry Holding Co (SHSE:603402), the current Forward PE Ratio is 18.46 as of Sep. 04, 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.
Shaanxi Tourism Culture Industry Holding Co Ltd operates in the tourism sector, with activities spanning performing arts, ropeway operations, catering services, and tourism project investment and management. Its business scope includes investing in and managing its own enterprises, managing cultural performing arts and catering operations, and operating ropeways and slipways.
50GF Score
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