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Shanghai Conglin Environmental Protection Technology Co (SHSE:688370) 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 .
Shanghai Conglin Environmental Protection Technology Co Forward PE Ratio Related Terms
Shanghai Conglin Environmental Protection 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.
Shanghai Conglin Environmental Protection Technology Co Forward PE Ratio Chart
Shanghai Conglin Environmental Protection Technology Co Annual Data
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Forward PE Ratio
Shanghai Conglin Environmental Protection Technology Co Quarterly Data
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SHSE:688370 vs WM, RSG, WCN: Forward PE Ratio Comparison
* 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.
Shanghai Conglin Environmental Protection Technology Co Forward PE Ratio vs Waste Management Industry
Shanghai Conglin Environmental Protection 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.
Shanghai Conglin Environmental Protection Technology Co (SHSE:688370) has a Forward PE Ratio of 35.42 as of Sep. 05, 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 Shanghai Conglin Environmental Protection Technology Co and its competitors. According to the industry distribution chart, Shanghai Conglin Environmental Protection Technology Co ranks #84 out of 95 companies in the Waste Management industry, placing it in the top 88.4%.
Is Shanghai Conglin Environmental Protection Technology Co's Forward PE Ratio too high?
Shanghai Conglin Environmental Protection Technology Co's current Forward PE Ratio is 35.42. The Waste Management industry median Forward PE Ratio is 13.55. Shanghai Conglin Environmental Protection Technology Co's value of 35.42 is 161.4% above this industry median. Based on the distribution chart, Shanghai Conglin Environmental Protection Technology Co ranks #84 out of 95 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Shanghai Conglin Environmental Protection Technology Co has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Conglin Environmental Protection Technology Co's Forward PE Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Shanghai Conglin Environmental Protection Technology Co ranks #84 out of 95 companies for Forward PE Ratio. This places Shanghai Conglin Environmental Protection Technology Co in the lower half of its industry. The industry median Forward PE Ratio is 13.55. Shanghai Conglin Environmental Protection Technology Co's value of 35.42 is 161.4% 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 a Waste Management company?
The median Forward PE Ratio among Waste Management companies is 13.55, based on 95 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. Shanghai Conglin Environmental Protection Technology Co's current Forward PE Ratio of 35.42 is 161.4% 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 Shanghai Conglin Environmental Protection Technology Co and its competitors. For the Waste Management industry, the median Forward PE Ratio is 13.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Conglin Environmental Protection Technology Co's current Forward PE Ratio is 35.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Conglin Environmental Protection Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Conglin Environmental Protection Technology Co (SHSE:688370) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥19.12, compared to a current price of ¥23.38 — trading 22.3% above its estimated fair value. The current Forward PE Ratio is 35.42 and 161.4% above the Waste Management industry median of 13.55. Shanghai Conglin Environmental Protection Technology Co's overall GF Score™ is 80/100 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 Shanghai Conglin Environmental Protection Technology Co (SHSE:688370), the current Forward PE Ratio is 35.42 as of Sep. 05, 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 Shanghai Conglin Environmental Protection Technology Co (SHSE:688370) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Conglin Environmental Protection Technology Co stock appears to be overvalued.
The current stock price of ¥23.38 is trading 22.3% above its estimated GF Value™ of ¥19.12.
GuruFocus considers Shanghai Conglin Environmental Protection Technology Co to be Modestly Overvalued.
Key valuation signals for SHSE:688370:
Forward PE Ratio: 35.42
GF Value™: ¥19.12 vs. price of ¥23.38 (22.3% above fair value)
Industry Position: 161.4% above the Waste Management median (#84 of 95)
No single metric tells the full story. See the SHSE:688370 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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