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Novogene Co (SHSE:688315) 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 .
Novogene Co Forward PE Ratio Related Terms
Novogene Co Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Novogene Co's Forward PE Ratio can be seen below:
* 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.
Novogene Co Forward PE Ratio Chart
Novogene Co Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
22.42
23.22
Novogene Co Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
22.42
25.17
25.57
25.11
23.22
24.41
21.17
SHSE:688315 vs VRTX, REGN, MRNA: Forward PE Ratio Comparison
For the Biotechnology subindustry, Novogene 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.
Novogene Co Forward PE Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Novogene Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Novogene Co's Forward PE Ratio falls into.
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.
Novogene Co (SHSE:688315) has a Forward PE Ratio of 20.60 as of Sep. 07, 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 Novogene Co and its competitors. According to the industry distribution chart, Novogene Co ranks #189 out of 385 companies in the Biotechnology industry, placing it in the top 49.1%.
Is Novogene Co's Forward PE Ratio too high?
Novogene Co's current Forward PE Ratio is 20.60. The Biotechnology industry median Forward PE Ratio is 20.88. Novogene Co's value of 20.60 is 1.3% below this industry median. Based on the distribution chart, Novogene Co ranks #189 out of 385 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Novogene Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Novogene Co's Forward PE Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Novogene Co ranks #189 out of 385 companies for Forward PE Ratio. This puts Novogene Co in the upper half of its industry. The industry median Forward PE Ratio is 20.88. Novogene Co's value of 20.60 is 1.3% 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 Biotechnology company?
The median Forward PE Ratio among Biotechnology companies is 20.88, based on 385 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. Novogene Co's current Forward PE Ratio of 20.60 is 1.3% 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 Novogene Co and its competitors. For the Biotechnology industry, the median Forward PE Ratio is 20.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novogene Co's current Forward PE Ratio is 20.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novogene Co stock overvalued right now?
Based on GuruFocus' analysis, Novogene Co (SHSE:688315) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥16.68, compared to a current price of ¥13.80 — trading 17.3% below its estimated fair value. The current Forward PE Ratio is 20.60 and 1.3% below the Biotechnology industry median of 20.88. Novogene Co's overall GF Score™ is 83/100 with 2 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 Novogene Co (SHSE:688315), the current Forward PE Ratio is 20.60 as of Sep. 07, 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 Novogene Co (SHSE:688315) Overvalued in 2026?
Based on GuruFocus' analysis, Novogene Co stock appears to be undervalued.
The current stock price of ¥13.80 is trading 17.3% below its estimated GF Value™ of ¥16.68.
GuruFocus considers Novogene Co to be Modestly Undervalued.
Key valuation signals for SHSE:688315:
Forward PE Ratio: 20.60
GF Value™: ¥16.68 vs. price of ¥13.80 (17.3% below fair value)
Industry Position: 1.3% below the Biotechnology median (#189 of 385)
No single metric tells the full story. See the SHSE:688315 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Novogene Co Ltd is engaged in providing multi-level scientific research and technical services and solutions for life science basic research, medical and clinical application research, and independent development and innovation of genetic testing medical equipment.
83GF Score
Get the complete analysis for SHSE:688315
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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