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Goodway Machine (TPE:1583) 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 .
Goodway Machine Forward PE Ratio Related Terms
Goodway Machine Forward PE Ratio Historical Data
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The historical data trend for Goodway Machine'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.
Goodway Machine Forward PE Ratio Chart
Goodway Machine Annual Data
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Forward PE Ratio
Goodway Machine Quarterly Data
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TPE:1583 vs GEV, ETN, PH: Forward PE Ratio Comparison
For the Specialty Industrial Machinery subindustry, Goodway Machine'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.
Goodway Machine Forward PE Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Goodway Machine's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Goodway Machine's Forward PE Ratio falls into.
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.
Goodway Machine (TPE:1583) has a Forward PE Ratio of 0.00 as of Aug. 06, 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 Goodway Machine and its competitors. According to the industry distribution chart, Goodway Machine ranks #999999 out of 1292 companies in the Industrial Products industry.
Is Goodway Machine's Forward PE Ratio too high?
Goodway Machine's current Forward PE Ratio is 0.00. Based on the distribution chart, Goodway Machine ranks #999999 out of 1292 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Goodway Machine has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Goodway Machine's Forward PE Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Goodway Machine ranks #999999 out of 1292 companies for Forward PE Ratio. This places Goodway Machine in the lower half of its industry. The industry median Forward PE Ratio is 19.89. 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 19.89, based on 1,292 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. 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 Goodway Machine and its competitors. For the Industrial Products industry, the median Forward PE Ratio is 19.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goodway Machine's current Forward PE Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodway Machine stock overvalued right now?
Based on GuruFocus' analysis, Goodway Machine (TPE:1583) is currently considered Fairly Valued. The stock's GF Value™ is NT$47.11, compared to a current price of NT$49.65 — trading 5.4% above its estimated fair value. The current Forward PE Ratio is 0.00. Goodway Machine's overall GF Score™ is 60/100 with 6 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 Goodway Machine (TPE:1583), the current Forward PE Ratio is 0.00 as of Aug. 06, 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 Goodway Machine (TPE:1583) Overvalued in 2026?
Based on GuruFocus' analysis, Goodway Machine stock appears to be overvalued.
The current stock price of NT$49.65 is trading 5.4% above its estimated GF Value™ of NT$47.11.
GuruFocus considers Goodway Machine to be Fairly Valued.
Key valuation signals for TPE:1583:
Forward PE Ratio: 0.00
GF Value™: NT$47.11 vs. price of NT$49.65 (5.4% above fair value)
No single metric tells the full story. See the TPE:1583 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Goodway Machine Corp engaged in manufacturing, sales, and purchases of a variety of machine tools, automatic machinery and hardware, woodworking machinery, and woodworking lathes. The company has two reportable segments, the CNC Lathe segment and the Processing Machine segment, which are mainly engaged in the design, manufacturing, and trading of industrial machine tools. Geographically, the company generates a majority of its revenue from Asia (excluding Taiwan) and the rest from Europe, America, Taiwan, and other regions.
60GF Score
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Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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