Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Wafer Works (Shanghai) Co (SHSE:688584) 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 .
Wafer Works (Shanghai) Co Forward PE Ratio Related Terms
Wafer Works (Shanghai) 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.
Wafer Works (Shanghai) Co Forward PE Ratio Chart
Wafer Works (Shanghai) Co Annual Data
Trend
2025-12
Forward PE Ratio
72.41
Wafer Works (Shanghai) Co Quarterly Data
2025-12
2026-03
2026-06
Forward PE Ratio
72.41
62.38
110.36
SHSE:688584 vs LRCX, AMAT, KLAC: Forward PE Ratio Comparison
For the Semiconductor Equipment & Materials subindustry, Wafer Works (Shanghai) 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.
Wafer Works (Shanghai) Co Forward PE Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Wafer Works (Shanghai) Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Wafer Works (Shanghai) Co's Forward PE Ratio falls into.
Wafer Works (Shanghai) 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.
Wafer Works (Shanghai) Co (SHSE:688584) has a Forward PE Ratio of 63.04 as of Sep. 14, 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 Wafer Works (Shanghai) Co and its competitors. According to the industry distribution chart, Wafer Works (Shanghai) Co ranks #489 out of 565 companies in the Semiconductors industry, placing it in the top 86.5%.
Is Wafer Works (Shanghai) Co's Forward PE Ratio too high?
Wafer Works (Shanghai) Co's current Forward PE Ratio is 63.04. The Semiconductors industry median Forward PE Ratio is 22.51. Wafer Works (Shanghai) Co's value of 63.04 is 180.1% above this industry median. Based on the distribution chart, Wafer Works (Shanghai) Co ranks #489 out of 565 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Wafer Works (Shanghai) Co has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wafer Works (Shanghai) Co's Forward PE Ratio compare to LRCX and AMAT?
According to the Semiconductors industry distribution chart, Wafer Works (Shanghai) Co ranks #489 out of 565 companies for Forward PE Ratio. This places Wafer Works (Shanghai) Co in the lower half of its industry. The industry median Forward PE Ratio is 22.51. Wafer Works (Shanghai) Co's value of 63.04 is 180.1% 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 Semiconductors company?
The median Forward PE Ratio among Semiconductors companies is 22.51, based on 565 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. Wafer Works (Shanghai) Co's current Forward PE Ratio of 63.04 is 180.1% 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 Wafer Works (Shanghai) Co and its competitors. For the Semiconductors industry, the median Forward PE Ratio is 22.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wafer Works (Shanghai) Co's current Forward PE Ratio is 63.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wafer Works (Shanghai) Co stock overvalued right now?
Based on GuruFocus' analysis, Wafer Works (Shanghai) Co (SHSE:688584) is currently considered Fairly Valued. The stock's GF Value™ is ¥23.00, compared to a current price of ¥24.65 — trading 7.2% above its estimated fair value. The current Forward PE Ratio is 63.04 and 180.1% above the Semiconductors industry median of 22.51. Wafer Works (Shanghai) Co's overall GF Score™ is 58/100 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 Wafer Works (Shanghai) Co (SHSE:688584), the current Forward PE Ratio is 63.04 as of Sep. 14, 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 Wafer Works (Shanghai) Co (SHSE:688584) Overvalued in 2026?
Based on GuruFocus' analysis, Wafer Works (Shanghai) Co stock appears to be overvalued.
The current stock price of ¥24.65 is trading 7.2% above its estimated GF Value™ of ¥23.00.
GuruFocus considers Wafer Works (Shanghai) Co to be Fairly Valued.
Key valuation signals for SHSE:688584:
Forward PE Ratio: 63.04
GF Value™: ¥23.00 vs. price of ¥24.65 (7.2% above fair value)
Industry Position: 180.1% above the Semiconductors median (#489 of 565)
No single metric tells the full story. See the SHSE:688584 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wafer Works (Shanghai) Co Ltd is engaged in the manufacturing of semiconductor silicon epitaxial wafers in China. Its main products are semiconductor silicon epitaxial wafers and is mainly used to prepare power devices and analog chips, and are widely used in automobiles, communications, electric power, industry, consumer electronics, high-end equipment, and other fields.
58GF Score
Get the complete analysis for SHSE:688584
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:688584 has been successfully added to your 
