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Everlight Electronics Co (TPE:2393) 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 .
Everlight Electronics Co Forward PE Ratio Related Terms
Everlight Electronics 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.
Everlight Electronics Co Forward PE Ratio Chart
Everlight Electronics Co Annual Data
Trend
2018-12
2024-12
2025-12
Forward PE Ratio
13.25
15.12
9.69
Everlight Electronics Co Quarterly Data
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
2019-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
13.44
11.49
13.05
13.25
14.04
13.07
9.80
15.12
15.27
14.59
10.82
9.69
12.37
TPE:2393 vs APH, GLW, TEL: Forward PE Ratio Comparison
For the Electronic Components subindustry, Everlight Electronics 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.
Everlight Electronics Co Forward PE Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Everlight Electronics Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Everlight Electronics Co's Forward PE Ratio falls into.
Everlight Electronics 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.
Everlight Electronics Co (TPE:2393) has a Forward PE Ratio of 14.38 as of Aug. 07, 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 Everlight Electronics Co and its competitors. According to the industry distribution chart, Everlight Electronics Co ranks #285 out of 1021 companies in the Hardware industry, placing it in the top 27.9%.
Is Everlight Electronics Co's Forward PE Ratio too high?
Everlight Electronics Co's current Forward PE Ratio is 14.38. The Hardware industry median Forward PE Ratio is 22.05. Everlight Electronics Co's value of 14.38 is 34.8% below this industry median. Based on the distribution chart, Everlight Electronics Co ranks #285 out of 1021 companies in the Hardware industry, which is above the industry midpoint. Overall, Everlight Electronics Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Everlight Electronics Co's Forward PE Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Everlight Electronics Co ranks #285 out of 1021 companies for Forward PE Ratio. This puts Everlight Electronics Co in the upper half of its industry. The industry median Forward PE Ratio is 22.05. Everlight Electronics Co's value of 14.38 is 34.8% 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 Hardware company?
The median Forward PE Ratio among Hardware companies is 22.05, based on 1,021 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. Everlight Electronics Co's current Forward PE Ratio of 14.38 is 34.8% 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 Everlight Electronics Co and its competitors. For the Hardware industry, the median Forward PE Ratio is 22.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Everlight Electronics Co's current Forward PE Ratio is 14.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Everlight Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Everlight Electronics Co (TPE:2393) is currently considered Fairly Valued. The stock's GF Value™ is NT$66.86, compared to a current price of NT$60.90 — trading 8.9% below its estimated fair value. The current Forward PE Ratio is 14.38 and 34.8% below the Hardware industry median of 22.05. Everlight Electronics Co's overall GF Score™ is 76/100 with 3 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 Everlight Electronics Co (TPE:2393), the current Forward PE Ratio is 14.38 as of Aug. 07, 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 Everlight Electronics Co (TPE:2393) Overvalued in 2026?
Based on GuruFocus' analysis, Everlight Electronics Co stock appears to be undervalued.
The current stock price of NT$60.90 is trading 8.9% below its estimated GF Value™ of NT$66.86.
GuruFocus considers Everlight Electronics Co to be Fairly Valued.
Key valuation signals for TPE:2393:
Forward PE Ratio: 14.38
GF Value™: NT$66.86 vs. price of NT$60.90 (8.9% below fair value)
Industry Position: 34.8% below the Hardware median (#285 of 1021)
No single metric tells the full story. See the TPE:2393 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Everlight Electronics Co Ltd is engaged in the manufacture and sale of LEDs and optoelectronic products. Its products include visible LED, infrared products, sensors, optocouplers, and power semiconductors. The Group operates through LED, LCD, and illumination segments. The LED segment engages in the manufacture and sale of LEDs, while the LCD segment, which generates maximum revenue, engages in the manufacture and sale of LCDs and LCD modules. The illumination segment engages in the manufacture and sale of lighting products. Other operating segments mainly engage in the sale of raw materials for electronic products, masks, and electrophoretic displays. The company generates maximum revenue from Asia.
76GF Score
Get the complete analysis for TPE:2393
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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