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Shihlin Electric & Engineering (TPE:1503) 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 .
Shihlin Electric & Engineering Forward PE Ratio Related Terms
Shihlin Electric & Engineering 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.
Shihlin Electric & Engineering Forward PE Ratio Chart
Shihlin Electric & Engineering Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
19.25
18.10
Shihlin Electric & Engineering Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
19.25
18.83
25.07
18.72
18.10
20.15
TPE:1503 vs VRT, BE: Forward PE Ratio Comparison
For the Electrical Equipment & Parts subindustry, Shihlin Electric & Engineering'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.
Shihlin Electric & Engineering Forward PE Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shihlin Electric & Engineering's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Shihlin Electric & Engineering's Forward PE Ratio falls into.
Shihlin Electric & Engineering 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.
Shihlin Electric & Engineering (TPE:1503) has a Forward PE Ratio of 22.22 as of Jul. 28, 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 Shihlin Electric & Engineering and its competitors. According to the industry distribution chart, Shihlin Electric & Engineering ranks #754 out of 1295 companies in the Industrial Products industry, placing it in the top 58.2%.
Is Shihlin Electric & Engineering's Forward PE Ratio too high?
Shihlin Electric & Engineering's current Forward PE Ratio is 22.22. The Industrial Products industry median Forward PE Ratio is 19.04. Shihlin Electric & Engineering's value of 22.22 is 16.7% above this industry median. Based on the distribution chart, Shihlin Electric & Engineering ranks #754 out of 1295 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Shihlin Electric & Engineering has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shihlin Electric & Engineering's Forward PE Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Shihlin Electric & Engineering ranks #754 out of 1295 companies for Forward PE Ratio. This places Shihlin Electric & Engineering in the lower half of its industry. The industry median Forward PE Ratio is 19.04. Shihlin Electric & Engineering's value of 22.22 is 16.7% 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 an Industrial Products company?
The median Forward PE Ratio among Industrial Products companies is 19.04, based on 1,295 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. Shihlin Electric & Engineering's current Forward PE Ratio of 22.22 is 16.7% 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 Shihlin Electric & Engineering and its competitors. For the Industrial Products industry, the median Forward PE Ratio is 19.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shihlin Electric & Engineering's current Forward PE Ratio is 22.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shihlin Electric & Engineering stock overvalued right now?
Based on GuruFocus' analysis, Shihlin Electric & Engineering (TPE:1503) is currently considered Fairly Valued. The stock's GF Value™ is NT$206.13, compared to a current price of NT$190.50 — trading 7.6% below its estimated fair value. The current Forward PE Ratio is 22.22 and 16.7% above the Industrial Products industry median of 19.04. Shihlin Electric & Engineering's overall GF Score™ is 84/100. 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 Shihlin Electric & Engineering (TPE:1503), the current Forward PE Ratio is 22.22 as of Jul. 28, 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 Shihlin Electric & Engineering (TPE:1503) Overvalued in 2026?
Based on GuruFocus' analysis, Shihlin Electric & Engineering stock appears to be undervalued.
The current stock price of NT$190.50 is trading 7.6% below its estimated GF Value™ of NT$206.13.
GuruFocus considers Shihlin Electric & Engineering to be Fairly Valued.
Key valuation signals for TPE:1503:
Forward PE Ratio: 22.22
GF Value™: NT$206.13 vs. price of NT$190.50 (7.6% below fair value)
Industry Position: 16.7% above the Industrial Products median (#754 of 1295)
No single metric tells the full story. See the TPE:1503 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shihlin Electric & Engineering Business Description
Shihlin Electric & Engineering Corp is engaged in the manufacture of heavy electrical equipment, electrical machinery, electrical automotive equipment and related parts, and the sale and lease of commercial buildings. Its product portfolio comprises low-voltage switches, solar inverters, charging stations, power transformers, capacitors, switchboards, etc. The group has four reportable segments: Electric Distribution, Automobile Parts, Automation Equipment and Parts, and Other. The majority of its revenue is generated by the Electric Distribution segment, which manufactures and sells heavy electric equipment. Geographically, it generates maximum revenue from Taiwan, followed by Mainland China, Vietnam, and other regions.
84GF Score
Get the complete analysis for TPE:1503
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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