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Kenda Rubber Industrial Co (TPE:2106) 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 .
Kenda Rubber Industrial Co Forward PE Ratio Related Terms
Kenda Rubber Industrial 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.
Kenda Rubber Industrial Co Forward PE Ratio Chart
Kenda Rubber Industrial Co Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
14.57
36.85
Kenda Rubber Industrial Co Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
14.57
14.67
24.83
17.70
36.85
33.24
TPE:2106 vs ORLY, AZO: Forward PE Ratio Comparison
For the Auto Parts subindustry, Kenda Rubber Industrial 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.
Kenda Rubber Industrial Co Forward PE Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Kenda Rubber Industrial Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Kenda Rubber Industrial Co's Forward PE Ratio falls into.
Kenda Rubber Industrial 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.
Kenda Rubber Industrial Co (TPE:2106) has a Forward PE Ratio of 33.61 as of Aug. 03, 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 Kenda Rubber Industrial Co and its competitors. According to the industry distribution chart, Kenda Rubber Industrial Co ranks #518 out of 597 companies in the Vehicles & Parts industry, placing it in the top 86.8%.
Is Kenda Rubber Industrial Co's Forward PE Ratio too high?
Kenda Rubber Industrial Co's current Forward PE Ratio is 33.61. The Vehicles & Parts industry median Forward PE Ratio is 13.90. Kenda Rubber Industrial Co's value of 33.61 is 141.8% above this industry median. Based on the distribution chart, Kenda Rubber Industrial Co ranks #518 out of 597 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Kenda Rubber Industrial Co has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kenda Rubber Industrial Co's Forward PE Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Kenda Rubber Industrial Co ranks #518 out of 597 companies for Forward PE Ratio. This places Kenda Rubber Industrial Co in the lower half of its industry. The industry median Forward PE Ratio is 13.90. Kenda Rubber Industrial Co's value of 33.61 is 141.8% 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 Vehicles & Parts company?
The median Forward PE Ratio among Vehicles & Parts companies is 13.90, based on 597 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. Kenda Rubber Industrial Co's current Forward PE Ratio of 33.61 is 141.8% 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 Kenda Rubber Industrial Co and its competitors. For the Vehicles & Parts industry, the median Forward PE Ratio is 13.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kenda Rubber Industrial Co's current Forward PE Ratio is 33.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kenda Rubber Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Kenda Rubber Industrial Co (TPE:2106) is currently considered Possible Value Trap. The stock's GF Value™ is NT$27.52, compared to a current price of NT$18.20 — trading 33.9% below its estimated fair value. The current Forward PE Ratio is 33.61 and 141.8% above the Vehicles & Parts industry median of 13.90. Kenda Rubber Industrial Co's overall GF Score™ is 58/100 with 9 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 Kenda Rubber Industrial Co (TPE:2106), the current Forward PE Ratio is 33.61 as of Aug. 03, 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 Kenda Rubber Industrial Co (TPE:2106) Overvalued in 2026?
Based on GuruFocus' analysis, Kenda Rubber Industrial Co stock appears to be undervalued.
The current stock price of NT$18.20 is trading 33.9% below its estimated GF Value™ of NT$27.52.
GuruFocus considers Kenda Rubber Industrial Co to be Possible Value Trap.
Key valuation signals for TPE:2106:
Forward PE Ratio: 33.61
GF Value™: NT$27.52 vs. price of NT$18.20 (33.9% below fair value)
Industry Position: 141.8% above the Vehicles & Parts median (#518 of 597)
No single metric tells the full story. See the TPE:2106 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kenda Rubber Industrial Co Ltd is engaged in the manufacturing and trading of rubber products such as inner tubes and tires of bicycles, scooters, industrial trucks, cars, and various products of carbon fiber. The company operates in four geographical areas such as China, the united states, Taiwan and Vietnam. The majority of the revenue is earn from united states.
58GF Score
Get the complete analysis for TPE:2106
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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