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Jiangsu Hongtian Technology Co (SHSE:603800) 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 .
Jiangsu Hongtian Technology Co Forward PE Ratio Related Terms
Jiangsu Hongtian 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.
Jiangsu Hongtian Technology Co Forward PE Ratio Chart
Jiangsu Hongtian Technology Co Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
19.03
43.23
Jiangsu Hongtian Technology Co Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
19.03
26.80
20.98
32.08
43.23
33.06
155.19
SHSE:603800 vs SLB, BKR, HAL: Forward PE Ratio Comparison
For the Oil & Gas Equipment & Services subindustry, Jiangsu Hongtian 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.
Jiangsu Hongtian Technology Co Forward PE Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Jiangsu Hongtian Technology Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Jiangsu Hongtian Technology Co's Forward PE Ratio falls into.
Jiangsu Hongtian 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.
Jiangsu Hongtian Technology Co (SHSE:603800) has a Forward PE Ratio of 78.58 as of Sep. 22, 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 Jiangsu Hongtian Technology Co and its competitors. According to the industry distribution chart, Jiangsu Hongtian Technology Co ranks #528 out of 545 companies in the Oil & Gas industry, placing it in the top 96.9%.
Is Jiangsu Hongtian Technology Co's Forward PE Ratio too high?
Jiangsu Hongtian Technology Co's current Forward PE Ratio is 78.58. The Oil & Gas industry median Forward PE Ratio is 11.14. Jiangsu Hongtian Technology Co's value of 78.58 is 605.4% above this industry median. Based on the distribution chart, Jiangsu Hongtian Technology Co ranks #528 out of 545 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Jiangsu Hongtian Technology Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Hongtian Technology Co's Forward PE Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Jiangsu Hongtian Technology Co ranks #528 out of 545 companies for Forward PE Ratio. This places Jiangsu Hongtian Technology Co in the lower half of its industry. The industry median Forward PE Ratio is 11.14. Jiangsu Hongtian Technology Co's value of 78.58 is 605.4% 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 Oil & Gas company?
The median Forward PE Ratio among Oil & Gas companies is 11.14, based on 545 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. Jiangsu Hongtian Technology Co's current Forward PE Ratio of 78.58 is 605.4% 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 Jiangsu Hongtian Technology Co and its competitors. For the Oil & Gas industry, the median Forward PE Ratio is 11.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Hongtian Technology Co's current Forward PE Ratio is 78.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Hongtian Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Hongtian Technology Co (SHSE:603800) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥22.48, compared to a current price of ¥58.15 — trading 158.7% above its estimated fair value. The current Forward PE Ratio is 78.58 and 605.4% above the Oil & Gas industry median of 11.14. Jiangsu Hongtian Technology Co's overall GF Score™ is 69/100 with 4 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 Jiangsu Hongtian Technology Co (SHSE:603800), the current Forward PE Ratio is 78.58 as of Sep. 22, 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 Jiangsu Hongtian Technology Co (SHSE:603800) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu Hongtian Technology Co stock appears to be overvalued.
The current stock price of ¥58.15 is trading 158.7% above its estimated GF Value™ of ¥22.48.
GuruFocus considers Jiangsu Hongtian Technology Co to be Significantly Overvalued.
Key valuation signals for SHSE:603800:
Forward PE Ratio: 78.58
GF Value™: ¥22.48 vs. price of ¥58.15 (158.7% above fair value)
Industry Position: 605.4% above the Oil & Gas median (#528 of 545)
No single metric tells the full story. See the SHSE:603800 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu Hongtian Technology Co Ltd is Engaged in the research and development, manufacturing and sales of special equipment for oil, natural gas and shale gas drilling.
69GF Score
Get the complete analysis for SHSE:603800
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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