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Tong Yang Industry Co (TPE:1319) 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 .
Tong Yang Industry Co Forward PE Ratio Related Terms
Tong Yang Industry Co Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Tong Yang Industry 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.
Tong Yang Industry Co Forward PE Ratio Chart
Tong Yang Industry Co Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
15.03
13.10
Tong Yang Industry Co Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
15.03
16.61
12.74
11.29
13.10
11.53
TPE:1319 vs ORLY, AZO: Forward PE Ratio Comparison
For the Auto Parts subindustry, Tong Yang Industry 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.
Tong Yang Industry Co Forward PE Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Tong Yang Industry Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Tong Yang Industry Co's Forward PE Ratio falls into.
Tong Yang Industry 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.
Tong Yang Industry Co (TPE:1319) has a Forward PE Ratio of 11.73 as of Aug. 11, 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 Tong Yang Industry Co and its competitors. According to the industry distribution chart, Tong Yang Industry Co ranks #239 out of 599 companies in the Vehicles & Parts industry, placing it in the top 39.9%.
Is Tong Yang Industry Co's Forward PE Ratio too high?
Tong Yang Industry Co's current Forward PE Ratio is 11.73. The Vehicles & Parts industry median Forward PE Ratio is 13.68. Tong Yang Industry Co's value of 11.73 is 14.3% below this industry median. Based on the distribution chart, Tong Yang Industry Co ranks #239 out of 599 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Tong Yang Industry Co has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tong Yang Industry Co's Forward PE Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Tong Yang Industry Co ranks #239 out of 599 companies for Forward PE Ratio. This puts Tong Yang Industry Co in the upper half of its industry. The industry median Forward PE Ratio is 13.68. Tong Yang Industry Co's value of 11.73 is 14.3% 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 Vehicles & Parts company?
The median Forward PE Ratio among Vehicles & Parts companies is 13.68, based on 599 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. Tong Yang Industry Co's current Forward PE Ratio of 11.73 is 14.3% 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 Tong Yang Industry Co and its competitors. For the Vehicles & Parts industry, the median Forward PE Ratio is 13.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tong Yang Industry Co's current Forward PE Ratio is 11.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tong Yang Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Tong Yang Industry Co (TPE:1319) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$91.44, compared to a current price of NT$78.80 — trading 13.8% below its estimated fair value. The current Forward PE Ratio is 11.73 and 14.3% below the Vehicles & Parts industry median of 13.68. Tong Yang Industry Co's overall GF Score™ is 89/100 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 Tong Yang Industry Co (TPE:1319), the current Forward PE Ratio is 11.73 as of Aug. 11, 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 Tong Yang Industry Co (TPE:1319) Overvalued in 2026?
Based on GuruFocus' analysis, Tong Yang Industry Co stock appears to be undervalued.
The current stock price of NT$78.80 is trading 13.8% below its estimated GF Value™ of NT$91.44.
GuruFocus considers Tong Yang Industry Co to be Modestly Undervalued.
Key valuation signals for TPE:1319:
Forward PE Ratio: 11.73
GF Value™: NT$91.44 vs. price of NT$78.80 (13.8% below fair value)
Industry Position: 14.3% below the Vehicles & Parts median (#239 of 599)
No single metric tells the full story. See the TPE:1319 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tong Yang Industry Co Ltd is engaged in the manufacture and sale of parts, components, and models for automobiles. The reportable segments of the company are as follows: Domestic Operating Entity and Foreign Operating Entity. It generates the majority of its revenue from the Domestic Operating Entity, which is responsible for the auto parts and components required by domestic production and sales.
89GF Score
Get the complete analysis for TPE:1319
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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