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Arctech Solar Holding Co (SHSE:688408) 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 .
Arctech Solar Holding Co Forward PE Ratio Related Terms
Arctech Solar 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.
Arctech Solar Holding Co Forward PE Ratio Chart
Arctech Solar Holding Co Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
16.98
10.44
Arctech Solar Holding Co Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
16.98
14.00
12.86
10.95
10.44
9.53
14.74
SHSE:688408 vs FSLR, NXT, ENPH: Forward PE Ratio Comparison
For the Solar subindustry, Arctech Solar 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.
Arctech Solar Holding Co Forward PE Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Arctech Solar Holding Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Arctech Solar Holding Co's Forward PE Ratio falls into.
Arctech Solar 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.
Arctech Solar Holding Co (SHSE:688408) has a Forward PE Ratio of 9.23 as of Sep. 01, 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 Arctech Solar Holding Co and its competitors. According to the industry distribution chart, Arctech Solar Holding Co ranks #62 out of 554 companies in the Semiconductors industry, placing it in the top 11.2%.
Is Arctech Solar Holding Co's Forward PE Ratio too high?
Arctech Solar Holding Co's current Forward PE Ratio is 9.23. The Semiconductors industry median Forward PE Ratio is 29.41. Arctech Solar Holding Co's value of 9.23 is 68.6% below this industry median. Based on the distribution chart, Arctech Solar Holding Co ranks #62 out of 554 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Arctech Solar Holding Co has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Arctech Solar Holding Co's Forward PE Ratio compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Arctech Solar Holding Co ranks #62 out of 554 companies for Forward PE Ratio. This places Arctech Solar Holding Co in the top 11% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 29.41. Arctech Solar Holding Co's value of 9.23 is 68.6% 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 Semiconductors company?
The median Forward PE Ratio among Semiconductors companies is 29.41, based on 554 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. Arctech Solar Holding Co's current Forward PE Ratio of 9.23 is 68.6% 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 Arctech Solar Holding Co and its competitors. For the Semiconductors industry, the median Forward PE Ratio is 29.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arctech Solar Holding Co's current Forward PE Ratio is 9.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arctech Solar Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Arctech Solar Holding Co (SHSE:688408) is currently considered Possible Value Trap. The stock's GF Value™ is ¥42.36, compared to a current price of ¥24.49 — trading 42.2% below its estimated fair value. The current Forward PE Ratio is 9.23 and 68.6% below the Semiconductors industry median of 29.41. Arctech Solar Holding Co's overall GF Score™ is 78/100 with 8 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 Arctech Solar Holding Co (SHSE:688408), the current Forward PE Ratio is 9.23 as of Sep. 01, 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 Arctech Solar Holding Co (SHSE:688408) Overvalued in 2026?
Based on GuruFocus' analysis, Arctech Solar Holding Co stock appears to be undervalued.
The current stock price of ¥24.49 is trading 42.2% below its estimated GF Value™ of ¥42.36.
GuruFocus considers Arctech Solar Holding Co to be Possible Value Trap.
Key valuation signals for SHSE:688408:
Forward PE Ratio: 9.23
GF Value™: ¥42.36 vs. price of ¥24.49 (42.2% below fair value)
Industry Position: 68.6% below the Semiconductors median (#62 of 554)
No single metric tells the full story. See the SHSE:688408 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arctech Solar Holding Co Ltd is engaged in design, production and sales of photovoltaic brackets. The company manufacturers and provides solutions for solar tracking and racking systems for utilities, commercial, industrial and residential projects. Its products under Tracker include Skyline Tracking System; SkySmart Tracking System; Arctracker Pro with tilted modules; Tilt single axis tracker; and products under Mounting structure include Seasonal Tilt; Dual Pole Solutions; and Single Pole Solutions.
78GF Score
Get the complete analysis for SHSE:688408
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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